NOT LISTED FOR SALE

5450 Three Points Blvd Unit 634 Mound, MN 55364

Estimated Value: $281,000

2 Beds
1 Bath
978 Sq Ft
$616/mo HOA Fee

Last Sold September 30, 2024

Last sale price $220,000 $225 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,190/month

112 Days on Market

Highlights

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

About This Home

As of September 2024

Association fee includes your heat, central air, water, sewer, garbage, lawn, snow, hazard insurance and outside maintenance. Outstanding, quiet top floor unit features a remodeled kitchen with new cabinetry, stainless appliances, Corian counter tops and new lighting. The full bath has been tastefully updated. The main living area of the condo has plank flooring and carpeting in the bedrooms. Step out to the screened deck and enjoy wonderful west facing exposure with a wooded view. The garage is directly out the back door of the building and has a new garage door and opener. There is a private boat launch and day docks for guests to visit. Enjoy the indoor pool building with locker room and sauna. The party room next to the pool was just remodeled! You will love the beautiful lakeside grounds with picnic area and grills. Walking distance to dining, groceries and trail. Ask about a high probability a 24 foot dock slip for rent or for sale from a neighbor for a very reasonable fee.

Last Agent to Sell the Property

Timothy Landon

RE/MAX Advantage Plus Listed on: 04/11/2024

RE/MAX Advantage Plus

Last Buyer's Agent

Timothy Landon

RE/MAX Advantage Plus Listed on: 04/11/2024

RE/MAX Advantage Plus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1965

Lot Details

  • Lake Front
  • Additional Parcels

HOA Fees

  • $616 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Flat Roof Shape

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 1311724220163

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, hazard insurance, heating, lawn care, professional mgmt, trash, snow removal, water
  • Seahorse Association, Phone Number (612) 865-1664
  • Low-Rise Condominium
  • Seahorse Condominiums Subdivision

Amenities

  • Party Room
  • Coin Laundry

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,945

Year Built

Built in 1965

Lot Details

0

HOA Fees

$616 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: Coin-op Laundry Owned, 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: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Flat
  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • Lake Acres: 14205
  • Lake Bottom: Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener, Guest Parking

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, Professional Mgmt, Trash, Snow Removal, Water
  • Phone: 612-865-1664
  • Association Fee: 616
  • Association: Yes
  • Amenities Unit: Deck

Association/Amenities

  • HOA Management Co: Seahorse Association

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: comon
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels Description: 1311724220197
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311724220163
  • Tax Annual Amount: 1945
  • TaxWithAssessments: 1945.0000

Multi Family

  • WaterfrontFeatures: Association Access, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Sep 30, 2024
Sold by
Jones Virginia J
Bought by
Nobs Adam B
Seller's Agent
Timothy Landon
RE/MAX Advantage Plus
Buyer's Agent
Timothy Landon
RE/MAX Advantage Plus
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Views
53
Current Estimated Value
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,000
Avg. Annual Appreciation
40.48%
Original Mortgage
$176,000
Outstanding Balance
$175,085
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$105,915

Purchase Details

Closed on
Oct 21, 2010
Sold by
Jorgensen Dale R
Bought by
Jones Harold E and Jones Virginia J

Purchase Details

Closed on
Dec 3, 2002
Sold by
Kothe David
Bought by
Jorgensen Dale R and Jorgensen Deborah M

Purchase Details

Closed on
Sep 18, 2002
Sold by
Farmer Gordon L
Bought by
Kothe David and Kothe Theodora
Source: Public Records

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Range of Values:

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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
Nobs Adam B $220,000 Trademark Title
Jones Harold E $95,000 --
Jorgensen Dale R $137,800 --
Kothe David $121,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nobs Adam B $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $220,000 -2.2% $225 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $224,900 -2.2% $230 / Sq Ft
04/11/2024 04/11/24 For Sale $229,900 -- $235 / 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 $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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6516037

NorthstarMLS

APN: 13-117-24-22-0197