18870 Lake Ave Wayzata, MN 55391
Estimated Value: $1,386,000 - $1,510,000
3
Beds
2
Baths
2,907
Sq Ft
$494/Sq Ft
Est. Value
About This Home
This home is located at 18870 Lake Ave, Wayzata, MN 55391 and is currently estimated at $1,435,557, approximately $493 per square foot. 18870 Lake Ave is a home located in Hennepin County with nearby schools including Deephaven Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2021
Sold by
Keller Kurt W and Keller Jennifer L
Bought by
Splett Erik A and Splett Stephanie A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$814,838
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$620,719
Purchase Details
Closed on
Aug 8, 2014
Sold by
Mcgary John C and Mcgary Jillian K
Bought by
Keller Kurt W and Keller Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2008
Sold by
Forsberg Ruth M
Bought by
Mcgary John C and Mcgary Lillian K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Splett Erik A | $1,200,000 | Watermark Title Agency | |
| Keller Kurt W | $805,000 | Custom Home Bldrs Title Llc | |
| Mcgary John C | $251,975 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Splett Erik A | $900,000 | |
| Previous Owner | Keller Kurt W | $603,750 |
Source: Public Records
Tax History Compared to Growth
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 | $15,960 | $1,296,900 | $413,400 | $883,500 |
| 2023 | $15,262 | $1,301,100 | $263,900 | $1,037,200 |
| 2022 | $11,683 | $1,223,000 | $237,000 | $986,000 |
| 2021 | $11,269 | $916,000 | $184,000 | $732,000 |
| 2020 | $11,365 | $886,000 | $178,000 | $708,000 |
| 2019 | $11,115 | $861,000 | $173,000 | $688,000 |
| 2018 | $10,338 | $848,000 | $173,000 | $675,000 |
| 2017 | $10,454 | $791,000 | $173,000 | $618,000 |
| 2016 | $10,657 | $791,000 | $150,000 | $641,000 |
| 2015 | $8,226 | $624,000 | $137,000 | $487,000 |
| 2014 | -- | $418,000 | $118,000 | $300,000 |
Source: Public Records
Map
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