NOT LISTED FOR SALE

5492 Lost Lake Ln Mound, MN 55364

Estimated Value: $535,000 - $698,000

2 Beds
2.5 Baths
2,040 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 19, 2012

Last sale price $205,000 $100 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $4,409/month

178 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Wood Flooring
  • Shirley Hills Primary School Rated A
  • Vaulted Ceiling
  • Balcony

About This Home

As of July 2012

Annual First-Right-of-Refusal on 26' slip on Lake Minnetonka w/gated access, pool, Spa & maintained grounds. Granite, tile, wood floors & fancy finishes! Extensive kitchen storage, 2 gas fireplaces and 1 car garage. An awesome pad for the lake dweller.

Last Agent to Sell the Property

Barbara Brancel

Bridge Realty, LLC Listed on: 01/04/2012

Last Buyer's Agent

Richard Levchak

Luke Team Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,883

Year Built

  • 2005

Lot Details

  • Lot Dimensions are 20x48
  • Lake Front

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 1311724330107

Community Details

Overview

  • Association fees include exterior maintenance, shared amenities, snow removal

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,883

Year Built

2005

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Driveway - Asphalt, Patio
  • Construction: Previously Owned
  • Foundation Size: 960
  • Parcel Number: 1311724330107
  • Potential Short Sale: Yes
  • Projected Closed Date: 07/25/2012
  • Taxes With Assessments: 4683
  • Special Features: 12
  • Property Sub Type: Townhouses
  • Year Built: 2005

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Range/Stove
  • Total Bedrooms: 2
  • Bathroom Description: Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x15, On Level: Upper
  • Room 2: Dining Room, 15x9, On Level: Upper
  • Room 4: Kitchen, 19x13, On Level: Upper
  • Room 5: Bedroom, 14x10, On Level: Third Floor
  • Room 6: Bedroom, 19x12, On Level: Third Floor
  • Room 9: Den/Office, 19x11, On Level: Main
  • Finished Above Grade Sq Ft: 2040
  • Total Fin Square Footage: 2040

Exterior Features

  • Frontage Road: City
  • LakeAcres: 14652
  • Exterior: Brick
  • Pool: In-Ground, Heated, Outdoor, Shared
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal
  • Shared: Hot Tub
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 350

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 20x48
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2021
Sold by
Olek Carla
Bought by
Lenz Bianca Mckenzie and Lenz Troy Douglas
Current Estimated Value
$641,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,325
Outstanding Balance
$414,715
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$226,364

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jul 19, 2012
Sold by
Wartman Tom W
Bought by
Olek Carla
Seller's Agent
Barbara Brancel
Bridge Realty, LLC
Buyer's Agent
Richard Levchak
Luke Team Real Estate
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$194,750
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2012
Sold by
Wartman Thomas W
Bought by
Bank Of America National Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lenz Bianca Mckenzie $483,500 Watermark Title Agency
Olek Carla $205,000 Midland Title
Bank Of America National Association $495,823 --
Bank Of America National Association $495,822 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenz Bianca Mckenzie $459,325
Previous Owner Olek Carla $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2012 07/19/12 Sold $205,000 -18.0% $100 / Sq Ft
06/30/2012 06/30/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $250,000 -- $123 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,883 $678,000 $341,000 $337,000
2023 $5,963 $558,800 $215,000 $343,800
2022 $5,657 $544,000 $215,000 $329,000
2021 $5,879 $482,000 $210,000 $272,000
2020 $5,749 $499,000 $251,000 $248,000
2019 $5,424 $454,000 $215,000 $239,000
2018 $3,577 $423,000 $186,000 $237,000
2017 $2,974 $230,000 $33,000 $197,000
2016 $3,054 $228,000 $33,000 $195,000
2015 $3,050 $226,000 $33,000 $193,000
2014 -- $198,000 $31,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4096521

REALTOR® Association of Southern Minnesota

APN: 13-117-24-33-0107