NOT LISTED FOR SALE

2400 Cedar Point Dr Wayzata, MN 55391

Estimated Value: $2,409,000 - $11,042,676

5 Beds
7 Baths
9,016 Sq Ft
$746/Sq Ft Est. Value

About This Home

This home is located at 2400 Cedar Point Dr, Wayzata, MN 55391 and is currently estimated at $6,725,838, approximately $745 per square foot. 2400 Cedar Point Dr is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2016
Sold by
Ray Edgar C and Ray Brenda Ann
Bought by
Ray Edgar C and Ray Brenda Ann
Current Estimated Value
$6,725,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Outstanding Balance
$2,905,817
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,820,021

Purchase Details

Closed on
May 14, 2014
Sold by
Morrison John L and Palmer Julla M
Bought by
Ray E Chip and Ray Brenda
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Ray Edgar C -- None Available
Ray E Chip $2,750,000 Guaranty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Edgar C $3,750,000
Source: Public Records

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
2024 $101,952 $9,679,700 $5,679,700 $4,000,000
2023 $90,326 $9,124,500 $5,163,400 $3,961,100
2022 $78,140 $7,984,000 $4,672,000 $3,312,000
2021 $77,251 $6,671,000 $3,876,000 $2,795,000
2020 $75,791 $6,563,000 $3,800,000 $2,763,000
2019 $77,147 $6,140,000 $3,278,000 $2,862,000
2018 $76,592 $6,083,000 $2,933,000 $3,150,000
2017 $50,462 $3,813,000 $2,933,000 $880,000
2016 $36,560 $2,639,000 $2,629,000 $10,000
2015 $45,865 $3,257,000 $2,993,000 $264,000
2014 -- $3,402,000 $3,125,000 $277,000
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

2400 Cedar Point Dr, Wayzata, MN

This home is located at 2400 Cedar Point Dr, Wayzata, MN 55391 and is currently estimated at $6,725,838, approximately $745 per square foot. 2400 Cedar Point Dr is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

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