2434 Commerce Blvd, Mound, MN 55364 Property Records

Hennepin County property record for 2434 Commerce Blvd, Mound, MN 55364

Property Summary

Property TypeCommercial
Details1,316 sqft · built 1985
Lot Size1.38 acres (60,548 sqft)
OwnerCompany Name on Record
Last Sale$575,000 (Oct 2021)
Tax Bill$16,976 (2025)
Deeds & MortgagesOct 2021 Sale & Mortgage
Jul 2020 Loan Modification
+ 3 more
Flood ZoneZone AE (high risk)
APN23-117-24-11-0001

Property Details

APN / Parcel Number

Primary APN23-117-24-11-0001

Interior

Units8 Units
Stories1 Story
Building Area1,316 sqft Total Area
1st Floor Area752 sqft
Basement Area602 sqft

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1995
Exterior MaterialOther
Construction TypeWood
Fire ResistanceMasonry Walls, Wood Interior
Roof TypeGable
Roof MaterialAsphalt
Lot Area60,548 sqft
Lot Width10.1 ft Width
View / LotLake

Exterior Amenities

PorchPorch
Porch Area160 sqft
Deck Area256 sqft
Patio Area256 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Street Address2434 COMMERCE BLVD
CityMOUND
StateMN
Zip55364-1456
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 018 A AUDITORS SUBD. NO. 167 LOTS 15 AND 18 ALSO THAT PART OF LOT 33 DESC AS COM AT MOST SLY COR OF LOT 18 TH SELY ON THE EXTENSION OF THE SWLY LINE OF LOT 18 TO THE E T IRREGULAR
Legal Range24
Legal Township117
Legal Section23
Legal Quarter11
Legal SubdivisionAUDITORS SUBD. NO. 167
Legal Block4
Legal Lot Number18
JurisdictionHENNEPIN MN
Township / Civil DivisionMOUND
Census Block Group4
Census Block4005
Census Tract27602

Owner

Source: Hennepin County records, as of June 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing AddressPO BOX 607, EXCELSIOR, MN 55331-0607
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Oct 20, 2021Warranty Deed, Transfer · Commercial Mortgage
RIVERLAND BANK
Jul 2, 2020Loan Modification, Mortgage
MIDWESTONE BK
Jul 2, 2020Loan Modification, Mortgage
MIDWESTONE BK
Feb 18, 2020Loan Modification, Mortgage
MIDWESTONE BK
Feb 14, 2017Deed of Trust, Mortgage · Line of Credit
MIDWESTONE BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleOct 20, 2021 · Amount on Record
Deed SaleOct 20, 2021 · Amount on Record
Prior SaleAug 9, 2006 · Amount on Record
Deed Document Number20215888776
Record UpdatedOct 29, 2026

October 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionHENNEPIN MN
Recording DateOct 20, 2021
Property Address2434 COMMERCE BLVD, MOUND, MN 55364-1456
Document Number0T05888776
Instrument DateOct 19, 2021
InstrumentT05888776
Transaction TypeTransfer
Record UpdatedAug 15, 2022
Title CompanyCOMMERCIAL PARTNERS TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,897.50
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3217L GALLERIA, EDINA, MN 55435-2509

Mortgage

Document Number0T05888777
DateOct 20, 2021
InstrumentT05888777
Lender
NameRIVERLAND BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueOct 19, 2026

July 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionHENNEPIN MN
Property Address2434 COMMERCE BLVD, MOUND, MN 55364-1456
Document Number0005726818
Instrument DateJul 2, 2020
Transaction TypeMortgage
Record UpdatedJul 31, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address60 S 6TH ST #2800 MINNEAPOLIS MN 554024444, 2800, MINNEAPOLIS, MN 55402-4444

Mortgage

Document Number0005726818
DateJul 15, 2020
Instrument5726818
Lender
NameMIDWESTONE BK
TypeBank
AddressSOUTH SAINT PAUL, MN 55075
Agreement
AmountAmount Recorded
Term60 Months
DueJul 14, 2025

July 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionHENNEPIN MN
Property Address2434 COMMERCE BLVD, MOUND, MN 55364-1456
Document Number0005726836
Instrument DateJul 2, 2020
Transaction TypeMortgage
Record UpdatedJul 31, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address60 S 6TH ST #2800 MINNEAPOLIS MN 554024444, 2800, MINNEAPOLIS, MN 55402-4444

Mortgage

Document Number0005726836
DateJul 15, 2020
Instrument5726836
Lender
NameMIDWESTONE BK
TypeBank
AddressSOUTH SAINT PAUL, MN 55075
Agreement
AmountAmount Recorded
Term60 Months
DueJul 14, 2025

February 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionHENNEPIN MN
Property Address2434 COMMERCE BLVD, MOUND, MN 55364-1456
Document Number0005691609
Instrument DateFeb 18, 2020
Transaction TypeMortgage
Record UpdatedApr 8, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address7645 LYNDALE AVE S #250 CHASELEY ND 58423, 250, CHASELEY, ND 58423

Mortgage

Document Number0005691609
DateMar 3, 2020
Instrument5691609
Lender
NameMIDWESTONE BK
TypeBank
AddressSOUTH SAINT PAUL, MN 55075
Agreement
AmountAmount Recorded
Term12 Months
DueMar 2, 2021

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address2434 COMMERCE BLVD, MOUND, MN 55364-1456
Document Number0005426740
Instrument DateFeb 14, 2017
Transaction TypeMortgage
Record UpdatedJul 31, 2020
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address7831 E BUSH LAKE RD #102 MINNEAPOLIS MN 554393119, 102, MINNEAPOLIS, MN 55439-3119

Mortgage

Document Number0005426740
DateFeb 27, 2017
Instrument5426740
Lender
NameMIDWESTONE BK
TypeBank
AddressNEWPORT, MN 55055
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueFeb 26, 2022
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityMound City
Unified School DistrictWestonka Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$16,976.00 (+3.48%)$640,000 (-) Land $184,000 Building $456,000$640,000 (-) Land $184,000 Building $456,000
2024$16,405.00 (+20.74%)$640,000 (+17.22%) Land $184,000 Building $456,000$640,000 (+17.22%) Land $184,000 Building $456,000
2023$13,587.00
2022$546,000 Land $71,000 Building $475,000$546,000 Land $71,000 Building $475,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation931.1 ft
Flood Insurance RequirementRequired
federally backed loans
Nearby Flood Policies1 in force
Nearby Flood Claims1 (1980)
Most Recent ClaimAug 1980 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 93% of the US · lower than 78% of Minnesota
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMound
serves 9,447 people · EPA ID MN1270038
Water SourceGroundwater
Last State InspectionMar 2025
LeadUnder 1 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 67 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Frontier
Fiber
7,000 / 7,000
Mediacom Xtream
Cable
1,000 / 50
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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