NOT LISTED FOR SALE

5490 Lost Lake Ln Mound, MN 55364

Estimated Value: $743,000 - $846,000

3 Beds
4 Baths
2,223 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $800,000 $360 Per Sq Ft

Current estimated payment $5,523/month

Highlights

  • Dock Facilities
  • 1 Fireplace
  • 1-Story Property
  • Shirley Hills Primary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Very rare opportunity to enjoy Lake Minnetonka living. This small townhome community is located in the "The Villas of Lost Lake" Includes the option of a permanent boat dock slip 25-30 foot in length. Each dock spot has both power and water hook-ups. This unit has its own private elevator. The townhouse is a corner/end unit. This immaculate townhome has the primary bedroom that overlooks the pool area. Second bedroom has its own bathroom, along with the laundry room all on the same level. Main level includes kitchen and living area and bathroom. The association includes a full size pool and hot tub. There is a full kitchen, BBQ and bathroom in the pool area. There is nothing else like this on the lake. Perfect for year round or snowbird living. Walking/biking distance to trails, restaurants and stores. Pets are allowed. This is a must see!

Last Agent to Sell the Property

Steven Johnson

Coldwell Banker Realty Brokerage Phone: 612-308-4487 Listed on: 05/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Jacob Stickney

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,903

Year Built

  • Built in 2006

Lot Details

  • 1,395

HOA Fees

  • $557 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Dock Facilities
  • 1,395 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
  • New Concepts Management Association, Phone Number (952) 922-2500
  • Lost Lake Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724330106

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,903

Year Built

Built in 2006

Lot Details

0

HOA Fees

$557 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Dock
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1814
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-308-4487
  • Attribution Contact: 612-308-4487
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Slab
  • Living Area: 2223
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 409
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 952-922-2500
  • Association Fee: 557
  • Association: Yes

Association/Amenities

  • HOA Management Co: New Concepts Management

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: irregular
  • Lot Size Sq Ft: 1395
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1311724330106
  • Tax Annual Amount: 5903
  • TaxWithAssessments: 5903.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 1, 2023
Sold by
Thoele Jeffrey D and Thoele Sandra K
Bought by
Barnum Living Trust and Barnum
Seller's Agent
Steven Johnson
Coldwell Banker Realty
Buyer's Agent
Jacob Stickney
Coldwell Banker Realty
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$800,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563
Avg. Annual Appreciation
0.03%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Wilaby Jodie E and Wilaby Nancy L
Bought by
Thoele Jeffrey D and Thoele Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2011
Closed on
Jan 31, 2012
Sold by
Thomson Frederick C and Thomson Allyson
Bought by
Wilaby Jodie W and Wilaby Nancy L
Seller's Agent
Steven Wilhelmy
Keller Williams Classic Rlty NW
Buyer's Agent
Rita Pederson
Coldwell Banker Burnet
List Price
$300,000
Sold Price
$230,000
Premium/Discount to List
-$70,000
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Source: Public Records

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
Barnum Living Trust $800,000 Burnet Title
Thoele Jeffrey D $541,000 Trademark Title Svcs Inc
Wilaby Jodie W $230,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thoele Jeffrey D $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $800,000 0.0% $360 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $800,000 +247.8% $360 / Sq Ft
01/31/2012 01/31/12 Sold $230,000 -23.3% $103 / Sq Ft View Prior Sale
01/26/2012 01/26/12 Pending -- -- --
02/16/2011 02/16/11 For Sale $300,000 -- $135 / 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
2024 $8,610 $732,000 $375,100 $356,900
2023 $6,459 $597,700 $236,500 $361,200
2022 $6,098 $581,000 $237,000 $344,000
2021 $5,992 $516,000 $231,000 $285,000
2020 $5,901 $507,000 $251,000 $256,000
2019 $5,792 $466,000 $215,000 $251,000
2018 $3,930 $436,000 $186,000 $250,000
2017 $3,366 $240,000 $33,000 $207,000
2016 $3,474 $237,000 $33,000 $204,000
2015 $3,466 $235,000 $33,000 $202,000
2014 -- $220,000 $31,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6343240

NorthstarMLS

APN: 13-117-24-33-0106