NOT LISTED FOR SALE

2109 Lake Rd Wayzata, MN 55391

Estimated Value: $3,249,000 - $3,740,000

5 Beds
4.5 Baths
4,912 Sq Ft
$718/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $1,715,000 $349 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $21,946/month

30 Days on Market

Highlights

  • Lake Front
  • Beach View
  • Heated In Ground Pool
  • Schumann Elementary School Rated A-
  • Dock Available
  • Family Room with Fireplace

About This Home

As of July 2017

A stunning renovation in which impeccable cottage style updates blend seamlessly with original vintage charm, this enchanting lakeshore jewel is truly in a class of its own. Circle drive, wraparound front porch and open, flowing floorplan ideal for family living and entertaining. Lower level has 989 additional mostly finished square feet. Lakeshore living at its finest with 115 feet of shoreline, dock, picturesque yard, gazebo and private pool in demand Minnetonka Beach. Orono schools.

Last Listed By

Kathleen Murphy

Compass Listed on: 04/05/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,457

Year Built

  • Built in 1910

Lot Details

  • 0.89 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Sprinkler System

Parking

  • 6 Car Detached Garage

Property Views

  • Beach
  • Lake

Home Design

  • Pitched Roof
  • Wood Shingle Roof
  • Wood Siding
  • Shake Siding
  • Stone Siding

Interior Spaces

  • 4,912 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump
  • Drain
  • Crawl Space

Outdoor Features

  • Heated In Ground Pool
  • Dock Available
  • Patio
  • Gazebo
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1611723310042

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,457

Year Built

Built in 1910

Lot Details

0

Parking

6

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Shakes, Wood
  • Garage Spaces: 6.00
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 4912.00
  • Above Grade Finished Area Search: 4912.00
  • Assessment Pending Y N: No
  • Carport Y N: No
  • Co Listing Association Office S K: 4268
  • Floor Plan Type: 4 BR on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 4268
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 4912.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1611723310042
  • Property Out Building Type: Gazebo
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Crawl Space, Drain Tiled, Partial, Sump Pump
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Furnace Humidifier, Microwave, Other, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener - Rented
  • Fireplace Features: Family Room, Gas Burning, Living Room, Other, Wood Burning
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Separate/Formal Dining Room
  • Family Room Features: Family Room, Main Level
  • Bathroom Type: Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Private Master, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Pitched, Wood Shingles
  • LakeAcres: 14729.56000
  • Waterfront View: Lake, South
  • PoolFeatures: Below Ground, Heated, Outdoor
  • Fencing: Chain Link, Partial, Wood
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Dock, Hardwood Floors, In-Ground Sprinkler, Natural Woodwork, Patio, Porch, Security System, Skylight, Tile Floors, Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 278 - Orono
  • School District Phone: 952-449-8305

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: No
  • Lot Size: S115x330x115x340
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Lot Size Acres: 0.8900
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: MINNETONKA BEACH ON LAKE MTKA THAT PART OF LOT 186 AND OF THE W 55 FT OF LOT 185 LYING SLY OF THE N 25 FT THOF INCL ADJ PART OF LAFAYETTE AVE VAC
  • Tax Amount: 20457.00
  • Tax Year: 2017
  • Tax With Assessments: 20457.10
  • Assessor Parcel Number: 1611723310042

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front, Lake View

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jul 25, 2017
Sold by
Miller Mary
Bought by
2109 Lake Llc
Seller's Agent
Kathleen Murphy
Compass
List Price
$1,749,000
Sold Price
$1,715,000
Premium/Discount to List
-$34,000
-1.94%
Total Days on Market
30
Current Estimated Value
$3,526,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,811,939
Avg. Annual Appreciation
9.09%
Original Mortgage
$1,500,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 19, 2013
Closed on
Apr 7, 2014
Sold by
Prange Mary Ann
Bought by
Miller Mary
Seller's Agent
Shelley Brenton
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,675,000
Premium/Discount to List
-$220,000
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%

Purchase Details

Closed on
Aug 26, 2004
Sold by
Spiker J Scott and Spiker Nancy I
Bought by
Prange Mary Ann

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
2109 Lake Llc $1,715,000 Edina Realty Title Inc
Miller Mary $1,675,000 Burnet Title
Prange Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2109 Lake Llc $1,350,000
Closed 2109 Lake Llc $1,479,000
Closed 2109 Lake Llc $1,500,000
Previous Owner Miller Mary Woodburn $1,458,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $1,715,000 -1.9% $349 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $1,749,000 +4.4% $356 / Sq Ft
04/07/2014 04/07/14 Sold $1,675,000 -11.6% $335 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
08/19/2013 08/19/13 For Sale $1,895,000 -- $379 / 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 $28,712 $2,479,000 $1,463,300 $1,015,700
2022 $26,001 $2,089,000 $1,272,000 $817,000
2021 $26,959 $1,977,000 $1,116,000 $861,000
2020 $23,707 $2,055,000 $1,170,000 $885,000
2019 $23,840 $1,720,000 $815,000 $905,000
2018 $20,861 $1,696,000 $807,000 $889,000
2017 $20,457 $1,417,000 $756,000 $661,000
2016 $19,793 $1,368,000 $756,000 $612,000
2015 $19,052 $1,324,000 $712,000 $612,000
2014 -- $1,018,000 $465,000 $553,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST4812449

NorthstarMLS

APN: 16-117-23-31-0042