NOT LISTED FOR SALE

2448 Lafayette Rd Wayzata, MN 55391

Estimated Value: $2,353,000 - $4,823,517

2 Beds
1 Bath
1,508 Sq Ft
$2,598/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $960,000 $637 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $25,853/month

Highlights

  • Lake Front
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Schumann Elementary School Rated A-

About This Home

As of December 2012

This home is located at 2448 Lafayette Rd, Wayzata, MN 55391 since 06 November 2012 and is currently estimated at $3,918,506, approximately $2,598 per square foot. This property was built in 1967. 2448 Lafayette Rd is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Last Listed By

Meredith Howell

Coldwell Banker Realty Listed on: 11/06/2012

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.6 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1511723310004

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Other
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 1508.00
  • Above Grade Finished Area Search: 1508.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 603.00
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 9091
  • Listing Organization: Iowa
  • Living Area Finished: 2111.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1511723310004
  • Rental License: No
  • Stories Type: One
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 187
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full
  • Fireplace: No
  • Stories: 1
  • Below Grade Finished Sq Ft: 603.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • LakeAcres: 14729.56000

Garage/Parking

  • Parking Features: Other

Utilities

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

Schools

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

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: IRREGULAR
  • Homestead: Yes
  • Lot Size Acres: 0.6000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: Lot 043 Block 000 MINNETONKA BEACH ON LAKE MTKA INCL ALL OF ADJ LAFAYETTE ROAD VAC SUBJECT TO ROAD
  • Tax Amount: 24714.00
  • Tax Year: 2012
  • Tax With Assessments: 24713.96
  • Assessor Parcel Number: 1511723310004

Multi Family

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

MLS Schools

  • School District Name: Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
Dec 4, 2012
Sold by
Macdonald John B and Macdonald Leslie L
Bought by
Badower M R and Badower Sarah
Seller's Agent
Meredith Howell
Coldwell Banker Realty
List Price
$980,000
Sold Price
$960,000
Premium/Discount to List
-$20,000
-2.04%
Total Days on Market
0
Current Estimated Value
$3,918,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,958,506
Avg. Annual Appreciation
13.28%

Purchase Details

Closed on
Jul 13, 2012
Sold by
Macdonald Mary Petra Walstad
Bought by
Macdonald Irving C

Range of Values:

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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
Badower M R $960,000 Burnet Title
Macdonald Irving C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $960,000 -2.0% $637 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $980,000 -- $650 / 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 $49,550 $4,216,100 $2,723,300 $1,492,800
2022 $41,868 $3,805,000 $2,368,000 $1,437,000
2021 $41,928 $3,131,000 $1,957,000 $1,174,000
2020 $43,595 $3,149,000 $1,976,000 $1,173,000
2019 $42,748 $3,092,000 $2,219,000 $873,000
2018 $41,798 $2,974,000 $2,114,000 $860,000
2017 $38,149 $2,569,000 $1,639,000 $930,000
2016 $36,750 $2,466,000 $1,515,000 $951,000
2015 $24,274 $1,663,000 $1,458,000 $205,000
2014 -- $1,110,000 $1,064,000 $46,000
Source: Public Records

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Source: NorthstarMLS

MLS Number: NST4315509

NorthstarMLS

APN: 15-117-23-31-0004