NOT LISTED FOR SALE

161 Ferndale Rd S Wayzata, MN 55391

Estimated Value: $2,555,000

5 Beds
4.5 Baths
6,513 Sq Ft
$392/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $6,738,417 $1,035 Per Sq Ft

Current estimated payment $16,101/month

882 Days on Market

Highlights

  • Home Theater
  • New Construction
  • 3 Fireplaces
  • Gleason Lake Elementary School Rated A
  • 43,560 Sq Ft lot
  • No HOA

About This Home

As of July 2024

Incredible opportunity to design and build your dream home with Wooddale Builders in the Highlands Neighborhood of Wayzata. One acre lot with build packages starting at 3 million. Photos are of builder's previous work. More than enough room for a Sport court, veranda, pool, and multiple garages. Many options for style, size and finishes to meet your personal preference. Bring your architect or use ours, the options are endless. Just a short walk to downtown Wayzata shopping and dining. Founded by Steve Schwieters, Wooddale Builders has been a family owned and operated luxury custom home builder since 1975.

Last Agent to Sell the Property

Aaron Ouska

Edina Realty, Inc. Listed on: 12/02/2020

Edina Realty, Inc.

Co-Listed By

Sheila Cronin Bornfleth

Edina Realty, Inc.

Last Buyer's Agent

Mary Restrepo

Lakes Sotheby's International

Lakes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,500

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 200x217

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Family Room
  • Living Room
  • Home Theater
  • Game Room
  • Home Gym

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Drain
  • Basement Window Egress

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by WOODDALE BUILDERS INC

Listing and Financial Details

  • Assessor Parcel Number 0111723140007

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,500

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 4682
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • ListPriceHigh: 6000000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Indoor Grill, Microwave, Range, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 6513
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1831
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bar/Wet Bar Room, Bedroom 5, Porch, Media Room, Game Room, Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Insulated Garage, Underground
  • Garage Square Feet: 600

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Porch,In-Ground Sprinkler,Tile Floors

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 200x217
  • Lot Size Sq Ft: 43560
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 2926
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0111723140007
  • Tax Annual Amount: 12500
  • TaxWithAssessments: 12500.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Wooddale Builders Inc
Bought by
Vista Lago Llc
Current Estimated Value
$2,555,000

Purchase Details

Closed on
Nov 9, 2020
Sold by
Lipkin Raymond A and Lipkin Deborah A
Bought by
Wooddale Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,085,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Vista Lago Llc $1,550,000 --
Vista Lago Llc $1,550,000 Chb Title Llc
Wooddale Builders Inc $3,000,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wooddale Builders Inc $2,085,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $6,738,417 +72.8% $1,035 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $3,900,000 0.0% $599 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/30/2021 12/30/21 Price Changed $3,900,000 +6.8% $599 / Sq Ft
12/02/2020 12/02/20 For Sale $3,650,000 -- $560 / Sq Ft
Source: NorthstarMLS

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
2021 $30,112 $2,194,000 $1,476,000 $718,000
2020 $27,456 $2,018,000 $1,310,000 $708,000
2019 $25,718 $1,839,000 $1,116,000 $723,000
2018 $26,583 $1,823,000 $1,116,000 $707,000
2017 $24,915 $1,727,000 $1,015,000 $712,000
2016 $24,129 $1,624,000 $935,000 $689,000
2015 $23,417 $1,537,000 $881,000 $656,000
2014 -- $1,234,000 $748,000 $486,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5690358

NorthstarMLS

APN: 01-117-23-14-0007