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2447 Lost Lake Road

2447 Lost Lake Road, Mound, MN 55364
Property in Mound
Sold Sep 28, 2021
$387,500
$368,125 by Royal Cu
Mortgage Due Oct 01, 2051
Sold Sep 10, 2008
$310,000
2447 Lost Lake Road has been categorized by the local assessors in Mound, MN as a residential type of property. The building on the property was first built in 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 2447 Lost Lake Road has 1,387 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 10,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Sep 16, 2021 for $387,500. That's $279.38 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2008 for $310,000. 2447 Lost Lake Road was last assessed in 2022. The total value of the property was assessed at $400,000. Specifically, the land the property is located on was valued at $108,000. While improvements on the property were assessed at a total of $292,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,451. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1995
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 792
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,387
  • Gross Building Area: 2,179
  • Building Area: 1,387
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,387
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOST LAKE
  • Land Acres: 0.24
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: 013 001 LOST LAKE SE 55X126X99X152

Ownership

  • Current Owner : TRAVIS NATHAN R
  • Previous Owner : KLAS JOHN H
  • Previous Owner 2: KLAS SURATCHANEE C
  • Owner Before Previous Owner: WORMS FRANK W
  • Owner Before Previous Owner 2: WORMS JULIE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westonka Public School District
  • School Tax School District: WESTONKA
  • Census Tract: 027602

Geography

  • Assessors Map Reference: MB:03062
  • District: 85
  • Parcel: 24-117-24-22-0027
  • Block: 1
  • Lot: 13
  • Meridian: SEC 24 QTR 22 TWN 117 RNG 24
  • Municipality: MOUND
  • Latitude: 44.9337
  • Longitude: -93.6616

    Address

  • Full Address: 2447 Lost Lake Rd
  • Address - House Number: 2447
  • Address - Street Name: Lost Lake
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Mound
  • Carrier Code: R007
  • 4-Digit Zip Code: 1661
  • Zip Code: 55364

Valuation

    Tax

  • Total Area: 2,774
  • Tax Year: 2023
  • Tax Amount: $4,451

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 435,175
  • High Value: 503,272
  • Low Value: 367,078

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $820,757
  • First Open Lien Mortgage Lender: ROYAL CU
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $368,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Second Open Lien Mortgage Loan Amount: $368,125
  • Second Open Lien Mortgage Position: 2
  • Third Open Lien Mortgage Lender: ALLEGACY FEDERAL CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Jan 31, 2023
  • Third Open Lien Mortgage Loan Amount: $84,507
  • Third Open Lien Mortgage Term: 240
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2043

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $108,000
  • Market Improvement Value: $292,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $400,000
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $292,000

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11859050334
  • Current Sale Price: $387,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05881212
  • Previous Sale Recording Date: Sep 10, 2008
  • Previous Sale Contract Date: Aug 15, 2008
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL CU
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $368,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Mound



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Frequently Asked Questions

What neighborhood is 2447 Lost Lake Road located in?
The 2447 Lost Lake Road is a located in the neighborhood of Mound in Mound, Mound.
What is the average sales price for listings in 2447 Lost Lake Road?
The average sales price for units in 2447 Lost Lake Road is $0 currently.

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