NOT LISTED FOR SALE

1070 Ferndale Rd W Wayzata, MN 55391

Estimated Value: $2,614,000 - $3,128,036

4 Beds
6 Baths
7,959 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 10, 2015

Last sale price $1,854,000 $233 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $17,775/month

355 Days on Market

Highlights

  • Heated Pool
  • Heated Floors
  • Deck
  • Schumann Elementary School Rated A-
  • 3 Acre Lot
  • Breakfast Area or Nook

About This Home

As of February 2015

Positioned beautifully with views across Ferndale Nature Conservancy throughout. The rich stone and brick exterior along with the elegant circle driveway sets the stage for this custom built home by Jyland with Brazilian walnut floors and cherry accents.

Last Agent to Sell the Property

John Adams

Coldwell Banker Burnet Listed on: 01/10/2014

Co-Listed By

John Adams

Coldwell Banker Burnet

Last Buyer's Agent

Paul Redlinger

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,342

Year Built

  • 2005

Lot Details

  • 3 Acre Lot
  • Property has an invisible fence for dogs
  • Irregular Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 0211723430031

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,342

Year Built

2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System, Invisible Fencing, Patio
  • Estimated Number of Acres: 3
  • Construction: Previously Owned
  • Foundation Size: 3396
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 0211723430031
  • Potential Short Sale: Yes
  • Projected Closed Date: 02/10/2015
  • Stories: 2 Story
  • Taxes With Assessments: 26279.18
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Room 2: Dining Room, 17x14, On Level: Main
  • Room 3: Family Room, 20x20, On Level: Main
  • Room 4: Kitchen, 23x18, On Level: Main
  • Room 5: Bedroom, 20x16, On Level: Upper
  • Room 6: Bedroom, 14x14, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 18x15, On Level: Lower
  • Room 9: Other, 20x20, On Level: Main
  • Room 10: Other, 15x9, On Level: Main
  • Room 11: Den/Office, 16x15, On Level: Main
  • Room 12: Rec Room, 27x19, On Level: Lower
  • Room 13: Media Room, 20x18, On Level: Lower
  • Room 14: Rec Room, 14x11, On Level: Lower
  • Basement Features: Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 5336
  • Below Grade Finished Sq Ft: 2623
  • Total Fin Square Footage: 7959

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 66
  • Exterior: Brick
  • Pool: Heated, Outdoor

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: Private

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Gesme Dean H and Gesme Laura Elois
Bought by
Gesme Laura E and The Laura E Gesme Trust
Current Estimated Value
$2,790,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 10, 2014
Closed on
Feb 10, 2015
Sold by
Owens Timothy P and Owens Rosita M
Bought by
Gesme Dean H and Gesme Laura Elois
Seller's Agent
John Adams
Coldwell Banker Burnet
Buyer's Agent
Paul Redlinger
Coldwell Banker Burnet
List Price
$3,195,000
Sold Price
$1,854,000
Premium/Discount to List
-$1,341,000
-41.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,483,200
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Gesme Laura E -- All American Title Co
Gesme Laura E -- All American Title Co
Gesme Dean H $1,854,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gesme Laura E $1,510,000
Closed Gesme Laura E $1,510,000
Closed Gesme Laura E $290,000
Closed Gesme Laura E $1,413,194
Previous Owner Gesme Laura E $1,413,194
Previous Owner Gesme Dean H $100,000
Previous Owner Gesme Dean H $1,483,200
Previous Owner Owens Timothy P $2,550,000
Previous Owner Owens Timothy P $3,000,000
Previous Owner Owens Timothy P $3,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2015 02/10/15 Sold $1,854,000 -42.0% $233 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $3,195,000 -- $401 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $28,342 $2,563,000 $850,000 $1,713,000
2022 $22,958 $2,276,000 $640,000 $1,636,000
2021 $22,553 $1,851,000 $550,000 $1,301,000
2020 $23,495 $1,825,000 $550,000 $1,275,000
2019 $22,678 $1,819,000 $500,000 $1,319,000
2018 $23,290 $1,732,000 $500,000 $1,232,000
2017 $24,017 $1,774,000 $460,000 $1,314,000
2016 $26,779 $1,967,000 $820,000 $1,147,000
2015 $23,843 $1,762,000 $615,000 $1,147,000
2014 -- $1,871,000 $759,000 $1,112,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Adams

    Coldwell Banker Burnet

  • P

    Buyer's Agent in 2015

    Paul Redlinger

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4569271

REALTOR® Association of Southern Minnesota

APN: 02-117-23-43-0031

Minnesota Hennepin County Wayzata 55391

1070 Ferndale Rd W, Wayzata, MN

This home is located at 1070 Ferndale Rd W, Wayzata, MN 55391 since 10 January 2014 and is currently estimated at $2,790,679, approximately $350 per square foot. This property was built in 2005. 1070 Ferndale Rd W is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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