NOT LISTED FOR SALE

17421 Bay Ln Wayzata, MN 55391

Estimated Value: $1,378,000 - $2,732,000

0.66 Acre
$2,734,930 Price per Acre
28,750 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $270,000 $202 Per Sq Ft

Est. 569% increase in value since last sale

Current estimated payment $10,973/month

27 Days on Market

Highlights

  • Agricultural
  • Groveland Elementary School Rated A
  • Level Lot

About This Lot

As of August 2013

Short distance to Wayzata and Chowence Corners.

Last Agent to Sell the Property

Ryan O'Neill

RE/MAX Advantage Plus Listed on: 06/25/2013

Co-Listed By

Dan Hessburg

RE/MAX Results

Last Buyer's Agent

Greg Hatch

Lakes Area Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,785

Lot Details

  • 0.66 Acre Lot
  • Level Lot
  • Finished Lot(s)

HOA Fees

  • $4 Monthly HOA Fees

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1711722220036

Property Details

Property Type

Land

Est. Annual Taxes

$16,785

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Assessment Balance: 496.29
  • Assessments: Yes
  • Parcel Number: 1711722220036
  • Projected Closed Date: 08/30/2013
  • Taxes With Assessments: 3227.38
  • Estimated Number of Acres: 0.66
  • Additional Information: Abstract, Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Aug 30, 2013
Sold by
Diedrich Nickolas and Diedrich Elizabeth
Bought by
Woods Kevin and Woods Jodene
Seller's Agent
Ryan O'Neill
RE/MAX Advantage Plus
Buyer's Agent
Greg Hatch
Lakes Area Realty
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$1,805,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,535,054
Avg. Annual Appreciation
17.03%
Original Mortgage
$202,500
Outstanding Balance
$152,063
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$1,652,991
Source: Public Records

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
Woods Kevin $270,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Kevin $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $270,000 -8.5% $202 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $295,000 -- $221 / 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
2024 $16,785 $1,151,500 $317,900 $833,600
2023 $15,843 $1,148,800 $317,900 $830,900
2022 $12,510 $1,117,900 $317,900 $800,000
2021 $12,166 $844,900 $194,000 $650,900
2020 $12,389 $826,400 $194,000 $632,400
2019 $11,835 $808,200 $194,000 $614,200
2018 $10,940 $772,800 $194,000 $578,800
2017 $11,467 $738,700 $175,000 $563,700
2016 $11,350 $728,700 $165,000 $563,700
2015 $2,929 $198,500 $150,000 $48,500
2014 -- $187,300 $150,000 $37,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ryan O'Neill

    RE/MAX

  • D

    Seller Co-Listing Agent in 2013

    Dan Hessburg

    RE/MAX

  • G

    Buyer's Agent in 2013

    Greg Hatch

    Lakes Area Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4520067

REALTOR® Association of Southern Minnesota

APN: 17-117-22-22-0036

Minnesota Hennepin County Wayzata 55391

17421 Bay Ln, Wayzata, MN

This home is located at 17421 Bay Ln, Wayzata, MN 55391 since 25 June 2013 and is currently estimated at $1,805,054, approximately $1,352 per square foot. 17421 Bay Ln is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior 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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