NOT LISTED FOR SALE

1590 Locust Hills Cir Wayzata, MN 55391

Estimated Value: $3,261,000 - $4,158,000

5 Beds
6 Baths
5,044 Sq Ft
$755/Sq Ft Est. Value

About This Home

This home is located at 1590 Locust Hills Cir, Wayzata, MN 55391 and is currently estimated at $3,806,982, approximately $754 per square foot. 1590 Locust Hills Cir is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Lhc Associates Llc
Bought by
Spirit Island Holdings Llc
Current Estimated Value
$3,806,982

Purchase Details

Closed on
Nov 1, 2018
Sold by
Pierce Michael B
Bought by
Lhc Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,260,000
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2015
Sold by
Pierce Michael B and Pierce Melissa Ann Hines
Bought by
Pierce Michael B and Michael B Pierce Revocable Trust

Purchase Details

Closed on
Jul 14, 2010
Sold by
Emison Jane L
Bought by
Pierce Michael B
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
Spirit Island Holdings Llc $2,000,000 Titlesmart Inc
Lhc Associates Llc $2,514,000 Burnet Title
Pierce Michael B -- Attorney
Pierce Michael B $2,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lhc Associates Llc $2,260,000
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
2024 $40,524 $3,254,000 $2,110,000 $1,144,000
2023 $36,846 $3,089,400 $1,632,000 $1,457,400
2022 $28,055 $2,597,000 $1,150,000 $1,447,000
2021 $38,272 $2,050,000 $1,058,000 $992,000
2020 $35,495 $2,780,000 $1,441,000 $1,339,000
2019 $29,221 $2,493,000 $1,177,000 $1,316,000
2018 $33,973 $2,060,000 $1,045,000 $1,015,000
2017 $29,409 $2,023,000 $847,000 $1,176,000
2016 $28,411 $1,897,000 $847,000 $1,050,000
2015 $27,981 $1,820,000 $770,000 $1,050,000
2014 -- $1,804,000 $780,000 $1,024,000
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

1590 Locust Hills Cir, Wayzata, MN

This home is located at 1590 Locust Hills Cir, Wayzata, MN 55391 and is currently estimated at $3,806,982, approximately $754 per square foot. 1590 Locust Hills Cir is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

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