NOT LISTED FOR SALE

405 Carpenters Point Wayzata, MN 55391

Wayzata Neighborhood

Estimated Value: $2,847,000 - $4,252,823

0.3 Acre
$11,705,360 Price per Acre
13,068 Sq Ft Lot

Last Sold May 17, 2013

Last sale price $399,000

Est. 780% increase in value since last sale

Current estimated payment $23,131/month

378 Days on Market

Highlights

  • Gazebo
  • Cul-De-Sac
  • Many Trees
  • Gleason Lake Elementary School Rated A
  • Agricultural

About This Lot

As of May 2013

In the prestigious Locust Hills Neighborhood! Incredible location! Private access to: boat slip on Lake Minnetonka, Clubhouse/Pool, 2 Miles of trails, Gazebo/Firepit. Maintenance Free Lifestyle. A once and a lifetime opportunity! Only a few lots remain

Last Listed By

Jeremy Pflaum

The Bancor Group, Inc. Listed on: 04/30/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,229

Year Built

  • 2014

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Irregular Lot
  • Sloped Lot
  • Many Trees
  • 19 Lots in the community
  • Finished Lot(s)

HOA Fees

  • $883 Monthly HOA Fees

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0811722210017

Community Details

Overview

  • Association fees include exterior maintenance, management, security system, shared amenities, snow removal, lawn care

Recreation

  • Gazebo

Property Details

Property Type

Land

Est. Annual Taxes

$32,229

Year Built

2014

Lot Details

0

HOA Fees

$883 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Estimated Wooded Acres: 0.3
  • Parcel Number: 0811722210017
  • Projected Closed Date: 05/28/2013
  • Street Designation: Point
  • Estimated Number of Acres: 0.3
  • Additional Information: Platted, Soil Test Available, Survey, Survey Stakes, Topographic Map
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved, Sidewalk
  • Restricted To These Builders: Please Request List
  • Topography: Sloped, Walkout
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Exterior Features

  • LakeAcres: 14652
  • Out Buildings: Gazebo

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Storm Sewer, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Management, Security System, Shared Amenities, Snow Removal, Lawn Care
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 883

Lot Info

  • Lot/Land Description: Cul de Sac, Irregular Lot, Tree Coverage - Heavy, Paved Streets
  • Total Lots Available: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2012
Closed on
May 20, 2013
Sold by
Locust Hills Development Llc
Bought by
Marshall Steve and Lindstrom Marshall Sandra R
Seller's Agent
Jeremy Pflaum
The Bancor Group, Inc.
Buyer's Agent
Beverly Abuzzahab
Edina Realty, Inc.
List Price
$399,000
Sold Price
$399,000
Total Days on Market
378
Current Estimated Value
$3,511,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,112,608
Avg. Annual Appreciation
19.83%

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
Marshall Steve $387,264 Custom Home Bldrs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Steve $1,061,000
Closed Marshall Steve $1,240,000
Closed Marshall Steve $1,020,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $399,000 0.0% --
05/13/2013 05/13/13 Pending -- -- --
04/30/2012 04/30/12 For Sale $399,000 -- --
Source: REALTOR® Association of Southern Minnesota

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 $32,229 $2,712,700 $1,468,800 $1,243,900
2022 $24,627 $2,035,000 $805,000 $1,230,000
2021 $26,335 $1,810,000 $719,000 $1,091,000
2020 $24,594 $1,939,000 $891,000 $1,048,000
2019 $22,584 $1,753,000 $728,000 $1,025,000
2018 $22,128 $1,611,000 $646,000 $965,000
2017 $19,539 $1,373,000 $524,000 $849,000
2016 $18,656 $1,275,000 $524,000 $751,000
2015 $6,437 $481,000 $476,000 $5,000
2014 -- $375,000 $375,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jeremy Pflaum

    The Bancor Group, Inc.

  • P

    Seller Co-Listing Agent in 2013

    Paul Robinson

    The Bancor Group, Inc.

  • B

    Buyer's Agent in 2013

    Beverly Abuzzahab

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3535577

REALTOR® Association of Southern Minnesota

APN: 08-117-22-21-0017

Minnesota Hennepin County Wayzata 55391 Wayzata

405 Carpenters Point, Wayzata, MN

Homes for Sale in Wayzata, MN

This home is located at 405 Carpenters Point, Wayzata, MN 55391 since 30 April 2012 and is currently estimated at $3,511,608. This property was built in 2014. 405 Carpenters Point is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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