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4337 Wilshire Boulevard

4337 Wilshire Boulevard, Mound, MN 55364
Property in Mound
Sold Oct 14, 2020
$1,445,000
$500,000 by Choice Financial Group
Mortgage Due Sep 14, 2030
Sold Aug 12, 1996
$310,000
4337 Wilshire Boulevard in Mound, MN was first built in 1985 and is 39 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4337 Wilshire Boulevard has 2,588 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 50 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 728 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as good. The exterior walls of the home are made of metal. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4337 Wilshire Boulevard sold most recently in Sep 14, 2020 for a total of $1,445,000. If you work out the math, that's approximately a cost of $558.35 per sqft. Before that, the property was also sold for $310,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $17,575 in taxes each year. 4337 Wilshire Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,393,000. If we break it down further, the land itself was valued at $858,000. Improvements to the property, however, were assessed at a total of $535,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Metal
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 627
  • Garage Type: Attached
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 50
  • Total Building Area: 2,588
  • Gross Building Area: 3,215
  • Building Area: 2,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 2,588
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE FIRST RGT PHELPS ISLAND PK 1ST DV
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE FIRST RGT PHELPS ISLAND PK 1ST DV THAT PART OF LOTS 1 2 75 AND B AND PRIVATE STREET ADJ SAID LOTS DESC AS COM AT A PT ON

Ownership

  • Current Owner : HALLBLADE M & K WILSHIRE LLC
  • Previous Owner : LETENDRE HEDLUND MICHELLE
  • Previous Owner 2: HEDLUND PAUL
  • Owner Before Previous Owner: PAULSON DAVID C
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: MB:37890
  • District: 85
  • Parcel: 19-117-23-13-0148
  • Lot: 1-2,75
  • Meridian: SEC 19 QTR 13 TWN 117 RNG 23
  • Municipality: MOUND
  • Latitude: 44.9295
  • Longitude: -93.6324

    Address

  • Full Address: 4337 Wilshire Blvd
  • Address - House Number: 4337
  • Address - Street Name: Wilshire
  • Address - Suffix Type: Blvd
  • State: MN
  • City Name: Mound
  • Carrier Code: R004
  • 4-Digit Zip Code: 1939
  • Zip Code: 55364

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,575

    Appraisal Valuation

  • Standard Deviation: 0.1429
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,584,323
  • High Value: 1,810,873
  • Low Value: 1,357,773

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: CHOICE FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 14, 2030
  • Second Open Lien Mortgage Lender: CHOICE FINANCIAL GROUP
  • Second Open Lien Mortgage Recording Date: Dec 22, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 21, 2026

    Market Valuation

  • Market Total Value: $1,393,000
  • Market Land Value: $858,000
  • Market Improvement Value: $535,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,393,000
  • Assessed Land Value: $858,000
  • Assessed Improvements Value: $535,000

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11795386539
  • Current Sale Price: $1,445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05757581
  • Previous Sale Recording Date: Aug 12, 1996
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHOICE FINANCIAL GROUP
  • First Mortgage Transaction Date: Oct 14, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 14, 2030

    Financing

  • First Mortgage Financing Type: Variable

About Mound



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Frequently Asked Questions

What neighborhood is 4337 Wilshire Boulevard located in?
The 4337 Wilshire Boulevard is a located in the neighborhood of Mound in Mound, Mound.
What is the average sales price for listings in 4337 Wilshire Boulevard?
The average sales price for units in 4337 Wilshire Boulevard is $0 currently.

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