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Pending NEW!
$274,900
/mo Edit
Single Family:  1.5 Stories
3 br • 1 ba • Built 1922
1,041 sqft • 0.18 acres
MLS# 7037763
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    Property Description

    Prime Phelps Island location in the heart of Mound, set within a mature, tree-lined neighborhood just moments from Lake Minnetonka, nearby parks, and local dining. This charming 3-bedroom, 1-bathroom home perfectly blends everyday convenience with relaxed lakeside living. Inside, enjoy a light-filled interior with sleek, modern updates throughout. The kitchen features crisp white cabinetry, stylish tile flooring, and a bright, connected dining space with a statement light fixture. Fresh paint, updated lighting, and new cabinet hardware (March 2026) enhance the home’s clean, contemporary feel. The inviting living room offers a cohesive flow with continuous tile flooring, abundant natural light, and peaceful, tree-lined views. A built-in window seat adds charm and functionality, ideal for a cozy reading nook. The main-level bedroom includes plush carpeting, ample closet space, and multiple windows, while the nearby full bathroom features tile flooring, a tiled tub/shower surround, and convenient storage. Upstairs, a spacious and versatile upper level creates the perfect retreat with soft carpeting, closet space, and a newly installed baseboard heater with built-in thermostat (2026). The lower level adds an additional bedroom, laundry area with utility sink, and walk-out access to the attached garage for easy year-round convenience. Enjoy exceptional outdoor living with mature trees, a welcoming front walkway, and multiple outdoor spaces, including a patio with fire pit and a spacious side deck, perfect for relaxing or entertaining. Additional updates include new carpet throughout (2024), new roof, decking, and siding (2025), and a new high-efficiency water heater and piping (2025).

    Listing

    Contingency: None
    Price per sq ft: $264
    City: Mound
    County: Hennepin
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55364
    Subdivision Name: Pembroke

    Interior

    Living Area: 1,041 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Dryer
    • Electric Water Heater
    • Exhaust Fan
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Finished
    • Partial
    • Walkout

    Exterior

    Stories: One and One Half
    Garage Spaces: 1
    Garage Dimensions: 27 X 13
    Garage Size: 351 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,109 ft2
    Fencing: None
    Handicap Accessible: None
    Out Buildings: Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    Unit Amenities:
    • Ceiling Fan(s)
    • Deck
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Patio
    • Tile Floors
    Road Frontage:
    • City Street
    • Paved Streets
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Main Floor Full Bath
    Dining/Kitchen:
    • Informal Dining Room
    • Kitchen/Dining Room
    Laundry:
    • Laundry Room
    • Lower Level
    • Sink
    Upper Level Size Sq Ft
    Bedroom 2  13 x 10  130 
    Main Level Size Sq Ft
    Dining Room  10 x 7  70 
    Bedroom  13 x 8  104 
    Kitchen  11 x 7  77 
    Living Room  14 x 13  182 
    Lower Level Size Sq Ft
    Laundry  10 x 8  80 
    Bedroom 3  13 x 11  143 

    Lot & Land

    Acres: 0.18
    Geolocation: 44.922861, -93.643287
    Lot Dimensions: Irregular
    Zoning: Residential-Single Family
    Lot Description: Irregular Lot

    Schools

    School District: 1250
    District Phone: 9524918001

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,098
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,098
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.