NOT LISTED FOR SALE

1990 Spates Ave Wayzata, MN 55391

Orono Area

Estimated Value: $463,032

3 Beds
1 Bath
1,237 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2026

Last sale price $425,000 $344 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,824 / mo

15 Days on Market

Highlights

  • Lake View
  • No HOA
  • Eat-In Kitchen
  • Schumann Elementary School Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2026

Rare opportunity to own in a premier Lake Minnetonka location at an approachable price. Relax and take in the good vibes with genuine year-round views of Smiths Bay from the main living spaces, bedrooms, and both the front and backyard—a gem of a find. Just steps to the paved Dakota Rail Regional Trail, with lake access all around and a marina across the street including Your Boat Club. Only minutes to Navarre, Long Lake, and downtown Wayzata, and located within the highly regarded Orono Schools. The home offers great charm and livability today, with strong upside for updates and improvements. Ideal for buyers looking to build equity in an unbeatable setting.

Last Agent to Sell the Property

Ben Johnson

Compass Listed on: 05/08/2026

Compass

Last Buyer's Agent

Jack Pipkorn

Coldwell Banker Realty - Southwest Regional

Coldwell Banker Realty - Southwest Regional
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x129x50x128
  • Few Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,237 Sq Ft Home
  • 1.5-Story Property
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1011723420023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,521

Year Built

Built in 1950

Lot Details

6,534 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Wood
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1237
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Living Area: 1237
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: East, Lake
  • Foundation Details: Block
  • Lake Bottom: Sand

Garage/Parking

  • Parking Features: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors, Panoramic View

Schools

  • Junior High Dist: Orono
  • SchoolDistrictPhone: 9524498305

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 50X129X50X128
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 1011723420023
  • Tax Annual Amount: 2521.34
  • TaxWithAssessments: 2521.34

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2026
Closed on
Jul 14, 2026
Sold by
Minnetonka Re Llc
Bought by
Seller's Agent
Ben Johnson
Compass
Buyer's Agent
Jack Pipkorn
Coldwell Banker Realty - Southwest Regional
List Price
$395,000
Sold Price
$425,000
Premium/Discount to List
$30,000
7.59%
Views
60
Current Estimated Value
$463,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,032
Avg. Annual Appreciation
37.36%

Purchase Details

Listed on
May 8, 2026
Closed on
Jun 9, 2026
Sold by
Buckley Susan
Bought by
Zurn Jack
Seller's Agent
Ben Johnson
Compass
Buyer's Agent
Jack Pipkorn
Coldwell Banker Realty - Southwest Regional
List Price
$395,000
Sold Price
$425,000
Premium/Discount to List
$30,000
7.59%
Views
60

Purchase Details

Closed on
Feb 27, 2024
Sold by
Fogarty Jenny and Fogarty Greg
Bought by
Buckley Susan R

Purchase Details

Closed on
Jan 9, 1996
Sold by
Lindberg Janet K
Bought by
Blankenship Timothy E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wayzata, MN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 Results Title
Buckley Susan R $500 None Listed On Document
Blankenship Timothy E $96,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $45,000
Previous Owner Blankenship Timothy E $80,645
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2026 06/15/26 Sold $425,000 0.0% $344 / Sq Ft
05/28/2026 05/28/26 Pending -- -- --
05/16/2026 05/16/26 Off Market $425,000 -- --
05/13/2026 05/13/26 For Sale $395,000 -- $319 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,521 $276,300 $111,700 $164,600
2024 $2,347 $257,300 $107,300 $150,000
2023 $2,280 $252,100 $104,500 $147,600
2022 $2,022 $223,000 $80,000 $143,000
2021 $1,954 $203,000 $80,000 $123,000
2020 $1,924 $197,000 $74,000 $123,000
2019 $1,943 $187,000 $63,000 $124,000
2018 $1,995 $186,000 $74,000 $112,000
2017 $1,916 $179,000 $74,000 $105,000
2016 $1,781 $169,000 $74,000 $95,000
2015 $1,699 $163,000 $74,000 $89,000
2014 -- $152,000 $78,000 $74,000
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 7062030

NorthstarMLS

APN: 10-117-23-42-0023

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