$754,000
SOLD APR 17, 2025

355 Margaret Cir Wayzata, MN 55391

4 Beds
3.5 Baths
3,600 Sq Ft
0.81 Acres

Recently Sold

$209 Per Sq Ft

1% Above List Price

33 Days on Market

Highlights

  • Home fronts a pond
  • 35,284 Sq Ft lot
  • No HOA
  • Gleason Lake Elementary School Rated A
  • Family Room with Fireplace
  • Game Room

About This Home

As of April 2025

Welcome to 355 Margaret Circle, Wayzata, MN 55391! This charming property is being sold as-is, offering a unique opportunity for buyers looking to invest in a home with great potential. Nestled in a desirable neighborhood, this residence boasts a spacious layout and a generous lot, perfect for those with a vision to renovate or customize to their liking. With its prime location near local amenities, parks, and schools, this home is a fantastic canvas waiting for your personal touch. Don't miss out on this opportunity to create your dream home in Wayzata!

Last Agent to Sell the Property

Tony Sarenpa

Keller Williams Premier Realty Lake Minnetonka Listed on: 01/31/2025

Keller Williams Premier Realty Lake Minnetonka

Last Buyer's Agent

Whitney Blessing

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,898

Year Built

  • Built in 1959

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 70x75.36x209.56x205.65x314.5
  • Home fronts a pond
  • Infill Lot
  • Additional Parcels

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Home Design

  • Flex
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Electric Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Game Room
  • Washer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Fazendins Add To Wayzata Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3111822340020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,898

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Fully Wheelchair, Other, Partially Wheelchair, Roll-In Shower, Soaking Tub
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 2250
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 35x65
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler
  • Fireplace Features: Electric, Family Room, Gas, Living Room
  • Living Area: 3600
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1350
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Game Room, Bar/Wet Bar Room, Flex Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Architectural Shingle, Asphalt
  • ConstructionMaterialsDesc: Concrete,Stone
  • PatioPorchType: Front Porch,Screened

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Insulated Garage
  • Garage Square Feet: 950
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,In-Ground Sprinkler,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 70x75.36x209.56x205.65x314.5
  • Lot Size Sq Ft: 35283.6
  • Land Lease: No
  • Lot Features: Infill Lot, Many Trees
  • Additional Parcels Description: TBD
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3111822340020
  • Tax Annual Amount: 6898
  • TaxWithAssessments: 6898.0000

Multi Family

  • WaterfrontFeatures: Other, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 17, 2025
Sold by
Custom One Homes Llc
Bought by
Blessing Whitney Guyer
Seller's Agent
Tony Sarenpa
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$749,900
Sold Price
$754,000
Premium/Discount to List
$4,100
0.55%
Views
41
Current Estimated Value
$760,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,709
Avg. Annual Appreciation
2.42%
Original Mortgage
$375,000
Outstanding Balance
$359,063
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$401,646

Purchase Details

Closed on
Sep 4, 2024
Sold by
Claude W Stevens Revocable Trust Under
Bought by
Custom One Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2020
Sold by
Stevens Claude W
Bought by
Stevens Claude W and Stevens Lisa Monica
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 Type Sale Price Title Company
Warranty Deed $754,000 Great North Title
Deed $705,000 --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $705,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $754,000 0.0% $403 / Sq Ft
04/17/2025 04/17/25 Sold $754,000 +0.5% $209 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/05/2025 03/05/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $749,900 0.0% $401 / Sq Ft
01/31/2025 01/31/25 For Sale $749,900 -- $208 / 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 $6,898 $646,000 $382,200 $263,800
2022 $5,865 $618,000 $360,000 $258,000
2021 $5,720 $496,000 $275,000 $221,000
2020 $5,275 $484,000 $275,000 $209,000
2019 $5,310 $430,000 $233,000 $197,000
2018 $5,602 $431,000 $233,000 $198,000
2017 $4,769 $382,000 $197,000 $185,000
2016 $4,669 $363,000 $186,000 $177,000
2015 $4,807 $363,000 $186,000 $177,000
2014 -- $339,000 $170,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6655847

NorthstarMLS

APN: 31-118-22-34-0020