NOT LISTED FOR SALE

2560 Cedar Ridge Rd Wayzata, MN 55391

Estimated Value: $2,550,000 - $4,830,000

9 Beds
5.5 Baths
5,889 Sq Ft
$690/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $4,175,000 $709 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $26,877/month

271 Days on Market

Highlights

  • Lake Front
  • Beach View
  • Tennis Courts
  • Groveland Elementary School Rated A
  • Dock Available
  • Wood Burning Stove

About This Home

As of March 2021

Unparalleled and rare 210 feet of Wayzata Bay lakeshore! Nearly 2 acres in the prime, historic and estate area of Maplewoods. Classic home that can be remodeled or a perfect site to rebuild. Both the elevated and level lakeshore enjoys sunsets and lights from Wayzata. Watch the sail boats glide by and note that this is one of the highest elevations in the area so this enhances the views and light in every direction. Survey available upon request. This is a magical opportunity.

Last Listed By

Ellen DeHaven

Coldwell Banker Realty Listed on: 05/12/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,555

Year Built

  • Built in 1935

Lot Details

  • 1.92 Acre Lot
  • Lot Dimensions are 210x408x210x394
  • Lake Front
  • Partially Fenced Property
  • Chain Link Fence
  • Sprinkler System

Parking

  • 4 Car Garage

Property Views

  • Beach
  • Bay
  • Lake
  • Panoramic
  • City Lights

Home Design

  • Asphalt Shingled Roof
  • Fiberglass Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Available
  • Tennis Courts
  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association
  • Maplewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0711722320007

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,555

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Fiber Board
  • Garage Spaces: 4.00
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: Well
  • Fuel Type: Natural Gas
  • Year Built: 1935
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 5716.00
  • Above Grade Finished Area Search: 5716.00
  • Above Grade Finished Sq Ft: 2690.00
  • Below Grade Finished Sq Ft: 1915.00
  • Below Grade Total Sq Ft: 3199.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Elevation High Point Waterfront: 26-40
  • Floor Plan Type: 4 BR on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Garage Area: 726.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Excellent Sand
  • Lake Depth Feet: 113
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 7631.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 3187.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 0711722320007
  • Property Out Building Type: Other
  • Rental License: No
  • Restrictions Type: None
  • Stories Type: Two
  • Townhouse Type: Not Applicable
  • Water Body Name: Minnetonka
  • Waterfront Frontage: 210
  • Waterfront Slope Type: Gradual
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Finished (Livable), Walkout
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Other, Wood Burning, Wood Stove
  • Dining Room Features: Separate/Formal Dining Room
  • Family Room Features: Lower Level, Main Level
  • Bathroom Type: Full Basement, Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Master Walk-Thru, Private Master, Upper Level Full Bath
  • Living Area: 5889.00
  • Fireplace: Yes
  • Stories: 2
  • Below Grade Finished Sq Ft: 1915.00

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt Shingles
  • LakeAcres: 14729.56000
  • Waterfront View: Bay, City Lights, Harbor, Lake, North, Panoramic
  • PoolFeatures: None
  • Fencing: Chain Link, Partial
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage, Detached Garage

Utilities

  • Heating: Baseboard
  • Sewer: Private

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Dock, Hardwood Floors, In-Ground Sprinkler, Kitchen Window, Natural Woodwork, Panoramic View, Patio, Tennis Court, Tile Floors

Schools

  • School District: 276 - Minnetonka
  • School District Phone: 952-401-5000

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 1
  • Assessment Pending: Unknown
  • Lot Size: 210x408x210x394
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 1.9200
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: MAPLEWOOD LOTS 3 4 AND WLY 30 FT OF LOT 5
  • Tax Amount: 37555.00
  • Tax Year: 2020
  • Tax With Assessments: 37555.00
  • Assessor Parcel Number: 0711722320007

Multi Family

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

MLS Schools

  • School District Name: 276 - Minnetonka

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Mar 9, 2021
Sold by
Chute Edmund P and Nowlan Anne C
Bought by
Tomlinson Keith W and Tomlinson Tracy C
Seller's Agent
Ellen DeHaven
Coldwell Banker Realty
Buyer's Agent
Ellen DeHaven
Coldwell Banker Realty
List Price
$4,995,000
Sold Price
$4,175,000
Premium/Discount to List
-$820,000
-16.42%
Total Days on Market
271
Current Estimated Value
$4,063,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,647
Avg. Annual Appreciation
-0.65%
Original Mortgage
$2,100,000
Interest Rate
2%
Mortgage Type
New Conventional

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
Tomlinson Keith W $4,175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith W Tomlinson W $750,000
Previous Owner Tomlinson Keith W $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $4,175,000 -7.2% $709 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
09/17/2020 09/17/20 Price Changed $4,500,000 -9.9% $764 / Sq Ft
05/12/2020 05/12/20 For Sale $4,995,000 -- $848 / 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 $52,194 $4,573,100 $3,613,100 $960,000
2022 $40,416 $3,890,000 $3,441,000 $449,000
2021 $39,240 $3,188,000 $2,825,000 $363,000
2020 $37,555 $3,082,000 $2,735,000 $347,000
2019 $38,112 $2,816,000 $2,480,000 $336,000
2018 $38,765 $2,834,000 $2,480,000 $354,000
2017 $39,394 $2,891,000 $2,480,000 $411,000
2016 $41,244 $2,967,000 $2,430,000 $537,000
2015 $38,181 $2,725,000 $2,228,000 $497,000
2014 -- $2,586,000 $2,128,000 $458,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST5543377

NorthstarMLS

APN: 07-117-22-32-0007