2 months on rocket

Sale Pending

5020 Edgewater Dr, Mound, MN, 55364

$1,275,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,412 SqFt
$529/SqFt
House

Location

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5020 Edgewater Dr, Mound$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Garage Door Opener
Garage2 spaces
Year Built1992
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceTwo Sided, Living Room, Wood Burning
ViewPanoramic
MLS #6615352
StatusSale Pending
(Pending)

About 5020 Edgewater Dr

Welcome to your lakeshore retreat, where beautiful updates and a resort-like setting combine to create the perfect place to call home. Gorgeous Lake Minnetonka lakeshore with newer rip rap, sandy bottom and OWNED Lakeshore! (not commons) Relax in the terraced yard, thoughtfully designed with plantings, trees, accent lighting and boulders. On cooler nights, gather around the custom sunken firepit area or soak in the hot tub under the stars. Open and bright floor plan! Enjoy breathtaking views from almost every room! Your kitchen has been updated with today’s amenities making it a joy to cook and entertain. The living and dining areas offer hard wood floors, custom built ins, fireplace and easy access to your lakeside deck (those views!). Your spacious primary bedroom enjoys private access to an upper-level deck, where you can wake to stunning scenery each day. A second bedroom on this floor has private access to the deck as well. A versatile upper-level, private living space invites you to unwind or enjoy a lazy weekend morning. The recently finished lower level is perfect for game nights, movie marathons, or watching the big game with friends. A third bedroom and all-new bathroom complete this space, offering flexibility for guests, an office, or a workout room. Whether you’re looking for year-round living or a seasonal escape, this home offers it all. Welcome Home!

Property Details

Property Features

Property Information:

  • Year Built: 1992
  • Living Area: 2,412 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Two Sided, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Co Rd 15 (Shoreline Dr) to Fairview Lane north to Edgewater Dr east to Home on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
  • Price Per SqFt: $529/SqFt

Tax Information:

  • Annual Amount: $9,519
  • Tax Year: 2020
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Housing Market Comparison

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

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Mound, MN

City

Med. Sold Price

$442.4K

Med. Price/SqFt

$225

Avg. Days On Market

38

# of Sold Homes

18

5020 Edgewater Dr vs Mound

78 DAYS ON ROCKET

+40 Days

$1,275,000

+$832.5K More

$529/SqFt

+$303 More

KEY TAKEAWAY

This property is $832.5K more than the Median Sold Price and $303/SqFt more than other homes in Mound, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6615352

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 12/26/2024, 4:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2017Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,519$752,000
2019$7,815$596,000
2018$7,917$596,000
2017$8,617$611,000

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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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-1663015
7
/10

  • Shirley Hills Primary School

  • 2450 Wilshire Blvd

  • 0.43 miles

  • Public District Grades PK-4

school-card-donut-1663016
9
/10

  • Hilltop Primary School

  • 5700 Game Farm Rd E

  • 1.33 miles

  • Public District Grades PK-4

school-card-donut-1663017
9
/10

  • Minnewashta Elementary

  • 26350 Smithtown Rd

  • 3.24 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,711. The majority of Mound, MN residents have income between $100k-200k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5020 Edgewater Dr

What is the listing price of this property?

The listing price of 5020 Edgewater Dr property is $1,275,000.

What type of property is this?

The property 5020 Edgewater Dr is a house located in Mound, Minnesota, 55364.

Is this property for sale now?

Sale Pending: 5020 Edgewater Dr 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 $9,519 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 18, 2017 for $600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5020 Edgewater Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5020 Edgewater Dr is 2,412 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5020 Edgewater Dr is 1992.

Rocket Homes›Minnesota›Hennepin County›Mound›55364›5020 Edgewater Dr

This home is located at 5020 Edgewater Dr in Mound, MN and zip code 55364 in the Harrison Bay neighborhood. This 2,412 square foot home was built in 1992. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $1,275,000.

While more than 3 listings in Mound, MN in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 10 were sold below. The inventory of homes for sale in Mound, MN between October 2024 and November 2024 decreased by 15.5%. While the average time on the market in November 2024 was 38 days, the median list price was $442,450.

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

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