For Sale: Mound MLS# 7021929




































Active Contingent
NEW!
$285,000
Single Family: 1 Story
3 br • 2 ba • Built 1972
1,763 sqft • 0.19 acres
MLS# 7021929
Ask Trent:
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Charming 3-bedroom, 2-bath rambler just one block from Lake Minnetonka on highly desirable Phelps Island! Enjoy seasonal lake views and the lifestyle that comes with being steps from the water. All three bedrooms are conveniently located on one level, offering functional and comfortable living.
The finished basement provides additional living space plus a dedicated office that could easily be converted to a 4th bedroom by adding a closet. This home has forced air heating and central A/C along with recently replaced Andersen windows for year-round comfort. Step outside to a fully fenced backyard—perfect for pets, play, or entertaining. An incredible opportunity to own near Lake Minnetonka at an approachable price point. Ideal starter home in a prime location!
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$285,000
Price per sq ft:
$162
Property Type:
Single Family
City:
Mound
Garage Spaces:
0
County:
Hennepin
Year Built:
1972
State:
MN
Property Style:
1 Story
Zip Code:
55364
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,763 ft2
Total Fireplaces:
0
Living Area:
1,763 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Dryer
- Exhaust Fan
- Range
- Refrigerator
- Washer
- Water Softener Owned
Basement Details:
- Finished
- Full
- Walkout
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
1,008 ft2
Fencing:
Privacy, Wood
Handicap Accessible:
None
Out Buildings:
Storage Shed
Heating System:
Forced Air
Parking Features:
- Asphalt
- Gravel
- Shared Driveway
Unit Amenities:
Deck
Road Frontage:
City Street
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Main Floor Full Bath
Dining/Kitchen:
Eat In Kitchen
Laundry:
In Basement
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | 7'11 x 10'7 | 70 |
| Bedroom | 11'4 x 10 | 110 |
| Kitchen | 7'11 x 12'10 | 84 |
| Living Room | 11'6 x 18'11 | 198 |
| Bedroom 2 | 11'5 x 13'6 | 143 |
| Bedroom 3 | 11'5 x 9'8 | 99 |
| Basement Level | Size | Sq Ft |
|---|---|---|
| Den | 12'9 x 13 | 156 |
| Family Room | 14'4 x 22'1 | 308 |
| Office | 10 x 13 | 130 |
Lot & Land
Acres:
0.19
Geolocation:
44.919338, -93.650129
Lot Dimensions:
160 x 40
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Light
Schools
School District:
1250
District Phone:
9524918001
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,188
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,188
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Hometown Realty, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.

