1981 Fagerness Point Rd Wayzata, MN 55391
5
Beds
4.5
Baths
4,832
Sq Ft
0.63
Acres
Highlights
- Lake Front
- Beach Access
- Loft
- Hilltop Primary School Rated A
- Main Floor Primary Bedroom
- 1 Fireplace
About This Home
As of May 2025Discover this stunning, completely remodeled 4,800+ square foot home in the highly sought-after Fagerness Point neighborhood of Orono, overlooking beautiful Lake Minnetonka. Boasting a main floor primary bedroom and four additional bedrooms on one level, this residence offers ample space with five luxurious baths. Enjoy the elegance of hardwood and tile floors throughout and relax in the spacious family rooms on both the lower and upper levels. With accessible shoreline on both sides of the home you can enjoy West facing sunsets as well as Easterly sunrises. This lakefront gem with 268’ of shoreline features breathtaking West Arm Bay views that make it perfect for lakeside living. Don't miss this rare opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,580
Year Built
- Built in 2009
Lot Details
- 0.63 Acre Lot
- Lake Front
Parking
- 3 Car Attached Garage
- Tuck Under Garage
- Guest Parking
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Family Room
- Living Room
- Home Office
- Loft
- Play Room
- Lake Views
Kitchen
- Freezer
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Sump Pump
- Drain
- Basement Storage
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- Geothermal Heating and Cooling
Additional Features
- Air Exchanger
- Beach Access
Community Details
- No Home Owners Association
- Fagerness Subdivision
Listing and Financial Details
- Assessor Parcel Number 1811723140005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2024
Closed on
May 8, 2025
Sold by
Lehr Ashley M and Lehr Adam K
Bought by
Boe Baxter Christian and Mehlhaff Samantha Lee
Seller's Agent
Andrew Spilseth
Compass
Buyer's Agent
Patrick White
RE/MAX Results
List Price
$3,645,000
Sold Price
$3,289,000
Premium/Discount to List
-$356,000
-9.77%
Views
119
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.08%
Original Mortgage
$1,953,666
Outstanding Balance
$1,953,666
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,523,747
Purchase Details
Closed on
Jan 12, 2024
Sold by
Denali Custom Homes Inc
Bought by
Lehr Adam K and Lehr Ashley M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.95%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 30, 2023
Sold by
Hartung Nicole
Bought by
Denali Custom Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,331,250
Interest Rate
6.57%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 29, 2016
Sold by
Hartung Kip and Hartung Nicole
Bought by
Hartung Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
May 24, 2011
Closed on
Apr 19, 2012
Sold by
Whittington Michael T and Whittington Julie A
Bought by
Hartung Kip and Hartung Nicole
Seller's Agent
Gregg Larsen
Coldwell Banker Burnet
Buyer's Agent
Janine Watson Hurlburt
RE/MAX Results
List Price
$1,799,900
Sold Price
$1,567,500
Premium/Discount to List
-$232,400
-12.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$837,000
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 19, 2000
Sold by
Christiansen Charles M and Christiansen Edith A
Bought by
Whittington Michael T and Groenke Julie 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 | $3,289,000 | First American Title | |
| Warranty Deed | $3,000,000 | First American Title Insurance | |
| Warranty Deed | $1,765,000 | Carver County Abstract & Title | |
| Interfamily Deed Transfer | -- | Servicelink | |
| Warranty Deed | $1,567,500 | Burnet Title | |
| Warranty Deed | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,953,666 | New Conventional | |
| Previous Owner | $3,000,000 | Construction | |
| Previous Owner | $1,331,250 | Construction | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $837,000 | Credit Line Revolving | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $3,289,000 | 0.0% | $681 / Sq Ft |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | Off Market | $3,289,000 | -- | -- |
| 04/09/2025 04/09/25 | Price Changed | $3,499,000 | -1.4% | $724 / Sq Ft |
| 03/19/2025 03/19/25 | Price Changed | $3,549,000 | -1.4% | $734 / Sq Ft |
| 03/10/2025 03/10/25 | Price Changed | $3,599,000 | -1.3% | $745 / Sq Ft |
| 02/06/2025 02/06/25 | For Sale | $3,645,000 | +10.8% | $754 / Sq Ft |
| 02/03/2025 02/03/25 | Off Market | $3,289,000 | -- | -- |
| 01/13/2025 01/13/25 | Price Changed | $3,645,000 | -1.4% | $754 / Sq Ft |
| 12/12/2024 12/12/24 | Price Changed | $3,695,000 | -2.6% | $765 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $3,795,000 | -2.6% | $785 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $3,895,000 | -2.5% | $806 / Sq Ft |
| 11/07/2024 11/07/24 | For Sale | $3,995,000 | +154.9% | $827 / Sq Ft |
| 04/19/2012 04/19/12 | Sold | $1,567,500 | -12.9% | $380 / Sq Ft |
| 02/27/2012 02/27/12 | Pending | -- | -- | -- |
| 05/24/2011 05/24/11 | For Sale | $1,799,900 | -- | $436 / 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 | $26,580 | $2,587,000 | $1,312,700 | $1,274,300 |
| 2022 | $20,103 | $2,263,000 | $1,193,000 | $1,070,000 |
| 2021 | $18,336 | $1,848,000 | $988,000 | $860,000 |
| 2020 | $17,299 | $1,681,000 | $950,000 | $731,000 |
| 2019 | $16,890 | $1,500,000 | $785,000 | $715,000 |
| 2018 | $16,143 | $1,456,000 | $805,000 | $651,000 |
| 2017 | $16,932 | $1,385,000 | $775,000 | $610,000 |
| 2016 | $16,794 | $1,368,000 | $775,000 | $593,000 |
| 2015 | $18,181 | $1,443,000 | $850,000 | $593,000 |
| 2014 | -- | $1,410,000 | $850,000 | $560,000 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Spilseth
Seller's Agent in 2025
Andrew Spilseth
Compass
(612) 396-2951
24 in this area
157 Total Sales
-
T. Cody Turnquist
Seller Co-Listing Agent in 2025
T. Cody Turnquist
Compass
(612) 578-1093
13 in this area
112 Total Sales
-
Patrick White
Buyer's Agent in 2025
Patrick White
RE/MAX Results
(763) 245-4067
1 in this area
43 Total Sales
-
G
Seller's Agent in 2012
Gregg Larsen
Coldwell Banker Burnet
-
J
Buyer's Agent in 2012
Janine Watson Hurlburt
RE/MAX
Map
Source: NorthstarMLS
MLS Number: 6623996
APN: 18-117-23-14-0005
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