NOT LISTED FOR SALE

141 Peavey Ln Wayzata, MN 55391

Estimated Value: $1,041,431 - $2,251,000

4 Beds
2.5 Baths
3,336 Sq Ft
$497/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $850,000 $255 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $10,089/month

135 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Porch
  • Gleason Lake Elementary School Rated A
  • The kitchen features windows
  • 3-minute walk to Shaver park

About This Home

As of August 2022

Beautiful two-story home, nestled on a half-acre lot, within the highly sought-after Wayzata lakeside community. Home remodeled in 2010 adding a main floor family room with gas fireplace, mud room and an oversized insulated 3+ car garage with storage closet, offering an abundance of space and storage. Two additional bedrooms were added above the family room with walk-in closets. Remodeled kitchen features new cabinetry, appliances, lighting, granite countertops and breakfast bar. Large owner's suite with sitting room, two walk in closets and private full bath. Newer mechanicals. Come enjoy the great outdoors from the private fully fenced backyard including a deck and patio, plus a storage shed and tree house. Spectacular location, within steps to Shaver Park, Wayzata Beach and marina, Dakota Trail and the Wayzata shops and restaurants.

Last Agent to Sell the Property

Carey Willis Crowell

Fazendin REALTORS Listed on: 02/04/2022

Co-Listed By

Dick Willis

Fazendin REALTORS

Last Buyer's Agent

Kevin Mullen

Lakes Sotheby's International

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,955

Year Built

  • Built in 1959

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 114x118x115x199
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Game Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Basement Storage

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Ferndale Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723410008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,955

Year Built

Built in 1959

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: 3
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 2812
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Partial, Storage Space
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Brick, Family Room, Gas, Living Room, Wood Burning
  • Living Area: 3336
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 524
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Four Season Porch, Amusement Room, Sitting Room
  • SqFtTotal: 3636.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Full, Wood
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Storage
  • Garage Square Feet: 856

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 114X118X115X199
  • Lot Size Sq Ft: 22215.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0111723410008
  • Tax Annual Amount: 9955
  • TaxWithAssessments: 9955.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Aug 31, 2022
Sold by
Lawrance Michael J and Lawrance Carol L
Bought by
Bloomington Holdings Llc
Seller's Agent
Carey Willis Crowell
Fazendin REALTORS
Buyer's Agent
Kevin Mullen
Lakes Sotheby's International
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Total Days on Market
135
Current Estimated Value
$1,656,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,358
Avg. Annual Appreciation
24.94%
Original Mortgage
$637,500
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1998
Sold by
Francis Charles A and Esala Francis Kimberly K
Bought by
Lawrence Michael J and Andersen Lawrence Carol L
Source: Public Records

Similar Homes in Wayzata, MN

  • 125 Chevy Chase Dr, Wayzata, MN 55391

    $1,875,000

    • 4 Beds
    • 3.5 Baths
    • 5,427 Sq Ft
    • 125 Chevy Chase Dr
    • Wayzata, MN

    Spectacular close in Wayzata home recently renovated with amazing westerly views looking out over the 5th fairway of Wayzata Country Club. Main floor living at its best with two additional bedrooms up and one in the lower walk out level. Open floor plan with sun filled spaces taking in the views with floor to ceiling windows. Wonderful neighborhood close to the Luce Line Trail and easy access

    Ellen Phelps Coldwell Banker Realty

    Section Image
  • 297 Glenbrook Rd N, Wayzata, MN 55391

    $1,474,900

    • 4 Beds
    • 3.5 Baths
    • 3,459 Sq Ft
    • 297 Glenbrook Rd N
    • Wayzata, MN

    Welcome to 297 Glenbrook Rd N, a stunning property nestled in the highly sought-after Wayzata community on a dead end cul-de-sac! This beautifully maintained home features 4 bedrooms and 4 bathrooms, offering ample space for comfortable living. The open-concept design seamlessly connects the living, dining, and kitchen areas, perfect for entertaining family and friends. The kitchen boasts

    Shane Joseph Keller Williams Premier Realty Lake Minnetonka

    Section Image
  • 17209 Grays Bay Blvd, Wayzata, MN 55391

    $1,625,000

    • 4 Beds
    • 2.5 Baths
    • 3,082 Sq Ft
    • 17209 Grays Bay Blvd
    • Wayzata, MN

    An extraordinary and rare offering—from renowned Parade of Homes Architect Howard Theis-comes to you a 4-bedroom (on one floor), 3-bath home, nestled in one of Lake Minnetonka’s most coveted neighborhoods. Homes overlooking Gray’s Bay rarely come to market. This Craftsman inspired gem, allows you to live lake life, without the several hours commute up to northern Minnesota.With sweeping views of

