Seller's Agent in 2024
Stephanie Spading
Edina Realty, Inc.
(952) 454-0786
69 Total Sales
3013 Lake Shore Blvd Wayzata, MN 55391
Estimated Value: $1,555,000 - $1,592,000
4
Beds
2.5
Baths
3,358
Sq Ft
$469/Sq Ft
Est. Value
Highlights
- 81 Feet of Waterfront
- Beach Access
- Property fronts a channel
- Groveland Elementary School Rated A
- Lake View
- 4-minute walk to Libbs Lake Beach Park
About This Home
As of September 2024Discover lakeside living at its finest with this exceptional residence on Lake Minnetonka. Boasting 81 feet of channel frontage connecting Libb’s Lake to Gray’s Bay, this home features a private dock for two boats. Inside, an open concept layout blends elegance and comfort, with a gourmet kitchen, spacious living areas, and water views from the expansive windows. The upper level offers two bedrooms including the primary with a private balcony. The lower level walkout offers two additional bedrooms, spacious family room, and private office. Step right out to a sprawling patio and landscaped yard that create the perfect setting for enjoying lakefront living. Located in the Minnetonka School District, this home combines luxury with access to excellent schools and amenities including Libbs Lake swimming beach and Gray's Bay Marina within a few blocks.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,508
Year Built
- Built in 1900
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 80x158x81x163
- Property fronts a channel
- 81 Feet of Waterfront
- Lake Front
- Property is Fully Fenced
- Wood Fence
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room
- Home Office
- Lake Views
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Storage
Outdoor Features
- Beach Access
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Boiler Heating System
- 200+ Amp Service
Community Details
- No Home Owners Association
- Thorpe Bros Rgt Groveland Shores Subdivision
Listing and Financial Details
- Assessor Parcel Number 1711722210113
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2024
Closed on
Aug 23, 2024
Sold by
Mcmahon Patrick and Mcmahon Anna
Bought by
Paaverud Tyler and Paaverud Christine
Seller's Agent
Stephanie Spading
Edina Realty, Inc.
Buyer's Agent
David Gilmore
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,465,000
Premium/Discount to List
-$30,000
-2.01%
Views
46
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
$109,516
Avg. Annual Appreciation
7.25%
Original Mortgage
$732,500
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 23, 2024
Closed on
Aug 2, 2024
Sold by
Mcmahon Patrick and Mcmahon Anna
Bought by
Paaverud Tyler D and Paaverud Christine J
Seller's Agent
Stephanie Spading
Edina Realty, Inc.
Buyer's Agent
David Gilmore
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,465,000
Premium/Discount to List
-$30,000
-2.01%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,500
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 2021
Sold by
Mcmahon Patrick and Mcmahon Anna
Bought by
Mcmahon Patrick and Mcmahon Anna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
2.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2018
Sold by
Koppy Richard L and Koppy Karen M
Bought by
Mcmahon Patrick and Saugen Anna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,600
Interest Rate
4.5%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paaverud Tyler | $1,465,000 | -- | |
| Paaverud Tyler D | $1,465,000 | Watermark Title | |
| Mcmahon Patrick | -- | Gcs Title | |
| Mcmahon Patrick | $794,500 | Edgewater Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paaverud Tyler | $732,500 | |
| Previous Owner | Paaverud Tyler D | $732,500 | |
| Previous Owner | Mcmahon Patrick | $628,000 | |
| Previous Owner | Mcmahon Patrick | $635,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $1,465,000 | -2.0% | $436 / Sq Ft |
| 08/10/2024 08/10/24 | Pending | -- | -- | -- |
| 07/24/2024 07/24/24 | For Sale | $1,495,000 | -- | $445 / 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 |
|---|---|---|---|---|
| 2024 | $18,217 | $1,242,800 | $896,200 | $346,600 |
| 2023 | $16,530 | $1,195,100 | $861,500 | $333,600 |
| 2022 | $12,100 | $1,070,700 | $749,200 | $321,500 |
| 2021 | $11,401 | $819,800 | $567,600 | $252,200 |
| 2020 | $10,634 | $779,400 | $540,600 | $238,800 |
| 2019 | $8,871 | $705,000 | $472,500 | $232,500 |
| 2018 | $8,331 | $599,100 | $450,000 | $149,100 |
| 2017 | $7,604 | $517,400 | $351,400 | $166,000 |
| 2016 | $7,246 | $493,900 | $316,600 | $177,300 |
| 2015 | $6,772 | $458,900 | $290,000 | $168,900 |
| 2014 | -- | $431,300 | $290,000 | $141,300 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Spading
-
Cari Ann Carter
Seller Co-Listing Agent in 2024
Cari Ann Carter
Edina Realty, Inc.
(612) 926-9999
422 Total Sales
-
David Gilmore
Buyer's Agent in 2024
David Gilmore
Coldwell Banker Burnet
(612) 750-8411
50 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6569599
APN: 17-117-22-21-0113
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