NOT LISTED FOR SALE

2022 Lake Rd Wayzata, MN 55391

Estimated Value: $1,169,000 - $1,247,000

3 Beds
1.5 Baths
1,546 Sq Ft
$792/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $770,000 $498 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,876/month

54 Days on Market

Highlights

  • Lake View
  • Family Room with Fireplace
  • Porch
  • Schumann Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2024

(Very likely remodel or livable teardown). Welcome to the Village of Minnetonka Beach! What started in 1882 as a resort destination for James J. Hill's first Lake Minnetonka resort, Hotel Lafayette, has continued that relaxed, destination vibe ever since. With a village dock program, beach, parks and nature trails, along with Lafayette Club and the convenience of Navarre and Wayzata just down the road, The Beach offers a great mix of small town feel plus easy amenities and freeway access. The Dakota Regional Trail offers a paved trail to Wayzata and beyond (to Minneapolis / St. Paul) or westward to Mound and beyond. 2022 Lake Rd offers a 150x100 - . 35 acre lot and a home that could be renovated or you can build your dream on this walkout lot. Limited lake views to south; western yard exposure for possible pool. Orono Schools. House is available to show with notice - REMODEL or TEARDOWN likely. Trash and recycle included in utility bills. Sold As-Is.

Last Agent to Sell the Property

Philip Peterson

Coldwell Banker Realty Brokerage Phone: 952-451-0284 Listed on: 04/29/2024

Coldwell Banker Realty

Co-Listed By

Ian Petersen

Coldwell Banker Realty Brokerage Phone: 952-451-0284

Last Buyer's Agent

Molly Hangartner

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,554

Year Built

  • Built in 1960

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x150
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Lake Views
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Townsite Of Langdon Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1611723310048

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,554

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1104
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-451-0284
  • Attribution Contact: 952-451-0284
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Walkout
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 1546
  • Below Grade Finished Sq Ft: 442
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Three Season Porch
  • SqFtTotal: 1546.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: South
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Tuckunder Garage
  • Garage Square Feet: 440

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 100x150
  • Lot Size Sq Ft: 15246
  • Land Lease: No
  • Lot Features: Tree Coverage - Light, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1611723310048
  • Tax Annual Amount: 6554
  • TaxWithAssessments: 6553.5000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Sep 6, 2024
Sold by
Hanssen Paul and Hanssen Leann
Bought by
Gadaskin Roman
Seller's Agent
Philip Peterson
Coldwell Banker Realty
Buyer's Agent
Molly Hangartner
LPT Realty, LLC
List Price
$829,000
Sold Price
$770,000
Premium/Discount to List
-$59,000
-7.12%
Views
61
Current Estimated Value
$784,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,146
Avg. Annual Appreciation
67.43%
Original Mortgage
$648,000
Outstanding Balance
$166,130
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$1,058,346

Purchase Details

Closed on
Aug 14, 2015
Sold by
Baxter Karin Z
Bought by
Hanssen Paul and Hanssen Leann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

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
Gadaskin Roman $770,000 --
Gadaskin Roman $770,000 Edgewater Title
Hanssen Paul $307,252 Title Recording Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadaskin Roman $648,000
Closed Gadaskin Roman $770,000
Previous Owner Hanssen Paul $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $770,000 -7.1% $498 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $829,000 -- $536 / 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 $6,554 $631,900 $487,000 $144,900
2022 $4,556 $540,000 $400,000 $140,000
2021 $4,278 $401,000 $281,000 $120,000
2020 $4,314 $379,000 $267,000 $112,000
2019 $4,151 $362,000 $247,000 $115,000
2018 $4,240 $343,000 $236,000 $107,000
2017 $3,926 $308,000 $204,000 $104,000
2016 $4,108 $328,000 $204,000 $124,000
2015 $3,966 $319,000 $195,000 $124,000
2014 -- $257,000 $147,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6527026

NorthstarMLS

APN: 16-117-23-31-0048