NOT LISTED FOR SALE

2651 Woodbridge Rd Wayzata, MN 55391

Estimated Value: $3,694,226 - $4,537,000

0.9 Acre
$4,482,306 Price per Acre
39,204 Sq Ft Lot

Last Sold July 30, 2014

Last sale price $1,445,000 $525 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $26,116/month

73 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Schumann Elementary School Rated A-
  • Agricultural

About This Lot

As of July 2014

Beautiful wooded lakeshore lot on Crystal Bay near Lafayette Club. Older home has no value, 0.9 acre of gradually sloping land down to 120' lakeshore. Enjoy online pictures - make your appt today. "As Is" Addendum required. First time offered since 1930's

Last Agent to Sell the Property

Duane Bakken

Lakes Sotheby's International Listed on: 01/20/2014

Last Buyer's Agent

Steven Imhoff

Rare Form Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $49,618

Lot Details

  • 0.9 Acre Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Finished Lot(s)

Additional Features

  • Agricultural
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1611723410023

Property Details

Property Type

Land

Est. Annual Taxes

$49,618

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 1611723410023
  • Projected Closed Date: 07/30/2014
  • Road Between Waterfront And Home: Yes
  • Street Designation: Road
  • Taxes With Assessments: 15604
  • Estimated Number of Acres: 0.9
  • Additional Information: Abstract, Survey
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 14652
  • Waterfront: Yes
  • Water Frontage: 120
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas, Private Septic

Schools

  • School District: Orono #278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2017
Sold by
Lang Michael P and Lang Julie D
Bought by
Lang Michael P and Lang Julie D
Current Estimated Value
$4,034,075

Purchase Details

Listed on
Jan 20, 2014
Closed on
Jul 30, 2014
Sold by
Reimer Dennis J and Smith Maureen C
Bought by
Lang Michael P and Lang Julie D
Seller's Agent
Duane Bakken
Lakes Sotheby's International
Buyer's Agent
Steven Imhoff
Rare Form Properties
List Price
$1,545,000
Sold Price
$1,445,000
Premium/Discount to List
-$100,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$1,011,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lang Michael P -- None Available
Lang Michael P -- Premier Title
Lang Michael P $1,445,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Michael P $250,000
Open Lang Michael P $1,833,000
Previous Owner Lang Michael P $2,000,000
Previous Owner Lang Michael P $1,011,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $1,445,000 -6.5% $525 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $1,545,000 -- $561 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $49,618 $4,221,700 $2,119,500 $2,102,200
2022 $42,953 $3,573,000 $1,843,000 $1,730,000
2021 $42,762 $3,210,000 $1,845,000 $1,365,000
2020 $44,900 $3,210,000 $1,845,000 $1,365,000
2019 $43,843 $3,182,000 $1,894,000 $1,288,000
2018 $43,432 $3,048,000 $1,735,000 $1,313,000
2017 $43,402 $2,911,000 $1,577,000 $1,334,000
2016 $19,978 $1,380,000 $1,379,000 $1,000
2015 $19,468 $1,351,000 $1,341,000 $10,000
2014 -- $967,000 $958,000 $9,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Duane Bakken

    Lakes Sotheby's International

  • S

    Buyer's Agent in 2014

    Steven Imhoff

    Rare Form Properties

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4579068

REALTOR® Association of Southern Minnesota

APN: 16-117-23-41-0023

Minnesota Hennepin County Wayzata 55391

2651 Woodbridge Rd, Wayzata, MN

This home is located at 2651 Woodbridge Rd, Wayzata, MN 55391 since 20 January 2014 and is currently estimated at $4,034,075, approximately $1,465 per square foot. 2651 Woodbridge Rd is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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