NOT LISTED FOR SALE

1280 Bracketts Point Rd Wayzata, MN 55391

Estimated Value: $6,304,000 - $8,356,000

4 Beds
6 Baths
6,800 Sq Ft
$1,052/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $5,995,000 $882 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $46,600/month

Highlights

  • Lake Front
  • Dock Available
  • 1.84 Acre Lot
  • Schumann Elementary School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of May 2021

Sold Pre-MLS

Last Listed By

Brian Benson

Compass Listed on: 05/14/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,519

Year Built

  • Built in 1987

Lot Details

  • 1.84 Acre Lot
  • Lake Front
  • Irregular Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • 6,800 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Lake Views
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Dock Available
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1111723320019

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,519

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: Well
  • Fuel Type: Natural Gas
  • Year Built: 1987
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 6703.00
  • Above Grade Finished Area Search: 6703.00
  • Above Grade Finished Sq Ft: 6800.00
  • Assessment Pending Y N: No
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: 4 BR on One Level, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Area: 850.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 6703.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 3686.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 1111723320019
  • Property Out Building Type: Other
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener - Owned
  • Fireplace Features: Gas Burning, Living Room, Master Bedroom, Other
  • Dining Room Features: Eat In Kitchen, Informal Dining Room, Separate/Formal Dining Room
  • Family Room Features: Family Room, Main Level
  • Bathroom Type: Bathroom Ensuite, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level 3/4 Bath, Upper Level Full Bath
  • Living Area: 6800.00
  • Fireplace: Yes
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 14729.56000
  • PoolFeatures: Below Ground, Heated, Outdoor

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Balcony, Deck, Dock, Hardwood Floors, In-Ground Sprinkler, Kitchen Window, Natural Woodwork, Patio, Security System, Tile Floors, Vaulted Ceiling(s), Walk-In Closet

Schools

  • School District: 278 - Orono
  • School District Phone: 952-449-8305

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: No
  • Lot Size: W370X220XL310X345
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Lot Size Acres: 1.8400
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 003 RGT ORONO POINT THAT PART OF LOT 3 LYING SLY OF FOL DESC LINE AND ITS EXTS COM AT SW COR OF LOT 3 TH NLY ALONG W LINE THOF TO NW COR THOF BEING PT OF BEG OF LINE BEING DESC TH SELY AT AN ANGL
  • Tax Amount: 69519.00
  • Tax Year: 2021
  • Tax With Assessments: 69519.00
  • Assessor Parcel Number: 1111723320019

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front, Lake View, Dock

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
May 14, 2021
Sold by
Wayzata Bay Llc
Bought by
Hasse Glenn W and Hasse Katherine K
Seller's Agent
Brian Benson
Compass
Buyer's Agent
Erik Myhran
Coldwell Banker Realty
List Price
$6,250,000
Sold Price
$5,995,000
Premium/Discount to List
-$255,000
-4.08%
Total Days on Market
0
Current Estimated Value
$7,152,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,157,878
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Apr 24, 2020
Sold by
Widmer Carl Joseph
Bought by
Widmer Joanna Elizabeth

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jan 29, 2018
Sold by
Stockton Larissa and Stockton Richard Joseph
Bought by
Wayzata Bay Llc
Seller's Agent
Ellen DeHaven
Coldwell Banker Realty
List Price
$4,975,000
Sold Price
$4,600,000
Premium/Discount to List
-$375,000
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Johnson B Kristine
Bought by
Stockton Richard Joseph and Stockton Larissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
2.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 24, 2015
Closed on
Sep 15, 2015
Sold by
Kristine Johnson B
Bought by
Stockton Richard J and Stockton Larissa
Seller's Agent
Ellen DeHaven
Coldwell Banker Realty
List Price
$4,995,000
Sold Price
$4,500,000
Premium/Discount to List
-$495,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$2,500,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 12, 2011
Sold by
Johnson Robbin S and Kristine Johnson B
Bought by
Kristine Johnson B and B Kristine Johnson Declaration Of Trust

Purchase Details

Closed on
Aug 15, 2006
Sold by
Sparboe Deanna L
Bought by
Johnson Robbin S and Johnson Kristine

Purchase Details

Closed on
Aug 26, 2005
Sold by
Relocation Sirva
Bought by
Sparboe Robert D and Sparboe Deanna L

Purchase Details

Closed on
Jul 15, 2003
Sold by
Pillsbury John S and Pillsbury Katherine C
Bought by
Nyce James V and Nyce Beverly H

Purchase Details

Closed on
May 9, 2001
Sold by
Pillsbury John S and Pillsbury Katharine C
Bought by
Pillsbury John S and Pillsbury Katherine C

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
Hasse Glenn W $5,995,000 Burnet Title
Wayzata Bay Llc $4,600,000 Burnet Title
Stockton Richard Joseph $4,500,000 Edina Realty Title
Stockton Richard J $4,500,000 Attorney
Kristine Johnson B -- None Available
Johnson Robbin S $4,500,000 --
Sparboe Robert D $4,650,000 --
Relocation Sirva $4,650,000 --
Nyce James V $3,800,000 --
Pillsbury John S $30,000,000 --
Hasse Glenn Glenn $5,995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stockton Richard Joseph $2,500,000
Previous Owner Stockton Richard J $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $5,995,000 -4.1% $882 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $6,250,000 +35.9% $919 / Sq Ft
01/29/2018 01/29/18 Sold $4,600,000 -7.5% $686 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $4,975,000 +8.2% $742 / Sq Ft
12/11/2017 12/11/17 Off Market $4,600,000 -- --
10/05/2017 10/05/17 Price Changed $4,975,000 -9.5% $742 / Sq Ft
08/31/2017 08/31/17 Price Changed $5,499,000 -3.1% $820 / Sq Ft
06/29/2017 06/29/17 For Sale $5,675,000 +26.1% $847 / Sq Ft
09/15/2015 09/15/15 Sold $4,500,000 -9.9% $671 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $4,995,000 -- $745 / 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 $83,320 $7,370,000 $5,940,000 $1,430,000
2022 $72,646 $6,577,000 $5,400,000 $1,177,000
2021 $69,519 $5,673,000 $4,725,000 $948,000
2020 $64,946 $5,451,000 $4,516,000 $935,000
2019 $65,325 $4,881,000 $3,935,000 $946,000
2018 $63,022 $4,832,000 $3,935,000 $897,000
2017 $62,069 $4,452,000 $2,875,000 $1,577,000
2016 $50,460 $3,631,000 $2,640,000 $991,000
2015 $48,867 $3,521,000 $2,530,000 $991,000
2014 -- $3,493,000 $2,530,000 $963,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5753526

NorthstarMLS

APN: 11-117-23-32-0019