NOT LISTED FOR SALE

2560 Cedar Ridge Rd Wayzata, MN 55391

Estimated Value: $5,215,630 - $8,019,000

9 Beds
6 Baths
5,889 Sq Ft
$1,061/Sq Ft Est. Value

About This Home

This home is located at 2560 Cedar Ridge Rd, Wayzata, MN 55391 and is currently estimated at $6,249,877, approximately $1,061 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
Mar 9, 2021
Sold by
Chute Edmund P and Nowlan Anne C
Bought by
Tomlinson Keith W and Tomlinson Tracy C
Current Estimated Value
$6,249,877

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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

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

Map

Minnesota Hennepin County Wayzata 55391

2560 Cedar Ridge Rd, Wayzata, MN

This home is located at 2560 Cedar Ridge Rd, Wayzata, MN 55391 and is currently estimated at $6,249,877, approximately $1,061 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.

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