NOT LISTED FOR SALE

2406 Lafayette Rd Wayzata, MN 55391

Estimated Value: $3,360,579 - $3,867,000

4 Beds
3.5 Baths
4,712 Sq Ft
$757/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $2,432,000 $516 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $22,865/month

10 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Family Room with Fireplace
  • Schumann Elementary School Rated A-
  • Heated In Ground Pool
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Long admired quintessential Nantucket inspired Minnetonka Beach home with stunning views all the way to the Minneapolis skyline: lakeside pool with flagstone patio, boat house overlooking sandy, swimmable shoreline. East coast charm and lovely detailing with four season lakeside porch, gourmet kitchen and family room with fieldstone fireplace, butlers pantry between kitchen and formal dining room. Upper level includes four charming bedrooms with third floor bonus play area. Private back yard with fire pit and 5+ car heated garage. A magical home in a beautiful setting that will steal your heart. Legacy making property in the cherished Minnetonka Beach community. Orono Schools

Last Listed By

Mimi Bendickson

Compass Listed on: 06/08/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,884

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 195x73x219x71
  • Lake Front
  • Few Trees

Parking

  • 5 Car Garage
  • Tuck Under Garage

Home Design

  • Wood Shingle Roof
  • Cedar Siding

Interior Spaces

  • 4,712 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Basement Storage

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Beach Access

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Minnetonka Beach On Lake Mtka Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1511723310019

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,884

Year Built

Built in 1900

Lot Details

0

Parking

5

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Cedar
  • Garage Spaces: 5.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1900
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 4392.00
  • Above Grade Finished Area Search: 4392.00
  • Above Grade Finished Sq Ft: 4392.00
  • Below Grade Total Sq Ft: 320.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: 4 BR on One Level
  • Foundation Area Units: Square Feet
  • Garage Area: 1905.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Sand
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 9091
  • Listing Organization: Iowa
  • Living Area Finished: 4392.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 2398.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 1511723310019
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 60
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Storage Space
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas Burning, Master Bedroom
  • Dining Room Features: Informal Dining Room, Separate/Formal Dining Room
  • Family Room Features: 2 or More, Main Level
  • Bathroom Type: Full Master, Main Floor 1/2 Bath, Private Master, Upper Level Full Bath
  • Living Area: 4712.00
  • Fireplace: Yes
  • Stories: 2

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Wood Shingles
  • LakeAcres: 14729.56000
  • Waterfront View: Panoramic
  • PoolFeatures: Below Ground, Heated, Outdoor
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Tuckunder Garage
  • Parking Spaces: 4

Utilities

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

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
  • Assessment Pending: Unknown
  • Lot Size: 195x73x219x71
  • Homestead: Yes
  • Lot Features: Accessible Shoreline, Tree Coverage - Light
  • Lot Size Acres: 0.3540
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 061 MINNETONKA BEACH ON LAKE MTKA INCL ADJ 1/2 ALLEY VAC ALSO INCL ALL OF ADJ LAFAYETTE RD VAC SUBJECT TO ROAD
  • Tax Amount: 23884.00
  • Tax Year: 2020
  • Tax With Assessments: 23884.00
  • Assessor Parcel Number: 1511723310019

Multi Family

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

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Ainsworth Gary V and Ainsworth Kristin F
Bought by
Ainsworth Gary V and Ainsworth Kristin F
Total Days on Market
10
Current Estimated Value
$3,566,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,828,000
Outstanding Balance
$2,763,879
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$817,957

Purchase Details

Closed on
Dec 17, 2021
Sold by
Medina Mp Llc
Bought by
Ainsworth Gary V

Purchase Details

Listed on
Jun 8, 2020
Closed on
Aug 17, 2020
Sold by
Ainsworth Gary V and Ainsworth Kristin F
Bought by
Ainsworth Gary V
Seller's Agent
Mimi Bendickson
Compass
Buyer's Agent
Nancy Arneson
Edina Realty, Inc.
List Price
$2,450,000
Sold Price
$2,432,000
Premium/Discount to List
-$18,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$1,824,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2020
Closed on
Aug 12, 2020
Sold by
Kroll Michelle M
Bought by
Ainsworth Gary V and Ainsworth Kristin F
Seller's Agent
Mimi Bendickson
Compass
Buyer's Agent
Nancy Arneson
Edina Realty, Inc.
List Price
$2,450,000
Sold Price
$2,432,000
Premium/Discount to List
-$18,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,824,000
Interest Rate
2.9%
Mortgage Type
New Conventional

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
Ainsworth Gary V -- None Listed On Document
Ainsworth Gary V $349,900 Chb Title Llc
Ainsworth Gary V -- Edina Realty Title
Ainsworth Gary V $2,432,000 Edina Realty Title Inc
Ainsworth Gary V -- Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ainsworth Gary V $2,828,000
Previous Owner Ainsworth Gary V $1,824,000
Previous Owner Kroll Kurt K $417,000
Previous Owner Kroll Kurt K $98,500
Previous Owner Kroll Kurt K $325,000
Previous Owner Kroll Kurt K $264,000
Previous Owner Kroll Kurt K $75,000
Previous Owner Kroll Kurt K $900,000
Previous Owner Kroll Kurt K $258,000
Previous Owner Kroll Kurt K $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $2,432,000 -0.7% $516 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $2,450,000 -- $520 / 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 $37,122 $3,180,100 $1,815,900 $1,364,200
2022 $28,819 $2,660,000 $1,579,000 $1,081,000
2021 $25,851 $2,182,000 $1,305,000 $877,000
2020 $24,765 $1,974,000 $1,164,000 $810,000
2019 $23,884 $1,793,000 $987,000 $806,000
2018 $22,884 $1,699,000 $940,000 $759,000
2017 $20,441 $1,416,000 $713,000 $703,000
2016 $18,975 $1,315,000 $659,000 $656,000
2015 $18,405 $1,282,000 $626,000 $656,000
2014 -- $1,097,000 $470,000 $627,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5552381

NorthstarMLS

APN: 15-117-23-31-0019