NOT LISTED FOR SALE

3865 Shoreline Dr Wayzata, MN 55391

Estimated Value: $1,773,000 - $2,809,000

5 Beds
4.5 Baths
3,593 Sq Ft
$639/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $2,600,000 $724 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $13,184/month

85 Days on Market

Highlights

  • 38 Feet of Waterfront
  • Beach Access
  • Loft
  • Shirley Hills Primary School Rated A
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of May 2024

Modern Farmhouse meets Lake Minnetonka! Straight out of a Norman Rockwell painting, this one-of-a-kind lakehouse sits on Spring Park Bay - 1 of 5 bays rated "A" by the Lake Minnetonka Watershed District for water quality & clarity. Every inch of this 3,550 square-foot house was painstakingly designed by Kelly Award-Winning National Art Director of the Year, Jason Smith. This turn-key home features rustic white oak floors, custom ship-lap, Restoration Hardware fixtures and vanities, & 100-year-old beams that blur the line between sophistication & warm & welcoming. Completely renovated inside & out with all new HVAC & plumbing, brand new Marvin Windows that frame epic lake views, a spacious heated two-car garage, a show-stopping JennAir appliance package, a luxurious marble master bath, & a custom fireplace. All within walking distance to award-winning Vann Restaurant & the Shoreline Hotel (opening 2024). Isn't it time to stop thinking about your dream & start living it? Fall in love!

Last Agent to Sell the Property

Christine Westlund

Edina Realty, Inc. Listed on: 02/12/2024

Edina Realty, Inc.

Last Buyer's Agent

Ellen DeHaven

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,565

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 70x250
  • 38 Feet of Waterfront
  • Lake Front
  • Privacy Fence
  • Wood Fence

Parking

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

Home Design

  • Metal Roof

Interior Spaces

  • 3,593 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Family Room with Fireplace
  • Living Room
  • Loft
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Additional Features

  • Beach Access
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Townsite Of Langdon Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2011723220007

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,565

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 3593
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Family Room, Gas, Stone
  • Living Area: 3593
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Loft

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Metal
  • Fencing: Privacy, Wood
  • View: Bay, Lake
  • PatioPorchType: Composite Decking,Deck
  • Lake Acres: 14205
  • Lake Bottom: Hard,Sand,Excellent Sand
  • LakeChain: N
  • Waterfront Frontage: 38

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 557

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Westonka
  • SchoolDistrictNumber: 277
  • SchoolDistrictPhone: 952-491-8001

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 70x250
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2011723220007
  • Tax Annual Amount: 9565
  • TaxWithAssessments: 9565.3800

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 20, 2024
Sold by
Campsmith Properties Llc
Bought by
Heeb Brian and Heeb Sherry
Seller's Agent
Christine Westlund
Edina Realty, Inc.
Buyer's Agent
Ellen DeHaven
Coldwell Banker Realty
List Price
$2,850,000
Sold Price
$2,600,000
Premium/Discount to List
-$250,000
-8.77%
Views
164
Current Estimated Value
$2,296,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$303,056
Avg. Annual Appreciation
-8.96%
Original Mortgage
$1,950,000
Outstanding Balance
$1,926,709
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$370,235

Purchase Details

Closed on
Jul 7, 2022
Sold by
Brandt Zhanna
Bought by
Campsmith Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,406,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2022
Sold by
Brandt Zhanna Z
Bought by
Campsmith Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,406,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2022
Sold by
Brandt Calvin Jerome
Bought by
Brandt Zhanna Z

Purchase Details

Closed on
Oct 1, 2018
Sold by
Mickelson Jeffrey and Mickelson Tina
Bought by
Brandt Zhanna Z

Purchase Details

Closed on
Sep 27, 2011
Sold by
Larson Paul W and Larson Kathleen P
Bought by
Mickelson Jeffrey and Mickelson Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1998
Sold by
Oberhauser Louis B
Bought by
Larson Paul W and Larson Kathlenn P

Purchase Details

Closed on
Jul 19, 1998
Sold by
Oberhauser Louis B
Bought by
Larson Paul W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Heeb Brian $2,600,000 --
Campsmith Properties Llc $1,200,000 --
Campsmith Properties Llc $1,200,000 None Listed On Document
Brandt Zhanna Z -- Brusilovsky Alex
Brandt Zhanna Z $655,000 Watermark Title Agency
Mickelson Jeffrey $440,000 Burnet Title
Larson Paul W $92,589 --
Larson Paul W $92,589 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heeb Brian R $1,950,000
Previous Owner Campsmith Properties Llc $1,406,250
Previous Owner Mickelson Jeffrey $55,600
Previous Owner Mickelson Jeffrey $417,000
Previous Owner Mickelson Jeffrey $36,290
Previous Owner Mickelson Jeffrey $417,000
Previous Owner Larson Paul W $623,000
Closed Larson Paul W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $2,600,000 -8.8% $724 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $2,850,000 -- $793 / 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 $12,648 $1,278,000 $783,000 $495,000
2022 $8,734 $1,039,000 $689,000 $350,000
2021 $6,787 $853,000 $554,000 $299,000
2020 $5,892 $678,000 $385,000 $293,000
2019 $5,249 $569,000 $294,000 $275,000
2018 $5,146 $514,000 $267,000 $247,000
2017 $4,803 $447,000 $234,000 $213,000
2016 $4,454 $413,000 $221,000 $192,000
2015 $4,557 $413,000 $221,000 $192,000
2014 -- $401,000 $221,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6488203

NorthstarMLS

APN: 20-117-23-22-0007