18950 Lake Ave Wayzata, MN 55391
Estimated Value: $1,586,000 - $2,285,048
4
Beds
3.5
Baths
4,357
Sq Ft
$411/Sq Ft
Est. Value
Highlights
- New Construction
- Living Room with Fireplace
- Home Office
- Deephaven Elementary School Rated A
- No HOA
- 3 Car Attached Garage
About This Home
As of June 2023ABSOLUTELY STUNNING LDK HOMES CUSTOM BUILT TWO STORY WITH 5600 FINISHED SQ.FT OF LUXURY. CUSTOM DESIGNED WITH AMAZING QUALITY AND DETAILS THROUGHOUT! 10' CEILINGS ON THE MAIN LEVEL. PERFECT HOME FOR TODAY'S NEEDS. GOURMET KITCHEN, FORMAL DINING ROOM,HARDWOOD FLOORS,BEAUTIFUL SCREENED PORCH WITH FIREPLACE. MAIN LEVEL OFFICE, YOU'LL NOTICE ALL THE QUALITY & UPGRADED MILL WORK THROUGHOUT. LARGE WALK-IN PANTRY, EXPANDED MUDROOM WITH BUILT-INS, UNIQUE OVER-SIZED 3+ CAR GARAGE. UPSTAIRS INCLUDES UPPER LEVEL LAUNDRY WITH CONVENIENT BUILT INS AND FOLDING COUNTERS. EXPANSIVE BEDROOM SUITES AND LUXURY MASTER SUITE. AMAZING LOWER LEVEL WITH FULL BAR, RARE EXPANSIVE SPORT COURT WITH ADJOINING EXERCISE ROOM, PLUS A BONUS THEATER ROOM PERFECT FOR ENTERTAINING. AMAZING LOCATION CLOSE TO SHOPPING, LAKE MINNETONKA, STEPS TO THORPE PARK. AWARD WINNING MINNETONKA SCHOOLS. DON'T MISS THIS FANTASTIC PROPERTY.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,995
Year Built
- Built in 2022 | New Construction
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 100x140
Parking
- 3 Car Attached Garage
Home Design
- Pitched Roof
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Home Office
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Natural lighting in basement
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- 200+ Amp Service
Community Details
- No Home Owners Association
- Built by LDK BUILDERS INC
Listing and Financial Details
- Assessor Parcel Number 1811722330076
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2022
Closed on
Jun 30, 2023
Sold by
Ldk Builders Inc
Bought by
Barnes Jack O and Barnes Clare M
Seller's Agent
Lane Larson
RE/MAX Results
Buyer's Agent
Casie Pawlik
Compass
List Price
$2,095,000
Sold Price
$2,223,686
Premium/Discount to List
$128,686
6.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$434,674
Avg. Annual Appreciation
-10.30%
Original Mortgage
$2,024,682
Outstanding Balance
$1,988,632
Interest Rate
6.57%
Mortgage Type
VA
Estimated Equity
-$199,620
Purchase Details
Closed on
Jun 15, 2022
Sold by
Nje Holdings Llc
Bought by
Ldk Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.27%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 13, 2022
Sold by
Barstad Gary A
Bought by
Nje Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,600
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 11, 2021
Sold by
Barstad Gary A
Bought by
Deutsche Bank National Trust Company and Saxon Asset Securities Tr 2007 3 Mtg Lo
Purchase Details
Closed on
Jun 5, 2000
Sold by
Steingas David F and Steingas Layne
Bought by
Barstad Gary A
Purchase Details
Closed on
Sep 13, 1999
Sold by
Nordquist Ronald and Nordquist Vickie
Bought by
Steingas David F and Steingas Layne M
Similar Homes in Wayzata, MN
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 |
|---|---|---|---|
| Barnes Jack O | $2,223,685 | None Listed On Document | |
| Ldk Builders Inc | $480,000 | None Listed On Document | |
| Nje Holdings Llc | $380,000 | Titlenexus | |
| Deutsche Bank National Trust Company | $257,040 | None Available | |
| Barstad Gary A | $153,900 | -- | |
| Steingas David F | $98,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barnes Jack O | $2,024,682 | |
| Previous Owner | Ldk Builders Inc | $1,100,000 | |
| Previous Owner | Nje Holdings Llc | $387,600 | |
| Previous Owner | Barstad Gary A | $235,000 | |
| Previous Owner | Barstad Gary A | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $2,223,686 | +6.1% | $510 / Sq Ft |
| 07/20/2022 07/20/22 | Pending | -- | -- | -- |
| 07/20/2022 07/20/22 | For Sale | $2,095,000 | -- | $481 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2023 | $3,960 | $375,200 | $255,200 | $120,000 |
| 2022 | $4,951 | $424,000 | $229,000 | $195,000 |
| 2021 | $4,701 | $344,000 | $178,000 | $166,000 |
| 2020 | $4,645 | $329,000 | $172,000 | $157,000 |
| 2019 | $4,590 | $318,000 | $167,000 | $151,000 |
| 2018 | $4,520 | $317,000 | $167,000 | $150,000 |
| 2017 | $4,475 | $305,000 | $167,000 | $138,000 |
| 2016 | $4,197 | $281,000 | $145,000 | $136,000 |
| 2015 | $3,862 | $256,000 | $132,000 | $124,000 |
| 2014 | -- | $223,000 | $114,000 | $109,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lane Larson
Seller's Agent in 2023
Lane Larson
RE/MAX Results
(651) 402-7297
4 in this area
238 Total Sales
-
Scott Koppendrayer
Seller Co-Listing Agent in 2023
Scott Koppendrayer
Keller Williams Premier Realty Lake Minnetonka
(763) 268-9232
2 in this area
35 Total Sales
-
Casie Pawlik
Buyer's Agent in 2023
Casie Pawlik
Compass
(612) 868-5399
2 in this area
31 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6237478
APN: 18-117-22-33-0076
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