Seller's Agent in 2025
Gregg Murray
eXp Realty
(952) 334-2333
93 Total Sales
16515 Prospect Place Wayzata, MN 55391
4
Beds
3
Baths
2,482
Sq Ft
0.44
Acres
Highlights
- Corner Lot
- No HOA
- The kitchen features windows
- Groveland Elementary School Rated A
- Home Office
- 2 Car Attached Garage
About This Home
As of June 2025Relaxed lake-life meets high style and sophistication. Completely updated and remodeled, every detail has been meticulously finished to the highest standards. The open floorplan is filled with natural light and tranquil views.
The brand-new kitchen is complete with top-of-the-line stainless steel appliances, professional vent hood, elegant quartz countertops, custom tile backsplash, pot-filler, and beautiful cabinetry that provides thoughtful storage and plenty of space for everything. A separate pantry tops it off perfectly. Don’t miss the built-in coffee station – a custom touch sure to impress the barista in your home! Modern LVP floors flow seamlessly throughout the kitchen, living, and dining areas.
The main floor private owner’s suite showcases two separate closets, double vanities, and separate shower. A seated makeup vanity completes the private bath suite.
The second bedroom and full bath are also located on the main floor. Enjoy cozy evenings by the wood-burning fireplace located in the main floor living room, perfect for creating memorable moments with family and friends. Two dining options include a large eat-in kitchen with built-in banquette seating or you may prefer the casual dining space adjacent to the living room.
The daylight basement offers additional living spaces including 2 bedrooms another 3⁄4 bath, an office and a generous family room with daylight views of the nearly 1⁄2 acre yard. The charming wine bar just off the family room is sure to delight.
Situated on a large homesite with mature trees, this home also offers a screened gazebo creating a delightful opportunity for entertaining or relaxing. The oversized garage offers plenty of space for your vehicles and storage needs.
Location is everything, and this home delivers! Just a short walk to the picturesque trails of Lake Minnetonka and only one block from the charming Libbs Lake. Close to Lake Minnetonka recreation, grocery stores, dining options and world-class schools.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,653
Year Built
- Built in 1984
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 199x156x233x35
- Corner Lot
- Many Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Family Room
- Living Room with Fireplace
- Home Office
- Finished Basement
- Natural lighting in basement
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- 200+ Amp Service
- Water Softener is Owned
Community Details
- No Home Owners Association
- Thorpe Bros Groveland Shores Subdivision
Listing and Financial Details
- Assessor Parcel Number 1711722130065
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
May 16, 2025
Sold by
Da Costa Priscilla Borges and Tullio Edward
Bought by
Paulus Kenneth
Seller's Agent
Gregg Murray
eXp Realty
Buyer's Agent
Allison Errickson
Edina Realty, Inc.
List Price
$699,900
Sold Price
$708,150
Premium/Discount to List
$8,250
1.18%
Views
54
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
-$7,586
Avg. Annual Appreciation
-2.13%
Purchase Details
Closed on
Aug 30, 2022
Sold by
Gelo Jeffrey D
Bought by
Tullio Edward and De Costa Priscilla
Purchase Details
Closed on
Jul 28, 2017
Sold by
Gelo Laurence D and Linder Gelo Linda
Bought by
Gelo Jeffrey D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 23, 2015
Sold by
Gelo Laurence D and Linder Gelo Linda L
Bought by
The Gelo Living Trust
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $708,150 | Flex Title | |
| Warranty Deed | $430,000 | Executive Associates Title | |
| Trustee Deed | $330,000 | Carber County Abstract & Tit | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $708,150 | +1.2% | $285 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $699,900 | -- | $282 / 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 |
|---|---|---|---|---|
| 2024 | $6,673 | $507,800 | $202,400 | $305,400 |
| 2023 | $5,567 | $447,200 | $202,400 | $244,800 |
| 2022 | $5,027 | $429,000 | $202,400 | $226,600 |
| 2021 | $4,833 | $369,300 | $184,000 | $185,300 |
| 2020 | $4,898 | $356,800 | $184,000 | $172,800 |
| 2019 | $4,797 | $347,300 | $184,000 | $163,300 |
| 2018 | $4,270 | $339,100 | $184,000 | $155,100 |
| 2017 | $4,432 | $310,900 | $169,900 | $141,000 |
| 2016 | $3,847 | $272,200 | $155,000 | $117,200 |
| 2015 | $3,560 | $253,000 | $150,000 | $103,000 |
| 2014 | -- | $232,400 | $150,000 | $82,400 |
Source: Public Records
Agents Affiliated with this Home
-
Gregg Murray
-
Allison Errickson
Buyer's Agent in 2025
Allison Errickson
Edina Realty, Inc.
(952) 475-2411
29 Total Sales
-
Cassie Frick
Buyer Co-Listing Agent in 2025
Cassie Frick
Edina Realty, Inc.
(612) 237-4460
211 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6700794
APN: 17-117-22-13-0065
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 16418 Minnetonka Blvd
- 16612 Minnetonka Blvd
- 3401 Meadow Ln
- 3061 Lake Shore Blvd
- 15700 La Bon Terrace
- 17209 Grays Bay Blvd
- 3337 Jidana Ln
- 3205 County Road 101
- 3115 County Road 101 S
- 3515 County Road 101
- 3100 County Road 101 S
- 15503 Robinwood Dr
- 1651X Hidden Valley Rd
- 165xx Hidden Valley Rd
- 17775 Valley Cove Ct
- 17820 Valley Cove Ct
- 16110 Crosby Cove Rd
- 17945 Breezy Point Rd
- 4532xx Fairview Ave
- 16510 Lake Street Extension