1525 Bay Ridge Rd Wayzata, MN 55391
Estimated Value: $3,302,000 - $3,494,102
            
                5
                Beds
            
            
            
                6
                Baths
            
            
            
                2,100
                Sq Ft
            
            
                
                    $1,607/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1525 Bay Ridge Rd, Wayzata, MN 55391 and is currently estimated at $3,374,701, approximately $1,607 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
                        
                        
                    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
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Klover Holdings Llc | $500 | None Listed On Document | |
| 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 | 
|---|---|---|---|
| Previous Owner | Kottemann Kraig J | $625,000 | |
| Previous Owner | Dobberman Lisa R | $123,000 | |
| Previous Owner | Dobberman Lisa R | $417,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $34,647 | $3,002,300 | $1,047,400 | $1,954,900 | 
| 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
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