NOT LISTED FOR SALE

260 Wayzata Blvd E Wayzata, MN 55391

Estimated Value: $1,285,000 - $1,739,000

0.34 Acres
$4,631,832 Price per Acre
14,810 Sq Ft Lot

Sale Details

Date Sold: September 24, 2013

Last sale price $140,000 $73 Per Sq Ft

Est. 1,025% increase in value since last sale

Current estimated payment $9,425 / mo

89 Days on Market

Highlights

  • Landscaped with Trees
  • Gleason Lake Elementary School Rated A+
  • Agricultural

About This Lot

As of September 2013

Previous house torn down and lot is ready and grated. Minutes from DT Wayzata across from the middle school, Wayzata school district, wooded back lot, south facing great sunlight.

Last Agent to Sell the Property

Maria Baltierra

Lakes Sotheby's International Listed on: 06/26/2013

Last Buyer's Agent

Stan Rosaves

Edina Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 14,810 Sq Ft Lot
  • Landscaped with Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0611722230027

Property Details

Property Type

Land

Lot Details

0.34 Acres

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Foreclosure: Undisclosed
  • Parcel Number: 0611722230027
  • Estimated Number of Acres: 0.34
  • Additional Information: Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Storm Sewer, Telephone

Lot Info

  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
The Holmers Group Inc
Bought by
Holmers Jeffrey Lee
Current Estimated Value
$1,574,823

Purchase Details

Closed on
Jul 9, 2019
Sold by
Holmers Jeffrey L and Holmers Jennifer L
Bought by
The Holmers Group Inc

Purchase Details

Closed on
Jan 24, 2019
Sold by
The Holmers Group Inc
Bought by
Holmers Jeffrey L and Holmers Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2019
Sold by
Real Assets Llc
Bought by
The Holmers Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2016
Sold by
Real Assets Llc
Bought by
The Holmers Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 28, 2016
Sold by
Landsource
Bought by
Real Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 26, 2013
Closed on
Sep 23, 2013
Sold by
260 Wayzata Boulevard Llc
Bought by
Landsource Llc
Seller's Agent
Maria Baltierra
Lakes Sotheby's International
Buyer's Agent
Stan Rosaves
Edina Realty, Inc.
List Price
$195,000
Sold Price
$140,000
Premium/Discount to List
-$55,000
-28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.21%

Purchase Details

Closed on
Jul 2, 2007
Sold by
Thielges James P
Bought by
Freeburg John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holmers Jeffrey Lee -- None Available
The Holmers Group Inc -- None Available
Holmers Jeffrey L -- Executive Title
The Holmers Group Inc $688,000 Executive Title
The Holmers Group Inc $710,000 Quarry Title & Closing Llc
Real Assets Llc -- Quarry Title
Landsource Llc $140,000 Quarry Title
Freeburg John E $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmers Jeffrey L $688,000
Previous Owner The Holmers Group Inc $568,000
Previous Owner Real Assets Llc $550,000
Previous Owner Freeburg John E $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2013 09/24/13 Sold $140,000 -28.2% $73 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $195,000 -- $102 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $12,914 $1,094,400 $463,200 $631,200
2023 $12,137 $1,073,400 $459,600 $613,800
2022 $9,356 $963,000 $384,000 $579,000
2021 $8,947 $741,000 $257,000 $484,000
2020 $9,817 $714,000 $257,000 $457,000
2019 $9,383 $750,000 $300,000 $450,000
2018 $9,035 $718,000 $275,000 $443,000
2017 $8,955 $676,000 $216,000 $460,000
2016 $9,166 $670,000 $204,000 $466,000
2015 $2,690 $201,000 $191,000 $10,000
2014 -- $162,000 $162,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Maria Baltierra

    Lakes Sotheby's International

  • S

    Buyer's Agent in 2013

    Stan Rosaves

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4521741

REALTOR® Association of Southern Minnesota

APN: 06-117-22-23-0027

Minnesota Hennepin County Wayzata 55391

260 Wayzata Blvd E, Wayzata, MN

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