$463,000
SOLD MAY 7, 2025

5990 Painter Rd Mound, MN 55364

3.84 Acres
$120,573 Price per Acre
167,270 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

7% Below List Price

176 Days on Market

About This Lot

As of May 2025

Fantastic opportunity to build your dream home/retreat with the charm of the country yet located within city limits. Painter Road is a quiet, paved, dead-end street of only 27 homes. The 3.84 acre parcel of semi-cleared acres provide a mix of wooded and open spaces. The perfect blend of privacy within a very convenient accessible location with all the amenities you need nearby. Just minutes to Lake Minnetonka beaches, launch sites, Luce Line and Dakota trails, dining, grocery and hardware stores all in easy reach. Quick access to highways brings a drive to Wayzata within 13 minutes and downtown Minneapolis a 30 minute drive. Award winning Westonka Schools. No HOA. Open to all Builders. Bring your horse!

Last Agent to Sell the Property

Mark Melby

Coldwell Banker Realty Brokerage Phone: 612-309-7369 Listed on: 09/23/2024

Coldwell Banker Realty

Last Buyer's Agent

Mark Melby

Coldwell Banker Realty Brokerage Phone: 612-309-7369 Listed on: 09/23/2024

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,535

Lot Details

  • Lot Dimensions are 775x225
  • Cleared Lot

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Registered Land Surv #1264 A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0211724420005

Property Details

Property Type

Land

Est. Annual Taxes

$4,535

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Public Road
  • Attribution Contact: 612-309-7369
  • Attribution Contact: 612-309-7369
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: For Sale Sign,Survey

Exterior Features

  • Fencing: None

Utilities

  • Utilities: None Connected, Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Level,Other,Wooded
  • Lot Size: 775x225
  • Land Lease: No
  • Lot Features: Cleared, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0211724420005
  • Tax Annual Amount: 4535
  • TaxWithAssessments: 4535.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Apr 28, 2025
Sold by
Kuhl Susan and Pfeffer Mark
Bought by
Omni Custom Builders Llc
Seller's Agent
Mark Melby
Coldwell Banker Realty
Buyer's Agent
Mark Melby
Coldwell Banker Realty
List Price
$499,900
Sold Price
$463,000
Premium/Discount to List
-$36,900
-7.38%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%
Original Mortgage
$1,400,000
Outstanding Balance
$1,398,764
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
-$922,759

Purchase Details

Listed on
May 8, 2024
Closed on
May 31, 2024
Sold by
Basel Ila E
Bought by
Pfeffer Mark and Kuhl Susan
Seller's Agent
Christina Turner
Real Broker, LLC
Buyer's Agent
Christina Turner
Real Broker, LLC
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.44%

Purchase Details

Closed on
Jun 14, 1975
Sold by
Potter Lillian G
Bought by
Basel Everett and Basel Ila E
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 Type Sale Price Title Company
Warranty Deed $463,000 Stewart Title
Personal Reps Deed $375,000 Title Werks
Contract Of Sale $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,400,000 Construction
Previous Owner $125,000 New Conventional
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $1,970,000 +325.5% $447 / Sq Ft
05/07/2025 05/07/25 Sold $463,000 -7.4% $359 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
09/23/2024 09/23/24 For Sale $499,900 +33.3% $388 / Sq Ft
05/31/2024 05/31/24 Sold $375,000 -6.3% $211 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $400,000 -- $225 / 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
2023 $4,535 $505,500 $279,000 $226,500
2022 $3,835 $428,000 $216,000 $212,000
2021 $3,573 $389,000 $203,000 $186,000
2020 $3,705 $360,000 $180,000 $180,000
2019 $3,581 $349,000 $176,000 $173,000
2018 $3,676 $336,000 $164,000 $172,000
2017 $3,146 $282,000 $134,000 $148,000
2016 $3,022 $268,000 $134,000 $134,000
2015 $2,843 $250,000 $117,000 $133,000
2014 -- $247,000 $131,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6603057

NorthstarMLS

APN: 02-117-24-42-0005