NOT LISTED FOR SALE

1525 Bay Ridge Rd Wayzata, MN 55391

Estimated Value: $1,602,000 - $3,173,439

4 Beds
3 Baths
3,812 Sq Ft
$640/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $675,000 $177 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $15,713/month

38 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Schumann Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2015

Great lake view 1 story home with 4 bedrooms and 3 bathrooms. Home has a lower level family room and game room. Home has 2 fireplaces and a deck off the back of home and sits on nice sized lot. Buyer assumes well. Buyer & buyer's agent to verify all info.

Last Agent to Sell the Property

Jesse Graber

Edina Realty, Inc. Listed on: 11/30/2014

Co-Listed By

Debbie Graber

Edina Realty, Inc.

Last Buyer's Agent

Jennifer Wolff

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,912

Year Built

  • Built in 1964

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 120x326x12
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 1011723340009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,912

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.86
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 2017
  • Parcel Number: 1011723340009
  • Projected Closed Date: 03/06/2015
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 9912
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Basement, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 31x17, On Level: Main
  • Room 2: Dining Room, 16x14, On Level: Main
  • Room 3: Family Room, 13x17, On Level: Lower
  • Room 4: Kitchen, 13x11, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Main
  • Room 6: Bedroom, 10x14, On Level: Main
  • Room 7: 13x14, On Level: Lower
  • Room 8: Bedroom, 25x16, On Level: Lower
  • Room 9: Rec Room, 21x13, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2071
  • Below Grade Finished Sq Ft: 1741
  • Total Fin Square Footage: 3812

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: Private

Schools

  • School District: Orono #278

Lot Info

  • Estimated Lot Dimensions: 120x326x12
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1964

Tax Info

  • Year: 2014
  • Tax Value: 9912

MLS Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2019
Sold by
Kottemann Kraig J and Kottemann Laura C
Bought by
Klover Holdings Llc
Current Estimated Value
$2,440,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,992,984
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2019
Sold by
Dobberman Lisa R and Dobberman Eric J
Bought by
Kottemann Kraig J and Kottemann Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 30, 2014
Closed on
Mar 6, 2015
Sold by
The Bank Of New York Mellon
Bought by
Dobberman Lisa R and Dobberman Eric J
Seller's Agent
Jesse Graber
Edina Realty, Inc.
Buyer's Agent
Jennifer Wolff
Coldwell Banker Burnet
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$123,000
Interest Rate
3.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2012
Sold by
Leiferman Scott E
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 18, 2012
Sold by
Leiferman Scott E
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 19, 2005
Sold by
Mack Robert P and Mack Ardell M
Bought by
Leiferman Scott E

Purchase Details

Closed on
Oct 9, 2003
Sold by
Conservatorship Virginia M Sveeggen and Humprey Mary Sandra
Bought by
Mack Robert P
Source: Public Records

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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
Klover Holdings Llc -- None Available
Kottemann Kraig J $925,000 Executive Associates Title
Dobberman Lisa R $675,000 Burnet Title
The Bank Of New York Mellon $1,262,927 --
The Bank Of New York Mellon $1,262,926 None Available
Leiferman Scott E $1,200,000 --
Mack Robert P $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klover Holdings Llc $2,760,000
Closed Kottemann Kraig J $1,992,984
Previous Owner Kottemann Kraig J $625,000
Previous Owner Dobberman Lisa R $123,000
Previous Owner Dobberman Lisa R $417,000
Previous Owner Dobberman Eric J $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $675,000 -2.9% $177 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
11/30/2014 11/30/14 For Sale $695,000 -- $182 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $33,116 $2,980,400 $1,047,400 $1,933,000
2022 $26,182 $2,576,000 $952,000 $1,624,000
2021 $8,369 $2,099,000 $720,000 $1,379,000
2020 $6,742 $730,000 $720,000 $10,000
2019 $11,507 $498,000 $498,000 $0
2018 $11,337 $920,000 $510,000 $410,000
2017 $10,760 $841,000 $468,000 $373,000
2016 $9,972 $786,000 $442,000 $344,000
2015 $9,717 $769,000 $425,000 $344,000
2014 -- $760,000 $425,000 $335,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jesse Graber

    Edina Realty, Inc.

  • D

    Seller Co-Listing Agent in 2015

    Debbie Graber

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2015

    Jennifer Wolff

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4700035

REALTOR® Association of Southern Minnesota

APN: 10-117-23-34-0009

Minnesota Hennepin County Wayzata 55391

1525 Bay Ridge Rd, Wayzata, MN

This home is located at 1525 Bay Ridge Rd, Wayzata, MN 55391 since 30 November 2014 and is currently estimated at $2,440,813, approximately $640 per square foot. This property was built in 1964. 1525 Bay Ridge Rd is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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