Listed at
$199,900
$204/sqft

Condo 0008 Seahorse Condo

5440 Three Points Boulevard #525, Mound, MN, 55364
2  Bedrooms1  Bathroom978  Square Feet8.02  Acres
Days on market620
Year built1965
Garage spaces1
HOA / month$787
TypeResidential
Est. $2,997buyer credit when you buy with SODL
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About this home

Association fee includes your heat, central air, water, sewer, garbage, lawn, snow, hazard insurance and outside maintenance. Very clean 2 bedroom, one bath unit with sunny exposure. The living area has newer vinyl plank flooring and steps out to the screened deck. The full bath has newer tile flooring. Garage 71 is nearby on the lake side of the building and has a newer garage door and opener. There is a private boat launch and day docks for guests to visit you or pick you up for a cruise out on Lake Minnetonka. Enjoy the indoor pool building with locker room and sauna. The party room next to the pool has been remodeled and is an excellent extension of your entertaining space! You will love 8 acres of beautiful lakeside grounds with picnic area and grills. Walking distance to Mound with several dining options, groceries and the Dakota Trail. Ask about a high probability of a 24 foot covered dock slip for rent or for sale from a neighbor for a very reasonable fee.

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Home facts

Property typeResidential
Property subtypeLow Rise
Year built1965
LevelsOne
Living area978 sqft
Above-grade finished978 sqft
Below-grade finished0 sqft
Lot size8.02 acres (Common)
Days on market620
ListedJan 17, 2025
MLS #NST6649852
CountyHennepin
SubdivisionCondo 0008 Seahorse Condo
Parcel #1311724220140

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Baseboard, Hot Water
Cooling
Central Air
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator

Property

Levels / stories
One
Garage
1 space
Parking features
Detached, Asphalt, More Parking Onsite for Fee
Pool
Below Ground, Heated, Indoor
Waterfront
Minnetonka · Association Access, Channel Shore, Lake Front, Other
Lot size
8.02 acres

Construction

Property type
Residential
Property subtype
Low Rise
Construction materials
Block, Cedar, Fiber Cement, Metal Siding
Foundation
978 sqft
Roof
Flat, Rubber
Year built
1965

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected

Community & HOA

Subdivision
Condo 0008 Seahorse Condo
HOA
$787/month
HOA name
Gassen Company
HOA phone
952-922-5575
HOA includes
Air Conditioning, Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
HOA amenities
Common Laundry, Dock, Fire Sprinkler System, Sauna

Financial & listing details

Annual tax
$1,896 (2024)
Tax with assessments
1896.0000
Listed
Jan 17, 2025
Days on market
620 · 1 cumulative

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementNone
HeatingBaseboard, Hot Water
CoolingCentral Air
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator
AccessibilityNone

Exterior & lot

RoofFlat, Rubber
Foundation area978 sqft
Lot featuresAccessible Shoreline, Island/Peninsula
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingDetached, Asphalt, More Parking Onsite for Fee
Garage spaces1

Financial details

Annual taxes$1,896
Tax year2024
Taxes w/ assessments1896.0000
Assessment pendingUnknown
HOA fee$787
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number277
District phone952-491-8001
High schoolWestonka
SODL flat fee brokerage
$2,997Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,997

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,062/mo
Principal & interest$1,051
Property taxes$158
Home insurance (est.)$67
HOA fees$787
%
$39,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

5440 Three Points Boulevard #525, Mound, MN, 55364

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Listing information

MLS #NST6649852
StatusActive
Last updatedJan 20, 2025, 2:12 AM
Originally listedJan 17, 2025, 5:31 PM
Listing officeRE/MAX Advantage Plus

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.