NOT LISTED FOR SALE

3025 Lake Shore Blvd Wayzata, MN 55391

Estimated Value: $1,162,000 - $1,342,000

3 Beds
2.5 Baths
2,289 Sq Ft
$551/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $1,125,000 $491 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,019/month

27 Days on Market

Highlights

  • 42 Feet of Waterfront
  • Beach Access
  • Property fronts a channel
  • Groveland Elementary School Rated A
  • Lake View
  • 3-minute walk to Libbs Lake Beach Park

About This Home

As of August 2023

Welcome to your charming, fully remodeled Lake Minnetonka abode on Libbs Lake Channel! This delightful home offers comfort, convenience & access to Gray’s Bay. Discover a main-level master bedroom w/ private en-suite, 2 closets & laundry. Updated owner’s bath has a double sink, quartz countertop, polished tile flooring, & a tile shower w/ glass surround. Open concept, vaulted ceilings, plus lakeside great room w/ attached screen porch! Renovated kitchen features quartz countertops, soft touch cabinetry & stainless steel appliances. Upper-level has two large bedrooms connected to a Jack-and-Jill bathroom. Refinished oak wood floors throughout the main level & new trim. Extra space in the lower-level family room w/ an egress window – possibility to create a 4th bedroom. Backyard fire pit with a beautiful view. Added electrical to the shed / dock & an in-ground sprinkler system. 42 ft of lakeshore & a year round dock. 5 min. drive to downtown Wayzata, 15 min. drive to downtown Mpls.

Last Agent to Sell the Property

Keith Taylor

ERA Prospera Real Estate Brokerage Phone: 715-213-7494 Listed on: 07/12/2023

Last Buyer's Agent

Dave Brown

Dave Brown, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,418

Year Built

  • Built in 1925

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 42 x 168 x 41 x 163
  • Property fronts a channel
  • 42 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Flex
  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Screened Porch
  • Storage Room
  • Utility Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Thorpe Bros Rgt Groveland Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1711722210105

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,418

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1733
  • Water Body Name: Minnetonka
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 715-213-7494
  • Attribution Contact: 715-213-7494
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Storage Space
  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 2289
  • Fireplace: No
  • Below Grade Finished Sq Ft: 556
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Flex Room, Laundry, Screened Porch, Foyer, Storage, Utility Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Covered,Enclosed,Porch,Rear Porch,Screened
  • Lake Acres: 14729
  • Lake Bottom: Gravel,Hard,Sand
  • LakeChain: N
  • Waterfront Frontage: 42

Garage/Parking

  • Parking Features: Detached, Electric, Garage Door Opener
  • Garage Square Feet: 400
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Dock,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Paneled Doors,Porch,Security System,Skylight,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 42 x 168 x 41 x 163
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1711722210105
  • Tax Annual Amount: 13418
  • TaxWithAssessments: 12034.0000

Multi Family

  • WaterfrontFeatures: Channel Shore, Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 30, 2023
Sold by
Phillip W Cronen Revocable Trust
Bought by
Ross David E and Ross Pamela R
Seller's Agent
Keith Taylor
ERA Prospera Real Estate
Buyer's Agent
Dave Brown
Dave Brown, REALTORS
List Price
$1,195,000
Sold Price
$1,125,000
Premium/Discount to List
-$70,000
-5.86%
Views
76
Current Estimated Value
$1,260,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,805
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Dec 12, 2019
Sold by
Premium Property Group Inc
Bought by
Phillip W Cronen Revocable Trust

Purchase Details

Closed on
Jun 28, 2019
Sold by
Carlson Jennifer and Carlson Linda H
Bought by
Premium Property Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,400
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2019
Sold by
Carlson Jennifer and Carlson Linda H
Bought by
Premium Property Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,400
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 4, 2002
Sold by
Erickson Gregory and Erickson Claire
Bought by
Carlson Linda

Purchase Details

Closed on
Aug 21, 1998
Sold by
Chandler Chris C and Chandler Heidi N
Bought by
Erickson Gregory J
Source: Public Records

Range of Values:

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Average Value
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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
Ross David E $1,125,000 Scott County Abstract & Title
Phillip W Cronen Revocable Trust $799,900 Minnesota Title
Premium Property Group Inc $525,000 Edgewater Title
Premium Property Group Inc $525,000 Edgewater Title Group Llc
Carlson Linda $410,000 --
Erickson Gregory J $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Premium Property Group Inc $526,400
Previous Owner Premium Property Group Inc $526,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $1,125,000 0.0% $491 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $1,125,000 -5.9% $491 / Sq Ft
07/14/2023 07/14/23 For Sale $1,195,000 -- $522 / 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
2024 $16,333 $1,122,700 $746,800 $375,900
2023 $14,792 $1,077,900 $717,900 $360,000
2022 $12,034 $979,100 $624,300 $354,800
2021 $11,420 $815,800 $473,000 $342,800
2020 $8,427 $780,600 $450,500 $330,100
2019 $7,634 $575,300 $393,800 $181,500
2018 $7,182 $526,600 $375,000 $151,600
2017 $6,933 $474,900 $286,700 $188,200
2016 $6,967 $474,900 $258,300 $216,600
2015 $6,116 $414,500 $200,000 $214,500
2014 -- $399,000 $200,000 $199,000
Source: Public Records

Agents Affiliated with this Home

  • Keith Taylor

    Seller's Agent in 2023

    Keith Taylor

    ERA Prospera Real Estate

    (715) 213-7494

    281 Total Sales

    Keith Taylor
    Section Image
  • Dave Brown

    Buyer's Agent in 2023

    Dave Brown

    Dave Brown, REALTORS

    (612) 636-7821

    99 Total Sales

    Dave Brown
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6400249

NorthstarMLS

APN: 17-117-22-21-0105

Minnesota Hennepin County Wayzata 55391

3025 Lake Shore Blvd, Wayzata, MN

This home is located at 3025 Lake Shore Blvd, Wayzata, MN 55391 since 12 July 2023 and is currently estimated at $1,260,805, approximately $550 per square foot. This property was built in 1925. 3025 Lake Shore Blvd is a home located in Hennepin County with nearby schools including Groveland Elementary School, Minnetonka East Middle School, and Minnetonka Senior High School.

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