405 Bushaway Rd Wayzata, MN 55391
Wayzata NeighborhoodEstimated Value: $3,216,000 - $8,921,425
5
Beds
7
Baths
6,775
Sq Ft
$1,090/Sq Ft
Est. Value
Highlights
- 125 Feet of Waterfront
- Beach Access
- Lake View
- Gleason Lake Elementary School Rated A
- Home Theater
- 50,000 Sq Ft lot
About This Home
As of December 2023Stunning John Kraemer & Sons west-facing contemporary on Wayzata Bay. Landscaped for privacy on 125 feet of ideal elevation. Walls of windows throughout provide unparalleled views of Lake Minnetonka and sunset views. Primary living areas on the main floor with elevator access to lower level. Kitchen boasts a double island and hidden catering pantry for entertaining and additional storage. The primary suite includes an elegant combination of stone and wood with an expansive closet and private laundry providing the perfect owner’s sanctuary. The most discerning buyer will be impressed with the details throughout the home which include steel beams, clerestory windows, walnut cabinetry and walls of stone. Entertain in the lower-level walkout that hosts a bar, pool table and media room completed by a spa with a large sauna and steam shower. Four bedrooms, two with ensuite bathrooms, on the lower level. Superb location with walking paths to Wayzata. This is a rare opportunity!
Last Listed By
Coldwell Banker Realty Brokerage Phone: 612-309-6022 Listed on: 09/05/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $73,111
Year Built
- Built in 2021
Lot Details
- 1.15 Acre Lot
- Lot Dimensions are 125x400
- 125 Feet of Waterfront
- Lake Front
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- 3 Fireplaces
- Home Theater
- Home Office
- Game Room with Fireplace
- Utility Room Floor Drain
- Home Gym
- Lake Views
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Window Egress
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Beach Access
- Porch
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Water Filtration System
Community Details
- No Home Owners Association
- Wayzata Junction 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0511722330005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2023
Closed on
Dec 11, 2023
Sold by
Pine River Cabin Llc
Bought by
Mark S Ratner Revocable Trust and Lisa P Ratner Revocable Trust
Seller's Agent
Carrie Hey
Coldwell Banker Realty
Buyer's Agent
Carrie Hey
Coldwell Banker Realty
List Price
$10,995,000
Sold Price
$10,000,000
Premium/Discount to List
-$995,000
-9.05%
Total Days on Market
25
Views
515
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,615,394
Avg. Annual Appreciation
-19.11%
Purchase Details
Closed on
Feb 20, 2018
Sold by
Taylor Carolyn
Bought by
Pine River Cabin Llc
Purchase Details
Closed on
Feb 8, 2018
Sold by
Markus Ann B
Bought by
Taylor Carolyn
Purchase Details
Closed on
Dec 18, 2013
Sold by
Markus Duane A and Markus Ann B
Bought by
The Trust Agreement Of Duane & Ann Marku
Purchase Details
Closed on
Aug 11, 2000
Sold by
Stuart Roy O and Stuart Sherry B
Bought by
Markus Duane A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
10%
Mortgage Type
Land Contract Argmt. Of Sale
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Similar Homes in Wayzata, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mark S Ratner Revocable Trust | $10,882,352 | Burnet Title | |
| Pine River Cabin Llc | -- | None Available | |
| Taylor Carolyn | $3,200,000 | Custom Home Bldrs Title Llc | |
| The Trust Agreement Of Duane & Ann Marku | -- | None Available | |
| Markus Duane A | -- | None Available | |
| Markus Duane A | $415,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pine River Cabin Llc | $2,500,000 | |
| Previous Owner | Markus Duane A | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $10,000,000 | -9.0% | $1,476 / Sq Ft |
| 10/01/2023 10/01/23 | Pending | -- | -- | -- |
| 09/05/2023 09/05/23 | For Sale | $10,995,000 | +243.6% | $1,623 / Sq Ft |
| 02/08/2018 02/08/18 | Sold | $3,200,000 | -- | $779 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $79,647 | $6,581,500 | $4,280,200 | $2,301,300 |
| 2022 | $68,140 | $5,870,000 | $3,431,000 | $2,439,000 |
| 2021 | $55,248 | $4,856,000 | $2,745,000 | $2,111,000 |
| 2020 | $35,024 | $3,976,000 | $2,745,000 | $1,231,000 |
| 2019 | $27,447 | $2,461,000 | $2,329,000 | $132,000 |
| 2018 | $27,803 | $1,940,000 | $1,415,000 | $525,000 |
| 2017 | $27,223 | $1,879,000 | $1,415,000 | $464,000 |
| 2016 | $26,670 | $1,786,000 | $1,345,000 | $441,000 |
| 2015 | $27,433 | $1,786,000 | $1,345,000 | $441,000 |
| 2014 | -- | $1,786,000 | $1,345,000 | $441,000 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Hey
Seller's Agent in 2023
Carrie Hey
Coldwell Banker Realty
(612) 309-6022
4 in this area
42 Total Sales
-
Ellen DeHaven
Seller's Agent in 2018
Ellen DeHaven
Coldwell Banker Realty
(612) 817-5555
12 in this area
109 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6405689
APN: 05-117-22-33-0005
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