NOT LISTED FOR SALE

340 Ridge Cir Wayzata, MN 55391

Medina Area

Estimated Value: $1,383,000 - $2,100,000

4 Beds
5 Baths
5,824 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2025

Last sale price $1,310,000 $225 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,335 / mo

16 Days on Market

Highlights

  • 148,975 Sq Ft lot
  • Deck
  • Sun or Florida Room
  • Schumann Elementary School Rated A-
  • Family Room with Fireplace
  • Home Office

About This Home

As of October 2025

Welcome to 340 Ridge Circle — an exceptional one-level estate perfectly situated on 3.5 wooded acres in the prestigious North Ridge Farm neighborhood. This home blends refined design with the ease of single-level living, offering open, light-filled spaces and timeless appeal.

The main living area showcases walls of windows, inviting natural light and framing serene views. A chef-inspired kitchen with a large island and beautiful finishes makes entertaining effortless. The primary suite offers a private retreat with peaceful views and luxurious comfort.

The lower level is designed for connection and relaxation, featuring a spacious game room, stylish bar, and three additional bedrooms — providing flexibility for family and guests.

Thoughtfully designed inside and out, this property offers unmatched privacy, elegance, and functionality — your North Ridge Farm retreat awaits.

Last Agent to Sell the Property

Kylie Binstock

Keller Williams Premier Realty Lake Minnetonka Listed on: 09/02/2025

Keller Williams Premier Realty Lake Minnetonka

Co-Listed By

Bethany Nelson

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Bradley Williams

Engel & Volkers Minneapolis

Engel & Volkers Minneapolis

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,557

Year Built

  • Built in 1990

Lot Details

  • 3.42 Acre Lot
  • Lot Dimensions are 106x560x140x412x405
  • Cul-De-Sac
  • Irregular Lot
  • Many Trees

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Recreation Room
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Water Softener is Owned

Community Details

  • North Ridge Farm Association, Phone Number (612) 232-3903
  • North Ridge Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2411823440009

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,557

Year Built

Built in 1990

Lot Details

3.42 Acres

HOA Fees

$283 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Fee Frequency: Annually
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 3828
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage Space, Sump Pump, Tile Shower, Walkout
  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Gas, Wood Burning
  • Living Area: 5824
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1996
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Recreation Room, Storage, Bedroom 3, Bedroom 4, Office, Family Room, Kitchen, Sun Room, Deck, Laundry, Dining Room, Foyer, Living Room, Primary Bathroom

Beds/Baths

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

Exterior Features

  • Roof: Shake, Age Over 8 Years, Pitched
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 612-232-3903
  • Association Fee: 3400
  • Association: Yes
  • Amenities Unit: Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Multiple Phone Lines,Natural Woodwork,Patio,Paneled Doors,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: North Ridge Farm Association

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 106x560x140x412x405
  • Lot Size Sq Ft: 148975.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2411823440009
  • Tax Annual Amount: 18557
  • TaxWithAssessments: 18557.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2025
Closed on
Oct 15, 2025
Sold by
Catherine A Hicks Revocable Trust and Hicks William W
Bought by
Seller's Agent
Kylie Binstock
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Bradley Williams
Engel & Volkers Minneapolis
List Price
$1,300,000
Sold Price
$1,310,000
Premium/Discount to List
$10,000
0.77%
Views
40
Current Estimated Value
$1,698,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,513
Avg. Annual Appreciation
33.89%
Original Mortgage
$810,000
Outstanding Balance
$802,631
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$895,882

Purchase Details

Closed on
Apr 10, 2013
Sold by
Hicks William W and Hicks Catherine A
Bought by
Hicks William W and William W Hicks Revocable Trust

Purchase Details

Closed on
Sep 1, 1998
Sold by
Fredricksen Duane T
Bought by
Hicks William W and Hicks Catherine A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wayzata, MN

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$655,000 None Listed On Document
Vitense Kyle $655,000 None Listed On Document
Hicks William W -- None Available
Hicks William W $790,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $810,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $1,310,000 +0.8% $225 / Sq Ft
09/19/2025 09/19/25 Pending -- -- --
09/03/2025 09/03/25 For Sale $1,300,000 -- $223 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $20,166 $1,709,800 $350,000 $1,359,800
2024 $18,557 $1,681,200 $356,300 $1,324,900
2023 $17,449 $1,631,200 $293,800 $1,337,400
2022 $16,042 $1,525,000 $294,000 $1,231,000
2021 $15,861 $1,279,000 $281,000 $998,000
2020 $17,752 $1,274,000 $281,000 $993,000
2019 $18,284 $1,363,000 $375,000 $988,000
2018 $18,963 $1,372,000 $438,000 $934,000
2017 $18,642 $1,345,000 $400,000 $945,000
2016 $18,280 $1,295,000 $524,000 $771,000
2015 $16,488 $1,165,000 $394,000 $771,000
2014 -- $1,180,000 $394,000 $786,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6762340

NorthstarMLS

APN: 24-118-23-44-0009

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