2526 Crosby Rd Wayzata, MN 55391
5
Beds
3.5
Baths
4,540
Sq Ft
1.17
Acres
Highlights
- Home fronts a pond
- Deck
- Home Office
- Gleason Lake Elementary School Rated A
- No HOA
- Sitting Room
About This Home
As of July 2024This gorgeous renovated 5-BD 4-BA home, located in the Grays Bay neighborhood, offers a convenient dock and boat slip for easy access to the lake. Nestled on 1.25 acres with a private pond and fountain, this home embodies timeless elegance and modern luxury. The foyer features gleaming hardwood floors, classic architectural details, leading to a gourmet kitchen with granite countertops, high-end appliances, main floor office, new furnace, and on-demand hot water. Step onto the deck for tranquil mornings overlooking the beautiful backyard with firepit. The fully renovated owner's suite includes a steam tiled shower and heated floors. The finished walkout lower-level and attached 4-car garage with heated space provide ample storage. Outside, enjoy manicured lawns leading to a serene pond, warming house for winter hockey, and sports court for outdoor activities. Close to schools, 5 minutes from downtown Wayzata, steps away from Minnehaha Creek, and walking distance to Lake Minnetonka.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,952
Year Built
- Built in 1937
Lot Details
- 1.17 Acre Lot
- Lot Dimensions are 170x300
- Home fronts a pond
Parking
- 4 Car Attached Garage
- Heated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Sitting Room
- Home Office
- Storage Room
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Basement Window Egress
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
Community Details
- No Home Owners Association
- Griswolds Add On Grays Bay Lake Mtka Subdivision
Listing and Financial Details
- Assessor Parcel Number 0811722140010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Jul 24, 2024
Sold by
Luedtke Joy and Luedtke Jason
Bought by
Strength Dana and Strength Stephanie
Seller's Agent
Stephanie Spading
Edina Realty, Inc.
Buyer's Agent
Molly Scholle
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,675,000
Premium/Discount to List
-$325,000
-16.25%
Total Days on Market
34
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,284
Avg. Annual Appreciation
-1.00%
Original Mortgage
$1,000,000
Outstanding Balance
$992,092
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$668,624
Purchase Details
Listed on
May 8, 2024
Closed on
Jul 19, 2024
Sold by
Luedtke Joy L and Luedtke Jason J
Bought by
Strength Dana Albert and Strength Stephanie A
Seller's Agent
Stephanie Spading
Edina Realty, Inc.
Buyer's Agent
Molly Scholle
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,675,000
Premium/Discount to List
-$325,000
-16.25%
Views
35
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
Outstanding Balance
$992,092
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$668,624
Purchase Details
Closed on
Jul 18, 2000
Sold by
Berg Andy B
Bought by
Luedtke Jason J and Luedtke Joy L
Purchase Details
Closed on
Jun 19, 1998
Sold by
Burkhard Bruce J
Bought by
Berg Andy B and Berg Ann C
Similar Homes in Wayzata, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,675,000 | -- | |
| Warranty Deed | $1,675,000 | Minnetonka Title | |
| Warranty Deed | $359,900 | -- | |
| Warranty Deed | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $167,000 | Credit Line Revolving | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $145,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $1,675,000 | -6.9% | $369 / Sq Ft |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | Price Changed | $1,800,000 | -10.0% | $396 / Sq Ft |
| 05/08/2024 05/08/24 | For Sale | $2,000,000 | -- | $441 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $13,953 | $1,066,900 | $462,000 | $604,900 |
| 2022 | $13,558 | $1,050,200 | $462,000 | $588,200 |
| 2021 | $13,193 | $926,600 | $462,000 | $464,600 |
| 2020 | $13,623 | $909,600 | $462,000 | $447,600 |
| 2019 | $12,575 | $905,800 | $462,000 | $443,800 |
| 2018 | $12,109 | $848,200 | $420,000 | $428,200 |
| 2017 | $11,328 | $759,500 | $400,000 | $359,500 |
| 2016 | $10,860 | $728,300 | $400,000 | $328,300 |
| 2015 | $11,334 | $744,700 | $400,000 | $344,700 |
| 2014 | -- | $702,000 | $292,000 | $410,000 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Spading
Seller's Agent in 2024
Stephanie Spading
Edina Realty, Inc.
(952) 454-0786
60 Total Sales
-
Cari Ann Carter
Seller Co-Listing Agent in 2024
Cari Ann Carter
Edina Realty, Inc.
(612) 400-8934
400 Total Sales
-
Molly Scholle
Buyer's Agent in 2024
Molly Scholle
Coldwell Banker Realty
(612) 360-3004
38 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6532756
APN: 08-117-22-14-0010
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