NOT LISTED FOR SALE

1050 Lake St E Wayzata, MN 55391

Estimated Value: $1,516,000 - $3,533,000

4 Beds
4 Baths
2,194 Sq Ft
$1,253/Sq Ft Est. Value

About This Home

This home is located at 1050 Lake St E, Wayzata, MN 55391 and is currently estimated at $2,749,571, approximately $1,253 per square foot. 1050 Lake St E is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2019
Sold by
James Jeanine R and Whitley Chester
Bought by
Whitley Chester
Current Estimated Value
$2,749,571

Purchase Details

Closed on
Oct 4, 2016
Sold by
Jarnes Jeanine R and Whitley Chester
Bought by
Jarnes Jeanine R and Whitley Chester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2015
Sold by
Utz Jeanine R
Bought by
Utz Jeanine R and Whitley Chester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
3.74%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 2015
Sold by
1050 Lake Street Llc
Bought by
Utz Jeanine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
3.74%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 27, 2012
Sold by
1050 Lake Street Llc
Bought by
Utz Jeanine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 30, 2011
Sold by
Kirt Gary V and Kirt Karen
Bought by
1050 Lake Street Llc

Purchase Details

Closed on
Dec 18, 2001
Sold by
Sauer Jeffery J and Yakel Mary Lynn E
Bought by
Kirt Gary V
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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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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
Whitley Chester $500 None Available
Jarnes Jeanine R -- Custom Home Builders Title L
Utz Jeanine R -- Custom Home Builders Title L
Utz Jeanine R $650,000 Custom Home Builders Title L
Utz Jeanine R $650,000 Title Recording Services Inc
1050 Lake Street Llc -- America Title Services Llc
Kirt Gary V $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitley Chester $1,060,000
Previous Owner Whitley Chester B $1,180,000
Previous Owner Utz Jeanine R $1,180,000
Previous Owner Utz Jeanine R $650,000
Source: Public Records

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
2023 $32,105 $2,702,600 $1,373,700 $1,328,900
2022 $19,641 $1,991,000 $779,000 $1,212,000
2021 $18,258 $1,461,000 $521,000 $940,000
2020 $18,318 $1,370,000 $456,000 $914,000
2019 $18,001 $1,327,000 $390,000 $937,000
2018 $18,005 $1,301,000 $390,000 $911,000
2017 $4,554 $366,000 $365,000 $1,000
2016 $7,378 $556,000 $329,000 $227,000
2015 $6,756 $504,000 $300,000 $204,000
2014 -- $472,000 $290,000 $182,000
Source: Public Records

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