NOT LISTED FOR SALE

2516 Cross Point Rd Wayzata, MN 55391

Estimated Value: $1,734,000 - $2,149,000

6 Beds
4.5 Baths
3,712 Sq Ft
$501/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $990,000 $267 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $11,765/month

107 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Vaulted Ceiling
  • Great Room
  • Schumann Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Big Island Regional Park

About This Home

As of July 2018

Life is better at the Beach! Minnetonka Beach that is! Come home to this stunning two-story, 6 bed, 4 bath home. Entirely new second story with 4 bedrooms and gorgeous, huge master suite! Main floor has mother-in-law/nanny suite, hardwood floors, open family room with fireplace, bright kitchen with stone countertops, most new appliances, formal yet open and inviting living / dining space. Dock slip available for new owner as of listing date. Exclusive area of upper bracket homes. Orono schools!

Last Listed By

Constance Castonguay

Keller Williams Premier Realty Lake Minnetonka Listed on: 02/28/2018

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,658

Year Built

  • Built in 1959

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 200x150

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deeded Waterfront Access Rights
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1511723330011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,658

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Cement Board
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 3712.00
  • Above Grade Finished Area Search: 3712.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1174.00
  • Carport Y N: No
  • Co Listing Association Office S K: 10172
  • Floor Plan Type: 3 BR on One Level, 4 BR on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 10172
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 4886.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1511723330011
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Finished (Livable), Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Refrigerator, Wall Oven, Washer, Water Softener - Owned
  • Fireplace Features: Family Room
  • Dining Room Features: Separate/Formal Dining Room
  • Family Room Features: 2 or More, Family Room, Great Room, Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Bathroom Ensuite, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1174.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles
  • LakeAcres: 14729.56000

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Porch, Vaulted Ceiling(s), Walk-In Closet

Schools

  • School District: 278 - Orono
  • School District Phone: 952-449-8305

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 200x150
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 0.6890
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SUBD NORTHWOOD-LOT 17 LOTS 3 AND 4
  • Tax Amount: 11658.00
  • Tax Year: 2017
  • Tax With Assessments: 11658.00
  • Assessor Parcel Number: 1511723330011

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Deeded Access

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Jul 18, 2018
Sold by
Carruthers Patrick Phillip
Bought by
Vanvanhandel Daniel Van and Handel Jeminah Van
Seller's Agent
Constance Castonguay
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Sara Moran
Lakes Sotheby's International Realty
List Price
$1,250,000
Sold Price
$990,000
Premium/Discount to List
-$260,000
-20.8%
Total Days on Market
107
Current Estimated Value
$1,858,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,306
Avg. Annual Appreciation
8.13%
Original Mortgage
$891,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2017
Sold by
Carruthers Carmen Sue
Bought by
Caarruthers Patrick Phillip

Purchase Details

Listed on
Sep 18, 2012
Closed on
Nov 28, 2012
Sold by
Halland Enterprises Llc
Bought by
Carruthers Patrick P and Carruthers Carmen S
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$451,481
Interest Rate
3.31%

Purchase Details

Listed on
Feb 1, 2012
Closed on
May 30, 2012
Sold by
Archbalb Constance
Bought by
Halland Enterprises Llc
Seller's Agent
Dana Thomas
Coldwell Banker Realty
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.96%

Range of Values:

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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
Vanvanhandel Daniel Van $990,000 Title One Inc
Caarruthers Patrick Phillip -- None Available
Carruthers Patrick P -- Burnet Title
Carruthers Patrick Patrick $570,000 --
Halland Enterprises Llc $500,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhandel Daniel $250,000
Open Vanhandel Jeminah $869,000
Closed Vanhandel Jeminah Van $880,000
Closed Vanvanhandel Daniel Van $891,000
Previous Owner Carruthers Patrick P $645,000
Previous Owner Carruthers Patrick P $163,500
Previous Owner Carruthers Patrick Patrick $451,481
Previous Owner Carruthers Patrick P $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $990,000 -7.9% $267 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
04/30/2018 04/30/18 Price Changed $1,075,000 -10.3% $290 / Sq Ft
04/02/2018 04/02/18 Price Changed $1,199,000 -4.1% $323 / Sq Ft
02/28/2018 02/28/18 For Sale $1,250,000 +119.3% $337 / Sq Ft
11/28/2012 11/28/12 Sold $570,000 -4.8% $280 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $599,000 +19.8% $294 / Sq Ft
05/30/2012 05/30/12 Sold $500,000 -8.9% $207 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $549,000 -- $228 / 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 $17,556 $1,549,000 $912,000 $637,000
2022 $13,751 $1,154,000 $600,000 $554,000
2021 $12,578 $1,086,000 $638,000 $448,000
2020 $12,777 $1,004,000 $556,000 $448,000
2019 $11,619 $966,000 $516,000 $450,000
2018 $11,658 $870,000 $489,000 $381,000
2017 $11,749 $850,000 $489,000 $361,000
2016 $11,530 $833,000 $489,000 $344,000
2015 $7,869 $598,000 $466,000 $132,000
2014 -- $458,000 $339,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST4911609

NorthstarMLS

APN: 15-117-23-33-0011