NOT LISTED FOR SALE

420 Carpenters Point Wayzata, MN 55391

Wayzata Neighborhood

Estimated Value: $3,186,000 - $3,896,004

3 Beds
2.5 Baths
4,349 Sq Ft
$800/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $1,449,900 $333 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $22,928/month

130 Days on Market

Highlights

  • Heated Floors
  • Fireplace
  • 1-Story Property
  • Gleason Lake Elementary School Rated A
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2012

This model home sits in on the presitage Locust Hills neighborhood which includes all the luxury amenities you could ask for. Walking distance from downtown Wayzata this neighborhood includes a clubhouse with a pool, access to Lake Minnetonka via a privat

Last Listed By

Richard Denman

Charles Cudd De Novo LLC Listed on: 12/02/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,996

Year Built

  • 2012

Lot Details

  • 0.26

HOA Fees

  • $880 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Home Under Construction

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Heated Floors
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,996

Year Built

2012

Lot Details

0

HOA Fees

$880 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.26
  • Construction: Under Construction-Spec Home
  • Foundation Size: 2421
  • Projected Closed Date: 04/12/2012
  • Stories: 1 Story
  • Street Designation: Point
  • Taxes With Assessments: 6927
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x20, On Level: Main
  • Room 2: Dining Room, 12x15, On Level: Main
  • Room 3: Family Room, 20x20, On Level: Basement
  • Room 4: Kitchen, 20x16, On Level: Main
  • Room 5: Bedroom, 18x14, On Level: Main
  • Room 6: Bedroom, 15x15, On Level: Lower
  • Room 7: 13x15, On Level: Lower
  • Room 9: Den/Office, 11x17, On Level: Main
  • Room 10: Other, 12x12, On Level: Main
  • Room 11: Rec Room, 20x22, On Level: Lower
  • Room 12: Other, 12x14, On Level: Lower
  • Room 13: Other, 8x12, On Level: Lower
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2382
  • Below Grade Finished Sq Ft: 1967
  • Total Fin Square Footage: 4349

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 880

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: W117X98X79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2015
Sold by
Locust Hills Development Llc
Bought by
Locust Hills Homeowners Association Inc
Total Days on Market
130
Current Estimated Value
$3,479,251

Purchase Details

Closed on
Aug 3, 2011
Sold by
Locust Hills Development Llc
Bought by
Charles Cudd De Novo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
4.53%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2011
Sold by
Locust Hills Development Llc
Bought by
Charles Cudd De Novo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
4.53%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Locust Hills Homeowners Association Inc -- None Available
Charles Cudd De Novo Llc $485,000 --
Charles Cudd De Novo Llc $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ring David $1,000,000
Previous Owner Ring David $125,000
Previous Owner Charles Cudd De Novo Llc $854,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2012 04/12/12 Sold $1,449,900 -2.7% $333 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $1,489,700 -- $343 / Sq Ft
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 $31,996 $2,693,700 $1,468,800 $1,224,900
2022 $27,741 $2,217,000 $1,035,000 $1,182,000
2021 $30,352 $2,028,000 $984,000 $1,044,000
2020 $27,819 $2,222,000 $1,218,000 $1,004,000
2019 $25,584 $1,972,000 $995,000 $977,000
2018 $25,831 $1,814,000 $884,000 $930,000
2017 $22,273 $1,553,000 $716,000 $837,000
2016 $21,369 $1,448,000 $716,000 $732,000
2015 $20,837 $1,377,000 $651,000 $726,000
2014 -- $1,267,000 $560,000 $707,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4091913

REALTOR® Association of Southern Minnesota

APN: 08-117-22-21-0015