NOT LISTED FOR SALE

5965 Loring Dr Mound, MN 55364

Estimated Value: $1,467,000 - $1,649,000

4 Beds
4.5 Baths
4,040 Sq Ft
$379/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $1,335,000 $330 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,371/month

67 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Heated In Ground Pool
  • 41,818 Sq Ft lot
  • Shirley Hills Primary School Rated A
  • Home fronts a pond
  • Deck

About This Home

As of August 2024

Access to Lake Minnetonka, in time for 2024 summer season! The owner of this property will enjoy
the option to join the Loring Acres Beach Association that grants recreational access to the lake, plus
seniority-based boat slip(s). This home shows like new construction. Custom, quality finishes throughout
and meticulously maintained. The main floor is light & bright and offers one-level living. From top to
bottom, this property is meant for entertaining. The kitchen is designed for both the avid cook and for
gatherings of guests. The lower level has a family room and kitchenette/bar area that walks out to the
pool, patio, and bonfire. Situated on a quiet cul-de-sac, this 0.96-acre property offers thoughtful
landscaping, the peaceful enjoyment of nature, and the feeling of a getaway. Enjoy considerable storage
space in the tuckunder garage, accessed through the home or via the paved drive.

Last Agent to Sell the Property

Anna Wilkerson

LPT Realty, LLC Listed on: 04/29/2024

LPT Realty, LLC

Last Buyer's Agent

Judith Devitt

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,817

Year Built

  • Built in 1976

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 120x454x166x365
  • Home fronts a pond
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property has an invisible fence for dogs
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Utility Room Floor Drain
  • Radiant Floor

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Heated In Ground Pool
  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Association fees include beach access, dock
  • Self Managed , Call Agent Anna Wilkerson Association, Phone Number (651) 269-8738
  • Loring Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511724120011

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,817

Year Built

Built in 1976

Lot Details

0.96 Acres

HOA Fees

$90 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Private, Well
  • Fee Frequency: Annually
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 2141
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Electric, Gas
  • Living Area: 4040
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1899
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Sun Room, Office, Foyer, Bedroom 1, Bedroom 2, Laundry, Bar/Wet Bar Room, Family Room, Bedroom 3, Bedroom 4, Deck

Beds/Baths

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

Exterior Features

  • Roof: Shake, Pitched, Wood
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Invisible, Privacy, Wood
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Composite Decking,Covered,Deck,Patio
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Tuckunder Garage

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Other
  • Phone: 651-269-8738
  • Association Fee: 1080
  • Association: Yes
  • Amenities Unit: Cable,Deck,French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Skylight,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Self-Managed , Call Agent Anna Wilkerson

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 120x454x166x365
  • Lot Size Sq Ft: 41817.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3511724120011
  • Tax Annual Amount: 9817
  • TaxWithAssessments: 10596.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Dock, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 18, 2024
Sold by
Dickerman Katherine and Dickerman Michael
Bought by
Rutz Ryan and Rutz Kristina
Seller's Agent
Anna Wilkerson
LPT Realty, LLC
Buyer's Agent
Judith Devitt
Coldwell Banker Realty
List Price
$1,369,000
Sold Price
$1,335,000
Premium/Discount to List
-$34,000
-2.48%
Views
51
Current Estimated Value
$1,529,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,265
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
Jun 26, 2020
Sold by
Burkholder Jody S and Burkholder Connie L
Bought by
Dickerman Michael J and Dickerman Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2013
Sold by
Paradise Margaret
Bought by
Burkholder Jody S and Burkholder Connie L

Purchase Details

Closed on
Dec 31, 2012
Sold by
Paradise James J
Bought by
Paradise Margaret
Source: Public Records
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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
Rutz Ryan $1,335,000 --
Dickerman Michael J $902,500 Watermark Title Agency
Burkholder Jody S $436,764 Burnet Title
Paradise Margaret -- Burnet Title
Paradise Margaret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dickerman Michael J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $1,335,000 -2.5% $330 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $1,369,000 -- $339 / 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 $14,848 $1,388,600 $396,000 $992,600
2023 $13,558 $1,262,400 $396,000 $866,400
2022 $10,431 $1,046,000 $198,000 $848,000
2021 $5,546 $884,000 $165,000 $719,000
2020 $5,793 $543,000 $126,000 $417,000
2019 $5,892 $531,000 $126,000 $405,000
2018 $5,883 $535,000 $126,000 $409,000
2017 $6,017 $516,000 $126,000 $390,000
2016 $5,574 $473,000 $126,000 $347,000
2015 $5,347 $446,000 $168,000 $278,000
2014 -- $456,000 $205,000 $251,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6527803

NorthstarMLS

APN: 35-117-24-12-0011

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