Seller's Agent in 2021
Linda Mulligan
RE/MAX Results
(952) 553-0768
2 in this area
96 Total Sales
240 Wakefield Rd Wayzata, MN 55391
Estimated Value: $1,734,000 - $2,015,000
4
Beds
3.5
Baths
5,300
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- 128,502 Sq Ft lot
- Family Room with Fireplace
- Gazebo
- Gleason Lake Elementary School Rated A
- No HOA
- The kitchen features windows
About This Home
As of June 20213 minutes to DT Wayzata...3 acres of pristine wooded property w/pond, water features, summer cabin...backing onto the Luce line-one of the most beautiful properties that you don't have to mow! This home exudes peace and tranquility. Blt in '83, with thought to the environment, could easily be transformed into a modern contemporary or loved as it is. The summer house is perfect for overnights or just relaxing in a perfectly still natural setting. A large rambler with glorious natural light throughout-windows capturing nature within. Large, spacious BRs, finished walkout basement with 2 Brs, lge family rm, game room, exercise rm. and loads of storage. Abutting the Luce line, you can bike almost anywhere. The 13 x 23 summer cottage is a gem for enjoying the outdoors without the buzz...You can walk to Wayzata CC-pool & tennis or golf memberships available. Don't miss this extraordinary home in an extraordinary environment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,536
Year Built
- Built in 1983
Lot Details
- 2.95 Acre Lot
- Lot Dimensions are 200x400x300x310x239
- Cul-De-Sac
- Street terminates at a dead end
- Irregular Lot
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Flex
Interior Spaces
- 1-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Room
- Game Room with Fireplace
- Washer and Dryer Hookup
Kitchen
- Cooktop
- Dishwasher
- Trash Compactor
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Well
Additional Features
- Electronic Air Cleaner
- Gazebo
Community Details
- No Home Owners Association
- Wakefield Farms 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3611823310011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2021
Closed on
Jun 15, 2021
Sold by
Ferril Eleanor L and Eleanor L Ferril Revocable Tru
Bought by
Sansone Michael A and Bailey Erin M
Seller's Agent
Linda Mulligan
RE/MAX Results
List Price
$1,395,000
Sold Price
$1,395,000
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,898
Avg. Annual Appreciation
9.35%
Original Mortgage
$800,000
Outstanding Balance
$739,887
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,234,992
Purchase Details
Closed on
May 7, 2019
Sold by
Ferril Eleanor L
Bought by
Ferril Eleanor L and Ferril John D
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sansone Michael A | $1,395,000 | None Available | |
| Ferril Eleanor L | $500 | None Available | |
| Sansone Michael Michael | $1,395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sansone Michael A | $150,000 | |
| Open | Sansone Michael A | $800,000 | |
| Previous Owner | Ferril William C | $250,000 | |
| Previous Owner | Ferril William C | $175,000 | |
| Closed | Sansone Michael Michael | $794,144 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2021 06/18/21 | Sold | $1,395,000 | 0.0% | $263 / Sq Ft |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | Off Market | $1,395,000 | -- | -- |
| 04/30/2021 04/30/21 | For Sale | $1,395,000 | -- | $263 / 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 | $18,379 | $1,627,500 | $878,800 | $748,700 |
| 2022 | $16,476 | $1,502,000 | $784,000 | $718,000 |
| 2021 | $15,536 | $1,296,000 | $701,000 | $595,000 |
| 2020 | $16,872 | $1,225,000 | $642,000 | $583,000 |
| 2019 | $16,278 | $1,284,000 | $616,000 | $668,000 |
| 2018 | $14,214 | $1,245,000 | $595,000 | $650,000 |
| 2017 | $14,750 | $1,123,000 | $429,000 | $694,000 |
| 2016 | $13,838 | $1,032,000 | $429,000 | $603,000 |
| 2015 | $13,704 | $1,003,000 | $400,000 | $603,000 |
| 2014 | -- | $944,000 | $391,000 | $553,000 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Mulligan
Map
Similar Homes in Wayzata, MN
Source: NorthstarMLS
MLS Number: 5744356
APN: 36-118-23-31-0011
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