NOT LISTED FOR SALE

2327 Lafayette Rd Wayzata, MN 55391

Estimated Value: $1,342,000 - $1,852,288

3 Beds
2.5 Baths
2,534 Sq Ft
$651/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $722,900 $285 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $10,348/month

65 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Home Gym
  • Schumann Elementary School Rated A-
  • No HOA
  • 2 Car Detached Garage

About This Home

As of January 2017

Charming Cape Cod in Minnetonka Beach! This newly renovated home is ready for your year round enjoyment. Perfect blend where older charm meets new open floor plan including two fireplaces, breakfast nook, Carrara marble & soapstone counter-tops, large dining & gathering spaces, main floor laundry, front porch with lake view. Beautiful backyard includes heated garage. Lake access steps away includes a brick patio lake-side with city dock slip available to residents. Award winning Orono schools.

Last Listed By

Roger Schleper

Premier Real Estate Services Listed on: 10/13/2016

Premier Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,330

Year Built

  • Built in 1937

Lot Details

  • 0.42

Parking

  • 2 Car Detached Garage

Home Design

  • Pitched Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Home Gym
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Additional Features

  • Porch
  • 0.42 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1511723320054

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,330

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Wood
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1937
  • Above Grade Finished Sq Ft: 2534.00
  • Above Grade Finished Area Search: 2534.00
  • Below Grade Finished Sq Ft: 207.00
  • Carport Y N: No
  • Co Listing Association Office S K: 8368
  • Floor Plan Type: 3 BR on One Level
  • Foundation Area Units: Square Feet
  • Garage Area: 576.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 8368
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2741.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1511723320054
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Full, Partial Finished
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
  • Fireplace Features: Family Room, Gas Burning, Other, Wood Burning
  • Dining Room Features: Eat In Kitchen, Separate/Formal Dining Room
  • Family Room Features: Family Room, Main Level
  • Bathroom Type: Full Master, Main Floor 1/2 Bath, Private Master, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 207.00

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles, Pitched
  • LakeAcres: 14729.56000

Garage/Parking

  • Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Exercise Room, Hardwood Floors, Kitchen Window, Porch, 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: No
  • PropertyAttachedYN: No
  • Assessment Pending: Unknown
  • Lot Size: Irregular
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 0.4170
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 342 SUPPLEMENTAL PLAT OF MTKA BEACH
  • Tax Amount: 7330.00
  • Tax Year: 2016
  • Tax With Assessments: 7330.00
  • Assessor Parcel Number: 1511723320054

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Other

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Jan 12, 2017
Sold by
M5 Restoration
Bought by
Johnson Heather M
Seller's Agent
Roger Schleper
Premier Real Estate Services
List Price
$749,900
Sold Price
$722,900
Premium/Discount to List
-$27,000
-3.6%
Total Days on Market
65
Current Estimated Value
$1,650,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,422
Avg. Annual Appreciation
10.43%
Original Mortgage
$717,300
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 30, 2015
Closed on
Oct 20, 2015
Sold by
Stockinger Michael J and Mohn Robin Marie
Bought by
Home Swede Home Llc and M5 Restoration Llc
Seller's Agent
Mimi Bendickson
Compass
Buyer's Agent
Jacob Manning
Coldwell Banker Burnet
List Price
$459,900
Sold Price
$453,900
Premium/Discount to List
-$6,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.99%

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
Johnson Heather M $361,450 Dca Title
Johnson Heather M $361,450 Dca Title
Home Swede Home Llc $453,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Heather $1,422,400
Closed Johnson Heather M $717,300
Previous Owner Stockinger Michael J $75,000
Previous Owner Stockinger Michael J $50,000
Previous Owner Stockinger Michael J $251,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $722,900 -0.3% $285 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
11/02/2016 11/02/16 Price Changed $724,900 -3.3% $286 / Sq Ft
10/13/2016 10/13/16 For Sale $749,900 +65.2% $296 / Sq Ft
10/20/2015 10/20/15 Sold $453,900 -1.3% $209 / Sq Ft
09/30/2015 09/30/15 For Sale $459,900 -- $212 / 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 $14,371 $1,283,600 $624,000 $659,600
2022 $10,135 $940,000 $520,000 $420,000
2021 $9,528 $823,000 $470,000 $353,000
2020 $9,545 $781,000 $444,000 $337,000
2019 $9,148 $743,000 $383,000 $360,000
2018 $8,961 $703,000 $365,000 $338,000
2017 $7,479 $572,000 $357,000 $215,000
2016 $7,330 $561,000 $357,000 $204,000
2015 $7,038 $544,000 $340,000 $204,000
2014 -- $438,000 $248,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 4769955

NorthstarMLS

APN: 15-117-23-32-0054