NOT LISTED FOR SALE

1708 Crosby Rd Wayzata, MN 55391

Estimated Value: $819,000 - $2,684,000

0.96 Acre
$1,879,160 Price per Acre
41,818 Sq Ft Lot

Last Sold October 15, 2012

Last sale price $320,000 $373 Per Sq Ft

Est. 464% increase in value since last sale

Current estimated payment $11,506/month

31 Days on Market

Highlights

  • 0.96 Acre Lot
  • Agricultural
  • Lot Has A Rolling Slope
  • Gleason Lake Elementary School Rated A
  • Many Trees

About This Lot

As of October 2012

Prime Building site located just North of Cargill, with Downtown Wayzata and Lake Minnetonka just a blink away. Pending assessments for water.

Last Listed By

Dave Moore

Edina Realty, Inc. Listed on: 09/11/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,903

Year Built

  • 1953

Lot Details

  • 0.96 Acre Lot
  • Lot Has A Rolling Slope
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0511722410018

Property Details

Property Type

Land

Est. Annual Taxes

$16,903

Year Built

1953

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 0511722410018
  • Projected Closed Date: 10/15/2012
  • Taxes With Assessments: 2268
  • Estimated Number of Acres: 0.96
  • Additional Information: Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Rolling, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1953

Exterior Features

  • Soil Type: Clay

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Telephone

Schools

  • School District: Wayzata #284

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Becker Gary W and Gary W Becker Revocable Trust
Bought by
Keith Laura
Total Days on Market
31
Current Estimated Value
$1,803,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$459,893
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,344,101

Purchase Details

Closed on
Feb 20, 2017
Sold by
Lipkin Raymond and Lipkin Deborah
Bought by
Becker Gary W and Gary W Becker Revocable Trust

Purchase Details

Listed on
Sep 11, 2012
Closed on
Oct 4, 2012
Sold by
Payne Phillip E and Payne Marilyn H
Bought by
Lipkin Raymond and Lipkin Deborah
Seller's Agent
Dave Moore
Edina Realty, Inc.
Buyer's Agent
Matthew Johnson
Edina Realty, Inc.
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%

Range of Values:

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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
Keith Laura $2,000,000 Burnet Title
Becker Gary W $424,000 Edina Realty Title Inc
Lipkin Raymond $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Laura $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $320,000 -8.6% $373 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $350,000 -- $407 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $16,903 $1,462,300 $445,200 $1,017,100
2022 $11,369 $1,294,000 $300,000 $994,000
2021 $10,168 $882,000 $300,000 $582,000
2020 $10,628 $800,000 $282,000 $518,000
2019 $7,520 $805,000 $270,000 $535,000
2018 $3,431 $592,000 $228,000 $364,000
2017 $2,976 $196,000 $196,000 $0
2016 $2,839 $181,000 $181,000 $0
2015 $2,920 $181,000 $181,000 $0
2014 -- $155,000 $155,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dave Moore

    Edina Realty, Inc.

  • M

    Buyer's Agent in 2012

    Matthew Johnson

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4397581

REALTOR® Association of Southern Minnesota

APN: 05-117-22-41-0018

Minnesota Hennepin County Wayzata 55391

1708 Crosby Rd, Wayzata, MN

Homes for Sale in Wayzata, MN

This home is located at 1708 Crosby Rd, Wayzata, MN 55391 since 11 September 2012 and is currently estimated at $1,803,994, approximately $2,100 per square foot. This property was built in 1953. 1708 Crosby Rd is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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