NOT LISTED FOR SALE

16707 Cottage Grove Ave Wayzata, MN 55391

Libbs Lake Neighborhood

Estimated Value: $515,000 - $750,000

3 Beds
2 Baths
1,647 Sq Ft
$364/Sq Ft Est. Value

About This Home

This home is located at 16707 Cottage Grove Ave, Wayzata, MN 55391 and is currently estimated at $599,647, approximately $364 per square foot. 16707 Cottage Grove Ave 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
Jul 2, 2024
Sold by
Jacobsen Kent and Jacobsen Laura Walklet
Bought by
Jacobsen Living Trust and Jacobsen
Current Estimated Value
$599,647

Purchase Details

Closed on
Mar 1, 2021
Sold by
Tias Molly B and Tias Fotios
Bought by
Jacobsen Kent and Jacobsen Laura Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2002
Sold by
Cooley Billy D and Gutsch Anne
Bought by
Tlas Fotios and Tlas Molly B

Purchase Details

Closed on
Dec 27, 2000
Sold by
Lane Lovernis
Bought by
Cooley Billy D
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
Jacobsen Living Trust $500 None Listed On Document
Jacobsen Kent $441,000 Watermark Title Agency
Tlas Fotios $251,000 --
Cooley Billy D $150,000 --
Jacobsen Kent Kent $441,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobsen Kent $352,800
Previous Owner Tlas Fotios $32,000
Previous Owner Tlas Fotios $238,000
Previous Owner Tias Fotios $243,000
Previous Owner Tlas Fotios $270,000
Closed Jacobsen Kent Kent $441,000
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 $5,868 $471,400 $225,500 $245,900
2022 $4,321 $459,500 $225,500 $234,000
2021 $4,219 $321,200 $194,000 $127,200
2020 $4,309 $314,900 $194,000 $120,900
2019 $4,208 $308,700 $194,000 $114,700
2018 $3,878 $300,700 $194,000 $106,700
2017 $3,939 $279,300 $175,000 $104,300
2016 $3,926 $277,300 $165,000 $112,300
2015 $3,538 $251,600 $150,000 $101,600
2014 -- $227,300 $150,000 $77,300
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391 Libbs Lake

16707 Cottage Grove Ave, Wayzata, MN

This home is located at 16707 Cottage Grove Ave, Wayzata, MN 55391 and is currently estimated at $599,647, approximately $364 per square foot. 16707 Cottage Grove Ave 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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