1971 Fagerness Point Rd Wayzata, MN 55391
3
Beds
3.5
Baths
3,308
Sq Ft
0.35
Acres
Highlights
- 150 Feet of Waterfront
- Lake View
- Living Room with Fireplace
- Hilltop Primary School Rated A
- Deck
- No HOA
About This Home
As of April 2025This beautiful turn-key home is completely remodeled inside and out- move in and enjoy! Walls of windows showcase breathtaking panoramic lake views from every room! Natural light abounds in this open and airy floorplan. Beautifully sited on the Fagerness Point peninsula, offering unparalleled east and west-facing water views with spectacular sunrises + sunsets. Features include the gourmet kitchen with Cambria countertops, expansive island, pizza oven and wine fridge- ideal for when entertaining guests! Primary suite with fireplace, walk-in closet and spa-like bath with slate floor; newly finished lower-level with exercise room, ¾ bath, guest bedroom and dog wash; and all new custom landscaping, opened up to maximize water views! Additional features include new electrical; plumbing; spray foam insulation; hardwood floors on main and upper levels; all new Marvin doors, windows and 4-panel sliders; new roof + siding; new granite stairways with boulders and rip-rap shoreline. Complete list of improvements attached as supplement. Ideally located close to parks and the Lake Minnetonka Regional Trail!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-597-0424 Listed on: 10/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,123
Year Built
- Built in 1946
Lot Details
- 0.35 Acre Lot
- 150 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Property has an invisible fence for dogs
Parking
- 2 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Sitting Room
- Home Gym
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Sump Pump
- Drain
- Basement Storage
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1811723140007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Apr 14, 2025
Sold by
Schugel James E and Schugel Jennifer A
Bought by
Timothy J Mathison And Julie H Mathison Revoc and Mathison
Seller's Agent
Jeffrey Dewing
Coldwell Banker Realty
Buyer's Agent
Susan Melbye
Edina Realty, Inc.
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%
Views
73
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Purchase Details
Closed on
Dec 30, 2016
Sold by
Delay William L and Delay Lori A
Bought by
Schugel James E and Schugel Jennifer A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,800
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2000
Sold by
Monterson Thomas O and Mortenson Patricia A
Bought by
Delay William L and Delay Lori A
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,000,000 | Burnet Title | |
| Warranty Deed | $911,000 | None Available | |
| Warranty Deed | $911,000 | Entitle Inc | |
| Warranty Deed | $477,546 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $675,800 | New Conventional | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $728,800 | New Conventional | |
| Previous Owner | $638,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $401,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $417,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $3,000,000 | -6.1% | $907 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $3,195,000 | +6.5% | $966 / Sq Ft |
| 01/14/2025 01/14/25 | Off Market | $3,000,000 | -- | -- |
| 10/19/2024 10/19/24 | For Sale | $3,195,000 | -- | $966 / 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 | $16,123 | $1,604,500 | $1,023,200 | $581,300 |
| 2022 | $11,613 | $1,382,000 | $930,000 | $452,000 |
| 2021 | $10,092 | $1,105,000 | $770,000 | $335,000 |
| 2020 | $10,744 | $965,000 | $740,000 | $225,000 |
| 2019 | $10,785 | $965,000 | $612,000 | $353,000 |
| 2018 | $9,741 | $962,000 | $628,000 | $334,000 |
| 2017 | $9,566 | $821,000 | $582,000 | $239,000 |
| 2016 | $9,505 | $813,000 | $582,000 | $231,000 |
| 2015 | $10,513 | $872,000 | $641,000 | $231,000 |
| 2014 | -- | $862,000 | $641,000 | $221,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Dewing
Seller's Agent in 2025
Jeffrey Dewing
Coldwell Banker Realty
(612) 597-0424
27 in this area
206 Total Sales
-
Susan Melbye
Buyer's Agent in 2025
Susan Melbye
Edina Realty, Inc.
(952) 239-0379
3 in this area
167 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6616732
APN: 18-117-23-14-0007
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