NOT LISTED FOR SALE

325 Lake St W Wayzata, MN 55391

Estimated Value: $1,243,000 - $1,488,000

3 Beds
2.5 Baths
3,000 Sq Ft
$456/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $1,175,000 $392 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,721/month

Highlights

  • Newly Remodeled
  • Gleason Lake Elementary School Rated A
  • No HOA

About This Home

As of March 2023

This home is located at 325 Lake St W, Wayzata, MN 55391 since 17 March 2023 and is currently estimated at $1,368,194, approximately $456 per square foot. This property was built in 1996. 325 Lake St W is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Meredith Howell

Coldwell Banker Realty Listed on: 03/17/2023

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,260

Year Built

  • Built in 1996 | Newly Remodeled

Lot Details

  • 7,841

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 1.5-Story Property
  • 7,841 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Westlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723140034

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,260

Year Built

Built in 1996 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Garage Spaces: 2
  • Year Built: 1996
  • Unit Levels: One and One Half
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0111723140034
  • Tax Annual Amount: 12260
  • TaxWithAssessments: 12260.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Mar 14, 2023
Sold by
Pelak Family Trust
Bought by
Margaret M Ward Revocable Trust
Buyer's Agent
Meredith Howell
Coldwell Banker Realty
Sold Price
$1,175,000
Total Days on Market
0
Current Estimated Value
$1,368,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,194
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Teichman Gerald H and Teichman Patrice C
Bought by
The Pelak Family Trust

Purchase Details

Closed on
Nov 20, 2002
Sold by
Anderson Mary V and Anderson David L
Bought by
Teichman Gerald H and Teichman Patrick C

Purchase Details

Closed on
May 28, 1997
Sold by
John L Laurent & Associates
Bought by
Anderson Mary and Anderson David L
Source: Public Records

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
Margaret M Ward Revocable Trust $1,175,000 Burnet Title
The Pelak Family Trust $820,000 --
Teichman Gerald H $324,900 --
Anderson Mary $356,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $1,175,000 -- $392 / 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 $12,493 $1,102,500 $520,000 $582,500
2022 $12,260 $1,022,000 $520,000 $502,000
2021 $10,296 $960,000 $520,000 $440,000
2020 $9,139 $839,000 $420,000 $419,000
2019 $8,437 $733,000 $335,000 $398,000
2018 $8,454 $676,000 $269,000 $407,000
2017 $8,370 $639,000 $250,000 $389,000
2016 $9,063 $670,000 $300,000 $370,000
2015 $8,618 $630,000 $260,000 $370,000
2014 -- $592,000 $260,000 $332,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6343852

NorthstarMLS

APN: 01-117-23-14-0034