2903 Westwood Rd S Wayzata, MN 55391
4
Beds
4.5
Baths
4,715
Sq Ft
0.64
Acres
Highlights
- Lake Front
- Multiple Garages
- Main Floor Primary Bedroom
- Schumann Elementary School Rated A-
- Fireplace in Primary Bedroom
- Great Room
About This Home
As of November 2024Thoughtfully crafted shingle-style beauty in the heart of Minnetonka Beach! Main-floor living with an inspiring great room featuring a stone fireplace and wall of glass overlooking Lafayette Bay. High level of detail throughout including hardwood floors, custom millwork, and southerly views of the lake from nearly every room. Center-island kitchen with high-end appliances and additional support area. Main floor primary with fireplace, luxury bath and walk-in closet with laundry. Step outside to the lakeside deck and enjoy the view! Upper-level features three bedrooms-all ensuite, family room, office overlooking the lake, and laundry room. Unfinished walk-out lower level features endless opportunities for future living and entertaining space. Attached heated two-car garage and additional three-car garage with lofted storage provides plenty of room for all the toys. Demand location steps to the Dakota Bike Trail and Lafayette Club’s tennis, pool, and golf facilities. Minutes to downtown Wayzata. Award-winning Orono schools.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-719-4477 Listed on: 07/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,649
Year Built
- Built in 2012
Lot Details
- 0.64 Acre Lot
- Lot Dimensions are 60 x 438
- Lake Front
- Few Trees
Parking
- 5 Car Attached Garage
- Multiple Garages
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 4,715 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Great Room
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Drain
- Basement Storage
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Radiant Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1611723310039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Nov 15, 2024
Sold by
Ziebarth Jeffrey and Hanser Laura
Bought by
Olson Nicholas and Olson Ashley
Seller's Agent
Gregg Larsen
Coldwell Banker Realty
Buyer's Agent
Chi Pham
Compass
List Price
$3,795,000
Sold Price
$3,410,000
Premium/Discount to List
-$385,000
-10.14%
Total Days on Market
65
Views
69
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
-$37,444
Avg. Annual Appreciation
2.84%
Original Mortgage
$1,650,000
Outstanding Balance
$1,635,318
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,847,105
Purchase Details
Closed on
Jul 29, 2009
Sold by
Abbott Michael G and Abbott Kristen J
Bought by
Ziebarth Jeffrey
Purchase Details
Closed on
Jun 25, 2004
Sold by
Peet Elaine and Peet Anthony D M
Bought by
Abbott Michael G and Abott Kristen J
Purchase Details
Closed on
Oct 30, 2003
Sold by
The Nancy M Osgood Trust
Bought by
Peet Anthony M and Peet Elaine
Similar Homes in Wayzata, MN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,410,000 | Flex Title | |
| Warranty Deed | $620,000 | -- | |
| Warranty Deed | $747,500 | -- | |
| Deed | $699,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,650,000 | New Conventional | |
| Previous Owner | $155,000 | Credit Line Revolving | |
| Previous Owner | $239,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $1,170,000 | New Conventional | |
| Previous Owner | $963,200 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $775,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $3,410,000 | 0.0% | $723 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | Off Market | $3,410,000 | -- | -- |
| 09/04/2024 09/04/24 | Price Changed | $3,595,000 | -5.3% | $762 / Sq Ft |
| 07/20/2024 07/20/24 | For Sale | $3,795,000 | -- | $805 / 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 | $27,650 | $2,390,500 | $944,500 | $1,446,000 |
| 2022 | $19,058 | $1,972,000 | $821,000 | $1,151,000 |
| 2021 | $18,380 | $1,472,000 | $720,000 | $752,000 |
| 2020 | $18,720 | $1,428,000 | $690,000 | $738,000 |
| 2019 | $18,736 | $1,376,000 | $616,000 | $760,000 |
| 2018 | $17,983 | $1,351,000 | $610,000 | $741,000 |
| 2017 | $17,400 | $1,218,000 | $587,000 | $631,000 |
| 2016 | $16,673 | $1,166,000 | $587,000 | $579,000 |
| 2015 | $15,710 | $1,107,000 | $527,000 | $580,000 |
| 2014 | -- | $880,000 | $345,000 | $535,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Gregg Larsen
Coldwell Banker Realty
(952) 473-3000
60 in this area
196 Total Sales
-
Seller Co-Listing Agent in 2024
Arthur Hays
Lakes Sotheby's International Realty
(612) 805-5929
6 in this area
169 Total Sales
-
Buyer's Agent in 2024
Chi Pham
Compass
(612) 220-3475
3 in this area
25 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6569702
APN: 16-117-23-31-0039
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