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For Sale:  Mound MLS# 7010776

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Active NEW!
$249,900
/mo Edit
Single Family:  1 Story
3 br • 1 ba • Built 1973
1,195 sqft • 0.24 acres
MLS# 7010776
763-576-8286
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    Property Description

    This opportunity, located just half mile from Lake Minnetonka, is a prime find for investors, flippers, or house hackers looking to create quick equity in a highly desirable area. Set on a generous .25-acre lot, and dead end street, the home offers a functional layout with three bedrooms and a full bath on main level and a partially finished lower level with tuck-under garage, providing a solid foundation for a thoughtful renovation. Major exterior updates have already been completed, including new siding and a new roof, allowing a future owner to focus on interior improvements. The home was smoked in and will require updates throughout, making it an ideal project for those ready to add value and bring the home back to its full potential. With strong resale demand in the Lake Minnetonka area, this property presents a compelling opportunity to renovate, build equity, and capitalize on a location that continues to perform. Hurry today, these opportunities do not last long!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $249,900
    Price per sq ft: $209
    Property Type: Single Family
    City: Mound
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1973
    State: MN
    Property Style: 1 Story
    Zip Code: 55364
    Subdivision Name: Pembroke

    Interior

    Bedrooms: 3
    Bathrooms: 1
    Finished Area: 1,195 ft2
    Total Fireplaces: 0
    Living Area: 1,195 ft2
    Common Wall: No
    Appliances Included:
    • Dryer
    • Refrigerator
    • Washer
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Partially Finished
    • Storage Space
    • Sump Basket

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 22x19
    Garage Size: 418 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Air Conditioning: Central Air
    Foundation Size: 1,008 ft2
    Foundation Dimensions: 42x24
    Handicap Accessible: None
    Out Buildings: Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Tuckunder Garage
    Unit Amenities: Kitchen Window
    Road Frontage:
    • No Outlet/Dead End
    • Paved Streets
    Exterior Material:
    • Block
    • Concrete
    Roof Details: Age 8 Years or Less

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Main Floor Full Bath
    Dining/Kitchen: Kitchen/Dining Room
    Laundry:
    • Laundry Room
    • Lower Level
    • Sink
    Main Level Size Sq Ft
    Bedroom  13 x 10  130 
    Informal Dining Room  8 x 7  56 
    Kitchen  14 x 8  112 
    Living Room  20 x 12  240 
    Bedroom 2  11 x 10  110 
    Bedroom 3  10 x 10  100 
    Lower Level Size Sq Ft
    Family Room  17 x 11  187 
    Laundry  13 x 8  104 

    Lot & Land

    Acres: 0.24
    Geolocation: 44.923291, -93.642934
    Lot Dimensions: 129 x 80
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 1250
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,835
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,219
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Classic Rlty NW.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.