1 month on rocket

Sale Pending

1752 Sumach Ln, Mound, MN, 55364

$798,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
ViewOther
MLS #6626820
StatusSale Pending
(Pending)

About 1752 Sumach Ln

LAKE MINNETONKA SITE - Fix up current duplex or teardown and build new. Would make a great summer place with tenant helping to offset payments. Sits on a quiet street and abuts Lake Minnetonka - Includes access to the lake with a Commons Dock through the city of Mound. This is considered an abutting lakeshore property and is guaranteed a dock space. See MLS supplements for some details and Contact the Dock inspector (Kevin) at the City of Mound for more details and with any questions The property needs considerable updates and repairs and is worth the effort for the location and dock space. DO NOT WALK the property without an approved showing through Showingtime on MLS – No access to the house on 1st showings. Property is Occupied – PLEASE do not disturb the owner or tenant.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Other

Other

Directions Information:

  • Directions: Three Points Blvd to Sumach Lane last house on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $798,000

Tax Information:

  • Annual Amount: $6,351
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mound, MN.

Med. Sold Price

$442.4K

Med. Price/SqFt

$225

Avg. Days On Market

38

# of Sold Homes

18

1752 Sumach Ln vs Mound

37 DAYS ON ROCKET

-1 Day

$798,000

+$355.5K More

KEY TAKEAWAY

This property is $355.5K more than the Median Sold Price in Mound, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6626820

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 12/26/2024, 3:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,351$532,000
2019$5,280$417,000
2018$3,964$308,290
2017$3,884$285,400

History based on county public records data.

Payment Calculator

$4,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,459

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1659047
7
/10
  • Shirley Hills Primary School

  • 2450 Wilshire Blvd

  • 0.87 miles

  • Public District Grades PK-4

school-card-donut-1659048
9
/10
  • Hilltop Primary School

  • 5700 Game Farm Rd E

  • 1.15 miles

  • Public District Grades PK-4

school-card-donut-1659049
9
/10
  • Minnewashta Elementary

  • 26350 Smithtown Rd

  • 3.56 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,939. The most common annual income of people living in Mound, MN is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1752 Sumach Ln

What is the listing price of this property?

The listing price of 1752 Sumach Ln property is $798,000.

What type of property is this?

The property 1752 Sumach Ln is land located in Mound, Minnesota, 55364.

Is this property for sale now?

Sale Pending: 1752 Sumach Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,351 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaHennepin CountyMound553641752 Sumach Ln

This home is located at 1752 Sumach Ln in Mound, MN and zip code 55364 in the Shadywood Point neighborhood. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $798,000.

In November 2024, from all listings sold in Mound, MN there were more than 3 sold above asking price, over 10 sold below and more than 5 were sold right at the asked price. The number of listings in Mound, MN decreased by 15.5% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $442,450.

From Rocket Homes Real Estate and based on county public records data.

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