NOT LISTED FOR SALE

3020 N Shore Dr Wayzata, MN 55391

Estimated Value: $4,091,000 - $5,097,000

3 Beds
6 Baths
5,099 Sq Ft
$934/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $5,500,000 $1,079 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $30,252/month

92 Days on Market

Highlights

  • 864 Feet of Waterfront
  • Beach Access
  • 133,729 Sq Ft lot
  • Schumann Elementary School Rated A-
  • Lake View
  • Property fronts a channel

About This Home

As of January 2024

Gorgeous North-West facing estate setting on Lake Minnetonka. Enjoy 3.07 acres of grounds accessed off of a long winding driveway through towering mature trees, a level lawn to the lake, rip rap shoreline, deck on the waters edge as well as mature canopy and green walls of lush landscaping around the perimeter. The property offers approximately 864 feet of total water frontage (~249 ft of lakeshore on Maxwell Bay and ~615 ft of lakeshore on the channel including permanent inlet boat slip)! Views are comprised of long water views over Maxwell Bay and private wooded nature preserve of Noerenberg Memorial Gardens. Rumor has it, the largest Cottonwood tree in the state of MN is sitting center stage on this property (40 ft circumference at the base + 120 ft spread at the top of the canopy)!

Last Listed By

John Adams

Compass Listed on: 10/09/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,883

Year Built

  • Built in 1910

Lot Details

  • 3.07 Acre Lot
  • Property fronts a channel
  • 864 Feet of Waterfront
  • Lake Front
  • Corner Lot

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Crystal Bay Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0911723320003

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,883

Year Built

Built in 1910

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: 2
  • Water Source: Well
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 3967
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Other
  • Living Area: 5099
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1132
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • View: East, Lake, North, West
  • Lake Acres: 14205
  • LakeChain: N
  • Waterfront Frontage: 864

Garage/Parking

  • Parking Features: Attached Garage, Detached
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 133729.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0911723320003
  • Tax Annual Amount: 41883
  • TaxWithAssessments: 41883.0000

Multi Family

  • WaterfrontFeatures: Channel Shore, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Jan 22, 2024
Sold by
Swenson Jack and Swenson Kathryn
Bought by
North Shore Serenity Llc
Seller's Agent
John Adams
Compass
Buyer's Agent
Jeffrey Dewing
Coldwell Banker Realty
List Price
$5,995,000
Sold Price
$5,500,000
Premium/Discount to List
-$495,000
-8.26%
Total Days on Market
92
Views
76
Current Estimated Value
$4,760,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$739,927
Avg. Annual Appreciation
-10.67%

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
North Shore Serenity Llc $5,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swenson Jack R $155,000
Previous Owner Swenson Jack R $1,000,000
Previous Owner Swenson Jack R $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $5,500,000 -8.3% $1,079 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
10/09/2023 10/09/23 For Sale $5,995,000 -- $1,176 / 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 $46,338 $4,136,500 $3,330,000 $806,500
2022 $36,999 $3,682,000 $3,027,000 $655,000
2021 $37,616 $2,931,000 $2,422,000 $509,000
2020 $36,233 $2,988,000 $2,486,000 $502,000
2019 $36,339 $2,760,000 $2,260,000 $500,000
2018 $32,489 $2,725,000 $2,090,000 $635,000
2017 $32,684 $2,384,000 $1,750,000 $634,000
2016 $31,077 $2,269,000 $1,750,000 $519,000
2015 $31,056 $2,269,000 $1,750,000 $519,000
2014 -- $2,240,000 $1,740,000 $500,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6425513

NorthstarMLS

APN: 09-117-23-32-0003