1590 Locust Hills Cir Wayzata, MN 55391
Estimated Value: $3,118,000 - $3,966,393
5
Beds
6
Baths
5,044
Sq Ft
$728/Sq Ft
Est. Value
About This Home
This home is located at 1590 Locust Hills Cir, Wayzata, MN 55391 and is currently estimated at $3,673,464, approximately $728 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,715,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Pierce Michael B | $1,665,000 | |
| Previous Owner | Pierce Michael B | $1,715,000 |
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 |
|---|---|---|---|---|
| 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
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