NOT LISTED FOR SALE

1525 Bay Ridge Rd Wayzata, MN 55391

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

5 Beds
6 Baths
2,100 Sq Ft
$1,162/Sq Ft Est. Value

About This Home

This home is located at 1525 Bay Ridge Rd, Wayzata, MN 55391 and is currently estimated at $2,440,813, approximately $1,162 per square foot. 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.

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

Closed on
Mar 6, 2015
Sold by
The Bank Of New York Mellon
Bought by
Dobberman Lisa R and Dobberman Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

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
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

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

Map

Minnesota Hennepin County Wayzata 55391

1525 Bay Ridge Rd, Wayzata, MN

This home is located at 1525 Bay Ridge Rd, Wayzata, MN 55391 and is currently estimated at $2,440,813, approximately $1,162 per square foot. 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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