NOT LISTED FOR SALE

335 Peavey Rd Wayzata, MN 55391

Estimated Value: $3,076,000 - $3,225,000

5 Beds
5 Baths
5,731 Sq Ft
$552/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $2,875,000 $502 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $19,476/month

12 Days on Market

Highlights

  • Heated In Ground Pool
  • 52,272 Sq Ft lot
  • Main Floor Primary Bedroom
  • Gleason Lake Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of March 2024

Set on 1.2 acres in the heart of Wayzata's premier neighborhood of Highcroft, this home enjoys wonderful privacy with a large flat backyard and tree-lined borders. Main floor living at its best with an open floor plan great for entertaining larger groups or keeping family all connected, while still offering spaces comfortable to relax alone. Incredible year-round sunlight with southern-facing windows overlooking the pool. The primary bedroom on the main floor features backyard views with a walkout. Stroll into Wayzata to take in the restaurants, shops & beach area. Ideal location ready for one to move right in and enjoy! Perfect place for any chapter of life!

Last Agent to Sell the Property

Tara Engebretson

Fazendin REALTORS Listed on: 01/18/2024

Last Buyer's Agent

Ryan Platzke

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,694

Year Built

  • Built in 1974

Lot Details

  • 1.2 Acre Lot
  • Property is Fully Fenced

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Home Office
  • Game Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Crawl Space
  • Basement Window Egress

Pool

  • Heated In Ground Pool

Utilities

  • Humidifier
  • Geothermal Heating and Cooling
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Highcroft Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723420002

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,694

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Geothermal
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 4565
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Egress Window(s), Partially Finished, Unfinished
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Water Osmosis System, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Primary Bedroom, Wood Burning
  • Living Area: 5731
  • Below Grade Finished Sq Ft: 1166
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Family Room, Dining Room, Bedroom 1, Office, Sun Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Roof: Shake, Age Over 8 Years
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Full

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage
  • Garage Square Feet: 762

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Paneled Doors,Security System,In-Ground Sprinkler,Sun Room,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: NE411x245x261
  • Lot Size Sq Ft: 52272
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0111723420002
  • Tax Annual Amount: 24694
  • TaxWithAssessments: 24694.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 15, 2024
Sold by
Engebretson Erik F and Engebretson Tara A
Bought by
Taher Shawn and Taher Sara
Seller's Agent
Tara Engebretson
Fazendin REALTORS
Buyer's Agent
Ryan Platzke
Coldwell Banker Realty
List Price
$2,950,000
Sold Price
$2,875,000
Premium/Discount to List
-$75,000
-2.54%
Views
60
Current Estimated Value
$3,163,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,539
Avg. Annual Appreciation
6.36%
Original Mortgage
$2,300,000
Outstanding Balance
$2,261,816
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$901,723

Purchase Details

Closed on
Jun 23, 2006
Sold by
Olson Ciardelli Kerry
Bought by
Engebretson Erik F and Baker Engebretson Tara Ann

Purchase Details

Closed on
May 16, 2005
Sold by
Webster Charles
Bought by
Ciardelli Olson Kerry

Purchase Details

Closed on
Sep 26, 2000
Sold by
Ventura Frank J
Bought by
Webster Charles M and Webster Karin S

Purchase Details

Closed on
Aug 5, 1996
Sold by
Humphries Samuel B and Humphries Kathleen M
Bought by
Ventura Frank J and Ventura Grechen B
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
Taher Shawn $2,875,000 Burnet Title
Engebretson Erik F $1,600,000 --
Ciardelli Olson Kerry $1,390,000 --
Webster Charles M $1,300,000 --
Ventura Frank J $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taher Shawn $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $2,875,000 -2.5% $502 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $2,950,000 -- $515 / 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 $32,443 $2,621,900 $1,355,000 $1,266,900
2023 $28,091 $2,375,100 $1,187,000 $1,188,100
2022 $24,870 $2,039,000 $900,000 $1,139,000
2021 $22,304 $1,827,000 $900,000 $927,000
2020 $22,369 $1,655,000 $750,000 $905,000
2019 $19,598 $1,602,000 $725,000 $877,000
2018 $20,157 $1,409,000 $605,000 $804,000
2017 $20,299 $1,423,000 $605,000 $818,000
2016 $20,099 $1,367,000 $595,000 $772,000
2015 $18,981 $1,262,000 $560,000 $702,000
2014 -- $1,120,000 $475,000 $645,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6478705

NorthstarMLS

APN: 01-117-23-42-0002