NOT LISTED FOR SALE

2637 Arcola Ln Wayzata, MN 55391

Estimated Value: $2,300,000 - $2,807,054

4 Beds
4 Baths
3,910 Sq Ft
$681/Sq Ft Est. Value

About This Home

This home is located at 2637 Arcola Ln, Wayzata, MN 55391 and is currently estimated at $2,660,764, approximately $680 per square foot. 2637 Arcola Ln is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Abraham Santiago Miguel and Abraham Vanessa Fernandez
Bought by
2637 Arcola Llc
Current Estimated Value
$2,660,764

Purchase Details

Closed on
Dec 8, 2016
Sold by
Santiago Frank R
Bought by
Abraham Santiago Miguel and Abraham Vanessa Fernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Menzel Keith A and Menzel Julie C
Bought by
Santiago Frank R and Santiago Kelley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.74%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2014
Sold by
Meder David C
Bought by
Menzel Keith A

Purchase Details

Closed on
Sep 30, 1997
Sold by
Carlson Evelyn M and Haza Richard
Bought by
Meder David C and Meder Diane Raulings
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
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

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 $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

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