NOT LISTED FOR SALE

1250 Lyman Ave Wayzata, MN 55391

Estimated Value: $2,613,000 - $3,463,000

4 Beds
7 Baths
7,649 Sq Ft
$403/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $3,250,000 $425 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $18,377/month

6 Days on Market

Highlights

  • Multiple Garages
  • 164,657 Sq Ft lot
  • Recreation Room
  • Schumann Elementary School Rated A-
  • Hearth Room
  • 2 Fireplaces

About This Home

As of May 2024

Welcome to 1250 Lyman Ave a sophisticated Orono estate ideally located just minutes outside Wayzata. As a new construction alternative, this turn-key property has recently undergone extensive remodeling and upgrades that offer its new owners the best of both worlds including the highest quality luxurious finishes and amenities as well as tremendous privacy paired with a premier Orono location close to an abundance of recreational opportunities including private access to the Luce Line trail, nearby Orono Public Golf Course, Woodhill Country Club, and Wayzata restaurants, retail, and marinas. Featuring a highly functional floor plan with all the right spaces for formal/informal entertainment, daily living, and home office as well as extensive garage and storage options. Offered far below replacement cost this pristine Orono estate is the ideal place to call home.

Last Agent to Sell the Property

Daniel Hollerman

Compass Listed on: 03/11/2024

Compass

Last Buyer's Agent

Andrew Spilseth

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,287

Year Built

  • Built in 2000

Lot Details

  • 3.78

Parking

  • 6 Car Attached Garage
  • Multiple Garages
  • Heated Garage

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Living Room
  • Home Office
  • Recreation Room
  • Screened Porch
  • Storage Room
  • Home Gym

Kitchen

  • Hearth Room
  • Double Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Cable TV Available

Additional Features

  • Air Exchanger
  • 3.78 Acre Lot

Community Details

  • No Home Owners Association
  • Lyman Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3511823340015

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,287

Year Built

Built in 2000

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 5216
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Double Oven, Dryer, Exhaust Fan, Water Filtration System, Iron Filter, Range, Refrigerator, Washer
  • Fireplace Features: Gas
  • Living Area: 7649
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2433
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Sun Room, Office, Hearth Room, Mud Room, Bar/Wet Bar Room, Bedroom 1, Primary Bathroom, Walk In Closet, Laundry, Bedroom 2, Bedroom 3, Recreation Room, Exercise Room, Screened Porch, Bedroom 4, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Wood
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio,Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Multiple Garages, Underground
  • Garage Square Feet: 1980

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 164656.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3511823340015
  • Tax Annual Amount: 23287
  • TaxWithAssessments: 23287.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 20, 2024
Sold by
2006 Revocable Trust Of Beth A Dworsky and Dworsky Beth A
Bought by
Allison K Klosterman Bolgrean Brown Revocable and Bolgrean
Seller's Agent
Daniel Hollerman
Compass
Buyer's Agent
Andrew Spilseth
Compass
List Price
$3,249,500
Sold Price
$3,250,000
Premium/Discount to List
$500
0.02%
Views
40
Current Estimated Value
$3,084,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$165,057
Avg. Annual Appreciation
-3.93%
Original Mortgage
$1,750,000
Outstanding Balance
$1,728,008
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,356,935

Purchase Details

Closed on
Oct 15, 2014
Sold by
Dworsky William B and Dworsky Beth A
Bought by
2006 Revocable Trust Of Beth A Dworsky

Purchase Details

Closed on
Mar 14, 2014
Sold by
Sweeney Michael Thomas and Sweeney Elizabeth
Bought by
Dworsky William B and Dworsky Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
American Intl Relocation Services Llc
Bought by
Sweeney Michael T and Sweeney Cammilla C

Purchase Details

Closed on
Sep 5, 2002
Sold by
Bromme Michael A
Bought by
Koscitt Michelle W and Koscitt Richard R

Purchase Details

Closed on
Apr 26, 2000
Sold by
Whitehead G Marc
Bought by
Bromme Michael A and Bromme Kristin R
Source: Public Records

Range of Values:

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Average Value
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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
Allison K Klosterman Bolgrean Brown Revocable $3,250,000 None Listed On Document
2006 Revocable Trust Of Beth A Dworsky -- None Available
Dworsky William B $1,450,000 Burnet Title
Sweeney Michael T $2,099,000 --
American Intl Relocation Services Llc $2,150,000 --
Koscitt Michelle W $2,035,000 --
Bromme Michael A $332,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allison K Klosterman Bolgrean Brown Revocable $1,750,000
Previous Owner Dworsky Beth A $100,000
Previous Owner Dworsky Beth A $1,100,000
Previous Owner Dworsky William B $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $3,250,000 0.0% $425 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $3,249,500 -- $425 / Sq Ft
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
2023 $23,287 $2,121,000 $552,500 $1,568,500
2022 $20,202 $1,891,000 $416,000 $1,475,000
2021 $18,149 $1,639,000 $423,000 $1,216,000
2020 $19,325 $1,485,000 $410,000 $1,075,000
2019 $18,826 $1,511,000 $410,000 $1,101,000
2018 $19,054 $1,452,000 $423,000 $1,029,000
2017 $20,195 $1,505,000 $416,000 $1,089,000
2016 $18,795 $1,406,000 $432,000 $974,000
2015 $23,772 $1,757,000 $540,000 $1,217,000
2014 -- $1,684,000 $503,000 $1,181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6486816

NorthstarMLS

APN: 35-118-23-34-0015