NOT LISTED FOR SALE

420 Rice St E Wayzata, MN 55391

Wayzata Area

Estimated Value: $1,796,965

0.2 Acres
$8,984,825 Price per Acre
8,712 Sq Ft Lot

Sale Details

Date Sold: June 15, 2012

Last sale price $202,500

Est. 787% increase in value since last sale

Current estimated payment $11,538 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2026
Sold by
Hoffarber Bruce and Hoffarber Shauna
Bought by
Current Estimated Value
$1,796,965

Purchase Details

Closed on
Jun 8, 2015
Sold by
Adams John C and Adams Cecile
Bought by
Hoffarber Bruce and Hoffarber Shauna

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
16.52%

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wayzata, MN

  • Timothy Thompson Real Estate Agent - Coldwell Banker Realty

    Timothy Thompson

    Coldwell Banker Realty

    (952) 234-7438

    33 Total Sales

    1 in Wayzata

    $219,000 Price

    Timothy Thompson
     Section Image
  • Jeff Vanderlinde Real Estate Agent - Vanderlinde Group | Edge Realty, Inc.

    Jeff Vanderlinde

    Responds Quickly

    Vanderlinde Group | Edge Realty, Inc.

    (612) 448-3557

    457 Total Sales

    1 in Wayzata

    $830,000 Price

    Jeff Vanderlinde
     Section Image
  • Ryan Platzke Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Ryan Platzke

    Coldwell Banker Realty - Southwest Regional

    (651) 615-9289

    861 Total Sales

    3 in Wayzata

    $750K - $2.9M Price Range

    Ryan Platzke
     Section Image
  • Sally Scrimgeour Real Estate Agent - eXp Realty

    Sally Scrimgeour

    eXp Realty

    (612) 441-2500

    180 Total Sales

    2 in Wayzata

    $591K - $1.2M Price Range

    Sally Scrimgeour
     Section Image
  • Stuart Francis Real Estate Agent - EXP REALTY LLC

    Stuart Francis

    Responds Quickly

    EXP REALTY LLC

    (612) 260-4381

    82 Total Sales

    1 in Wayzata

    $830,000 Price

    Stuart Francis
     Section Image
  • Troy Koenig Real Estate Agent - Coldwell Banker Realty

    Troy Koenig

    Coldwell Banker Realty

    (763) 343-8910

    80 Total Sales

    2 in Wayzata

    $1.8M - $7M Price Range

    Troy Koenig
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500 None Listed On Document
Hoffarber Bruce $339,911 Custom Home Builders Title L
Adams John C $202,500 Burnet Title
Lusia Llc $1,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $768,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $16,715 $1,354,100 $694,500 $659,600
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

  • DT

    Seller's Agent in 2012

    David Truax

    Coldwell Banker Burnet

  • JA

    Buyer's Agent in 2012

    John Adams

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3532091

REALTOR® Association of Southern Minnesota

APN: 06-117-22-24-0025

Minnesota Hennepin County Wayzata 55391

420 Rice St E, Wayzata, MN

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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