NOT LISTED FOR SALE

18855 Ridgewood Rd Wayzata, MN 55391

Estimated Value: $1,336,000 - $1,469,893

5 Beds
5 Baths
4,640 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $1,350,000 $291 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,672/month

122 Days on Market

Highlights

  • Home fronts a pond
  • 90,605 Sq Ft lot
  • 4 Fireplaces
  • Deephaven Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of October 2024

Welcome to a unique opportunity to own a gorgeous property with amazing views located on 2+ acres in high-demand Deephaven, just steps from Lake Minnetonka. The property is truly an oasis with a private backyard surrounded by mature trees and buffered by wetlands. The beautifully updated home features an open-concept kitchen/living room area and office space on the main floor, plus 4 bedrooms on the second level next to the conveniently located laundry room. You will love the wood floors, marble countertops, heated tile, and cozy fireplaces. The other wing of the house is fully equipped with another bedroom and bathroom, gorgeous full kitchen, and laundry, which is perfect for hosting guests, family and the possibilities are unlimited. The oversized garage space is heated/cooled with a workshop/man-cave area or could be used as an at home fitness room. The entertaining potential is unlimited. Since 2021 many updates have been made: including the roof, windows, siding, furnaces, well, and driveway. This home truly has it all for families in any life stage – all within walking distance to the Deephaven Elementary School, regional bike trail, and several parks/beaches in the area. Carson's Bay boat launch is just a half mile away with exclusive vehicle parking and access to boat slips for Deephaven residents.

Last Buyer's Agent

Denise Sartor

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,161

Year Built

  • Built in 1956

Lot Details

  • 2.08 Acre Lot
  • Lot Dimensions are 270'x68'x154'x68'x77'x405'x182'
  • Home fronts a pond
  • Irregular Lot
  • Many Trees

Parking

  • 4 Car Attached Garage
  • Insulated Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 2-Story Property
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Workshop
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1911722330006

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,161

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: Well
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 4112
  • Water Body Name: Unnamed Lake
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Slab
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 4640
  • Below Grade Finished Sq Ft: 528
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Three Season Porch, Laundry, Foyer, Bedroom 5, Deck, Workshop, Storage

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Tar/Gravel
  • PoolFeatures: None
  • View: Panoramic
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Insulated Garage, Other

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 270'X68'X154'X68'X77'X405'X182'
  • Lot Size Sq Ft: 90604.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1911722330006
  • Tax Annual Amount: 13161
  • TaxWithAssessments: 13161.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Oct 15, 2024
Sold by
Balogh Taylor Edward and Balogh Aisha Danielle-Be
Bought by
Mehta Apur and Mehta Sengsadeth
Buyer's Agent
Denise Sartor
Keller Williams Classic Rlty NW
List Price
$1,699,000
Sold Price
$1,350,000
Premium/Discount to List
-$349,000
-20.54%
Views
131
Current Estimated Value
$1,409,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,973
Avg. Annual Appreciation
4.23%
Original Mortgage
$1,080,000
Outstanding Balance
$963,716
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$446,257

Purchase Details

Closed on
Jan 24, 2023
Sold by
Strickland Nancy
Bought by
Strickland Nancy and Balogh Taylor Edward

Purchase Details

Closed on
Mar 12, 2020
Sold by
Balogh Taylor Edward and Balogh Aisha Danielle-Be
Bought by
Balogh Taylor Edward and Balogh Aisha Danielle-Bea

Purchase Details

Closed on
Jul 30, 2019
Sold by
Holmgren Janet H
Bought by
Strickland Nancy

Purchase Details

Closed on
May 20, 2019
Sold by
Holmgren Janet H
Bought by
Strickland Nancy

Purchase Details

Closed on
Oct 30, 2013
Sold by
Holmgren Janet H and Holmgren Robert F
Bought by
Holmgren Janet H and Janet H Holmgren Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Mehta Apur $1,350,000 Titlesmart
Strickland Nancy -- None Listed On Document
Balogh Taylor Edward -- None Listed On Document
Strickland Nancy $260,164 None Listed On Document
Strickland Nancy $516,100 Title One Inc
Strickland Nancy -- Title One Inc
Holmgren Janet H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Apur $1,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $1,350,000 -9.9% $291 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
07/28/2024 07/28/24 Price Changed $1,499,000 -3.2% $323 / Sq Ft
07/28/2024 07/28/24 Price Changed $1,549,000 -3.1% $334 / Sq Ft
07/09/2024 07/09/24 Price Changed $1,599,000 -5.9% $345 / Sq Ft
06/04/2024 06/04/24 For Sale $1,699,000 -- $366 / Sq Ft
Source: NorthstarMLS

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 $15,505 $1,254,300 $430,900 $823,400
2023 $14,359 $1,221,700 $430,900 $790,800
2022 $8,340 $1,122,000 $375,000 $747,000
2021 $7,210 $673,000 $320,000 $353,000
2020 $7,465 $592,000 $309,000 $283,000
2019 $7,510 $589,000 $306,000 $283,000
2018 $7,644 $595,000 $306,000 $289,000
2017 $7,707 $603,000 $306,000 $297,000
2016 $7,841 $603,000 $291,000 $312,000
2015 $7,078 $548,000 $264,000 $284,000
2014 -- $495,000 $229,000 $266,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6546394

NorthstarMLS

APN: 19-117-22-33-0006