Seller's Agent in 2021
Emily Leach
Fazendin REALTORS
(612) 237-9012
1 in this area
92 Total Sales
2637 Arcola Ln Wayzata, MN 55391
Estimated Value: $2,209,000 - $2,497,937
4
Beds
3.5
Baths
3,910
Sq Ft
$611/Sq Ft
Est. Value
Highlights
- Lake Front
- No HOA
- Den
- Schumann Elementary School Rated A-
- Game Room
- The kitchen features windows
About This Home
As of August 2021This sun-splashed updated 2 story lakeshore home overlooks “A” rated Lafayette Bay in sought-after Mtka Beach. Meticulously Maintained, this 3800 sq ft, 4BR, 4BA home boasts beautiful lake views, a slate patio, and a 32’ dock out your front door. The First floor features beautiful hardwood floors, a spacious mudroom, and custom cabinets throughout for plenty of storage. The chef’s kitchen features professional-grade stainless steel appliances, Calacatta marble countertops and tiled backsplash. Upper Level features 4 spacious bedrooms including a large primary bedroom with dual walk-in closets. Lower level has a large family room, workout/playroom and den. The Home backs up to the Dakota Trail for walking and biking and is within walking distance to the Lafayette Club. The owner's care and pride show throughout this beautiful home. Orono schools, 10 minutes to Wayzata and 21 minutes to downtown Minneapolis.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,146
Year Built
- Built in 1975
Lot Details
- 0.29 Acre Lot
- Lake Front
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Den
- Game Room
- Lake Views
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Minnetonka Beach On Lake Mtka Subdivision
Listing and Financial Details
- Assessor Parcel Number 1611723410006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2021
Closed on
Aug 12, 2021
Sold by
Abraham Santiago Miguel and Abraham Vanessa Fernandez
Bought by
2637 Arcola Llc
Seller's Agent
Emily Leach
Fazendin REALTORS
Buyer's Agent
Debbie McNally
Lakes Sotheby's International
List Price
$1,995,000
Sold Price
$2,350,000
Premium/Discount to List
$355,000
17.79%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,646
Avg. Annual Appreciation
-0.82%
Purchase Details
Listed on
Feb 1, 2016
Closed on
Dec 8, 2016
Sold by
Santiago Frank R
Bought by
Abraham Santiago Miguel and Abraham Vanessa Fernandez
Seller's Agent
Robert Hare & Tyler Hare
Coldwell Banker Realty
Buyer's Agent
Emily Leach
Fazendin REALTORS
List Price
$1,260,000
Sold Price
$1,260,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%
Original Mortgage
$418,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 1, 2015
Closed on
Jul 9, 2015
Sold by
Menzel Keith A and Menzel Julie C
Bought by
Santiago Frank R and Santiago Kelley M
Seller's Agent
Jon Arne
Coldwell Banker Realty
List Price
$1,390,000
Sold Price
$1,375,000
Premium/Discount to List
-$15,000
-1.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.13%
Original Mortgage
$1,100,000
Interest Rate
2.74%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Oct 2, 2014
Closed on
Dec 2, 2014
Sold by
Meder David C
Bought by
Menzel Keith A
Seller's Agent
Judith Shields
Coldwell Banker Realty
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.94%
Purchase Details
Listed on
Oct 2, 2014
Closed on
Nov 21, 2014
Sold by
Rawlings Meder Diane M and Meder David C
Bought by
Meder David C
Seller's Agent
Judith Shields
Coldwell Banker Realty
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Purchase Details
Closed on
Sep 30, 1997
Sold by
Carlson Evelyn M and Haza Richard
Bought by
Meder David C and Meder Diane Raulings
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 |
|---|---|---|---|
| 2637 Arcola Llc | $2,350,000 | Minnesota Title | |
| Abraham Santiago Miguel | $1,260,000 | Title One Inc | |
| Santiago Frank R | -- | Watermark Title Agency | |
| Santiago Frank R | $1,375,000 | Trademark Title Services Inc | |
| Menzel Keith A | $775,000 | Burnet Title | |
| Meder David C | $521,000 | -- | |
| -- | $2,350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Abraham Santiago Miguel | $459,819 | |
| Previous Owner | Abraham Santiago Miguel | $418,000 | |
| Previous Owner | Santiago Frank R | $1,100,000 | |
| Previous Owner | Meder Diane Rawlings | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2021 08/17/21 | Sold | $2,350,000 | 0.0% | $601 / Sq Ft |
| 07/17/2021 07/17/21 | Pending | -- | -- | -- |
| 07/17/2021 07/17/21 | Off Market | $2,350,000 | -- | -- |
| 07/16/2021 07/16/21 | For Sale | $1,995,000 | +58.3% | $510 / Sq Ft |
| 12/08/2016 12/08/16 | Sold | $1,260,000 | 0.0% | $335 / Sq Ft |
| 11/08/2016 11/08/16 | Pending | -- | -- | -- |
| 02/01/2016 02/01/16 | For Sale | $1,260,000 | -8.4% | $335 / Sq Ft |
| 07/22/2015 07/22/15 | Sold | $1,375,000 | -1.1% | $465 / Sq Ft |
| 06/16/2015 06/16/15 | Pending | -- | -- | -- |
| 06/01/2015 06/01/15 | For Sale | $1,390,000 | +79.4% | $470 / Sq Ft |
| 12/02/2014 12/02/14 | Sold | $775,000 | -2.5% | $277 / Sq Ft |
| 10/02/2014 10/02/14 | Pending | -- | -- | -- |
| 10/02/2014 10/02/14 | For Sale | $795,000 | -- | $284 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2023 | $19,827 | $1,738,400 | $944,500 | $793,900 |
| 2022 | $19,979 | $1,504,000 | $821,000 | $683,000 |
| 2021 | $19,146 | $1,539,000 | $720,000 | $819,000 |
| 2020 | $18,909 | $1,484,000 | $690,000 | $794,000 |
| 2019 | $18,395 | $1,389,000 | $636,000 | $753,000 |
| 2018 | $18,283 | $1,328,000 | $611,000 | $717,000 |
| 2017 | $18,246 | $1,273,000 | $588,000 | $685,000 |
| 2016 | $10,526 | $768,000 | $588,000 | $180,000 |
| 2015 | $12,260 | $883,000 | $568,000 | $315,000 |
| 2014 | -- | $666,000 | $371,000 | $295,000 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Leach
-
Debbie McNally
Buyer's Agent in 2021
Debbie McNally
Lakes Sotheby's International
(612) 388-1790
14 in this area
76 Total Sales
-
Robert Hare & Tyler Hare
Seller's Agent in 2016
Robert Hare & Tyler Hare
Coldwell Banker Realty
(612) 910-0467
7 in this area
38 Total Sales
-
Jon Arne
Seller's Agent in 2015
Jon Arne
Coldwell Banker Realty
(952) 270-8390
15 in this area
55 Total Sales
-
Judith Shields
Seller's Agent in 2014
Judith Shields
Coldwell Banker Burnet
(952) 221-1723
114 Total Sales
Map
Similar Homes in Wayzata, MN
Source: NorthstarMLS
MLS Number: 6016285
APN: 16-117-23-41-0006
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