$2,980,000
SOLD JUL 15, 2022

1640 Locust Hills Place Wayzata, MN 55391

4 Beds
3.5 Baths
4,736 Sq Ft
0.28 Acres

Recently Sold

$629 Per Sq Ft

1% Below List Price

12 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Home fronts a pond
  • Gleason Lake Elementary School Rated A
  • Heated In Ground Pool
  • Game Room

About This Home

As of July 2023

Located in sought-after Locust Hills and offers an ideal floorplan with a luxurious main level owner’s suite. Enjoy private and scenic views of nature throughout this home offering southern exposure of a wooded pond setting. An artfully crafted sunroom addition has seamlessly expanded the main level footprint and provided additional natural light into the great room. Enjoy vaulted and beamed ceiling accents, a discreetly designed home central and walk-in pantry, main level laundry + owner’s suite, three bedrooms downstairs, spacious lower-level family room with a gorgeous walk-up bar and a new wine wall feature. Shows like a model home in like-new condition. Impressive list of upgrades made since purchase available in supplements. The Locust Hills community provides a suite of conveniences for a low maintenance lifestyle to include lawn care, snow removal, ~2 miles of walking trails, clubhouse with pool and gathering spaces as well as deeded boat slips. 36' boat slip included!

Last Agent to Sell the Property

John Adams

Compass

Compass

Last Buyer's Agent

John Adams

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,455

Year Built

  • Built in 2013

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x136x128x110
  • Home fronts a pond

HOA Fees

  • $1,266 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage

Home Design

  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Game Room

Kitchen

  • Cooktop
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Heated In Ground Pool
  • Deeded Waterfront Access Rights
  • Dock Facilities

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0811722210005

Community Details

Overview

  • Association fees include dock, lawn care, ground maintenance, professional mgmt, security, shared amenities, snow removal
  • Rowcal Association, Phone Number (651) 233-1307
  • Locust Hills Subdivision

Amenities

  • Community Garden

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,455

Year Built

Built in 2013

Lot Details

0

HOA Fees

$1,266 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: 1
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Dock, In-Ground Sprinkler System, Other
  • Fee Frequency: Monthly
  • Year Built: 2013
  • Above Grade Finished Sq Ft: 2532
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 4736
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2204
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Game Room, Bar/Wet Bar Room, Sun Room, Study, Laundry
  • SqFtTotal: 0.00
  • Shared Rooms: Amusement/Party Room,Community Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Pitched, Wood
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • Lake Acres: 14729
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage, Insulated Garage, Storage
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Lawn Care, Other, Maintenance Grounds, Professional Mgmt, Security, Shared Amenities, Lawn Care, Snow Removal
  • Phone: 651-233-1307
  • Association Fee: 1266
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Security System,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Rowcal

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 80x136x128x110
  • Lot Size Sq Ft: 12240.36
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0811722210005
  • Tax Annual Amount: 28455
  • TaxWithAssessments: 28455.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Dock, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 13, 2023
Sold by
Lilac Hills Revocable Trust
Bought by
Kj Associates Revocable Trust and Low
Seller's Agent
John Adams
Compass
Buyer's Agent
John Adams
Compass
List Price
$3,650,000
Sold Price
$3,482,500
Premium/Discount to List
-$167,500
-4.59%
Total Days on Market
12
Views
56
Current Estimated Value
$3,444,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,535
Avg. Annual Appreciation
-0.58%
Original Mortgage
$750,000
Outstanding Balance
$731,620
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$2,713,345

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 15, 2022
Sold by
Smith Cindy J and Smith William D
Bought by
Old Oak Tree Revocable Trust and Lilac Hills Revocable Trust
Seller's Agent
John Adams
Compass
Buyer's Agent
John Adams
Compass
List Price
$2,995,000
Sold Price
$2,980,000
Premium/Discount to List
-$15,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$1,500,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 22, 2022
Sold by
1996 Goven Family Gst Exempt Trust
Bought by
Smith Cindy J and Smith William D
Seller's Agent
John Adams
Compass
Buyer's Agent
John Adams
Compass
List Price
$2,995,000
Sold Price
$2,980,000
Premium/Discount to List
-$15,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2015
Sold by
Bennett Jay L and Bennett Sarah
Bought by
1996 Goven Family Gst Exempt Trust

Purchase Details

Closed on
Apr 8, 2013
Sold by
Charles Cudd De Novo Llc
Bought by
Bennett Jay L and Bennett Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2012
Sold by
Locust Hills Development Llc
Bought by
Charles Cudd De Novo Llc

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Wayzata, MN

  • 641 Park St E, Wayzata, MN 55391

    $2,699,000

    • 4 Beds
    • 4.5 Baths
    • 4,717 Sq Ft
    • 641 Park St E
    • Wayzata, MN

    Nestled in a very highly desired neighborhood, this brand-new home is a true masterpiece built by Kilian Construction. Offering elegance and sophistication, this 4-bedroom, 5-bathroom estate spans over 4,800 of meticulously crafted living space and is the perfect example of comfort and style. With the finest attention to detail and the highest quality materials throughout, this exceptional home

    William Roemer First Impressions Home Group

    Section Image
  • 1516 Brightwood Dr, Wayzata, MN 55391

    $2,399,000

    • 6 Beds
    • 6.5 Baths
    • 8,107 Sq Ft
    • 1516 Brightwood Dr
    • Wayzata, MN

    Come home to luxury in 8000+ FSF home. 4 car garage. Elevator to all 4 floors, Main level living includes 9-10’ ceilings, stunning dark stained woods along with light enamel cabinetry & trim, wood ceilings. Private MIL suite w/laundry and separate access. Stunning Kitchen w/huge island, Thermador Appliances, WI Pantry, Glass display cabinets, desk nook, open to Great Room w/stone FP, abundance of

