$189,900

5440 Three Points Blvd Unit 525 Mound, MN 55364

Estimated payment $1,993/month

Total Views 23,338
2 Beds
1 Bath
978 Sq Ft
$194 Price per Sq Ft

Highlights

  • Lake Front
  • Dock Facilities
  • Heated In Ground Pool
  • Hilltop Primary School Rated A
  • Beach Access
  • Sauna

About This Home

Association fee includes your heat, central air, water, sewer, garbage, lawn, snow, hazard insurance and outside maintenance. Very clean 2 bedroom, one bath unit with sunny exposure. The living area has newer vinyl plank flooring and steps out to the screened deck. The full bath has newer tile flooring. Garage 71 is nearby on the lake side of the building and has a newer garage door and opener. There is a private boat launch and day docks for guests to visit you or pick you up for a cruise out on Lake Minnetonka. Enjoy the indoor pool building with locker room and sauna. The party room next to the pool has been remodeled and is an excellent extension of your entertaining space! You will love 8 acres of beautiful lakeside grounds with picnic area and grills. Walking distance to Mound with several dining options, groceries and the Dakota Trail. Ask about a high probability of a 24 foot covered dock slip for rent or for sale from a neighbor for a very reasonable fee.

Listing Agent

Timothy Landon

RE/MAX Advantage Plus Listed on: 01/17/2025

RE/MAX Advantage Plus

Co-Listing Agent

Nicholas Landon

RE/MAX Advantage Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1965

Lot Details

  • Property fronts a channel
  • Lake Front
  • Additional Parcels

HOA Fees

  • $787 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Fee

Home Design

  • Flat Roof Shape
  • Rubber Roof

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Dock Facilities
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 1311724220140

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, sewer, shared amenities, snow removal
  • Gassen Company Association, Phone Number (952) 922-5575
  • Low-Rise Condominium
  • Condo 0008 Seahorse Condo Subdivision

Recreation

  • Community Indoor Pool

Additional Features

  • Party Room
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,896

Year Built

Built in 1965

Lot Details

0

HOA Fees

$787 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Dock, Fire Sprinkler System, Sauna
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 978
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Living Area: 978
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Amusement/Party Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat, Rubber
  • PoolFeatures: Below Ground, Heated, Indoor
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Covered,Deck,Screened
  • Lake Acres: 14205
  • Lake Bottom: Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4

Garage/Parking

  • Parking Features: Detached, Asphalt, More Parking Onsite for Fee

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 787
  • Association: Yes
  • Amenities Unit: Deck

Association/Amenities

  • HOA Management Co: Gassen Company

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 349307.64
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Island/Peninsula
  • Additional Parcels Description: 1311724220236
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Cedar, Fiber Cement, Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311724220140
  • Tax Annual Amount: 1896
  • TaxWithAssessments: 1896.0000

Multi Family

  • WaterfrontFeatures: Association Access, Channel Shore, Lake Front, Other

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $104 $10,000 $7,000 $3,000
2022 $117 $10,000 $7,000 $3,000
2021 $118 $10,000 $7,000 $3,000
2020 $127 $10,000 $7,000 $3,000
2019 $64 $10,000 $7,000 $3,000
2018 $68 $5,000 $2,000 $3,000
2017 $69 $5,000 $2,000 $3,000
2016 $72 $5,000 $2,000 $3,000
2015 $72 $5,000 $2,000 $3,000
2014 -- $5,000 $2,000 $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Price Changed $189,900 -5.0% $194 / Sq Ft
01/17/2025 01/17/25 For Sale $199,900 -- $204 / Sq Ft
Source: NorthstarMLS

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,858 FHA
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6649852

NorthstarMLS

APN: 13-117-24-22-0236