NOT LISTED FOR SALE

2540 Old Beach Rd Wayzata, MN 55391

Estimated Value: $695,000 - $912,000

3 Beds
2.5 Baths
3,823 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $489,000 $128 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,901/month

26 Days on Market

Highlights

  • 1.26 Acre Lot
  • Deck
  • Vaulted Ceiling
  • Shirley Hills Primary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of October 2020

Located on a private drive just off an incredible road with many new lake homes. It is an impressive drive coming in. The 90 year old home is resting on a 1.2 acre lot with mature trees and Hosta gardens. Nicely maintained home with many updates including kitchen, family room and master addition. But still perhaps updating needed for a buyer to make it their own. Front porch overlooks a water feature. Main floor includes a big eat in kitchen, family room with vaulted ceiling, huge dining room and a living room. The upper level offers a spacious master suite with vaulted ceiling and master bath with separate tub and shower. There are two more bedrooms, a large bath and storage space upstairs. The walkout lower level features a large amusement room with gas fireplace and tons of storage. The location is very close to groceries, excellent dining and the trail. Home is being sold as is. We are following all Covid recommendations for a showing.

Last Listed By

Timothy Landon

RE/MAX Advantage Plus Listed on: 07/27/2020

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1930

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 178x332x125x349
  • Property fronts a private road
  • Street terminates at a dead end

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Shore Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2111723220009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,156

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Stucco
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1930
  • Power Company Name: Xcel Energy
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 2623.00
  • Above Grade Finished Area Search: 2623.00
  • Above Grade Finished Sq Ft: 2623.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 612.00
  • Below Grade Total Sq Ft: 1200.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: 3 BR on One Level
  • Foundation Area Units: Square Feet
  • Garage Area: 660.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 1028
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 3235.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1552.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 2111723220009
  • Rental License: No
  • Stories Type: Two
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Concrete Block, Finished (Livable), Full, Walkout
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener - Owned
  • Fireplace Features: Family Room, Gas Burning, Living Room, Wood Burning
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Separate/Formal Dining Room
  • Family Room Features: Family Room, Lower Level, Main Level
  • Bathroom Type: Full Master, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level Full Bath
  • Living Area: 3823.00
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 612.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Detached Garage, Driveway - Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, Skylight, Tile Floors, Vaulted Ceiling(s)

Schools

  • School District: 277 - Westonka
  • School District Phone: 952-491-8001

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 178x332x125x349
  • Homestead: Yes
  • Lot Features: Tree Coverage - Heavy
  • Lot Size Acres: 1.2600
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 024 SHORE HILLS
  • Tax Amount: 4156.00
  • Tax Year: 2020
  • Tax With Assessments: 4156.00
  • Assessor Parcel Number: 2111723220009

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 277 - Westonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Oct 30, 2020
Sold by
Schneider David Mathias
Bought by
Duval Arnould Alexis J R and Ajd Trust
Seller's Agent
Timothy Landon
RE/MAX Advantage Plus
Buyer's Agent
Christine Lips
Coldwell Banker Realty
List Price
$499,900
Sold Price
$489,000
Premium/Discount to List
-$10,900
-2.18%
Total Days on Market
26
Current Estimated Value
$805,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,909
Avg. Annual Appreciation
11.69%
Original Mortgage
$497,557
Outstanding Balance
$447,777
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$358,132

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
Duval Arnould Alexis J R $489,000 Trademark Title Services Inc
-- $489,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duval Arnould Alexis J R $497,557
Previous Owner Schneider David Mathias $150,000
Previous Owner Schneider David Mathias $335,000
Previous Owner Schneider David M $150,000
Closed -- $489,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $489,000 -2.2% $128 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $499,900 -- $131 / 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 $5,197 $577,900 $256,500 $321,400
2022 $4,512 $521,000 $212,000 $309,000
2021 $4,188 $480,000 $212,000 $268,000
2020 $4,157 $442,000 $203,000 $239,000
2019 $4,192 $412,000 $189,000 $223,000
2018 $4,298 $413,000 $189,000 $224,000
2017 $4,491 $418,000 $210,000 $208,000
2016 $4,373 $406,000 $210,000 $196,000
2015 $4,646 $421,000 $225,000 $196,000
2014 -- $406,000 $225,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5630027

NorthstarMLS

APN: 21-117-23-22-0009