NOT LISTED FOR SALE

2468 Lafayette Rd Wayzata, MN 55391

Estimated Value: $4,985,000 - $6,362,000

5 Beds
4 Baths
252 Sq Ft
$22,980/Sq Ft Est. Value

About This Home

This home is located at 2468 Lafayette Rd, Wayzata, MN 55391 and is currently estimated at $5,791,055, approximately $22,980 per square foot. 2468 Lafayette Rd is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Coughlin Richard J and Coughlin Kristine L
Bought by
Lawton Brian and Lawton Angelina
Current Estimated Value
$5,791,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,705,000
Outstanding Balance
$3,550,803
Interest Rate
5.11%
Mortgage Type
Balloon
Estimated Equity
$1,600,671

Purchase Details

Closed on
Nov 8, 2019
Sold by
Coughlin Kristine L
Bought by
Coughlin Richard J and Coughlin Kristine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,209,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2019
Sold by
Coughlin Richard J and Coughlin Kristine L
Bought by
Coughlin Kristine L and Kristine L Coughlin Revocable Trust

Purchase Details

Closed on
Aug 11, 2016
Sold by
Call William H and Call Patricia L
Bought by
Coughlin Richard J and Coughlin Kristine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lawton Brian $5,700,000 None Listed On Document
Lawton Brian $5,700,000 None Listed On Document
Coughlin Richard J -- Executive Title
Coughlin Richard J -- Executive Title
Coughlin Kristine L -- None Available
Coughlin Kristine L -- None Available
Coughlin Richard J $1,550,000 Burnet Title
Coughlin Richard J $1,550,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawton Brian $3,705,000
Previous Owner Coughlin Richard J $2,209,000
Previous Owner Coughlin Richard J $2,700,000
Previous Owner Coughlin Richard J $1,000,000
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
2023 $50,945 $4,332,300 $2,179,400 $2,152,900
2022 $37,564 $3,381,000 $1,895,000 $1,486,000
2021 $35,251 $2,818,000 $1,566,000 $1,252,000
2020 $32,491 $2,661,000 $1,584,000 $1,077,000
2019 $18,226 $2,326,000 $1,343,000 $983,000
2018 $21,011 $1,319,000 $1,279,000 $40,000
2017 $16,663 $1,170,000 $970,000 $200,000
2016 $15,484 $1,089,000 $897,000 $192,000
2015 $14,755 $1,045,000 $853,000 $192,000
2014 -- $822,000 $639,000 $183,000
Source: Public Records

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