NOT LISTED FOR SALE

153 Lakeview Ln Wayzata, MN 55391

Estimated Value: $2,651,000 - $2,814,000

3 Beds
3.5 Baths
4,528 Sq Ft
$601/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $2,500,000 $552 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,917/month

20 Days on Market

Highlights

  • 43,560 Sq Ft lot
  • Living Room with Fireplace
  • No HOA
  • Gleason Lake Elementary School Rated A+
  • Sun or Florida Room
  • Game Room

About This Home

As of July 2024

A tremendous opportunity on a rare one acre flat lot in the Highlands neighborhood. Situated right above Lake Street and Lake Minnetonka's Wayzata Bay this New England style home was fully updated in 2008 by Waldenwood and feels like new today. The main floor primary is spacious with walk in closet and marble tiled bath with soaking tub. All the main floor rooms are light filled and comfortable, the kitchen and family room overlook the large stone terrace and sprawling flat backyard. Upstairs there are two large bedrooms, office space, a beautiful updated bath with double sinks and there is space to reconfigure walls to get a 3rd bedroom up. Downstairs has a large family room and an exercise room that could easily become the 4th or 5th bedroom. With geothermal and solar this home lives very eco friendly. The lot is unmatched and has endless possibilities.

Last Agent to Sell the Property

Cam McCambridge

Edina Realty, Inc. Listed on: 05/15/2024

Edina Realty, Inc.

Last Buyer's Agent

Amy Hendel

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,435

Year Built

  • Built in 1946

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 200x217.8

Parking

  • 3 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Game Room
  • Sun or Florida Room
  • Home Gym

Kitchen

  • Double Oven
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Wayzata Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723140014

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,435

Year Built

Built in 1946

Lot Details

1 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected, City Water - In Street
  • Year Built: 1946
  • Above Grade Finished Sq Ft: 3365
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full
  • Appliances: Dishwasher, Double Oven, Dryer, Exhaust Fan, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 4528
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1163
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Sun Room, Office, Primary Bathroom, Bedroom 2, Bedroom 3, Walk In Closet, Amusement Room, Exercise Room, Patio, Porch

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • PatioPorchType: Rear Porch,Screened,Terrace

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Geothermal
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • Electric: Circuit Breakers
  • Fuel: Natural Gas,Solar
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,In-Ground Sprinkler,Tile Floors,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 200x217.8
  • Lot Size Sq Ft: 43560
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0111723140014
  • Tax Annual Amount: 29435
  • TaxWithAssessments: 29435.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 26, 2024
Sold by
Engebretson Mark and Engebretson Carol
Bought by
Moulton Rick and Moulton Kristine
Seller's Agent
Cam McCambridge
Edina Realty, Inc.
Buyer's Agent
Amy Hendel
Coldwell Banker Realty
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%
Views
22
Current Estimated Value
$2,721,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,227
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Feb 21, 2023
Sold by
Engebretson Mark F and Engebretson Carol M
Bought by
Mark F Engebretson Revocable Trust
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
Moulton Rick $2,500,000 --
Mark F Engebretson Revocable Trust $500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $2,500,000 -10.6% $552 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $2,795,000 -- $617 / Sq Ft
Source: NorthstarMLS

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 $34,787 $2,805,300 $1,650,000 $1,155,300
2023 $29,436 $2,484,800 $1,350,000 $1,134,800
2022 $26,613 $2,198,000 $1,107,000 $1,091,000
2021 $25,313 $1,949,000 $738,000 $1,211,000
2020 $24,947 $1,867,000 $655,000 $1,212,000
2019 $25,038 $1,777,000 $558,000 $1,219,000
2018 $25,034 $1,777,000 $558,000 $1,219,000
2017 $23,518 $1,635,000 $570,000 $1,065,000
2016 $22,483 $1,519,000 $525,000 $994,000
2015 $21,885 $1,442,000 $495,000 $947,000
2014 -- $1,336,000 $420,000 $916,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6537090

NorthstarMLS

APN: 01-117-23-14-0014

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