$3,590,000
SOLD SEP 23, 2024

275 Lake St E Unit 302 Wayzata, MN 55391

Wayzata Neighborhood
2 Beds
2.5 Baths
3,125 Sq Ft
$1,208/mo HOA Fee

Recently Sold

$1,149 Per Sq Ft

1 Day on Market

Highlights

  • Lake View
  • Built-In Double Oven
  • 1-Story Property
  • Gleason Lake Elementary School Rated A
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Experience the epitome of sophisticated urban living from the top floor! Welcome to 275 Lake Street, unit 302, where over 3125 finished square feet overlook breathtaking views of Lake Minnetonka. Floor to ceiling windows flood the space with natural light, enhancing the grandeur of the generous room sizes. Centered around a love for cooking and entertaining, this gourmet kitchen will surely impress- Rift White Oak cabinetry with walnut accents, Thermador appliances, quartzite countertops, walk in pantry and coffee bar- All the details that make entertaining easy and fun! The Open Concept Great Room boasts a custom designed gas fireplace that is flanked by floating cabinets. Floor to ceiling windows will draw your attention to the tranquility of Lake Minnetonka and the expansive 58 x 11 balcony, blending indoor and outdoor living. Step through the four-panel accordion door with phantom screens and bask in the warmth of the patio heater, creating an inviting and versatile space for all seasons. The accessory rooms are just as exceptional! A cozy den is adjacent to the custom wet bar equipped with sink and Subzero refrigeration. The Primary Bedroom faces South and has sweeping sunlit views throughout the day. The Spa-like Primary Bath has a gorgeous walnut vanity with walk in shower & separate stool room. The Guest Bedroom has an equally beautifully appointed bath. Ample storage, large laundry, Sono’s surround sound, remote shades, full house water purification system, 2 heated parking stalls and the comfort of knowing you’re in a secure 18 unit building in the heart of Wayzata – The Ultimate in comfort and convenience.

Last Agent to Sell the Property

Lynne O'Reilly

Compass

Compass

Co-Listed By

Harry Johnson

Compass

Last Buyer's Agent

Julie Regan

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,123

Year Built

  • Built in 2019

HOA Fees

  • $1,208 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Secure Parking

Property Views

  • Lake
  • City

Interior Spaces

  • 3,125 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System

Community Details

  • Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Gassen Association, Phone Number (952) 922-2004
  • Low-Rise Condominium
  • Cic 2086 Wayzata Blu Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0611722320048

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,123

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,208 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 3125
  • Water Body Name: Minnetonka
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 3125
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 3125
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 3125.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • View: Bay
  • ConstructionMaterialsDesc: Concrete,Frame,Steel
  • Lake Acres: 14205
  • LakeChain: N

Garage/Parking

  • Parking Features: Assigned, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Parking Garage, Secured

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 952-922-2004
  • Association Fee: 1208
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),City View,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Main Floor Primary Bedroom,Natural Woodwork,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Gassen

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 32103.72
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Engineered Wood

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0611722320048
  • Tax Annual Amount: 40123
  • TaxWithAssessments: 40123.3400

Multi Family

  • WaterfrontFeatures: Lake View

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $3,590,000 0.0% $1,149 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $3,590,000 +20.8% $1,149 / Sq Ft
04/27/2020 04/27/20 Sold $2,972,843 +3.4% $951 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $2,875,000 +2.7% $920 / Sq Ft
04/02/2019 04/02/19 For Sale $2,800,000 -- $896 / Sq Ft
Source: NorthstarMLS

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 $40,123 $3,356,800 $830,000 $2,526,800
2022 $34,727 $2,825,000 $438,000 $2,387,000
2021 $22,645 $2,517,000 $438,000 $2,079,000
2020 $8,346 $1,679,000 $438,000 $1,241,000
2019 -- $0 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $3,590,000 --
Warranty Deed $2,972,844 Guaranty Commercial Title
Certificate Of Transfer -- --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6572313

NorthstarMLS

APN: 06-117-22-32-0048