NOT LISTED FOR SALE

1005 Old Long Lake Rd Wayzata, MN 55391

Estimated Value: $2,181,000 - $2,668,965

5 Beds
6 Baths
6,066 Sq Ft
$395/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $2,500,000 $412 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $14,285/month

12 Days on Market

Highlights

  • Wine Cellar
  • Heated In Ground Pool
  • Family Room with Fireplace
  • Schumann Elementary School Rated A-
  • 61,855 Sq Ft lot
  • 2-minute walk to Summit Beach Park

About This Home

As of August 2023

Charming Nantucket-inspired retreat! Timeless! This Orono home boasts flawless craftsmanship and meticulous detail. Lush gardens, beautiful landscaping, and a refreshing west-facing pool complete the relaxing 1.42 acres. The floorplan features defined and open spaces. The main level hosts the primary suite, guest bedroom en-suite, chef's kitchen, pantry, dining, mud room/laundry room, family room, and expansive living room. The 4-season porch and carefree deck, spanning the length of the home, allow the indoors and outdoors to harmonize effortlessly. Easy entertaining. Two additional bedrooms await on the upper level, a full bath, and flex space for an office or media loft. The lower level, with a bedroom and bath, includes a spacious recreation room, a wine room, and rough-in for a future wet bar. Abundant storage. Newer mechanicals. Summit Beach Park, Luce Line Trail, and Wayzata Country Club - all a short walk. Minutes to Orono Schools and downtown Wayzata's shopping and dining.

Last Agent to Sell the Property

Mark Hoiseth

Lakes Sotheby's International Listed on: 07/25/2023

Lakes Sotheby's International

Co-Listed By

Paul Johnson

Lakes Sotheby's International

Last Buyer's Agent

Gary Oslund

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,133

Year Built

  • Built in 2004

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 121x249x417x384
  • Property has an invisible fence for dogs
  • Wood Fence
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Fireplace
  • Mud Room
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Home Office
  • Utility Room Floor Drain
  • Radiant Floor

Kitchen

  • Walk-In Pantry
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Storage

Outdoor Features

  • Heated In Ground Pool
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • 200+ Amp Service
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3511823420001

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,133

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 4227
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Storage Space, Walkout
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Free Standing, Gas, Wood Burning
  • Living Area: 6066
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1839
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Porch, Pantry (Walk-In), Mud Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Bedroom 5, Wine Cellar
  • SqFtTotal: 7224.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Architecural Shingle, Asphalt
  • PoolFeatures: Below Ground, Heated
  • Fencing: Invisible, Wood
  • Other Structures: Other, Storage Shed
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Composite Decking,Deck,Patio,Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Floor Drain, Heated Garage

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Porch,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 121x249x417x384
  • Lot Size Sq Ft: 61855.2
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3511823420001
  • Tax Annual Amount: 15133
  • TaxWithAssessments: 15133.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 25, 2023
Sold by
Ristad Donald A and Ristad Kent E
Bought by
Avery Grace Holdings Trust
Seller's Agent
Mark Hoiseth
Lakes Sotheby's International
Buyer's Agent
Gary Oslund
RE/MAX Results
List Price
$2,450,000
Sold Price
$2,500,000
Premium/Discount to List
$50,000
2.04%
Views
156
Current Estimated Value
$2,398,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,259
Avg. Annual Appreciation
-1.88%

Purchase Details

Closed on
Nov 8, 2017
Sold by
Ristad Donald A and Cassidy Kent E
Bought by
Couty Of Hennepin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Avery Grace Holdings Trust $2,500,000 Executive Title Services
Couty Of Hennepin -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $2,500,000 +2.0% $412 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $2,450,000 0.0% $404 / Sq Ft
07/27/2023 07/27/23 Off Market $2,450,000 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,749 $1,832,100 $290,300 $1,541,800
2023 $17,011 $1,572,300 $256,500 $1,315,800
2022 $13,598 $1,384,000 $162,000 $1,222,000
2021 $13,343 $1,131,000 $162,000 $969,000
2020 $13,964 $1,114,000 $155,000 $959,000
2019 $13,613 $1,115,000 $142,000 $973,000
2018 $13,392 $1,073,000 $149,000 $924,000
2017 $14,284 $1,089,000 $149,000 $940,000
2016 $12,306 $950,000 $142,000 $808,000
2015 $13,447 $943,000 $135,000 $808,000
2014 -- $912,000 $128,000 $784,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6400807

NorthstarMLS

APN: 35-118-23-42-0001