2560 Cedar Ridge Rd Wayzata, MN 55391
Estimated Value: $5,360,000 - $8,574,220
9
Beds
6
Baths
5,889
Sq Ft
$1,214/Sq Ft
Est. Value
About This Home
This home is located at 2560 Cedar Ridge Rd, Wayzata, MN 55391 and is currently estimated at $7,147,407, approximately $1,213 per square foot. 2560 Cedar Ridge Rd is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 22, 2025
Sold by
Keith W Tomlinson W and Keith Tracy C
Bought by
256 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,200,000
Outstanding Balance
$7,176,822
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
-$29,415
Purchase Details
Closed on
Mar 9, 2021
Sold by
Chute Edmund P and Nowlan Anne C
Bought by
Tomlinson Keith W and Tomlinson Tracy C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
2%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 256 Llc | $12,000,000 | Burnet Title | |
| Tomlinson Keith W | $4,175,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 256 Llc | $7,200,000 | |
| Previous Owner | Tomlinson Keith W | $2,100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $84,345 | $6,976,400 | $3,974,400 | $3,002,000 |
| 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
Map
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