NOT LISTED FOR SALE

5440 Three Points Blvd Unit 533 Mound, MN 55364

Estimated Value: $276,000

2 Beds
1 Bath
978 Sq Ft
$513/mo HOA Fee

Last Sold November 15, 2023

Last sale price $230,000 $235 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,053/month

68 Days on Market

Highlights

  • Dock Facilities
  • Heated Pool
  • Community Garden
  • Hilltop Primary School Rated A
  • Sauna
  • Stainless Steel Appliances

About This Home

As of November 2023

Welcome to this refreshed condo unit in the Seahorse Condo community. This community has so much to offer, including a private boat launch, beautiful grounds and landscaping, a heated indoor pool and sauna, a newly renovated party room, an outdoor fountain with putting greens, and large picnic spaces with gas grills. The unit features a spacious kitchen with stainless steel appliances, granite countertops, and white cabinetry. All of the windows and the sliding glass door were replaced in 2021. The full bathroom has a new vanity and bathtub. Both of the bedrooms have large closets and natural light. This unit includes a 1 car garage. The next owner has the opportunity to utilize a pre-paid boat slip for the remainder of the 2023 season and the possibility of renting a boat slip for the 2024 season. Enjoy the maintenance-free + lake lifestyle on Jennings Bay on Lake Minnetonka!

Last Listed By

Mike Steadman

Compass Listed on: 08/03/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1965

Lot Details

  • 8

HOA Fees

  • $513 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Heated Pool
  • Dock Facilities
  • Shared Waterfront

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 1311724220144

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, hazard insurance, lawn care, ground maintenance, trash, shared amenities, snow removal, water
  • Seahorse Condo // Michelle Seeman Association, Phone Number (612) 865-1664
  • Low-Rise Condominium
  • Condo 0008 Seahorse Condo Subdivision

Amenities

  • Community Garden

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,756

Year Built

Built in 1965

Lot Details

0

HOA Fees

$513 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: Common Laundry, Common Garden, Dock, Lobby Entrance, Other, 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: None
  • Property Sub Type: Condos

Interior Features

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

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • PoolFeatures: Heated, Indoor, Shared
  • PatioPorchType: Covered,Deck
  • Lake Acres: 14729
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached, Garage Door Opener, Parking Lot
  • ParkingOpen: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 612-865-1664
  • Association Fee: 513
  • Association: Yes
  • Amenities Unit: Deck

Association/Amenities

  • HOA Management Co: Seahorse Condo // Michelle Seeman

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: Irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1311724220144
  • Tax Annual Amount: 1756
  • TaxWithAssessments: 1756.0000

Multi Family

  • WaterfrontFeatures: Association Access, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Nov 7, 2023
Sold by
Andrews Christine and Andrews Edward
Bought by
Blix Gary
Seller's Agent
Mike Steadman
Compass
Buyer's Agent
Bryan Pogue
Coldwell Banker Realty
List Price
$275,000
Sold Price
$230,000
Premium/Discount to List
-$45,000
-16.36%
Total Days on Market
68
Views
130
Current Estimated Value
$276,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,000
Avg. Annual Appreciation
-30.40%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 12, 2018
Sold by
Everson Garry R and Everson Marie
Bought by
Andrews Christine and Andrews Edward
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$153,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 12, 2018
Sold by
Hagen Terry A and Hagen Thomas B
Bought by
Tierney Todd M and Everson Garry R
Seller's Agent
Carolyn Brooks
RE/MAX Advantage Plus
Buyer's Agent
Marie Everson
Coldwell Banker Realty
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.33%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blix Gary $230,000 Watermark Title
Andrews Christine $180,000 Burnet Title
Tierney Todd M $122,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andrews Christine $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $230,000 -7.8% $235 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $249,500 -1.4% $255 / Sq Ft
09/06/2023 09/06/23 Price Changed $252,950 -0.8% $259 / Sq Ft
08/31/2023 08/31/23 Price Changed $255,000 -1.9% $261 / Sq Ft
08/24/2023 08/24/23 Price Changed $259,950 -1.9% $266 / Sq Ft
08/14/2023 08/14/23 Price Changed $265,000 -3.6% $271 / Sq Ft
08/05/2023 08/05/23 For Sale $275,000 +52.8% $281 / Sq Ft
10/12/2018 10/12/18 Sold $180,000 -10.0% $184 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $200,000 +63.9% $204 / Sq Ft
04/30/2018 04/30/18 Sold $122,000 -6.1% $125 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $129,900 -- $133 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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 $83 $5,000 $2,000 $3,000
2017 $85 $5,000 $2,000 $3,000
2016 $89 $5,000 $2,000 $3,000
2015 $89 $5,000 $2,000 $3,000
2014 -- $5,000 $2,000 $3,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6412079

NorthstarMLS

APN: 13-117-24-22-0234