NOT LISTED FOR SALE

5505 Spruce Rd Mound, MN 55364

Estimated Value: $390,000 - $410,569

4 Beds
2 Baths
1,743 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $414,000 $238 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,382/month

13 Days on Market

Highlights

  • Deck
  • No HOA
  • The kitchen features windows
  • Hilltop Primary School Rated A
  • Stainless Steel Appliances
  • 2 Car Attached Garage

About This Home

As of July 2024

This beautifully updated 4-bedroom, 2-bathroom home, just steps from Lake Minnetonka, features three bedrooms on one level. The modernized kitchen boasts quartz countertops, a new gas range, new dishwasher, new microwave, new sink, new faucet, and an updated backsplash. The lower-level bathroom has also been stylishly refreshed.

There were over $33,000 in recent renovations, and the list of these improvements is available in the supplements. Recent improvements include a new furnace, humidifier, AC, water heater with expansion tank, and a radon mitigation system. The driveway, roof, siding, and deck are all newer. Enjoy the fully fenced backyard with a cozy fire pit, along with an oversized 2-car garage. Conveniently close to shopping, dining, fitness centers, and more, with easy access to the Dakota Rail Trail, parks, Surfside Park beach, boat ramp, and Minnetonka Fishing Pier. Opportunity to have a dock on Lake Minnetonka through the Mound Dock Program.

Your new home awaits!

Last Agent to Sell the Property

Eric Janson

LPT Realty, LLC Listed on: 06/08/2024

LPT Realty, LLC

Last Buyer's Agent

Michael Pauly

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80x100
  • Property is Fully Fenced
  • Chain Link Fence
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Lake Side Park A L Crockers 1St Div Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1311724320056

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,684

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 1050
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 1743
  • Fireplace: No
  • Below Grade Finished Sq Ft: 693
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link, Full
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80x100
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1311724320056
  • Tax Annual Amount: 3684
  • TaxWithAssessments: 3683.5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jul 23, 2024
Sold by
Durken Jason Daniel and Durken Abby
Bought by
Stover Matthew James
Seller's Agent
Eric Janson
LPT Realty, LLC
Buyer's Agent
Michael Pauly
eXp Realty
List Price
$389,900
Sold Price
$414,000
Premium/Discount to List
$24,100
6.18%
Views
40
Current Estimated Value
$397,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,858
Avg. Annual Appreciation
-2.91%
Original Mortgage
$331,200
Outstanding Balance
$327,214
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$69,928

Purchase Details

Closed on
Jun 30, 2022
Sold by
Borisov Trofim and Borisov Nadia
Bought by
Durken Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2022
Sold by
Borisov and Nadia
Bought by
Durken Jason Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2016
Sold by
Borisov Trofim and Borisov Nadia
Bought by
Borisov Trofim and Borisov Nadia

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 1, 2015
Sold by
Wells Fargo Bank National Association
Bought by
Borisov Trofim
Seller's Agent
George Farkas
Re/Max Results
Buyer's Agent
Kelle Bowe
Coldwell Banker Burnet
List Price
$144,000
Sold Price
$160,000
Premium/Discount to List
$16,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$128,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2014
Sold by
Peterson Ralph and Peterson Michelle
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jul 16, 2004
Sold by
Anderson Jerry Elias
Bought by
7Trillion Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stover Matthew James $415,000 Title Group
Durken Jason $355,000 --
Durken Jason Daniel $355,000 None Listed On Document
Borisov Trofim -- Entitle Inc
Borisov Trofim -- Entitle Inc
Borisov Trofim $160,000 Burnet Title
Borisov Trofim $160,000 Burnet Title
Wells Fargo Bank National Association $249,191 None Available
Wells Fargo Bank National Association $249,191 None Available
7Trillion Corp $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stover Matthew James $331,200
Previous Owner Durken Jason $355,000
Previous Owner Durken Jason Daniel $344,350
Previous Owner Borisov Trofim $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $414,000 +6.2% $238 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $389,900 +143.7% $224 / Sq Ft
04/10/2015 04/10/15 Sold $160,000 +11.1% $103 / Sq Ft View Prior Sale
03/17/2015 03/17/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $144,000 -- $92 / 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 $3,607 $342,600 $90,000 $252,600
2023 $3,684 $357,800 $100,000 $257,800
2022 $2,691 $310,000 $85,000 $225,000
2021 $2,575 $243,000 $56,000 $187,000
2020 $2,536 $233,000 $61,000 $172,000
2019 $2,468 $216,000 $53,000 $163,000
2018 $2,376 $209,000 $53,000 $156,000
2017 $2,123 $173,000 $40,000 $133,000
2016 $1,984 $159,000 $43,000 $116,000
2015 $3,766 $164,000 $48,000 $116,000
2014 -- $148,000 $46,000 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6550399

NorthstarMLS

APN: 13-117-24-32-0056