NOT LISTED FOR SALE

1937 Fagerness Point Rd Wayzata, MN 55391

Estimated Value: $1,804,000 - $2,580,000

4 Beds
3 Baths
3,310 Sq Ft
$635/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $1,890,000 $571 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,994/month

3 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Fireplace in Primary Bedroom
  • Home Office
  • Hilltop Primary School Rated A
  • No HOA
  • 3 Car Attached Garage

About This Home

As of March 2022

Beautiful, recently remodeled home in the quiet, walkable Fagerness Point neighborhood. 2014 whole home remodel included new kitchen, bathrooms, floors, vaulted ceilings, fireplace addition, mud room (2021), master closet, office (2019) and much more. The ¾ acre lot has 75’ of lakeshore and expansive views to the entrance of West Arm Bay. 72’ of dock includes two 32’ boat houses as well as a lakeside firepit. 2021 landscaping project: driveway expansion, retaining walls, landscape lighting, steps, irrigation, outdoor shower + more. Seconds to Lord Fletchers, Lafayette Country Club and the Dakota Trail. 7 minutes to downtown Wayzata. 3 car garage as well as a huge deck with hot tub hookup. Must see!

Last Listed By

Andrew Spilseth

Compass Listed on: 03/10/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,327

Year Built

  • Built in 1992

Lot Details

  • 0.75 Acre Lot
  • 75 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Parking

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

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fagerness Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1711723230012

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,327

Year Built

Built in 1992

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: 1992
  • Above Grade Finished Sq Ft: 2200
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full
  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Primary Bedroom
  • Living Area: 3310
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1110
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office
  • SqFtTotal: 3370.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • Lake Acres: 14729
  • Lake Bottom: Sand,Soft
  • LakeChain: N
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 660
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Dock,Hardwood Floors,Hot Tub,Indoor Sprinklers,Skylight,Boat Slip,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,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: 32670
  • 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: Other

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1711723230012
  • Tax Annual Amount: 6327
  • TaxWithAssessments: 6327.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jul 8, 2013
Sold by
Roberts Richard D and Kaercher Roberts Collette M
Bought by
Boldenow Ellie L
Seller's Agent
Travis Senenfelder
Coldwell Banker Realty
List Price
$599,900
Sold Price
$589,000
Premium/Discount to List
-$10,900
-1.82%
Total Days on Market
3
Current Estimated Value
$2,101,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,512,584
Avg. Annual Appreciation
10.71%
Original Mortgage
$412,300
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Boldenow Ellie L $589,000 Title Mark
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Chesapeake Holdings Ll $1,323,000
Closed Boldenow Ellie L $347,252
Closed Boldenow Ellie L $412,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $1,890,000 +11.5% $571 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $1,695,000 +187.8% $512 / Sq Ft
07/08/2013 07/08/13 Sold $589,000 -1.8% $310 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $599,900 -- $316 / 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 $16,106 $1,602,900 $935,400 $667,500
2022 $6,596 $835,000 $509,000 $326,000
2021 $6,327 $666,000 $393,000 $273,000
2020 $6,236 $638,000 $382,000 $256,000
2019 $6,028 $597,000 $347,000 $250,000
2018 $6,105 $577,000 $333,000 $244,000
2017 $6,783 $608,000 $385,000 $223,000
2016 $6,431 $579,000 $385,000 $194,000
2015 $6,538 $576,000 $385,000 $191,000
2014 -- $625,000 $470,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6160268

NorthstarMLS

APN: 17-117-23-23-0012