NOT LISTED FOR SALE

4205 Forest Lake Dr Mound, MN 55364

Estimated Value: $865,286 - $918,000

3 Beds
2.5 Baths
2,088 Sq Ft
$427/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $800,000 $383 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,663/month

25 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake View
  • 1 Fireplace
  • Hilltop Primary School Rated A
  • Deck
  • Stainless Steel Appliances

About This Home

As of June 2023

This stunning, 3BD/3BTH home, represents the perfect blend of indoor & outdoor living & includes a deeded dock/boat slip on Lake Minnetonka providing the opportunity to enjoy everything that Lake Minnetonka has to offer. An extensive interior remodel in 2019 includes a new, beautiful white kitchen/living area with a wide open floor plan to create the perfect space for entertaining guests or relaxing with family. The primary suite has a new bathroom & walk-in closet and other countless new features in the home to see! Two large, double decks offer plenty of outdoor living space to enjoy the tranquil surroundings, and a sprawling 0.43 acre flat yard with a fire pit / patio is ideal for outdoor activities & gatherings. The dock area includes a neighborhood beach, and a large, common area located just steps from the home. Stunning, SW views of Forest Lake Bay can be seen year round, from main level kitchen, living room and large, expansive, DBL deck. Move in ready, quick close option!

Last Listed By

Madeline Redmond

Coldwell Banker Realty Brokerage Phone: 952-393-2992 Listed on: 05/25/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1958

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 80x70x106x180
  • Street terminates at a dead end
  • Property has an invisible fence for dogs

HOA Fees

  • $67 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Pitched Roof

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Shared Waterfront
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 100 Amp Service
  • Water Filtration System
  • Well
  • Cable TV Available

Community Details

  • Association fees include beach access, dock, shared amenities, taxes
  • Forest Arms Cc Association, Phone Number (612) 718-5444
  • Forest Arms Country Club Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0711723120027

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,375

Year Built

Built in 1958

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Fee Frequency: Annually
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 2088
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 952-393-2992
  • Attribution Contact: 952-393-2992
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2088
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck
  • SqFtTotal: 2088.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Invisible
  • View: Bay, Lake, South, West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Deck,Rear Porch
  • Lake Acres: 14205
  • Lake Bottom: Gravel,Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage
  • Garage Square Feet: 529

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Shared Amenities, Taxes
  • Phone: 612-718-5444
  • Association Fee: 800
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,Panoramic View,Security Lights,Boat Slip,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Forest Arms CC

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 80x70x106x180
  • Lot Size Sq Ft: 18817.92
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0711723120027
  • Tax Annual Amount: 5375
  • TaxWithAssessments: 5374.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Dock, Lake View, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 21, 2023
Sold by
4205 Forest Lake Dr Llc
Bought by
Kahle Paige and Kahle Jordan
Seller's Agent
Madeline Redmond
Coldwell Banker Realty
Buyer's Agent
Jeanne LeVasseur
Keller Williams Realty Integrity
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Total Days on Market
25
Views
24
Current Estimated Value
$891,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,072
Avg. Annual Appreciation
6.10%
Original Mortgage
$640,000
Outstanding Balance
$627,335
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$263,737

Purchase Details

Listed on
Jun 15, 2019
Closed on
Jun 5, 2019
Sold by
Moberg Richard A and Moberg Lila H
Bought by
4205 Forest Lake Dr Llc
Sold Price
$502,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Sep 21, 2018
Sold by
Hartung Mary E
Bought by
Moberg Richard A and Moberg Lila H

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 27, 2015
Sold by
Lemire Jerome D and Lemire Jackie
Bought by
Moberg Richard A and Moberg Lila H
Seller's Agent
Sapa Carlson
Counselor Realty, Inc
List Price
$375,000
Sold Price
$369,000
Premium/Discount to List
-$6,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$276,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Range of Values:

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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
Kahle Paige $800,000 Burnet Title
4205 Forest Lake Dr Llc $502,000 Carver Cnty Abstract & Ttl C
Moberg Richard A $500 None Available
Moberg Richard A $369,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahle Paige $640,000
Previous Owner Moberg Richard A $276,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $800,000 -5.9% $383 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $850,000 +69.3% $407 / Sq Ft
06/15/2019 06/15/19 Sold $502,000 +36.0% $376 / Sq Ft
07/27/2015 07/27/15 Sold $369,000 0.0% $177 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/22/2015 05/22/15 Off Market $369,000 -- --
05/15/2015 05/15/15 For Sale $375,000 -- $180 / 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 $7,466 $791,100 $407,000 $384,100
2022 $5,111 $623,000 $297,000 $326,000
2021 $4,888 $536,000 $253,000 $283,000
2020 $4,081 $513,000 $242,000 $271,000
2019 $3,962 $405,000 $198,000 $207,000
2018 $4,908 $392,000 $193,000 $199,000
2017 $4,295 $363,000 $187,000 $176,000
2016 $3,744 $352,000 $193,000 $159,000
2015 $3,831 $352,000 $193,000 $159,000
2014 -- $314,000 $171,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6375766

NorthstarMLS

APN: 07-117-23-12-0027