NOT LISTED FOR SALE

2530 Spirit Knob Rd Wayzata, MN 55391

Estimated Value: $2,409,000 - $3,389,000

0.7 Acre
$4,396,494 Price per Acre
30,492 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $3,100,000 $1,404 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $18,903/month

12 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Lake View
  • No HOA
  • Groveland Elementary School Rated A

About This Lot

As of September 2023

This historic property is in the Maplewood neighborhood of the city of Woodland. The land has been in the same family for over 50 years. For the first time, it is now offered as an approved building site with an amazing 200 feet of shoreline on Wayzata Bay, Lake Minnetonka. Woodland City has granted a variance that will allow a 6500 + square foot home to be only 50 feet from the shore. This will allow a near 180-degree view of Wayzata Bay with sunrises, summer sunsets, and the lights for the Wayzata skyline. The view from the second floor, or rooftop patio, will be even more spectacular, stretching southward over the main lower lake. This level lakeside building site has excellent hard sand lakeshore on quiet, safe Wayzata Bay. There is very limited boat traffic with the navigation buoys far to the west. Property is being sold as a building site. Please make appointments to walk the lot. Open to all builders.

Last Agent to Sell the Property

Hans Zinn

Coldwell Banker Realty Brokerage Phone: 612-964-8111 Listed on: 08/23/2023

Coldwell Banker Realty

Co-Listed By

Max Zinn

Coldwell Banker Realty Brokerage Phone: 612-964-8111

Last Buyer's Agent

Lori Schneck

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,201

Lot Details

  • Lot Dimensions are 217x149x196x176
  • 200 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Finished Lot(s)

Property Views

  • Lake Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0711722320028

Property Details

Property Type

Land

Est. Annual Taxes

$27,201

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Water Body Name: Minnetonka
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets,Shared Driveway
  • Attribution Contact: 612-964-8111
  • Attribution Contact: 612-964-8111
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Boat Slip,Deck,Dock,Survey,Survey Stakes,Torrens

Exterior Features

  • View: Bay, City Lights, East, Lake, North, Panoramic
  • Lake Acres: 14729
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 200

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Electricity Available, Natural Gas Available, Private Septic Available, Private Well Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: 217X149X196X176
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0711722320028
  • Tax Annual Amount: 27201
  • TaxWithAssessments: 27201.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 11, 2023
Sold by
Slocum Mechthild H
Bought by
Favorite Child Llc
Seller's Agent
Hans Zinn
Coldwell Banker Realty
Buyer's Agent
Lori Schneck
Coldwell Banker Realty
List Price
$3,450,000
Sold Price
$3,100,000
Premium/Discount to List
-$350,000
-10.14%
Views
30
Current Estimated Value
$3,077,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,454
Avg. Annual Appreciation
-5.33%
Source: Public Records

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
Favorite Child Llc $3,100,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $3,100,000 -10.1% $1,404 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $3,450,000 -- $1,563 / 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
2024 $31,811 $3,092,000 $3,084,200 $7,800
2023 $34,912 $3,083,700 $2,803,800 $279,900
2022 $24,040 $2,397,000 $2,116,000 $281,000
2021 $23,502 $1,927,000 $1,679,000 $248,000
2020 $22,620 $1,876,000 $1,646,000 $230,000
2019 $21,506 $1,726,000 $1,508,000 $218,000
2018 $21,408 $1,632,000 $1,414,000 $218,000
2017 $21,422 $1,608,000 $1,414,000 $194,000
2016 $21,194 $1,563,000 $1,376,000 $187,000
2015 $19,577 $1,437,000 $1,264,000 $173,000
2014 -- $1,361,000 $1,208,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6422474

NorthstarMLS

APN: 07-117-22-32-0028