$1,422,500
SOLD MAR 31, 2025

2923 County Road 101 S Wayzata, MN 55391

5 Beds
4.5 Baths
4,342 Sq Ft
0.78 Acres

Recently Sold

$328 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Sauna
  • 3 Fireplaces
  • Home Office
  • Groveland Elementary School Rated A
  • No HOA
  • Double Oven

About This Home

As of March 2025

Breathtaking custom built 2-story home situated on a .75-acre lot located 1 block from Grays Bay landing on Lake Minnetonka. The main level features beautiful hardwood floors, private study, 3-season porch, dining room and a large living room. The kitchen has custom cabinets, quartz countertops, high end appliances and a large center island. The upper level has 4 bedrooms including a private owners suite with a spacious closet, walk-in shower, soaking tub and double vanity. The lower-level boasts an oversized family room, wet bar, 5th bedroom and a sauna. The newly fully fenced back yard is incredible for entertaining while sitting on the patio and enjoying the stone fire pit. Minnetonka Schools and just a few blocks from Groveland Elementary. This amazing property location is close to all the fine dining, shopping and entertainment that downtown Wayzata has to offer.

Last Agent to Sell the Property

Nick Welu

Coldwell Banker Realty Brokerage Phone: 612-616-5179 Listed on: 01/24/2025

Coldwell Banker Realty

Last Buyer's Agent

Daniel LaQua

Weichert, Realtors-Advantage

Weichert, Realtors-Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,099

Year Built

  • Built in 2018

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 113x303x101x293
  • Property is Fully Fenced

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Family Room
  • Living Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Cable TV Available

Additional Features

  • Air Exchanger
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 1711722220020

Community Details

Overview

  • No Home Owners Association
  • The Herzog Deephaven Acres Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,099

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 2018
  • Above Grade Finished Sq Ft: 3191
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-616-5179
  • Attribution Contact: 612-616-5179
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas
  • Living Area: 4342
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1151
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Bar/Wet Bar Room, Sauna, Office, Three Season Porch

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Full
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Porch

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 708

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Patio,In-Ground Sprinkler,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 113x303x101x293
  • Lot Size Sq Ft: 33976.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1711722220020
  • Tax Annual Amount: 13099
  • TaxWithAssessments: 13099.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Mar 27, 2025
Sold by
Cassens Jon and Cassens Jamie
Bought by
Algappan Lakshmi and Subramanian Algappan
Seller's Agent
Nick Welu
Coldwell Banker Realty
Buyer's Agent
Daniel LaQua
Weichert, Realtors-Advantage
List Price
$1,395,000
Sold Price
$1,422,500
Premium/Discount to List
$27,500
1.97%
Views
134
Current Estimated Value
$1,406,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,976
Avg. Annual Appreciation
-5.46%
Original Mortgage
$805,000
Outstanding Balance
$793,788
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$595,576

Purchase Details

Closed on
Jan 19, 2018
Sold by
Hollan Mark L and Jaeger Hollan Phyllis
Bought by
Cassens Jon and Cassens Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,810
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2014
Sold by
Hoiland Mark L and Jaeger Phyllis
Bought by
County Of Hennepin

Purchase Details

Closed on
Jun 28, 2012
Sold by
Hoiland Melissa Worrell
Bought by
Hoiland Mark L

Purchase Details

Closed on
Aug 22, 1996
Sold by
Vogt K Thomas
Bought by
Hoiland Mark L and Hoiland Melissa Worrell
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,422,500 Burnet Title
Warranty Deed $240,000 Edina Realty Title Inc
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $121,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $805,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $700,104 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $738,810 Adjustable Rate Mortgage/ARM
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $1,422,500 +2.0% $328 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $1,395,000 -- $321 / Sq Ft
Source: NorthstarMLS

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 $13,099 $963,700 $286,100 $677,600
2022 $10,575 $928,700 $286,100 $642,600
2021 $10,483 $726,700 $174,600 $552,100
2020 $10,801 $723,100 $174,600 $548,500
2019 $3,468 $714,900 $174,600 $540,300
2018 $3,362 $252,400 $174,600 $77,800
2017 $3,578 $245,100 $171,500 $73,600
2016 $3,415 $232,800 $161,700 $71,100
2015 $3,112 $210,900 $147,000 $63,900
2014 -- $229,900 $147,000 $82,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6652431

NorthstarMLS

APN: 17-117-22-22-0020