$295,000
SOLD AUG 1, 2024

401 Whitegate Ln Wayzata, MN 55391

3 Beds
1.5 Baths
1,677 Sq Ft
0.55 Acres

Recently Sold

$176 Per Sq Ft

9% Below List Price

13 Days on Market

Highlights

  • Recreation Room
  • Corner Lot
  • The kitchen features windows
  • Birchview Elementary School Rated A
  • No HOA
  • Cul-De-Sac

About This Home

As of May 2025

Fantastic opportunity for significant renovation or to tear down and build new!! Picturesque, flat half acre lot in a most demand Minnetonka locale just outside Wayzata and near Wayzata Central Middle school. Hardwood floors in living room, dining room, and bedrooms. Gas fireplace in living room. Drain tile system in lower level. Irrigation system in yard. Upper level needs cosmetic updating. Lower level and garage need more significant TLC.

Last Agent to Sell the Property

Kathleen Murphy

Compass Listed on: 05/16/2024

Compass

Co-Listed By

Melissa Olmscheid

Compass

Last Buyer's Agent

Colleen Schultz

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1959

Lot Details

  • 0.55 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room

Kitchen

  • <<builtInOvenToken>>
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association
  • Whitegate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0511722110044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,932

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1417
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Full, Partially Finished, Sump Pump
  • Appliances: Dryer, Exhaust Fan, Humidifier, Refrigerator, Wall Oven, Washer, Water Softener Rented
  • Fireplace Features: Gas, Living Room
  • Living Area: 1677
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 260
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Recreation Room

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Tuckunder Garage
  • Garage Square Feet: 288

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Paneled Doors,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: SW128x117x212x192
  • Lot Size Sq Ft: 23958
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0511722110044
  • Tax Annual Amount: 3932
  • TaxWithAssessments: 3932.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
May 15, 2025
Sold by
Ding Liang and Sun Hui
Bought by
Lange David and Lange Samantha
Seller's Agent
Juila Wang
Keller Williams Classic Realty
Buyer's Agent
Gaye Christofersen
LPT Realty, LLC
List Price
$419,900
Sold Price
$418,000
Premium/Discount to List
-$1,900
-0.45%
Views
1516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.90%
Original Mortgage
$397,100
Outstanding Balance
$397,100
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$15,093

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 1, 2024
Sold by
Bednar Janice
Bought by
Ding Liang and Sun Hui
Seller's Agent
Kathleen Murphy
Compass
Buyer's Agent
Colleen Schultz
Keller Williams Premier Realty Lake Minnetonka
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.45%
Original Mortgage
$230,131
Interest Rate
6.87%
Mortgage Type
New Conventional
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 $418,000 Titlesmart
Deed $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,100 New Conventional
Previous Owner $230,131 New Conventional
Previous Owner $190,800 New Conventional
Previous Owner $188,000 New Conventional
Previous Owner $183,500 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $418,000 -0.5% $313 / Sq Ft
03/14/2025 03/14/25 For Sale $419,900 +42.3% $314 / Sq Ft
08/01/2024 08/01/24 Sold $295,000 -9.2% $176 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $325,000 -- $194 / 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 $3,932 $339,100 $206,900 $132,200
2022 $3,683 $338,300 $206,900 $131,400
2021 $3,451 $286,400 $188,100 $98,300
2020 $3,570 $270,900 $188,100 $82,800
2019 $3,506 $270,200 $188,100 $82,100
2018 $3,318 $267,100 $188,100 $79,000
2017 $2,880 $221,800 $171,500 $50,300
2016 $2,692 $206,600 $161,700 $44,900
2015 $2,469 $187,700 $147,000 $40,700
2014 -- $186,200 $147,000 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6535923

NorthstarMLS

APN: 05-117-22-11-0044