NOT LISTED FOR SALE

345 Ferndale Rd N Wayzata, MN 55391

Estimated Value: $697,000 - $994,000

3 Beds
2.5 Baths
2,969 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $714,000 $240 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,787/month

10 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • Home Office
  • Gleason Lake Elementary School Rated A
  • No HOA
  • Sitting Room

About This Home

As of June 2024

The architecturally unique home is one of a kind. The open and spacious main floor seamlessly connects the living, dining, and kitchen areas, ideal for both daily life and entertaining. The living space , with its many windows, ornate wood ceiling beams and vaulted ceiling, is full of natural light. Gourmet kitchen, updated in 2003, opens into dining room, and a large maintenance-free deck overlooking private backyard with pond and wildlife galore. Conveniently located laundry room on main level. Open stairwell to upper level remodeled primary suite with soaring ceiling, cozy window alcove, study, walk-in closet and remodeled bath. Walk out lower level has large living space, 2 bedrooms, 3/4th bath. Find ample storage in the under-stair storage space, utility closet with sink and large heated storage/3rd garage opening to backyard. Best of all is the heated greenhouse for all your growing needs. Walking/biking distance to Wayzata and lake. One acre lot.

Last Agent to Sell the Property

Jessi Rao

RE/MAX Results Listed on: 05/09/2024

RE/MAX Results

Last Buyer's Agent

Faranak Toma

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1974

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 140x300
  • Home fronts a pond

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Home Office

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Additional Features

  • Deck
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Hill Oway Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3611823410028

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,632

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 1853
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 70x24
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2969
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1116
  • Basement YN: Yes
  • Dining Room Type: Foyer, Living Room, Dining Room, Kitchen, Sun Room, Laundry, Deck, Bedroom 1, Office, Walk In Closet, Bedroom 2, Bedroom 3, Family Room, Sitting Room

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Metal
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener, Heated Garage
  • Garage Square Feet: 525
  • ParkingOpen: 1

Utilities

  • Heating: Boiler, Radiator(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,In-Ground Sprinkler,Vaulted Ceiling(s)

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 140x300
  • Lot Size Sq Ft: 41817.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3611823410028
  • Tax Annual Amount: 4632
  • TaxWithAssessments: 4632.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 6, 2024
Sold by
Williams James and Hughes-Williams Judith
Bought by
Shad Mohammad and Gazani Zahra
Seller's Agent
Jessi Rao
RE/MAX Results
Buyer's Agent
Faranak Toma
Bridge Realty, LLC
List Price
$699,900
Sold Price
$714,000
Premium/Discount to List
$14,100
2.01%
Views
39
Current Estimated Value
$806,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,215
Avg. Annual Appreciation
1.97%
Original Mortgage
$714,000
Outstanding Balance
$708,186
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$23,045

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 4, 2024
Sold by
Williams James J and Hughes-Williams Judith A
Bought by
Shad Mohammed Karimi and Gazani Zahra Mohamadi
Seller's Agent
Jessi Rao
RE/MAX Results
Buyer's Agent
Faranak Toma
Bridge Realty, LLC
List Price
$699,900
Sold Price
$714,000
Premium/Discount to List
$14,100
2.01%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Outstanding Balance
$708,186
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$23,045

Purchase Details

Closed on
Aug 1, 2002
Sold by
Richard F Palmer Trust
Bought by
Williams James J and Hughes Williams Judith A
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
Shad Mohammad $714,000 --
Shad Mohammed Karimi $714,000 Results Title
Williams James J $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shad Mohammad $714,000
Closed Shad Mohammed Karimi $571,200
Previous Owner Williams James J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $714,000 +2.0% $240 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $699,900 0.0% $236 / Sq Ft
05/09/2024 05/09/24 Price Changed $699,900 -- $236 / 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 $4,731 $476,400 $213,500 $262,900
2022 $4,497 $458,000 $197,000 $261,000
2021 $4,292 $400,000 $172,000 $228,000
2020 $4,056 $381,000 $168,000 $213,000
2019 $4,047 $351,000 $154,000 $197,000
2018 $4,145 $351,000 $147,000 $204,000
2017 $3,760 $326,000 $123,000 $203,000
2016 $3,572 $303,000 $116,000 $187,000
2015 $3,440 $287,000 $100,000 $187,000
2014 -- $270,000 $100,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6488399

NorthstarMLS

APN: 36-118-23-41-0028