NOT LISTED FOR SALE

3705 Northome Rd Wayzata, MN 55391

Estimated Value: $2,606,000 - $7,083,000

5 Beds
6 Baths
8,663 Sq Ft
$668/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $7,000,000 $808 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $36,483/month

52 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Beach Access
  • Multiple Garages
  • Deephaven Elementary School Rated A
  • Heated In Ground Pool
  • Lake View

About This Home

As of May 2024

Stunning custom-built home finely crafted by Murphy and Co. and built by Charles Cudd. Relax or entertain on the expansive porch with phantom screens or by the pool while taking in views of the lush outdoor gardens and 250 feet of lakeshore. The fire pit and hot tub make any outdoor gathering complete. Move entertaining to the lake with access to two full docks, with slips for four watercraft on St. Louis Bay! Treat yourself to a home spa day in the luxurious primary bath with marble finish and an oversized walk-in closet. Well-appointed chef-inspired kitchen with views of the lake. Ample indoor entertainment options include full bar, media, billboard and exercise rooms with a sport court! Enjoy the serenity of this amenity-filled wonder with the convenience of access to all that this neighborhood has to offer. Award-winning Minnetonka schools, just 1.5 miles to Deephaven Elementary. Enjoy Deephaven Beach and Thorpe Park. Minutes to downtown Excelsior and Wayzata.

Last Agent to Sell the Property

Ilya Zderchuk

Lakes Sotheby's International Listed on: 02/15/2024

Lakes Sotheby's International

Co-Listed By

Jacob Smith

Lakes Sotheby's International Realty

Last Buyer's Agent

Drew Hueler

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,493

Year Built

  • Built in 2013

Lot Details

  • 2.19 Acre Lot
  • 250 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Property has an invisible fence for dogs
  • Partially Fenced Property
  • Wood Fence

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Architectural Shingle Roof
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Home Office
  • Home Gym
  • Lake Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Drainage System
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Beach Access
  • Sport Court

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Private Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1311723430015

Community Details

Overview

  • No Home Owners Association
  • Deephaven Park Sub 2 Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,493

Year Built

Built in 2013

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 2013
  • Above Grade Finished Sq Ft: 5116
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, Finished, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 8663
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 3547
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Office, Sitting Room, Athletic Court, Billiard, Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Architectural Shingle, Pitched
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Invisible, Partial, Wood
  • View: East, Lake, Panoramic, South
  • Other Structures: Additional Garage, Hot Tub, Pool House
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Deck,Patio,Rear Porch,Screened
  • Lake Acres: 14205
  • LakeChain: N
  • Waterfront Frontage: 250

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages
  • Garage Square Feet: 1161
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Deck,Dock,Exercise Room,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,Panoramic View,Security System,Boat Slip,In-Ground Sprinkler,Tile Floors,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 95396.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1311723430015
  • Tax Annual Amount: 65493
  • TaxWithAssessments: 65493.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 22, 2024
Sold by
Meyer Michele and Meyer Richard
Bought by
The Rella Trust Dated May 13 2024
Seller's Agent
Ilya Zderchuk
Lakes Sotheby's International
Buyer's Agent
Drew Hueler
Coldwell Banker Realty
List Price
$7,595,000
Sold Price
$7,000,000
Premium/Discount to List
-$595,000
-7.83%
Views
199
Current Estimated Value
$5,692,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,307,599
Avg. Annual Appreciation
-14.16%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Meyer Michele and Meyer Richard J
Bought by
Meyer Michele and Meyer Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2011
Sold by
646 Ferndale Road West Llc
Bought by
Meyer Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,436,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2011
Sold by
Heithoff Karen S and Heithoff Kenneth B
Bought by
646 Ferndale Road West Llc

Purchase Details

Closed on
Dec 14, 2010
Sold by
Heithoff Kenneth B and Heithoff Karen S
Bought by
Hiethoff Karen S
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
The Rella Trust Dated May 13 2024 $7,000,000 --
Meyer Michele -- Custom Home Builders Title L
Meyer Michele $1,795,000 Burnet Title
646 Ferndale Road West Llc -- None Available
Heithoff Karen S -- None Available
Hiethoff Karen S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Michele $500,000
Previous Owner Meyer Michele $290,000
Previous Owner Meyer Michele $2,000,000
Previous Owner Meyer Michele $1,436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $7,000,000 -7.8% $808 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $7,595,000 -- $877 / 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 $65,601 $5,340,000 $2,655,400 $2,684,600
2022 $57,248 $5,167,000 $2,529,000 $2,638,000
2021 $56,256 $4,186,000 $2,020,000 $2,166,000
2020 $52,947 $4,117,000 $1,980,000 $2,137,000
2019 $52,731 $3,731,000 $1,705,000 $2,026,000
2018 $52,173 $3,737,000 $1,705,000 $2,032,000
2017 $52,786 $3,672,000 $1,705,000 $1,967,000
2016 $53,833 $3,672,000 $1,635,000 $2,037,000
2015 $49,358 $3,331,000 $1,445,000 $1,886,000
2014 -- $1,938,000 $1,318,000 $620,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6447243

NorthstarMLS

APN: 13-117-23-43-0015