    William Roemer First Impressions Home Group

    Section Image
  • 2645 Arcola Ln, Wayzata, MN 55391

    $2,995,000

    • 5 Beds
    • 7 Baths
    • 6,885 Sq Ft
    • 2645 Arcola Ln
    • Wayzata, MN

    New Price! Come Experience Lafayette Bay with Breathtaking Views all the way to Excelsior.Luxurious lakeside living with 122 feet of prime shoreline offering stunning southern-facing views all the way to Excelsior. Custom-built by Steiner & Koppelman, this timeless two-story residence showcases exceptional craftsmanship, refined finishes, and thoughtful design throughout.The main level features

    Scott Stabeck Coldwell Banker Realty

    Section Image
  • 1650 Locust Hills Place, Wayzata, MN 55391

    $3,595,000

    • 4 Beds
    • 5 Baths
    • 4,765 Sq Ft
    • 1650 Locust Hills Place
    • Wayzata, MN

    Stunning Locust Hills home designed by Tom Rauscher and built by Kyle Hunt & Partners, offering breathtaking south-facing nature views! Enjoy the open flowing floorplan with unparalleled high-end finishes, stunning ceiling woodwork detail, and doors that open to the large terraces creating the perfect blend of indoor + outdoor living! The main-level features a den with gorgeous custom built-ins

    Jeffrey Dewing Coldwell Banker Realty

    Section Image
  • 1700 Holdridge Cir, Wayzata, MN 55391

    $3,400,000

    • 4 Beds
    • 4.5 Baths
    • 4,226 Sq Ft
    • 1700 Holdridge Cir
    • Wayzata, MN

    Step into modern luxury with this stunning contemporary home featuring main level living, where sophistication meets functionality in every detail. As you enter, natural light floods the expansive open floor plan, highlighting sleek lines and designer finishes throughout. The spacious living area boasts high ceilings and panoramic views, creating an inviting atmosphere perfect for entertaining or

    Jennifer Ulrich Coldwell Banker Realty

    Section Image
  • 1202 La Salle St, Wayzata, MN 55391

    $3,495,000

    • 4 Beds
    • 3.5 Baths
    • 4,503 Sq Ft
    • 1202 La Salle St
    • Wayzata, MN

    *Package starting at $3,495,000.* Luxury new construction set in the heart of downtown Wayzata. Expertly built by Black Dog Homes and designed by David Charlez Designs. Interior design by O'Hara Interiors. This home features exquisite finishes, a highly functional floor plan and wetland views. Open concept main level includes gourmet kitchen and walk-in pantry, dining area and living room with

    Drew Hueler Coldwell Banker Realty

    Section Image
  • 16110 Crosby Cove Rd, Wayzata, MN 55391

    $3,295,000

    • 4 Beds
    • 6 Baths
    • 6,537 Sq Ft
    • 16110 Crosby Cove Rd
    • Wayzata, MN

    This L. Cramer built 1.5 story walkout home is set on a sweeping, private .79 acre corner lot in Lake Minnetonka's demand Crosby Cove enclave. Extensive renovations made by the current owner to the interior, exterior and grounds have produced a showcase property. The site features a concrete base in-ground pool, lush gardens, spacious level backyard and a dedicated boat slip on Lake Minnetonka

    Jeannie Thompson Coldwell Banker Realty

    Section Image
  • 141 Benton Ave, Wayzata, MN 55391

    $2,600,000

    • 4 Beds
    • 4.5 Baths
    • 4,692 Sq Ft
    • 141 Benton Ave
    • Wayzata, MN

    This two story jewel in the heart of Wayzata is truly in a class of its own! Stunning new construction nearing June 2025 completion offering an unparalleled blend of modern elegance and timeless charm. Award winning Knight Construction delivers exquisite craftsmanship and high-end finishes to the most discerning of buyers. Impeccable selections and aesthetics throughout. Sun filled main level

    Melissa Olmscheid Compass

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,741,250 Burnet Title
Deed $1,741,250 Burnet Title
Quit Claim Deed $2,980,000 First American Title
Deed $2,980,000 None Listed On Document
Warranty Deed $1,835,000 Burnet Title
Warranty Deed $1,507,394 Custom Home Bldrs Title
Warranty Deed $500,000 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $1,500,000 New Conventional
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $3,482,500 -4.6% $735 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $3,650,000 +22.5% $771 / Sq Ft
07/15/2022 07/15/22 Sold $2,980,000 0.0% $629 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/17/2022 05/17/22 Off Market $2,980,000 -- --
05/13/2022 05/13/22 For Sale $2,995,000 -- $632 / Sq Ft
Source: NorthstarMLS

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 $33,675 $2,830,700 $1,468,800 $1,361,900
2022 $28,455 $2,330,000 $1,035,000 $1,295,000
2021 $30,834 $2,078,000 $931,000 $1,147,000
2020 $28,468 $2,256,000 $1,153,000 $1,103,000
2019 $26,250 $2,016,000 $942,000 $1,074,000
2018 $29,278 $1,859,000 $836,000 $1,023,000
2017 $22,105 $1,542,000 $678,000 $864,000
2016 $20,490 $1,392,000 $678,000 $714,000
2015 $20,078 $1,330,000 $616,000 $714,000
2014 -- $825,000 $600,000 $225,000
Source: Public Records

Source: NorthstarMLS

MLS Number: 6191080

NorthstarMLS

APN: 08-117-22-21-0005