NOT LISTED FOR SALE

1920 Fagerness Point Rd Wayzata, MN 55391

Estimated Value: $2,548,810 - $2,911,000

5 Beds
3.5 Baths
3,676 Sq Ft
$751/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $2,650,000 $721 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,552/month

7 Days on Market

Highlights

  • 150 Feet of Waterfront
  • 88,427 Sq Ft lot
  • No HOA
  • Hilltop Primary School Rated A
  • Family Room with Fireplace
  • Double Oven

About This Home

As of June 2023

Lake Minnetonka Lakeshore! Turn-key opportunity with 150+ feet of level lakeshore and southerly views from almost every room. 2018-built home with crisp, nautical design, modern finishes and lots of natural light. Uniquely sited only 35’ from the shore providing a panorama of open water views. Center-island kitchen with Thermador appliances and enameled cabinetry. Large great room with hardwood floors, shiplap detail, and brick fireplace. Five bedrooms on the second floor including lakeside owner’s suite with luxury bath and walk-in closet. Large family room with fireplace and two additional baths complete this floor. Large heated three-car garage with lakeside garage door for boat/toy storage. Quiet neighborhood setting minutes to trails, parks, shopping and restaurants. Award-winning Westonka Schools. Also Orono School bus stop nearby for open enrolled students.

Last Listed By

Gregg Larsen

Coldwell Banker Realty Brokerage Phone: 612-719-4477 Listed on: 06/13/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,479

Year Built

  • Built in 2018

Lot Details

  • 2.03 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 3,676 Sq Ft Home
  • 2-Story Property
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Utility Room Floor Drain

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Hot Water Heating System
  • Water Filtration System

Additional Features

  • Air Exchanger
  • Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1711723230031

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,479

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 3676
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-719-4477
  • Attribution Contact: 612-719-4477
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Gas, Living Room
  • Living Area: 3676
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
  • SqFtTotal: 3676.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • View: Lake, Panoramic, South
  • PatioPorchType: Patio
  • Lake Acres: 14729
  • LakeChain: N
  • Waterfront Frontage: 150

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 890

Utilities

  • Heating: Forced Air, Hot Water, Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Panoramic View,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 88426.8
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1711723230031
  • Tax Annual Amount: 11479
  • TaxWithAssessments: 11479.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jun 28, 2023
Sold by
Daum George C and Daum Nora K
Bought by
Shannon F Kennedy And Rebecca S Kennedy Revoc and Kennedy
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Sean Skjerping
North Coast Realty
List Price
$2,749,000
Sold Price
$2,650,000
Premium/Discount to List
-$99,000
-3.6%
Total Days on Market
7
Views
30
Current Estimated Value
$2,762,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,270
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Sep 23, 2019
Sold by
Daum Nora K and Daum George C
Bought by
Daum George C and Daum Nora K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2018
Sold by
Daum George and Daum Nora K
Bought by
Daum Nora K and Daum George C

Purchase Details

Closed on
Sep 25, 2017
Sold by
Daum George and Daum Nora
Bought by
Daum George and Daum Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 10, 2012
Closed on
Jul 17, 2012
Sold by
Curtiss Camille P
Bought by
Daum George
Seller's Agent
John Hassler
LPT Realty, LLC
List Price
$674,900
Sold Price
$656,700
Premium/Discount to List
-$18,200
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$417,000
Interest Rate
3.65%
Mortgage Type
New Conventional

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
Shannon F Kennedy And Rebecca S Kennedy Revoc $2,650,000 Executive Title Services
Daum George C -- Executive Title
Daum Nora K -- None Available
Daum George -- Custom Home Builders Title L
Daum George $656,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daum George C $384,000
Previous Owner Daum George C $1,185,000
Previous Owner Daum George $1,200,000
Previous Owner Daum George $75,000
Previous Owner Daum George $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $2,650,000 -3.6% $721 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $2,749,000 +318.6% $748 / Sq Ft
07/20/2012 07/20/12 Sold $656,700 -2.7% $292 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $674,900 -- $300 / 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
2023 $14,849 $1,484,800 $749,300 $735,500
2022 $10,642 $1,229,000 $598,000 $631,000
2021 $10,138 $1,020,000 $495,000 $525,000
2020 $10,450 $969,000 $480,000 $489,000
2019 $5,262 $941,000 $437,000 $504,000
2018 $6,348 $515,000 $419,000 $96,000
2017 $7,018 $626,000 $476,000 $150,000
2016 $6,746 $603,000 $476,000 $127,000
2015 $6,901 $603,000 $476,000 $127,000
2014 -- $616,000 $501,000 $115,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6384976

NorthstarMLS

APN: 17-117-23-23-0031