NOT LISTED FOR SALE

1280 Lyman Ave Wayzata, MN 55391

Estimated Value: $1,717,000 - $2,352,000

5 Beds
3.5 Baths
5,688 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $1,625,000 $286 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,766/month

76 Days on Market

Highlights

  • 168,577 Sq Ft lot
  • Deck
  • 1 Fireplace
  • Schumann Elementary School Rated A-
  • Sauna
  • Great Room

About This Home

As of October 2024

Nestled among woods and wetlands, here you'll find a unique opportunity to have your own private retreat. Surrounded by natural beauty, quiet and serene, it feels as if you've gotten away from it all, yet are ideally located five minutes from downtown Wayzata, just west of Woodhill CC and adjacent to the Luce Line trail. An expansive layout provides all living facilities on the main level and centers on a gorgeous great room with stunning views. The views carry through to every room in the house and are accented with rich cherry woodwork, handsomely crafted with attention to detail. Very well built with generous spaces, this special home should be seen in person to truly appreciate all it has to offer.

Last Agent to Sell the Property

Ben Johnson

RE/MAX Results Listed on: 07/11/2024

RE/MAX Results

Last Buyer's Agent

Juli Schmidt

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,769

Year Built

  • Built in 2000

Lot Details

  • 3.87

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • 1 Fireplace
  • Great Room
  • Family Room
  • Sitting Room
  • Home Office
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Well

Additional Features

  • Air Exchanger
  • 3.87 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 3511823340014

Community Details

Overview

  • No Home Owners Association
  • Lyman Woods Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,769

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 3038
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Double Oven, Dryer, Water Filtration System, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Other
  • Living Area: 5688
  • Below Grade Finished Sq Ft: 2650
  • Basement YN: Yes
  • Dining Room Type: Great Room, Dining Room, Kitchen, Sitting Room, Three Season Porch, Mud Room, Bedroom 1, Office, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Bar/Wet Bar Room, Sauna, Laundry, Deck
  • SqFtTotal: 6266.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 759

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Tile Floors,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 168,577
  • Lot Size Sq Ft: 168577.2
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3511823340014
  • Tax Annual Amount: 22769
  • TaxWithAssessments: 22769.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 8, 2024
Sold by
Outreach Development Corporation
Bought by
Bennett Martha and Hertle Cory
Seller's Agent
Ben Johnson
RE/MAX Results
Buyer's Agent
Juli Schmidt
RE/MAX Results
List Price
$1,895,000
Sold Price
$1,625,000
Premium/Discount to List
-$270,000
-14.25%
Views
69
Current Estimated Value
$1,932,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,590
Avg. Annual Appreciation
18.88%

Purchase Details

Closed on
Jun 5, 2024
Sold by
Hanson Harlan and Hanson Marcia
Bought by
Outreach Development Corporati

Purchase Details

Closed on
Sep 13, 2001
Sold by
Archetype Builders Inc
Bought by
Jurgens W Clinton and Jurgens Mary Ann
Source: Public Records

Range of Values:

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
Bennett Martha $1,625,000 --
Outreach Development Corporati $500 Results Title
Jurgens W Clinton $2,324,512 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Martha $546,000
Previous Owner Hanson Harlan $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $1,625,000 -11.9% $286 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/03/2024 08/03/24 Price Changed $1,845,000 -2.6% $324 / Sq Ft
07/11/2024 07/11/24 For Sale $1,895,000 -- $333 / 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 $25,113 $2,280,700 $595,000 $1,685,700
2022 $22,230 $2,040,000 $448,000 $1,592,000
2021 $21,698 $1,795,000 $455,000 $1,340,000
2020 $22,235 $1,759,000 $441,000 $1,318,000
2019 $21,660 $1,726,000 $441,000 $1,285,000
2018 $21,040 $1,658,000 $455,000 $1,203,000
2017 $22,099 $1,639,000 $448,000 $1,191,000
2016 $19,677 $1,468,000 $468,000 $1,000,000
2015 $21,453 $1,594,000 $594,000 $1,000,000
2014 -- $1,526,000 $553,000 $973,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6557432

NorthstarMLS

APN: 35-118-23-34-0014