NOT LISTED FOR SALE

2538 Arcola Ln Wayzata, MN 55391

Estimated Value: $2,496,000 - $3,164,000

4 Beds
3.5 Baths
2,560 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $1,980,000 $773 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $17,703/month

31 Days on Market

Highlights

  • Lake Front
  • Dock Available
  • Panoramic View
  • Schumann Elementary School Rated A-
  • Beach Access
  • Deck

About This Home

As of July 2020

Quintessential lake home surrounded by all the charm of the oldest community on Lake Minnetonka, Minnetonka Beach. Spectacular sunsets over the lake’s deepest bay, Crystal Bay, aptly named. The Dakota walking/biking trail at the end of your driveway and a short walk to the famed Lafayette Country Club. Numerous updates, yet still defining what “life at The Beach” represents, warm and friendly easy going lake living.

Last Listed By

Meredith Howell

Coldwell Banker Realty Listed on: 05/08/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,040

Year Built

  • Built in 1928

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 115x215x110x215
  • Lake Front
  • Irregular Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage

Property Views

  • Lake
  • Panoramic

Home Design

  • Frame Construction
  • Wood Shingle Roof
  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Panel Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room with Fireplace

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Beach Access
  • Dock Available
  • Deck
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 200+ Amp Service
  • Water Softener is Owned
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Minnetonka Beach On Lake Mtka Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 1511723320064

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,040

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Cedar, Other
  • Garage Spaces: 3.00
  • Accessibility Features: Door Lever Handles
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1928
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 2560.00
  • Above Grade Finished Area Search: 2560.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1233.00
  • Carport Y N: No
  • Elevation High Point Waterfront: 10-15
  • Floor Plan Type: 4 BR on One Level
  • Foundation Area Units: Square Feet
  • Garage Area: 768.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Internet Type: Cable, Satellite
  • Lake Bottom Type: Sand
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 3793.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 1511723320064
  • Property Out Building Type: Shed - Storage
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 106
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Finished (Livable), Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Furnace Humidifier, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Wall Oven, Washer, Water Softener - Owned
  • Fireplace Features: Amusement Room, Brick, Living Room, Wood Burning
  • Dining Room Features: Breakfast Bar, Informal Dining Room, Living/Dining Room
  • Family Room Features: 2 or More, Family Room, Great Room, Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Main Floor 1/2 Bath, Upper Level Full Bath
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1233.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Wood Shingles
  • LakeAcres: 14729.56000
  • Waterfront View: Lake, Panoramic
  • PoolFeatures: None
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Asphalt, Driveway - Concrete
  • Parking Spaces: 5

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service, Circuit Breakers

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Cable, Ceiling Fan(s), Deck, Dock, Ethernet Wired, Hardwood Floors, In-Ground Sprinkler, Kitchen Center Island, Kitchen Window, Local Area Network, Master Bedroom Walk-In Closet, Paneled Doors, Panoramic View, Porch, Satellite Dish, Tile Floors

Schools

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

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: No
  • Lot Size: 115x215x110x215
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Property Adjoins Public Land, Public Transit (w/in 6 blks), Tree Coverage - Medium, Underground Utilities
  • Lot Size Acres: 0.5080
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Frame
  • New Development: No

Tax Info

  • TaxLegalDescription: MINNETONKA BEACH ON LAKE MTKA LOT 71 AND THAT PART OF LOT 70 LYING SWLY OF A LINE RUNNING FROM A PT IN S LINE THOF DIS 25 FT SWLY FROM SELY COR THOF TO A PT IN NLY LINE THOF DIS 21 5/10 FT SWLY FROM N
  • Tax Amount: 23040.00
  • Tax Year: 2020
  • Tax With Assessments: 23040.00
  • Assessor Parcel Number: 1511723320064

Multi Family

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

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 24, 2020
Sold by
Seuntjens Alice Alice
Bought by
Traff Timothy Timothy
Seller's Agent
Meredith Howell
Coldwell Banker Realty
Buyer's Agent
Tracy Larson
Coldwell Banker Realty
List Price
$2,150,000
Sold Price
$1,980,000
Premium/Discount to List
-$170,000
-7.91%
Total Days on Market
31
Current Estimated Value
$2,817,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$837,813
Avg. Annual Appreciation
5.21%
Interest Rate
3.01%

Purchase Details

Listed on
May 8, 2020
Closed on
Jul 17, 2020
Sold by
Alice M Seuntjens Revocable Intervivos T
Bought by
Traff Timothy L and Traff Beth M
Seller's Agent
Meredith Howell
Coldwell Banker Realty
Buyer's Agent
Tracy Larson
Coldwell Banker Realty
List Price
$2,150,000
Sold Price
$1,980,000
Premium/Discount to List
-$170,000
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.01%

Purchase Details

Closed on
Apr 26, 2012
Sold by
Seuntjens Thomas P and Seuntjens Alice M
Bought by
Seuntjens Alice M and Seuntjens Thomas P

Range of Values:

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Average Value
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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
Traff Timothy L $1,980,000 Burnet Title
Seuntjens Alice M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alice M Seuntjens Revocable Intervivos T $414,000
Previous Owner Seuntjens Thomas P $416,000
Previous Owner Seuntjens Thomas P $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $1,980,000 -7.9% $773 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $2,150,000 -- $840 / 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 $24,967 $2,256,200 $1,913,500 $342,700
2022 $25,195 $1,983,000 $1,664,000 $319,000
2021 $24,524 $1,925,000 $1,664,000 $261,000
2020 $23,040 $1,916,000 $1,664,000 $252,000
2019 $22,494 $1,674,000 $1,401,000 $273,000
2018 $22,569 $1,605,000 $1,334,000 $271,000
2017 $21,317 $1,473,000 $1,179,000 $294,000
2016 $18,959 $1,314,000 $1,028,000 $286,000
2015 $18,158 $1,266,000 $980,000 $286,000
2014 -- $977,000 $708,000 $269,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5559753

NorthstarMLS

APN: 15-117-23-32-0064