$265,000

5450 Three Points Blvd Unit 623 Mound, MN 55364

Estimated payment $2,369/month

Total Views 7,455
2 Beds
1 Bath
978 Sq Ft
$271 Price per Sq Ft

Highlights

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

About This Home

Finally, the carefree Lake Minnetonka living you have been dreaming about! Perfect for year-round vacation-like living or as a seasonal getaway! Yet without the endless maintenance needs that keep you from enjoying your time off! Includes covered 12x32 boat slip on the lake. Dock #56. Garage #61! Many amenities onsite too! Get a workout in the morning, splash around in the pool, or even take in some sauna action. Adjacent entertainment room plus outdoor grilling options makes it easy to host the next gathering with your friends and family! Your new condo has an updated kitchen with stainless steel appliances (all included), today’s decor and screened in balcony. Enjoy restaurants, live music and festivals, all just an easy boat ride, bike ride or date night drive from your new home! Lake Minnetonka Living Awaits!

Listing Agent

John & Kristin Beise

RE/MAX Advantage Plus Listed on: 08/20/2025

RE/MAX Advantage Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1965

Lot Details

  • Lake Front
  • Additional Parcels

HOA Fees

  • $798 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Shake Siding

Interior Spaces

  • 978 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Sauna
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Dock Facilities

Utilities

  • Central Air
  • Baseboard Heating
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 1311724220156

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, dock, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, sewer, shared amenities, snow removal
  • Gasson Management Association, Phone Number (952) 922-5575
  • Low-Rise Condominium
  • Condo 0008 Seahorse Condo Subdivision

Amenities

  • Coin Laundry

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,989

Year Built

Built in 1965

Lot Details

0

HOA Fees

$798 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Grab Bars In Bathroom
  • Water Source: City Water/Connected
  • Association Amenities: Boat Slip, Coin-op Laundry Owned, Dock, In-Ground Sprinkler System, Sauna
  • Fee Frequency: Monthly
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 978
  • Water Body Name: Minnetonka
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Satellite
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Chandelier, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
  • Living Area: 978
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Foyer
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • PoolFeatures: Below Ground, Heated, Indoor
  • View: Bay
  • Other Structures: Pool House
  • ConstructionMaterialsDesc: Block,Brick,Frame
  • PatioPorchType: Covered,Deck
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener, Parking Lot, Paved
  • Carport Spaces: 1

Utilities

  • Heating: Baseboard, Radiant
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Dock, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-922-5575
  • Association Fee: 798
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Dock,Hardwood Floors,Intercom System,Main Floor Primary Bedroom,Natural Woodwork,Satelite Dish,Security System,Security Lights,Boat Slip,In-Ground Sprinkler,Tile Floors

Association/Amenities

  • HOA Management Co: Gasson Management

Schools

  • Junior High Dist: Westonka
  • 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, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1311724220156
  • Tax Annual Amount: 1989
  • TaxWithAssessments: 2122.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front

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
2024 $1,979 $193,300 $47,000 $146,300
2023 $2,042 $199,100 $52,500 $146,600
2022 $1,809 $181,000 $39,000 $142,000
2021 $1,796 $161,000 $33,000 $128,000
2020 $1,487 $159,000 $30,000 $129,000
2019 $2,026 $127,000 $20,000 $107,000
2018 $1,570 $165,000 $32,000 $133,000
2017 $1,451 $116,000 $20,000 $96,000
2016 $1,457 $112,000 $20,000 $92,000
2015 $1,663 $137,000 $22,000 $115,000
2014 -- $115,000 $18,000 $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Price Changed $265,000 -3.6% $271 / Sq Ft
08/20/2025 08/20/25 For Sale $274,900 -- $281 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $500 None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6775686

NorthstarMLS

APN: 13-117-24-22-0156