NOT LISTED FOR SALE

430 Peavey Ln Wayzata, MN 55391

Estimated Value: $1,697,540 - $4,869,000

5 Beds
4.5 Baths
5,140 Sq Ft
$514/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $1,505,000 $293 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $15,624/month

24 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a pond
  • Family Room with Fireplace
  • Gleason Lake Elementary School Rated A
  • 91,476 Sq Ft lot
  • No HOA

About This Home

As of December 2023

Incredible opportunity to renovate or rebuild the Highcroft neighborhood. Situated on a beautiful 2+ acre lot overlooking a private pond. Current owner has renovation plans and a survey available. In ground pool, tennis court and total privacy. A+ Location! Walk to downtown Wayzata. Sold as-is.

Last Agent to Sell the Property

Julie Regan

Lakes Sotheby's International Realty Listed on: 10/23/2023

Lakes Sotheby's International Realty

Last Buyer's Agent

Jacob Stickney

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,228

Year Built

  • Built in 1984

Lot Details

  • 2.1 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Street terminates at a dead end
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ferndale Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723310003

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,228

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 2640
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full, Walkout
  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Exhaust Fan, Refrigerator, Wall Oven, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Living Room, Wood Burning
  • Living Area: 5140
  • Below Grade Finished Sq Ft: 2500
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Informal Dining Room, Office, Amusement Room, Game Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Flat
  • PoolFeatures: Below Ground, Outdoor Pool

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 672

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Natural Woodwork,Patio,Porch,Security System,Skylight,Sun Room,Tennis Court,Tile Floors

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 91476
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0111723310003
  • Tax Annual Amount: 15228
  • TaxWithAssessments: 15228.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Nov 29, 2023
Sold by
Sheryl Shark Revocable Trust and Shark Sheryl
Bought by
Cunz Derek and Cunz Heather
Seller's Agent
Julie Regan
Lakes Sotheby's International Realty
Buyer's Agent
Jacob Stickney
Coldwell Banker Realty
List Price
$1,575,000
Sold Price
$1,505,000
Premium/Discount to List
-$70,000
-4.44%
Total Days on Market
24
Views
32
Current Estimated Value
$2,642,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,137,135
Avg. Annual Appreciation
47.03%

Purchase Details

Closed on
Oct 19, 2022
Sold by
Matalon 1990 Trust
Bought by
Sheryl Shark Revocable Trust

Purchase Details

Closed on
Apr 15, 2022
Sold by
Tomas Kadlec
Bought by
Kadlec Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2022
Sold by
Kadlec Adrienne
Bought by
Shark Sheryl and Matalon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2022
Sold by
Adrienne Kadlec
Bought by
Sheryl Shark Revocable Trust and Matalon 1990 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2022
Sold by
Tomas Kadlec
Bought by
Kadlec Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2016
Sold by
Payfer Walter Edward
Bought by
Kadlec Tomas and Kadlec Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 23, 2011
Closed on
Feb 21, 2012
Sold by
Kaufmann Nancy M
Bought by
Payfer Walter E and Payfer Jane
Seller's Agent
Ellen DeHaven
Coldwell Banker Burnet
Buyer's Agent
James Judge
Cardinal Realty Co.
List Price
$1,595,000
Sold Price
$810,000
Premium/Discount to List
-$785,000
-49.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$405,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1997
Sold by
Burnet Ralph W and Burnet Peggy P
Bought by
Kaufmann Kenneth M
Source: Public Records

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Range of Values:

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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
Cunz Derek $1,505,000 Executive Title
Cunz Derek $1,505,000 Executive Title
Sheryl Shark Revocable Trust $3,000 --
Kadlec Adrienne -- --
Shark Sheryl $1,595,000 --
Sheryl Shark Revocable Trust $1,595,000 Executive Title
Kadlec Adrienne -- --
Kadlec Tomas $1,150,000 Edina Realty Title Inc
Payfer Walter E $810,000 Arden Title Llc
Kaufmann Kenneth M $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shark Sheryl $520,000
Previous Owner Sheryl Shark Revocable Trust $520,000
Previous Owner Kadlec Tomas $920,000
Previous Owner Payfer Jane A R $100,000
Previous Owner Payfer Walter E $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $1,505,000 -4.4% $293 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $1,575,000 +94.4% $306 / Sq Ft
03/01/2012 03/01/12 Sold $810,000 -49.2% $158 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
05/23/2011 05/23/11 For Sale $1,595,000 -- $310 / Sq Ft
Source: NorthstarMLS

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 $19,224 $1,651,700 $890,300 $761,400
2022 $16,512 $1,290,000 $675,000 $615,000
2021 $14,681 $1,242,000 $666,000 $576,000
2020 $14,871 $1,118,000 $555,000 $563,000
2019 $13,448 $1,093,000 $537,000 $556,000
2018 $13,656 $993,000 $448,000 $545,000
2017 $13,739 $991,000 $448,000 $543,000
2016 $14,718 $1,024,000 $524,000 $500,000
2015 $14,256 $969,000 $493,000 $476,000
2014 -- $833,000 $418,000 $415,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6451801

NorthstarMLS

APN: 01-117-23-31-0003