NOT LISTED FOR SALE

855 Forest Arms Ln Mound, MN 55364

Estimated Value: $1,443,464 - $1,523,000

4 Beds
3.5 Baths
3,030 Sq Ft
$490/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $690,000 $228 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,906/month

163 Days on Market

Highlights

  • Lake Front
  • Docks
  • 1.29 Acre Lot
  • Hilltop Primary School Rated A
  • Heated In Ground Pool
  • Deck

About This Home

As of October 2012

Quiet Lake Minnetonka Oasis! Professionally Renovated by Katherine Taylor Design. Private Location on World Renowned Lake. Expansive backyard setting w/144 Lakeshore,in-ground sport pool, reclaimed timber plank floors- Open Great room style floorplan.

Last Agent to Sell the Property

Aaron Lowe

RE/MAX Results Listed on: 04/21/2012

Last Buyer's Agent

Gina Dumas

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,410

Year Built

  • 1979

Lot Details

  • 1.29 Acre Lot
  • Lake Front
  • Irregular Lot

Home Design

  • Tri-Level Property
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • Woodwork
  • Gas Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Exchanger

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 0711723120013

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,410

Year Built

1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Hot Tub, Natural Woodwork
  • Amenities Exterior: Deck, Dock, Hot Tub, Patio
  • Estimated Number of Acres: 1.29
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1350
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 0711723120013
  • Potential Short Sale: Yes
  • Projected Closed Date: 11/26/2012
  • Stories: Tri-Level Split
  • Taxes With Assessments: 6785
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 3/4 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 18x22, On Level: Upper
  • Room 2: Dining Room, 15x14, On Level: Main
  • Room 3: Family Room, 30x18, On Level: Lower
  • Room 4: Kitchen, 13x12, On Level: Main
  • Room 5: Bedroom, 17x13, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 16x12, On Level: Upper
  • Room 8: Bedroom, 12x13, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1830
  • Below Grade Finished Sq Ft: 1200
  • Total Fin Square Footage: 3030

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Westonka #277

Lot Info

  • Estimated Lot Dimensions: 144ft on L
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Pearson Kristin D and Munsch Boake D
Bought by
Pearson Kristin D and Munsch Boake D
Current Estimated Value
$1,484,821

Purchase Details

Closed on
Jun 14, 2016
Sold by
Thunstrom Jason
Bought by
Pearson Kristin

Purchase Details

Listed on
Apr 21, 2012
Closed on
Oct 19, 2012
Sold by
Golz Alan L
Bought by
Thunstrom Jason S and Pearson Kristin D
Seller's Agent
Aaron Lowe
RE/MAX Results
Buyer's Agent
Gina Dumas
RE/MAX Results
List Price
$799,500
Sold Price
$690,000
Premium/Discount to List
-$109,500
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$417,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2000
Sold by
Carlson C Arnold
Bought by
Golz Alan L and Golz Barbara R
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
Pearson Kristin D -- None Listed On Document
Pearson Kristin -- None Available
Thunstrom Jason S $690,000 Triad Title & Abstract Llc
Golz Alan L $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thunstrom Jason S $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $690,000 -13.7% $228 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $799,500 -- $264 / 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 $13,410 $1,302,700 $741,800 $560,900
2023 $11,991 $1,216,300 $690,000 $526,300
2022 $8,871 $1,035,000 $575,000 $460,000
2021 $8,560 $865,000 $477,000 $388,000
2020 $8,343 $832,000 $461,000 $371,000
2019 $8,401 $769,000 $414,000 $355,000
2018 $7,795 $769,000 $403,000 $366,000
2017 $7,828 $688,000 $374,000 $314,000
2016 $7,521 $662,000 $374,000 $288,000
2015 $7,156 $622,000 $334,000 $288,000
2014 -- $569,000 $305,000 $264,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4122409

REALTOR® Association of Southern Minnesota

APN: 07-117-23-12-0013