NOT LISTED FOR SALE

420 Rice St E Wayzata, MN 55391

Estimated Value: $1,502,530 - $2,124,000

0.2 Acre
$8,448,165 Price per Acre
8,712 Sq Ft Lot

Last Sold June 15, 2012

Last sale price $202,500

Est. 734% increase in value since last sale

Current estimated payment $9,983/month

289 Days on Market

About This Lot

As of June 2012

Rarely available vacant building site in Wayzata's Bluff District. Walk to the beach or restaurants on Lake Street. Zoned residential or Commercial Office or mixture.

Last Agent to Sell the Property

David Truax

Coldwell Banker Burnet Listed on: 08/17/2011

Last Buyer's Agent

John Adams

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Lot Details

  • 8,712 Sq Ft Lot
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Estimated Number of Acres: 0.2
  • Additional Information: Easements, Platted, Survey, Survey Stakes, Torrens
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved, Sidewalk
  • Topography: Walkout
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2015
Sold by
Adams John C and Adams Cecile
Bought by
Hoffarber Bruce and Hoffarber Shauna
Current Estimated Value
$1,689,633

Purchase Details

Listed on
Aug 17, 2011
Closed on
Jun 15, 2012
Sold by
Lusia Llc
Bought by
Adams John C
Seller's Agent
David Truax
Coldwell Banker Burnet
Buyer's Agent
John Adams
Coldwell Banker Burnet
List Price
$395,000
Sold Price
$202,500
Premium/Discount to List
-$192,500
-48.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%

Purchase Details

Closed on
May 21, 2008
Sold by
Hostetler Gene A and Hostetler Marilyn
Bought by
Lusia Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hoffarber Bruce $339,911 Custom Home Builders Title L
Adams John C $202,500 Burnet Title
Lusia Llc $1,000,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $202,500 -48.7% --
06/01/2012 06/01/12 Pending -- -- --
08/17/2011 08/17/11 For Sale $395,000 -- --
Source: REALTOR® Association of Southern Minnesota

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
2024 $15,661 $1,309,300 $674,500 $634,800
2023 $14,157 $1,238,200 $665,000 $573,200
2022 $12,727 $1,061,000 $367,000 $694,000
2021 $12,070 $977,000 $417,000 $560,000
2020 $12,322 $934,000 $397,000 $537,000
2019 $11,734 $920,000 $374,000 $546,000
2018 $11,895 $877,000 $340,000 $537,000
2017 $10,975 $809,000 $271,000 $538,000
2016 $3,875 $247,000 $247,000 $0
2015 $3,516 $218,000 $218,000 $0
2014 -- $218,000 $218,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3532091

REALTOR® Association of Southern Minnesota

APN: 06-117-22-24-0025

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