    Amber Tyrrell Prudden & Company

    Section Image
  • 16216 Gleason Lake Rd, Wayzata, MN 55391

    $1,750,000

    • 4 Beds
    • 4.5 Baths
    • 5,268 Sq Ft
    • 16216 Gleason Lake Rd
    • Wayzata, MN

    Welcome to a stunning home blending modern design with thoughtful energy efficiency. This beautifully crafted property features 4+ bedrooms, including a luxurious primary suite, and 5 bathrooms. The open-concept main floor boasts vaulted ceilings, a gas fireplace, and abundant natural light. The gourmet kitchen is a chef’s dream with high-end stainless steel appliances, quartz countertops, a

    Efim Shukalovich eXp Realty

    Section Image
  • 1000 Heritage Ln, Wayzata, MN 55391

    $1,425,000

    • 3 Beds
    • 3 Baths
    • 2,820 Sq Ft
    • 1000 Heritage Ln
    • Wayzata, MN

    A genuinely once in a lifetime opportunity, live in a spacious, mechanically updated, bright, openrambler on an acre in the woods. An Estate setting in desirable rural Orono, among homes of significantlyhigher value. View HiDef aerial fly-over tour of lot, neighborhood, Lakes and docks. Within 3 miles in either direction to historic Wayzata or Navarre, lots of convenient infrastructure and power

    Dennis Libby RE/MAX Advantage Plus

    Section Image
  • 3525 Montgomerie Ave, Wayzata, MN 55391

    $1,950,000

    • 5 Beds
    • 4.5 Baths
    • 5,408 Sq Ft
    • 3525 Montgomerie Ave
    • Wayzata, MN

    Welcome home to the highly desirable Deephaven neighborhood, where luxury living meets timeless charm. This newly built 5-bedroom, 5-bath masterpiece offers over 5,000 square feet of thoughtfully designed living space, crafted with meticulous attention to detail and a seamless blend of modern elegance and classic character. From the grand entrance to the sun-drenched, open concept living areas,

    Taylor Doolittle RE/MAX Results

    Section Image
  • 18975 Highland Ave, Wayzata, MN 55391

    $1,600,000

    • 4 Beds
    • 4.5 Baths
    • 4,144 Sq Ft
    • 18975 Highland Ave
    • Wayzata, MN

    Spectacular Deephaven Park neighborhood. Short walk to Deephaven Beach and park. Gorgeous 2007 renovation means this home offers charm and convenience for daily living. The timeless appeal of the front porch welcomes family and friends. Sun-filled open floor plan- Gorgeous gourmet style kitchen- gleaming hardwood floors- main bedroom with ensuite- main floor office. Upper level provides an

    Mark Geier Coldwell Banker Realty

    Section Image

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
Bloomington Holdings Llc $850,000 Minnetonka Title
Lawrence Michael J $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bloomington Holdings Llc $1,830,000
Closed Bloomington Holdings Llc $1,000,000
Closed Bloomington Holdings Llc $100,000
Closed Bloomington Holdings Llc $637,500
Previous Owner Lawrance Michael $500,000
Previous Owner Lawerence Michael J $119,000
Previous Owner Lawrence Michael J $138,395
Previous Owner Lawrance Michael J $417,000
Previous Owner Lawrence Michael J $139,500
Previous Owner Lawrence Michael J $107,532
Previous Owner Andersen Carol L $560,000
Previous Owner Lawrance Michael J $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $850,000 -7.6% $255 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $920,000 -2.1% $276 / Sq Ft
05/27/2022 05/27/22 Price Changed $939,900 -1.1% $282 / Sq Ft
05/05/2022 05/05/22 Price Changed $949,900 -1.5% $285 / Sq Ft
04/14/2022 04/14/22 Price Changed $964,000 -0.6% $289 / Sq Ft
03/17/2022 03/17/22 Price Changed $969,900 -0.5% $291 / Sq Ft
03/02/2022 03/02/22 For Sale $975,000 +14.7% $292 / Sq Ft
02/21/2022 02/21/22 Off Market $850,000 -- --
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 $9,497 $858,000 $410,000 $448,000
2022 $10,127 $850,000 $342,000 $508,000
2021 $9,955 $795,000 $342,000 $453,000
2020 $9,817 $785,000 $342,000 $443,000
2019 $9,280 $750,000 $320,000 $430,000
2018 $9,502 $711,000 $320,000 $391,000
2017 $8,333 $635,000 $250,000 $385,000
2016 $8,461 $625,000 $235,000 $390,000
2015 $8,239 $596,000 $225,000 $371,000
2014 -- $553,000 $193,000 $360,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 5720816

NorthstarMLS

APN: 01-117-23-41-0008