NOT LISTED FOR SALE

128 Peavey Ln Wayzata, MN 55391

Estimated Value: $1,030,510 - $1,242,000

2.1 Acres
$526,748 Price per Acre
91,476 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $987,500

Est. 12% increase in value since last sale

Current estimated payment $6,738/month

433 Days on Market

About This Lot

As of June 2023

Build opportunity within Wayzata proper. Create your dream home just two blocks from Wayzata beach. This property offers the opportunity for a secluded drive off Peavey Lane with a build site that features natural views over the wetlands. This incredible location is an easy, flat walk into Wayzata where you can take advantage of beach and dock access to Lake Minnetonka, stroll the boardwalk, walk to all the restaurants, shops, and entertainment of downtown Wayzata and enjoy the Dakota trail located a short walk away. Let nature be your backdrop in this unique setting.

Last Agent to Sell the Property

Tara Engebretson

Fazendin REALTORS Listed on: 03/24/2022

Last Buyer's Agent

David Stickney

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,771

Lot Details

  • Lot Dimensions are 206x241x440x402

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0111723410033

Property Details

Property Type

Land

Est. Annual Taxes

$8,771

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Public Road
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Easements,Soil Test Available,Survey,Survey Stakes,Torrens

Utilities

  • Utilities: Sewer Connected, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Topography: Level
  • Lot Size: 206x241x440x402
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0111723410033
  • Tax Annual Amount: 8771
  • TaxWithAssessments: 8771.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jun 16, 2023
Sold by
Ankeny Philip D and Ankeny Susan
Bought by
Eidem Taylor Mark and Eidem Alexandra Kolb
Seller's Agent
Tara Engebretson
Fazendin REALTORS
Buyer's Agent
David Stickney
Coldwell Banker Realty
List Price
$1,075,000
Sold Price
$987,500
Premium/Discount to List
-$87,500
-8.14%
Total Days on Market
433
Views
33
Current Estimated Value
$1,106,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,670
Avg. Annual Appreciation
5.96%
Original Mortgage
$691,250
Outstanding Balance
$462,956
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$643,214
Source: Public Records

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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
Eidem Taylor Mark $987,500 Minnetonka Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eidem Taylor Mark $691,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $987,500 -8.1% --
05/31/2023 05/31/23 Pending -- -- --
09/26/2022 09/26/22 For Sale $1,075,000 +8.9% --
09/23/2022 09/23/22 Pending -- -- --
08/13/2022 08/13/22 Off Market $987,500 -- --
07/24/2022 07/24/22 For Sale $1,075,000 0.0% --
07/22/2022 07/22/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $1,075,000 -- --
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
2023 $10,418 $850,000 $850,000 $0
2022 $8,771 $801,000 $801,000 $0
2021 $6,047 $614,000 $614,000 $0
2020 $3,506 $426,000 $426,000 $0
2019 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6159413

NorthstarMLS

APN: 01-117-23-41-0033