$2,675,000
SOLD FEB 21, 2025

450 Peavey Ln Wayzata, MN 55391

5 Beds
4.5 Baths
6,256 Sq Ft
4.69 Acres

Recently Sold

$428 Per Sq Ft

4% Below List Price

Highlights

  • Home fronts a creek
  • 204,296 Sq Ft lot
  • No HOA
  • Gleason Lake Elementary School Rated A
  • Living Room with Fireplace
  • Double Oven

About This Home

As of February 2025

Sold before print.

Last Agent to Sell the Property

David Stickney

Coldwell Banker Realty Brokerage Phone: 952-250-0122 Listed on: 02/21/2025

Coldwell Banker Realty

Co-Listed By

George Stickney

Coldwell Banker Realty Brokerage Phone: 952-250-0122

Last Buyer's Agent

Beth Ulrich

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,136

Year Built

  • Built in 1986

Lot Details

  • 4.69 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property is Fully Fenced
  • Irregular Lot

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Community Details

  • No Home Owners Association
  • Ferndale Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723310007

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,136

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 3361
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-250-0122
  • Attribution Contact: 952-250-0122
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Living Room
  • Living Area: 6256
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2895
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: Full
  • View: Panoramic, South
  • PatioPorchType: Deck,Patio,Rear Porch
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 985

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Panoramic View,In-Ground Sprinkler,Sun Room,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 204296.4
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0111723310007
  • Tax Annual Amount: 31136
  • TaxWithAssessments: 31136.0000

Multi Family

  • WaterfrontFeatures: Creek/Stream, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Feb 3, 2025
Sold by
Ennevor Bridget Larson and Ennevor Sean J
Bought by
Ulrich Edward E and Ulrich Elizabeth
Seller's Agent
David Stickney
Coldwell Banker Realty
Buyer's Agent
Beth Ulrich
Compass
List Price
$2,795,000
Sold Price
$2,675,000
Premium/Discount to List
-$120,000
-4.29%
Views
1
Current Estimated Value
$2,686,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,427
Avg. Annual Appreciation
2.34%
Original Mortgage
$2,000,000
Outstanding Balance
$1,994,985
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$699,870

Purchase Details

Closed on
Oct 30, 2020
Sold by
Ennevor Bridget Larson and Ennevor Sean
Bought by
Ennevor Bridget Larson and Ennevor Sean

Purchase Details

Closed on
Dec 16, 1999
Sold by
Hillins Pauline B and Hillins John F
Bought by
Ennevor Bridget Larson
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 Type Sale Price Title Company
Warranty Deed $2,675,000 Flex Title
Deed -- None Listed On Document
Warranty Deed $885,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $2,675,000 -4.3% $428 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $2,795,000 -- $447 / 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 $31,136 $2,623,500 $1,009,000 $1,614,500
2022 $27,112 $2,234,000 $765,000 $1,469,000
2021 $24,689 $1,984,000 $756,000 $1,228,000
2020 $25,315 $1,823,000 $630,000 $1,193,000
2019 $22,672 $1,802,000 $609,000 $1,193,000
2018 $22,927 $1,617,000 $508,000 $1,109,000
2017 $23,093 $1,607,000 $508,000 $1,099,000
2016 $26,544 $1,778,000 $595,000 $1,183,000
2015 $25,820 $1,686,000 $560,000 $1,126,000
2014 -- $1,564,000 $475,000 $1,089,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6638914

NorthstarMLS

APN: 01-117-23-31-0007