16103 Crosby Cove Rd Wayzata, MN 55391
Estimated Value: $3,201,000 - $3,387,000
5
Beds
4.5
Baths
6,939
Sq Ft
$469/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Waterfront Community
- Bonus Room
- Gleason Lake Elementary School Rated A
- 2 Fireplaces
- Home Office
About This Home
As of November 2023Welcome to Crosby Cove, one of Lake Minnetonka's most sought-after neighborhoods conveniently located within walking distance of Wayzata. Built to last with extensive 2023 updates,this exquisite family home exhibits unsurpassed quality featuring custom architectural design from SKD Architects, and is masterfully built with impeccable detail by L.Cramer. Priced well below replacement cost, this pristine property is a new construction alternative and features all the right spaces for daily living and entertainment including an entertainer's main floor with an epicurean kitchen, laundry, executive office, and extensive seating areas. Upper-level sumptuous primary suite with three additional bedrooms,and oversized bonus/flex room. Lower-level walkout with endless entertainment options, functional guest space,gym and storage. The private fenced-in backyard is ideal for a future pool and/or sport court. Enjoy the Lake Minnetonka lifestyle with association dedicated boat slips on Grays Bay.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,939
Year Built
- Built in 2008
Lot Details
- 0.58
HOA Fees
- $375 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Flex
- Shake Siding
Interior Spaces
- 2-Story Property
- Wet Bar
- 2 Fireplaces
- Family Room
- Living Room
- Home Office
- Bonus Room
- Game Room
- Utility Room
- Home Gym
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Additional Features
- Air Exchanger
- Deeded Waterfront Access Rights
- 0.58 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0811722410041
Community Details
Overview
- Association fees include lawn care, snow removal
- Crosby Cove Homeowners Assoc Association, Phone Number (612) 710-7170
- Crosby Cove Subdivision
Recreation
- Waterfront Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2023
Closed on
Nov 6, 2023
Sold by
Besikof Justin B and Besikof Meira S
Bought by
Frederic Vereecken Trust and Vereecken
Seller's Agent
Daniel Hollerman
Compass
Buyer's Agent
Stephane Cattelin
Coldwell Banker Realty
List Price
$3,595,000
Sold Price
$3,070,000
Premium/Discount to List
-$525,000
-14.6%
Total Days on Market
81
Views
265
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,336
Avg. Annual Appreciation
3.95%
Purchase Details
Closed on
Oct 19, 2007
Sold by
L Cramer Co Inc
Bought by
Besikof Justin and Besikof Meira
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Similar Homes in Wayzata, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frederic Vereecken Trust | $3,070,000 | Burnet Title | |
| Besikof Justin | $615,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Besikof Justin B | $400,000 | |
| Previous Owner | Besikof Justin B | $2,366,000 | |
| Previous Owner | Besikof Justin B | $1,350,000 | |
| Previous Owner | Besikof Justin B | $600,000 | |
| Previous Owner | Besikof Justin B | $1,350,000 | |
| Previous Owner | Besikof Justin B | $600,000 | |
| Previous Owner | Besikof Justin B | $500,000 | |
| Previous Owner | Besikof Justin B | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $3,070,000 | -6.8% | $442 / Sq Ft |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 08/04/2023 08/04/23 | Price Changed | $3,295,000 | -5.0% | $475 / Sq Ft |
| 07/13/2023 07/13/23 | Price Changed | $3,469,500 | -3.5% | $500 / Sq Ft |
| 06/19/2023 06/19/23 | For Sale | $3,595,000 | -- | $518 / Sq Ft |
Source: NorthstarMLS
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 | $36,468 | $2,650,800 | $721,800 | $1,929,000 |
| 2022 | $39,542 | $2,650,800 | $721,800 | $1,929,000 |
| 2021 | $40,404 | $2,533,500 | $721,800 | $1,811,700 |
| 2020 | $39,226 | $2,608,400 | $721,800 | $1,886,600 |
| 2019 | $36,490 | $2,446,700 | $721,800 | $1,724,900 |
| 2018 | $37,341 | $2,300,000 | $656,200 | $1,643,800 |
| 2017 | $27,167 | $1,699,200 | $500,000 | $1,199,200 |
| 2016 | $27,135 | $1,677,000 | $500,000 | $1,177,000 |
| 2015 | $23,148 | $1,410,500 | $500,000 | $910,500 |
| 2014 | -- | $1,433,000 | $500,000 | $933,000 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Hollerman
Seller's Agent in 2023
Daniel Hollerman
Compass
(952) 292-1200
109 Total Sales
-
Stephane Cattelin
Buyer's Agent in 2023
Stephane Cattelin
Coldwell Banker Burnet
(612) 703-8229
97 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6314008
APN: 08-117-22-41-0041
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