NOT LISTED FOR SALE

1080 Heritage Ln Wayzata, MN 55391

Estimated Value: $3,283,000 - $3,734,989

5 Beds
6 Baths
4,875 Sq Ft
$720/Sq Ft Est. Value

About This Home

This home is located at 1080 Heritage Ln, Wayzata, MN 55391 and is currently estimated at $3,507,747, approximately $719 per square foot. 1080 Heritage Ln is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
West Bay Homes Inc
Bought by
Kelly Michael D and Kelly Anne
Current Estimated Value
$3,507,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Outstanding Balance
$1,589,926
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,917,821

Purchase Details

Closed on
Jun 26, 2019
Sold by
Golden Empire Llc
Bought by
West Bay Homes Inc

Purchase Details

Closed on
Aug 29, 2016
Sold by
Lipkin Raymond A and Lipkin Deborah A
Bought by
Golden Empire Llc

Purchase Details

Closed on
Aug 7, 2001
Sold by
Winton David M
Bought by
Lipkin Raymond A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Kelly Michael D $2,276,400 Custom Home Builders Ttl Llc
West Bay Homes Inc $460,000 Burnet Title
Golden Empire Llc $375,000 Edina Realty Title Inc
Lipkin Raymond A $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Michael D $1,780,000
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 $28,631 $2,495,800 $525,000 $1,970,800
2023 $28,463 $2,573,600 $575,000 $1,998,600
2022 $22,815 $2,177,000 $500,000 $1,677,000
2021 $8,098 $1,840,000 $415,000 $1,425,000
2020 $4,508 $709,000 $415,000 $294,000
2019 $4,457 $333,000 $333,000 $0
2018 $4,097 $324,000 $324,000 $0
2017 $3,581 $252,000 $252,000 $0
2016 $3,757 $264,000 $264,000 $0
2015 $3,514 $247,000 $247,000 $0
2014 -- $247,000 $247,000 $0
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

1080 Heritage Ln, Wayzata, MN

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.