Great rehab/teardown opportunity on a .59 acre wooded lot. Bank owned - sold as is. Mold present. Need to work with the City of Mound to explore what can be done with this project. Also look at 3140 Argyle - buy both properties and possibly combine to create 3 single family lots.
Single-familyProperty Type
1930Year Built
0.35 acresLot Size
$131Est. Price/Sq.Ft.
Listed by Thomas Parker• Coldwell Banker Realty
Source:NORTHSTARMLS as Distributed by MLS Grid #6394943
Redfin Estimate
$154,986
$15K since sold in January 2024$7,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 50.4% lower than the average sale price ($313K) of 4 comparable homes.
Great rehab/teardown opportunity on a .59 acre wooded lot. Bank owned - sold as is. Mold present. Need to work with the City of Mound to explore what can be done with this project. Also look at 3140 Argyle - buy both properties and possibly combine to create 3 single family lots.
NORTHSTARMLS as Distributed by MLS Grid #5483163
Apr 16, 2020
Listing Removed
—
Mar 14, 2020
Price Changed
$175,000
$148/sq ft
Feb 5, 2020
Listed
$199,000
$169/sq ft
Public Records
Feb 11, 2005
Sold
$200,000
$169/sq ft
NORTHSTARMLS as Distributed by MLS Grid #2131045
Apr 14, 2003
Listing Removed
—
Mar 7, 2003
Listed
$139,900
$118/sq ft
Public Records
May 21, 1997
Sold
$77,500
$66/sq ft
NORTHSTARMLS as Distributed by MLS Grid #12380
Sep 8, 1992
Sold
$77,500
$66/sq ft
Aug 5, 1992
Listed
$84,900
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,836 (−5.2%)
$77,000 + $59,500
$136,500
2025
$1,938 (−43.6%)
$85,800 + $62,100
$147,900
2024
$3,438 (−85.6%)
$94,600 + $146,200
$240,800
2023
$23,829 (+402.8%)
$94,000 + $151,000
$245,000
2022
$4,740 (+99.9%)
$56,000 + $120,000
$176,000
2021
$2,371 (−47.3%)
$57,000 + $113,000
$170,000
2020
$4,497 (+7.1%)
$46,000 + $116,000
$162,000
2019
$4,199 (−6.0%)
$45,000 + $109,000
$154,000
2018
$4,468 (+22.0%)
$44,000 + $100,000
$144,000
2017
$3,663 (−21.5%)
$53,000 + $99,000
$152,000
2015
$4,668 (+75.6%)
$45,000 + $88,000
$133,000
2014
$2,658 (+29.5%)
$37,000 + $71,000
$108,000
2013
$2,053 (−49.8%)
$21,000 + $80,000
$101,000
2012
$4,093
$44,000 + $91,000
$135,000
Tax history for 4852 Lanark Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,836 (−5.2%)
$77,000 + $59,500
$136,500
2025
$1,938 (−43.6%)
$85,800 + $62,100
$147,900
2024
$3,438 (−85.6%)
$94,600 + $146,200
$240,800
2023
$23,829 (+402.8%)
$94,000 + $151,000
$245,000
2022
$4,740 (+99.9%)
$56,000 + $120,000
$176,000
2021
$2,371 (−47.3%)
$57,000 + $113,000
$170,000
2020
$4,497 (+7.1%)
$46,000 + $116,000
$162,000
2019
$4,199 (−6.0%)
$45,000 + $109,000
$154,000
2018
$4,468 (+22.0%)
$44,000 + $100,000
$144,000
2017
$3,663 (−21.5%)
$53,000 + $99,000
$152,000
2015
$4,668 (+75.6%)
$45,000 + $88,000
$133,000
2014
$2,658 (+29.5%)
$37,000 + $71,000
$108,000
2013
$2,053 (−49.8%)
$21,000 + $80,000
$101,000
2012
$4,093
$44,000 + $91,000
$135,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 827
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Hot Water
Fireplace Information
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Building Style Type: Rambler
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable
Property Information
Subdivision Name: ARDEN
Living Sq. Ft: 1,181
Gross Sq. Ft: 2,008
Ground Floor Sq. Ft: 1,181
Building Sq. Ft: 2,008
# of Stories: 1
Stories Type: 1
Legal Description: BLOCK 004 ARDEN LOTS 3 AND 4, BLOCK 4, ARDEN, INCLUDING ADJACENT HALF OF VACATED STREET AND THAT PART OF LOT 2 IN SAID BLOCK 4 INCLUDING ADJACENT HALF OF VACATED STREET LYING EASTERLY OF A LINE DESCRIBED AS FOLLOWS COMMENCING AT THE SOUTHEAST CORNER OF LOT 4 IN SAID BLOCK 4 THENCE NORTH 89 DEGREES 07 MINUTES 52 SECONDS WEST ALONG THE SOUTH LINE OF SAID BLOCK 4 A DISTANCE OF 88.20 FEET TO THE POINT OF BEGINNING OF THE LINE TO BE DESCRIBED THENCE NORTH 00 DEGREES 00 MINUTES 22 SECONDS WEST 154.75 FEET TO THE NORTHERLY LINE OF SAID INCLUDED ADJACENT HALF OF VACATED STREET AND THERE TERMINATING
Lot Information
# of Buildings: 1
Land Sq. Ft: 15,246
Legal Lot Number: 3
Legal Block Number: 4
Municipality Name: MOUND
Acres: 0.35
Depth Footage: 155
Front Footage: 88
County Use Description: RESIDENTIAL (NEC)
Location Information
Parcel Location Influence: Lake
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,181
Stories: 1.0
Lot Size: 0.35 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1960
County: Hennepin County
APN: 24 117 24 44 0247
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Shirley Hills Primary School
Public K-4 • Assigned • 0.9mi
9/10
Grandview Middle School
Public 5-7 • Assigned • 1.9mi
10/10
Mound-Westonka High School
Public 8-12 • Assigned • 2.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Mound, MN • 55364
Average low and high temperatures (°F)
22
6
29
13
47
28
56
38
69
50
77
61
83
66
79
63
77
59
64
47
44
32
28
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 3.6 hours in December, which is comparable to the
U.S. average for solar exposure.
10.5 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$148,000 – $179,000
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