NOT LISTED FOR SALE

16143 Crosby Cove Rd Wayzata, MN 55391

Estimated Value: $3,276,000 - $3,786,000

5 Beds
4.5 Baths
7,428 Sq Ft
$470/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $3,200,000 $431 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $22,855/month

11 Days on Market

Highlights

  • Lake View
  • Property fronts a channel
  • Home Office
  • Gleason Lake Elementary School Rated A
  • Family Room with Fireplace
  • The kitchen features windows

About This Home

As of June 2023

This serene setting and beautifully designed home make an unbeatable combination in the sought-after neighborhood of Crosby Cove. This LCramer built home offers sweeping views of the wetlands at the headwaters to Minnehaha Creek and a permanent dock on a protected channel to Gray's Bay on Lake Minnetonka. Architectural details, rooms flooded with light, a chef's kitchen, and easy gathering spaces all can be enjoyed in this move-in ready home meticulously cared for by only two owners. Oversized bedrooms, designated office spaces, and flex space make this easy for all family dynamics. Walk-out lower level for entertaining on the patio and accessing the dock by the stone steps. Enjoy the quiet cul-de-sac setting while being minutes to downtown Wayzata and highway access. Lawn and Snow maintenance for each homeowner is part of the neighborhood HOA making this a turn-key easy lifestyle.

Last Agent to Sell the Property

Tara Engebretson

Fazendin REALTORS Listed on: 05/24/2023

Last Buyer's Agent

Mimi Bendickson

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,862

Year Built

  • Built in 2007

Lot Details

  • 0.52 Acre Lot
  • Property fronts a channel

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Flex

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Game Room with Fireplace
  • Utility Room Floor Drain
  • Washer
  • Lake Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • Association fees include lawn care, shared amenities, snow removal
  • Crosby Cove HOA, Phone Number (612) 220-5620
  • Crosby Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0811722410046

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,862

Year Built

Built in 2007

Lot Details

0

HOA Fees

$375 per month

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
  • Fee Frequency: Annually
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 5340
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room
  • Living Area: 7428
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2088
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Family Room, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Amusement Room, Bedroom 5, Flex Room
  • SqFtTotal: 8248.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 3

Exterior Features

  • PatioPorchType: Deck,Patio
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Floor Drain, Heated Garage, Insulated Garage
  • Garage Square Feet: 817

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Shared Amenities, Snow Removal
  • Phone: 612-220-5620
  • Association Fee: 4500
  • Association: Yes
  • Amenities Unit: Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Panoramic View,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Crosby Cove HOA

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 22651.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0811722410046
  • Tax Annual Amount: 36862
  • TaxWithAssessments: 36861.9200

Multi Family

  • WaterfrontFeatures: Channel Shore, Dock, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 14, 2023
Sold by
Mcdonough Paul and Mcdonough Lynne
Bought by
Stenehjem Stephen and Stenehjem Stacey
Seller's Agent
Tara Engebretson
Fazendin REALTORS
Buyer's Agent
Mimi Bendickson
Compass
List Price
$2,995,000
Sold Price
$3,200,000
Premium/Discount to List
$205,000
6.84%
Views
9
Current Estimated Value
$3,491,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,919
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Mar 22, 2018
Sold by
Brennan Thomas F and Brennan Sharon A
Bought by
Mcdonough Paul H and Mcdonough Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2004
Sold by
Crosby Cove Llc
Bought by
Brennan Thomas F and Brennan Sharon A
Source: Public Records

Range of Values:

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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
Stenehjem Stephen $3,200,000 --
Mcdonough Paul H -- Title Recording Services In
Brennan Thomas F $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonough Paul H $938,000
Previous Owner Mcdonough Paul H $975,000
Previous Owner Mcdonough Paul H $1,000,000
Previous Owner Brennan Thomas F $885,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $3,200,000 0.0% $431 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/27/2023 05/27/23 Off Market $3,200,000 -- --
05/26/2023 05/26/23 For Sale $2,995,000 -6.4% $403 / Sq Ft
05/26/2023 05/26/23 Off Market $3,200,000 -- --
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
2023 $38,339 $2,782,400 $993,600 $1,788,800
2022 $35,099 $2,713,400 $946,300 $1,767,100
2021 $35,724 $2,258,100 $860,300 $1,397,800
2020 $35,191 $2,346,900 $860,300 $1,486,600
2019 $30,504 $2,203,800 $788,200 $1,415,600
2018 $30,872 $1,936,600 $682,500 $1,254,100
2017 $32,236 $1,999,900 $600,000 $1,399,900
2016 $31,309 $1,921,600 $550,000 $1,371,600
2015 $30,044 $1,804,900 $550,000 $1,254,900
2014 -- $1,662,000 $550,000 $1,112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6375443

NorthstarMLS

APN: 08-117-22-41-0046