NOT LISTED FOR SALE

261 Ridgeview Dr Wayzata, MN 55391

Estimated Value: $1,145,000 - $2,035,000

6 Beds
5.5 Baths
5,283 Sq Ft
$328/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $1,675,000 $317 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,325/month

53 Days on Market

Highlights

  • No HOA
  • Home Office
  • Tandem Parking
  • Gleason Lake Elementary School Rated A+
  • 3 Car Attached Garage
  • Patio

About This Home

As of August 2024

Ideal location to enjoy the vibrancy of Wayzata in a charming neighborhood setting. A beautiful kitchen remodel was recently finished touching much of the main floor and featuring a hidden walk-in pantry & butler area. Oversized primary bedroom and bath, 3 additional rooms on the upper level with 2 sharing a Jack & Jill bath, a large main floor bedroom/bath, and lower level bedroom and bath. Home office and work-out space as well. Heated 3-car garage (one stall is tandem). 9' ceilings on the main floor make the home open, bright, and airy. The sports court in the backyard, new patio space, open grass, and side gardening area give you something for everyone. Walk to Wayzata to take in the lake and shops. Aligns with the opportunity to put in for a city boat slip. Move-in ready and a must-see!

Last Agent to Sell the Property

Tara Engebretson

Fazendin REALTORS Listed on: 05/22/2024

Last Buyer's Agent

Mollie Greenberg

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,153

Year Built

  • Built in 2007

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Tandem Parking

Home Design

  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Patio

Community Details

  • No Home Owners Association
  • First Add Ridgeview Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3111822330054

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,153

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 4208
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Partially Finished, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 5283
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1075
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Bedroom 6

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Partial, Wood
  • ConstructionMaterialsDesc: Block,Concrete
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Tandem

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: W 100x135x123x140
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3111822330054
  • Tax Annual Amount: 14153
  • TaxWithAssessments: 14153.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 2, 2024
Sold by
Hastings Blake and Hastings Carey
Bought by
Paup Daniel and Paup Emily
Seller's Agent
Tara Engebretson
Fazendin REALTORS
Buyer's Agent
Mollie Greenberg
Edina Realty, Inc.
List Price
$1,775,000
Sold Price
$1,675,000
Premium/Discount to List
-$100,000
-5.63%
Views
36
Current Estimated Value
$1,734,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,556
Avg. Annual Appreciation
2.53%
Original Mortgage
$340,000
Outstanding Balance
$336,153
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$1,398,403

Purchase Details

Listed on
Dec 13, 2012
Closed on
Jan 8, 2013
Sold by
Schill Mark A and Schill Elizabeth A
Bought by
Hastings Blake R and Hastings Carey R
Seller's Agent
Mark Schill
Coldwell Banker Burnet
Buyer's Agent
Gary Petersen
Coldwell Banker Burnet
List Price
$849,900
Sold Price
$817,500
Premium/Discount to List
-$32,400
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$417,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Frees Hans Peter and Frees Keaton R
Bought by
Schill Mark A and Schill Elizabeth A

Purchase Details

Closed on
Nov 1, 2006
Sold by
Frost Marvin J and Frost Norma J
Bought by
Frees Kenton R and Frees Hans Peter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paup Daniel $1,675,000 --
Hastings Blake R -- Burnet Title
Schill Mark A $1,000,000 --
Frees Kenton R $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paup Daniel $340,000
Previous Owner Hastings Blake R $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2024 08/02/24 Sold $1,675,000 -5.6% $317 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $1,775,000 +117.1% $336 / Sq Ft
01/08/2013 01/08/13 Sold $817,500 -3.8% $155 / Sq Ft View Prior Sale
12/13/2012 12/13/12 Pending -- -- --
12/13/2012 12/13/12 For Sale $849,900 -- $161 / 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
2024 $14,838 $1,244,900 $244,800 $1,000,100
2023 $14,153 $1,237,900 $264,600 $973,300
2022 $11,227 $1,122,000 $249,000 $873,000
2021 $11,233 $872,000 $185,000 $687,000
2020 $11,261 $875,000 $185,000 $690,000
2019 $10,890 $848,000 $157,000 $691,000
2018 $10,781 $820,000 $157,000 $663,000
2017 $10,808 $798,000 $132,000 $666,000
2016 $10,563 $759,000 $125,000 $634,000
2015 $10,869 $759,000 $125,000 $634,000
2014 -- $709,000 $114,000 $595,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6538430

NorthstarMLS

APN: 31-118-22-33-0054