NOT LISTED FOR SALE

175 Gleason Lake Rd Wayzata, MN 55391

Estimated Value: $1,024,000 - $1,361,000

3 Beds
3 Baths
3,200 Sq Ft
$351/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $615,000 $192 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,233/month

Highlights

  • 126 Feet of Waterfront
  • Heated Floors
  • Deck
  • Birchview Elementary School Rated A
  • 0.87 Acre Lot
  • 3 Car Attached Garage

About This Home

As of December 2014

Rare opportunity: Fabulous one level living with west facing views on Gleason Lake. Numerous updates since 2007 including hdwd floors, sun room, granite. SS appl; wonderful empty nester alternative less than 5 minutes to downtown Wayzata; blocks to 394

Last Agent to Sell the Property

Patty Napier

Coldwell Banker Burnet Listed on: 12/04/2014

Last Buyer's Agent

Jon Arne

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1984

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 88x380x126
  • 126 Feet of Waterfront
  • Lake Front
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Gas Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0511722130023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,217

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Ada Features: Partially Wheelchair
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Asphalt, Driveway - Shared, Patio
  • Estimated Number of Acres: 0.87
  • Assessment Balance: 9
  • Construction: Previously Owned
  • Foundation Size: 1929
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 0511722130023
  • Projected Closed Date: 12/05/2014
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 7217
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor 3/4 Bath, Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x34, On Level: Main
  • Room 3: Family Room, 16x30, On Level: Lower
  • Room 4: Kitchen, 10x12, On Level: Main
  • Room 5: Bedroom, 12x20, On Level: Main
  • Room 6: Bedroom, 13x14, On Level: Main
  • Room 7: 12x19, On Level: Lower
  • Room 9: Great Room, 18x34, On Level: Main
  • Room 10: Dining Room, 11x12, On Level: Main
  • Room 11: Sunroom/Solarium, 14x17, On Level: Main
  • Room 12: Deck, 16x18, On Level: Main
  • Room 13: Patio, 10x10, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Walkout
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 2170
  • Below Grade Finished Sq Ft: 1030
  • Total Fin Square Footage: 3200

Exterior Features

  • Frontage Road: City
  • LakeAcres: 173
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 126
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central, Wall
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: 88x380x126
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2014
  • Tax Value: 7217

MLS Schools

  • School District: Wayzata #284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Dec 3, 2014
Sold by
Moriarty Audrey N
Bought by
Kramer Georgayn C
Seller's Agent
Patty Napier
Coldwell Banker Burnet
Buyer's Agent
Jon Arne
Coldwell Banker Burnet
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Total Days on Market
0
Current Estimated Value
$1,124,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,730
Avg. Annual Appreciation
6.01%
Original Mortgage
$275,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Kramer Georgayn C $615,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Georgayn C $472,475
Closed Kramer Georgayn C $20,000
Closed Kramer Georgayn C $500,000
Closed Kramer Georgayn C $55,000
Closed Kramer Georgayn C $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2014 12/05/14 Sold $615,000 -5.4% $192 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
12/04/2014 12/04/14 For Sale $650,000 -- $203 / 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 $11,246 $1,000,700 $571,500 $429,200
2022 $9,784 $836,000 $394,000 $442,000
2021 $8,479 $771,000 $394,000 $377,000
2020 $8,757 $681,000 $320,000 $361,000
2019 $8,600 $678,000 $320,000 $358,000
2018 $9,427 $665,000 $320,000 $345,000
2017 $7,862 $604,000 $264,000 $340,000
2016 $8,005 $596,000 $264,000 $332,000
2015 $7,530 $552,000 $220,000 $332,000
2014 -- $524,000 $200,000 $324,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4700923

REALTOR® Association of Southern Minnesota

APN: 05-117-22-13-0023