NOT LISTED FOR SALE

2548 Lafayette Rd Wayzata, MN 55391

Estimated Value: $1,580,468 - $1,823,000

3 Beds
3 Baths
2,282 Sq Ft
$757/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,450,000 $635 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,949/month

22 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Beach View
  • 2 Car Attached Garage
  • Schumann Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Charming Minnetonka Beach cottage with fabulous sunset views over Lafayette Bay and direct access to sandy beach and park-like setting. Dock available through city of Minnetonka Beach. This home offers vaulted ceilings on both floors, completely remodeled kitchen with wine bar, remodeled bathrooms, and lake views from almost every room. Front porch surrounded by extensive perennial gardens and true beach lifestyle with easy access to walking trails, neighborhood ice rink, and all lake activities. A true gem, located within the Orono school district.

Last Listed By

Mimi Bendickson

Compass Listed on: 04/24/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,493

Year Built

  • Built in 1994

Lot Details

  • 0.25

Parking

  • 2 Car Attached Garage

Property Views

  • Beach
  • Lake

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2,282 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deeded Waterfront Access Rights
  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Supplemental Of Mtka Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1511723330059

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,493

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Stucco
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fuel Type: Natural Gas
  • Year Built: 1994
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 2282.00
  • Above Grade Finished Area Search: 2282.00
  • Above Grade Finished Sq Ft: 2282.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Floor Plan Type: Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Area: 422.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 2452
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 2282.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1236.00
  • Main Level Area Units: Square Feet
  • Mls Major Change Type: Closed
  • Rental License: No
  • Stories Type: Two
  • Water Body Name: Minnetonka
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Living Room
  • Dining Room Features: Living/Dining Room
  • Family Room Features: Main Level
  • Bathroom Type: Main Floor 3/4 Bath, Private Master, Upper Level 3/4 Bath
  • Living Area: 2282.00
  • Fireplace: Yes
  • Stories: 2

Beds/Baths

  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles
  • LakeAcres: 14729.56000
  • Waterfront View: Panoramic, West
  • Road Between Waterfront And Home: Yes

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Association Fee Yn: No

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: Unknown
  • Lot Size: 10890
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 0.2500
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: SUPPLEMENTAL PLAT OF MTKA BEACH THAT PART OF LOT 199 LYING S OF NLY 5 FT THOF AND NLY 15 FT OF LOT 200
  • Tax Amount: 15493.00
  • Tax Year: 2021
  • Tax With Assessments: 15493.00
  • Assessor Parcel Number: 1511723330059

Multi Family

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

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jun 28, 2022
Sold by
Schriefer Suzanne S and Schriefer Thomas N
Bought by
Rosendahl John S
Seller's Agent
Mimi Bendickson
Compass
Buyer's Agent
Beth Ulrich
Compass
List Price
$1,357,000
Sold Price
$1,450,000
Premium/Discount to List
$93,000
6.85%
Total Days on Market
22
Current Estimated Value
$1,727,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,367
Avg. Annual Appreciation
6.33%
Original Mortgage
$910,000
Outstanding Balance
$875,426
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$851,941

Purchase Details

Closed on
Jun 14, 2006
Sold by
Kittler James Patrick and Kittler Linda Alt
Bought by
Schriefer Thomas N and Schriefer Suzanne S

Purchase Details

Closed on
Oct 25, 1996
Sold by
Eiss David H and Eiss Holly M
Bought by
Kittler James Patrick and Kittler Linda Alt

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
Rosendahl John S $1,450,000 Burnet Title
Schriefer Thomas N $1,027,000 --
Kittler James Patrick $366,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosendahl John S $70,000
Open Rosendahl John S $910,000
Previous Owner Schriefer Thomas N $325,000
Previous Owner Schriefer Thomas N $417,000
Previous Owner Schriefer Thomas N $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $1,450,000 +6.9% $635 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $1,357,000 -- $595 / 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 $16,462 $1,457,900 $1,013,300 $444,600
2022 $15,703 $1,282,000 $924,000 $358,000
2021 $15,493 $1,228,000 $924,000 $304,000
2020 $13,053 $1,217,000 $924,000 $293,000
2019 $13,617 $985,000 $473,000 $512,000
2018 $13,337 $1,005,000 $495,000 $510,000
2017 $13,423 $959,000 $492,000 $467,000
2016 $13,476 $959,000 $523,000 $436,000
2015 $13,045 $934,000 $498,000 $436,000
2014 -- $783,000 $364,000 $419,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST6185281

NorthstarMLS

APN: 15-117-23-33-0059