NOT LISTED FOR SALE

16392 Ringer Rd Wayzata, MN 55391

Estimated Value: $1,295,000 - $1,593,000

5 Beds
4.5 Baths
5,293 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $1,150,000 $217 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,558/month

222 Days on Market

Highlights

  • Heated In Ground Pool
  • Family Room with Fireplace
  • The kitchen features windows
  • Gleason Lake Elementary School Rated A
  • No HOA
  • 3 Car Attached Garage

About This Home

As of April 2023

Absolutely fantastic location on Ringer Road. 2 Miles from Downtown Wayzata. 1.46 Acres surrounded by wooded privacy that overlooks a nature pond. Effective year built 1988 by Smuckler Custom Builders. This home is a Remodeler’s Dream Opportunity. The main level boasts: A grand vaulted living room with floor to ceiling windows. A two-story foyer. A large formal dining with a see-through stone surround fireplace. An expansive kitchen fitted with 1988 gourmet appliances. A second living space with entertainment, office and a very unique Conservatory dining experience. The deck overlooks the in-ground swimming pool. Plenty of room to add a Pool House. The upper-level offers: A large owner’s suite with a private bath including dual vanities and a separate tub and shower. An en-suite bedroom, two additional bedrooms and a full bath. The walk-out lower level includes: A large family room. A 5th bedroom. A 6th bedroom or flex room. A Bath. Sub-garage storage room.

Last Listed By

Rick Brama

Keller Williams Premier Realty Lake Minnetonka Listed on: 07/29/2022

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,906

Year Built

  • Built in 1969

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 150x503x104x504
  • Chain Link Fence
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Game Room with Fireplace

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain

Additional Features

  • Heated In Ground Pool
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0511722440013

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,906

Year Built

Built in 1969

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: 1969
  • Above Grade Finished Sq Ft: 3972
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Indoor Grill, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Living Room, Wood Burning
  • Living Area: 5293
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1321
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room, Game Room, Foyer, Laundry, Off Season Cedar Closet

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 828

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 150x503x104x504
  • Lot Size Sq Ft: 63771.84
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0511722440013
  • Tax Annual Amount: 12906
  • TaxWithAssessments: 12906.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Apr 18, 2023
Sold by
Mahjouri Fereydoon S and Mahjouri Sussan N
Bought by
Storey Philip and Storey Lynne
Seller's Agent
Rick Brama
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Lindsay Rofidal
Keller Williams Realty Integrity
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Total Days on Market
222
Views
34
Current Estimated Value
$1,466,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,827
Avg. Annual Appreciation
12.29%

Range of Values:

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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
Storey Philip $1,150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storey Philip $500,000
Previous Owner Mahjouri Fereydoon S $710,000
Previous Owner Mahojouri Sussan N $645,000
Previous Owner Mahjouri Fereydoon S $97,500
Previous Owner Mahjouri Fereydon S $507,000
Previous Owner Jouri Fereydoon Mah $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $1,150,000 0.0% $217 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/07/2023 03/07/23 Off Market $1,150,000 -- --
02/28/2023 02/28/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $1,195,000 -4.4% $226 / Sq Ft
02/06/2023 02/06/23 For Sale $1,250,000 +8.7% $236 / Sq Ft
11/21/2022 11/21/22 Off Market $1,150,000 -- --
09/25/2022 09/25/22 Price Changed $1,250,000 -3.8% $236 / Sq Ft
07/29/2022 07/29/22 For Sale $1,300,000 -- $246 / 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
2023 $16,176 $1,223,300 $385,000 $838,300
2022 $12,933 $1,037,700 $385,000 $652,700
2021 $12,906 $888,000 $350,000 $538,000
2020 $12,939 $891,700 $350,000 $541,700
2019 $12,184 $864,600 $350,000 $514,600
2018 $10,518 $824,500 $315,000 $509,500
2017 $10,916 $735,100 $300,000 $435,100
2016 $10,242 $687,000 $235,000 $452,000
2015 $11,145 $723,900 $220,000 $503,900
2014 -- $598,700 $220,000 $378,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6239734

NorthstarMLS

APN: 05-117-22-44-0013