NOT LISTED FOR SALE

18985 Lake Ave Wayzata, MN 55391

Estimated Value: $1,456,000 - $1,732,000

5 Beds
5 Baths
4,099 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 18985 Lake Ave, Wayzata, MN 55391 and is currently estimated at $1,598,817, approximately $390 per square foot. 18985 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
May 28, 2022
Sold by
Hoehn Michael J and Hoehn Katrien
Bought by
Steadman Samuel C and Steadman Shea
Current Estimated Value
$1,598,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Outstanding Balance
$1,121,098
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$477,719

Purchase Details

Closed on
May 27, 2022
Sold by
Hoehn Michael and Leys Katrien
Bought by
Steadman Samuel and Steadman Shea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Outstanding Balance
$1,121,098
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$477,719

Purchase Details

Closed on
Sep 11, 2015
Sold by
Iannazzo Anthony C and Iannazzo Jennifer L
Bought by
Hoehn Michael J and Leys Katrien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 25, 2010
Sold by
Landis Mitchell S and Landis Nancy R
Bought by
Iannazzo Jennife Rl and Iannazzo Anthony C

Purchase Details

Closed on
Jun 17, 2002
Sold by
Landis Terrance and Landis Barbara
Bought by
Landis Mitchell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Steadman Samuel C $1,475,000 Watermark Title
Steadman Samuel $1,475,000 --
Hoehn Michael J $675,000 First American Title Ins Co
Iannazzo Jennife Rl $751,000 --
Landis Mitchell $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steadman Samuel C $1,180,000
Previous Owner Hoehn Michael J $75,000
Previous Owner Hoehn Michael J $417,000
Source: Public Records

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 $14,691 $1,200,000 $409,500 $790,500
2023 $14,003 $1,200,100 $266,800 $933,300
2022 $9,091 $947,000 $239,000 $708,000
2021 $8,762 $730,000 $186,000 $544,000
2020 $8,960 $706,000 $179,000 $527,000
2019 $8,652 $695,000 $175,000 $520,000
2018 $8,857 $677,000 $175,000 $502,000
2017 $8,955 $689,000 $175,000 $514,000
2016 $9,818 $735,000 $152,000 $583,000
2015 $8,895 $668,000 $138,000 $530,000
2014 -- $622,000 $120,000 $502,000
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

18985 Lake Ave, Wayzata, MN

Not Listed for Sale

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