Seller's Agent in 2024
Katherine Onan
Coldwell Banker Realty
(612) 242-7046
1 in this area
7 Total Sales
507 Ferndale Rd N Wayzata, MN 55391
Estimated Value: $2,821,348 - $3,679,000
4
Beds
4.5
Baths
6,266
Sq Ft
$502/Sq Ft
Est. Value
Highlights
- On Golf Course
- Home Theater
- Family Room with Fireplace
- Gleason Lake Elementary School Rated A
- 88,862 Sq Ft lot
- No HOA
About This Home
As of June 2024Spectacular 4 bedroom, 5 bath home situated on 2-acre private lot with breathtaking, panoramic views of Wayzata Country Club fairways and the 7th tee! Designed by Sharratt and built by Narr Construction with vaulted ceilings, walls of windows, superb millwork, and cabinetry throughout. Main floor living is offered in this impeccably maintained home. Additional highlights include a spacious media room, exercise/flex room and steam shower, 3 fireplaces, 10-foot ceilings in lower level, 4 car heated garage. Minutes to Lake Minnetonka and Wayzata. Privacy and location are superb! Information deemed reliable but not guaranteed. Buyer to verify measurements.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 612-242-7046 Listed on: 12/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,531
Year Built
- Built in 2007
Lot Details
- 2.04 Acre Lot
- On Golf Course
- Street terminates at a dead end
- Irregular Lot
Parking
- 4 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 1-Story Property
- Stone Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Home Theater
- Library
- Utility Room Floor Drain
- Home Gym
Kitchen
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Window Egress
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Private Water Source
- Well
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 3611823130007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Jun 11, 2024
Sold by
Sherry G Patterson Trust and Patterson Sherry G
Bought by
Hastings Blake and Hastings Carey
Seller's Agent
Katherine Onan
Coldwell Banker Realty
Buyer's Agent
Tara Engebretson
Fazendin REALTORS
List Price
$3,250,000
Sold Price
$2,700,000
Premium/Discount to List
-$550,000
-16.92%
Views
191
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,337
Avg. Annual Appreciation
6.89%
Purchase Details
Closed on
Jun 23, 2017
Sold by
Melrose Kendrick B
Bought by
Sherry G Patterson Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,940,000
Interest Rate
3.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2004
Sold by
Sajjadi Hamed and Sajjadi Azar D
Bought by
Melrose Kendrick B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hastings Blake | $2,700,000 | Chb Title | |
| Sherry G Patterson Trust | $2,425,000 | Burnet Title | |
| Sherry G Patterson Trust | $2,425,000 | Burnet Title | |
| Melrose Kendrick B | $1,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sherry G Patterson Trust | $1,940,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $2,700,000 | -10.0% | $431 / Sq Ft |
| 05/19/2024 05/19/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | Price Changed | $2,999,000 | -7.7% | $479 / Sq Ft |
| 12/01/2023 12/01/23 | For Sale | $3,250,000 | -- | $519 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $35,531 | $3,069,200 | $1,110,000 | $1,959,200 |
| 2022 | $33,689 | $2,826,000 | $990,000 | $1,836,000 |
| 2021 | $31,965 | $2,560,000 | $990,000 | $1,570,000 |
| 2020 | $32,558 | $2,432,000 | $906,000 | $1,526,000 |
| 2019 | $30,525 | $2,400,000 | $870,000 | $1,530,000 |
| 2018 | $23,852 | $2,262,000 | $840,000 | $1,422,000 |
| 2017 | $24,623 | $1,817,000 | $505,000 | $1,312,000 |
| 2016 | $22,259 | $1,608,000 | $505,000 | $1,103,000 |
| 2015 | $22,212 | $1,573,000 | $470,000 | $1,103,000 |
| 2014 | -- | $1,539,000 | $460,000 | $1,079,000 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Onan
-
Tara Engebretson
Buyer's Agent in 2024
Tara Engebretson
Fazendin REALTORS
(612) 220-5620
8 in this area
44 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6465170
APN: 36-118-23-13-0007
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