NOT LISTED FOR SALE

321 Wise Ave Wayzata, MN 55391

Estimated Value: $2,152,000 - $3,187,000

4 Beds
3.5 Baths
4,046 Sq Ft
$647/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $2,509,500 $620 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,566/month

12 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Home Office
  • Gleason Lake Elementary School Rated A
  • Screened Porch
  • Double Oven

About This Home

As of October 2023

Welcome to 321 Wise Ave, a pristine property in an ultra-convenient Wayzata location offering easy walkable access to local amenities and within close proximity to Lake Minnetonka's parks and marinas. Skillfully designed by David Charlez and expertly built by Detail Homes this property offers both elegance and functionality. Boasting a light and bright interior blending soft whites, matte brass, and stained/enameled woodwork along with a functional floor plan featuring all the right spaces for entertainment, work, and daily living. Home highlights include: Open main floor with formal/informal dining options, bar area, and multiple seating arrangements, office, and oversized screened porch with outdoor TV and phantom screens. Upper level sumptuous primary suite with spa style bathroom, laundry, two additional bedrooms, second office with adjacent outdoor covered sitting porch. Lower level amusement area, guest room, mudroom, garage EV charger. Large backyard with high-end landscaping.

Last Agent to Sell the Property

Daniel Hollerman

Compass Listed on: 07/19/2023

Compass

Last Buyer's Agent

Elizabeth Vogt

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,073

Year Built

  • Built in 2019

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x116x89x135
  • Property is Fully Fenced
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Utility Room

Kitchen

  • Double Oven
  • Range
  • Dishwasher
  • Wine Cooler
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Ramsland Knoll Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0611722410075

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,073

Year Built

Built in 2019

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
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 3138
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Range, Refrigerator, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Gas
  • Living Area: 4046
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 908
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Informal Dining Room, Sun Room, Office, Bar/Wet Bar Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Bedroom 4, Family Room, Utility Room, Screened Porch, Porch
  • SqFtTotal: 4196.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Full, Split Rail
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Other,Rear Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Insulated Garage
  • Garage Square Feet: 526

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Other,Patio,Paneled Doors,Porch,Sun Room,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60X116X89X135
  • Lot Size Sq Ft: 9147.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0611722410075
  • Tax Annual Amount: 17073
  • TaxWithAssessments: 17073.1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Jennifer Warford Revocable Trust and Warford Jennifer
Bought by
Tessalone Rachel
Total Days on Market
12
Current Estimated Value
$2,616,724

Purchase Details

Listed on
Jul 19, 2023
Closed on
Oct 6, 2023
Sold by
Cadogan Brett and Cadogan Allison
Bought by
Jennifer Warford Revocable Trust and Warford
Seller's Agent
Daniel Hollerman
Compass
Buyer's Agent
Elizabeth Vogt
Coldwell Banker Realty
List Price
$2,795,000
Sold Price
$2,509,500
Premium/Discount to List
-$285,500
-10.21%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%

Purchase Details

Closed on
Aug 15, 2017
Sold by
Mds Investments Llc
Bought by
Cadogan Brett and Cadogan Allison

Purchase Details

Closed on
May 25, 2016
Sold by
Skjei Rolf J and Skjei Janet L
Bought by
Mds Investments Llc
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 Buyer Sale Price Title Company
Tessalone Rachel $500 Land Title
Jennifer Warford Revocable Trust $2,509,500 Burnet Title
Cadogan Brett $425,000 Burnet Title
Mds Investments Llc $910,000 Commercial Partners Title Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadogan Brett $1,176,000
Previous Owner Cadogan Brett $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $2,509,500 -10.2% $620 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $2,795,000 -- $691 / 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 $22,522 $1,920,700 $1,012,200 $908,500
2022 $14,827 $1,436,000 $574,000 $862,000
2021 $13,674 $1,124,000 $438,000 $686,000
2020 $4,106 $1,047,000 $384,000 $663,000
2019 $4,849 $340,000 $328,000 $12,000
2018 $2,920 $328,000 $328,000 $0
2017 $2,688 $182,000 $173,000 $9,000
2016 $2,392 $165,000 $156,000 $9,000
2015 $2,131 $150,000 $142,000 $8,000
2014 -- $130,000 $122,000 $8,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6401665

NorthstarMLS

APN: 06-117-22-41-0075