NOT LISTED FOR SALE

131 Peavey Ln Wayzata, MN 55391

Estimated Value: $1,333,000 - $1,453,000

5 Beds
4 Baths
2,513 Sq Ft
$555/Sq Ft Est. Value

About This Home

This home is located at 131 Peavey Ln, Wayzata, MN 55391 and is currently estimated at $1,394,355, approximately $554 per square foot. 131 Peavey Ln is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Rossman Jordan P and Hoffarber Blake N
Bought by
Novak Andrew
Current Estimated Value
$1,394,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$1,030,240

Purchase Details

Closed on
Jun 29, 2016
Sold by
Hafermann Joseph A and Hafermann Jone M
Bought by
Hoffarber Blake N and Rossman Jordan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Novak Andrew $1,300,000 Titlenexus
Hoffarber Blake N $753,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Andrew $500,000
Previous Owner Hoffarber Blake N $75,000
Previous Owner Hoffarber Blake N $602,400
Source: Public Records

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
2024 $12,678 $1,075,900 $430,000 $645,900
2023 $11,965 $1,059,400 $410,000 $649,400
2022 $10,870 $961,000 $342,000 $619,000
2021 $10,650 $847,000 $342,000 $505,000
2020 $10,465 $834,000 $342,000 $492,000
2019 $10,078 $794,000 $320,000 $474,000
2018 $9,998 $765,000 $320,000 $445,000
2017 $8,728 $661,000 $250,000 $411,000
2016 $8,680 $639,000 $235,000 $404,000
2015 $8,465 $610,000 $225,000 $385,000
2014 -- $559,000 $193,000 $366,000
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

131 Peavey Ln, Wayzata, MN

This home is located at 131 Peavey Ln, Wayzata, MN 55391 and is currently estimated at $1,394,355, approximately $554 per square foot. 131 Peavey Ln is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

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