NOT LISTED FOR SALE

5860 Maple Forest Mound, MN 55364

Estimated Value: $2,769,554 - $3,600,000

4 Beds
3.5 Baths
6,506 Sq Ft
$500/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $2,800,000 $430 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $19,846/month

56 Days on Market

Highlights

  • Lake Front
  • Dock Facilities
  • Fireplace in Primary Bedroom
  • Shirley Hills Primary School Rated A
  • 37,767 Sq Ft lot
  • Radiant Floor

About This Home

As of May 2024

Estate setting overlooking Lake Minnetonka! Timeless artisan home designed by TEA Architects. Soaring ceilings throughout with unique dormer and beam detailing. Great room with stone fireplace opens to the lakeside patio, sweeping lawn and miles of views of Upper Lake. Exquisite kitchen with endless custom cabinetry and high-end detail. Main floor owner’s suite with sitting area, fireplace and luxury bath. Cozy den/study with fireplace and custom paneling. Upper-level features two bedrooms, study area and full luxury bath. Recently renewed lower-level entertainment space with stone fireplace, coffered ceilings, custom bar, an additional bedroom with attached sitting room and full bath. 4-car heated garage. Timeless design paired with unmatched craftsmanship, and long-lasting materials make this a true legacy property. 40' covered slip. Association takes care of docks. Move in and enjoy the lake this summer!

Last Agent to Sell the Property

Gregg Larsen

Coldwell Banker Realty Brokerage Phone: 612-719-4477 Listed on: 02/13/2024

Coldwell Banker Realty

Co-Listed By

Jeffrey Martineau

Coldwell Banker Realty Brokerage Phone: 612-719-4477

Last Buyer's Agent

Sarah Polovitz

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,570

Year Built

  • Built in 1994

Lot Details

  • 0.87 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Many Trees

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room
  • Workshop
  • Radiant Floor

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

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

Additional Features

  • Air Exchanger
  • Dock Facilities

Listing and Financial Details

  • Assessor Parcel Number 3511724120019

Community Details

Overview

  • Association fees include dock, shared amenities
  • Private Association, Phone Number (952) 475-9207

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,570

Year Built

Built in 1994

Lot Details

0.87 Acres

HOA Fees

$243 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Association Amenities: Dock
  • Fee Frequency: Annually
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 4250
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-719-4477
  • Attribution Contact: 612-719-4477
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Double Oven, Dryer, Humidifier, Water Filtration System, Microwave, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom, Other
  • Living Area: 6506
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2256
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Informal Dining Room, Billiard, Game Room, Workshop

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Concrete, Tile
  • PoolFeatures: None
  • View: Panoramic
  • PatioPorchType: Patio,Terrace
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage

Utilities

  • Heating: Geothermal, Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Shared Amenities
  • Phone: 952-475-9207
  • Association Fee: 2913
  • Association: Yes
  • Amenities Unit: Dock,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Panoramic View,Sauna,Security System,Tile Floors,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Private

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 37766.52
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3511724120019
  • Tax Annual Amount: 23570
  • TaxWithAssessments: 23570.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 30, 2024
Sold by
Wagner Libby and Wagner Michael
Bought by
Heinmiller Joseph and Heinmiller Laura
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Sarah Polovitz
Compass
List Price
$3,195,000
Sold Price
$2,800,000
Premium/Discount to List
-$395,000
-12.36%
Views
179
Current Estimated Value
$3,255,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,889
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Sep 30, 2016
Sold by
Manuel Judy Jean
Bought by
Wagner Michael J and Wagner Libby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1997
Sold by
Johnson Dean D and Johnson Kathryn M
Bought by
Manuel Judy J

Purchase Details

Closed on
May 1, 1996
Sold by
Hometime Video P
Bought by
Johnson Dean D and Johnson Kathryn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heinmiller Joseph $2,800,000 --
Wagner Michael J $1,700,000 Burnet Title
Manuel Judy J $1,075,000 --
Johnson Dean D $644,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Michael J $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $2,800,000 0.0% $430 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/01/2024 04/01/24 Off Market $2,800,000 -- --
02/15/2024 02/15/24 For Sale $3,195,000 -- $491 / Sq Ft
Source: NorthstarMLS

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 $31,939 $2,883,200 $546,000 $2,337,200
2023 $23,570 $2,249,900 $546,000 $1,703,900
2022 $20,307 $2,175,000 $546,000 $1,629,000
2021 $20,685 $1,773,000 $520,000 $1,253,000
2020 $21,396 $1,782,000 $520,000 $1,262,000
2019 $22,045 $1,722,000 $455,000 $1,267,000
2018 $23,464 $1,755,000 $533,000 $1,222,000
2017 $24,540 $1,829,000 $413,000 $1,416,000
2016 $24,502 $1,794,000 $413,000 $1,381,000
2015 $26,653 $1,913,000 $546,000 $1,367,000
2014 -- $1,923,000 $546,000 $1,377,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6488578

NorthstarMLS

APN: 35-117-24-12-0019

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