20 days on rocket

4877 Island View Dr, Mound, MN, 55364

$947,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
905 SqFt
$1,046/SqFt
House
Schools Nearby

Location

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4877 Island View Dr, Mound$947,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Garage Door Opener
Garage2 spaces
Year Built1930
HeatingSteam
CoolingWall Unit(s)
BasementYes
WaterfrontLake Front
FireplaceFamily Room, Gas
MLS #6516562
StatusActive

About 4877 Island View Dr

Nestled on the "Island" with picturesque south-facing sunsets, this home boasts a prime location on Phelps Bay. This property offers the chance and creative freedom to either embrace a cozy cabin lifestyle or build the lake home you've always dreamed of. Additionally, it includes the rare opportunity to have your own storage shed at the water's edge.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 905 SqFt

Listing Office:

  • Office Name: Realty Executives Associates

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Mound Westonka High School, Public District Grades 8-12
  • Grandview Middle School, Public District Grades 5-7
  • Shirley Hills Primary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Tuxedo Blvd, turn onto Clyde and then take a right onto Island View. Follow this several blocks down and the property will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $947,000
  • Price Per SqFt: $1,046/SqFt

Tax Information:

  • Annual Amount: $8,453
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$427.5K

Med. Price/SqFt

$235

Avg. Days On Market

40

# of Sold Homes

12

4877 Island View Dr vs Mound

20 DAYS ON ROCKET

-20 Days

$947,000

+$519.5K More

$1,046/SqFt

+$810 More

KEY TAKEAWAY

This property is $519.5K more than the Median Sold Price and $810/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: #6516562

Listing Office:

  • Office Name: Realty Executives Associates

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Last updated on: 4/29/2024, 8:22:15 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$8,453$678,000
2019$7,073$548,000
2018$6,051$472,000
2017$5,801$428,000

History based on county public records data.

Payment Calculator

$4,794

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,906

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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.

Elementary School

school-card-donut-3320090
7
/10
  • Shirley Hills Primary School

  • 2450 Wilshire Blvd

  • 1.04 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3320091
9
/10
  • Grandview Middle School

  • 1881 Commerce Blvd

  • 1.98 miles

  • Public District Grades 5-7

High School

school-card-donut-3320092
8
/10
  • Mound Westonka High School

  • 5905 Sunnyfield Rd E

  • 2.73 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,571. Most Mound, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4877 Island View Dr

What is the listing price of this property?

The listing price of 4877 Island View Dr property is $947,000.

What type of property is this?

The property 4877 Island View Dr is a house located in Mound, Minnesota, 55364.

Is this property for sale now?

Active Listing: 4877 Island View Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4877 Island View Dr are:
Shirley Hills Primary School: GreatSchools Rating 7/10
Grandview Middle School: GreatSchools Rating 9/10
Mound Westonka High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,453 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4877 Island View Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4877 Island View Dr is 905 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4877 Island View Dr is 1930.

Rocket HomesMinnesotaHennepin CountyMound553644877 Island View Dr

This home is located at 4877 Island View Dr in Mound, MN and zip code 55364 in the Devon neighborhood. This 905 square foot home was built in 1930. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $947,000.

In March 2024, from all listings sold in Mound, MN there were more than 2 sold above asking price, over 6 sold below and more than 4 were sold right at the asked price. The number of listings in Mound, MN increased by 12.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 40 days, the median list price was $427,500.

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

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