NOT LISTED FOR SALE

16700 Grays Bay Blvd Wayzata, MN 55391

Estimated Value: $4,877,000 - $5,697,095

4 Beds
5 Baths
1,632 Sq Ft
$3,188/Sq Ft Est. Value

About This Home

This home is located at 16700 Grays Bay Blvd, Wayzata, MN 55391 and is currently estimated at $5,202,524, approximately $3,187 per square foot. 16700 Grays Bay Blvd is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Maglich Michael G and Fischer Vivi Ann
Bought by
Rahn Mark and Rahn Rachel
Current Estimated Value
$5,202,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2002
Sold by
Estate Of Donald Strom
Bought by
Maglich Michael G and Fisher Vivi Ann R

Purchase Details

Closed on
Sep 25, 1998
Sold by
Strom Donald W
Bought by
Strom Donald W
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
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
Rahn Mark $3,218,300 Burnet Title
Maglich Michael G $1,100,000 --
Strom Donald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahn Mark $425,400
Closed Rahn Mark $438,000
Closed Rahn Mark $453,100
Previous Owner Maglich Michael G $2,500,000
Previous Owner Maglich Michael G $247,500
Source: Public Records

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 $61,040 $4,197,400 $2,214,700 $1,982,700
2022 $53,906 $3,695,100 $1,771,300 $1,923,800
2021 $52,977 $3,373,400 $1,476,100 $1,897,300
2020 $53,088 $3,330,500 $1,433,200 $1,897,300
2019 $51,510 $3,200,800 $1,365,000 $1,835,800
2018 $48,353 $3,098,000 $1,365,000 $1,733,000
2017 $45,133 $2,666,900 $1,260,900 $1,406,000
2016 $44,079 $2,593,200 $1,136,000 $1,457,200
2015 $37,638 $2,204,700 $1,040,400 $1,164,300
2014 -- $2,204,700 $1,040,400 $1,164,300
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

16700 Grays Bay Blvd, Wayzata, MN

This home is located at 16700 Grays Bay Blvd, Wayzata, MN 55391 and is currently estimated at $5,202,524, approximately $3,187 per square foot. 16700 Grays Bay Blvd is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

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