NOT LISTED FOR SALE

510 510 Ferndale-Road-w Wayzata, MN 55391

Estimated Value: $5,080,000 - $8,252,396

4 Beds
7 Baths
5,557 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $3,500,000 $630 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $43,091/month

396 Days on Market

Highlights

  • Lake Front
  • 0.95 Acre Lot
  • Vaulted Ceiling
  • Gleason Lake Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2012

Just the right size- smoothly sophisticated, cozy, yet openingly embracing broad lake views and luscious gardens. Created by renowned architect Elizabeth Close, this home provides the perfect art collector's venue

Last Agent to Sell the Property

Meredith Howell

Coldwell Banker Burnet Listed on: 05/23/2011

Last Buyer's Agent

Ellen DeHaven

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,611

Year Built

  • 1984

Lot Details

  • 0.95 Acre Lot
  • Lake Front
  • Irregular Lot
  • Sprinkler System

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Tandem Garage

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0111723340002

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,611

Year Built

1984

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Ada Features: Partially Wheelchair
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 0.95
  • Construction: Previously Owned
  • Foundation Size: 3328
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 0111723340002
  • Projected Closed Date: 10/01/2012
  • Stories: 2 Story
  • Taxes With Assessments: 61497.46
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 7
  • Half Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 7
  • Room 1: Living Room, 27x24, On Level: Main
  • Room 2: Dining Room, 18x13, On Level: Main
  • Room 3: Family Room, 17x12, On Level: Main
  • Room 4: Kitchen, 19x11, On Level: Main
  • Room 5: Bedroom, 20x15, On Level: Upper
  • Room 6: Bedroom, 26x12, On Level: Upper
  • Room 7: 16x13, On Level: Upper
  • Room 8: Bedroom, 24x18, On Level: Upper
  • Room 9: Dining Room, 13x12, On Level: Main
  • Room 10: Other, 18x18, On Level: Lower
  • Room 11: Family Room, 24x18, On Level: Upper
  • Room 12: Den/Office, 27x18, On Level: Upper
  • Room 13: Other, 13x10, On Level: Upper
  • Room 14: Laundry Room, 10x9, On Level: Main
  • Basement Features: Finished
  • Basement Style: Crawl Space, Partial
  • Finished Above Grade Sq Ft: 5284
  • Below Grade Finished Sq Ft: 273
  • Total Fin Square Footage: 5557

Exterior Features

  • Frontage Road: City, Paved
  • LakeAcres: 14652
  • Exterior: Stucco
  • Roof: Flat, Tar/Gravel
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Tandem
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: IRREGULAR
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2020
Sold by
Schwalbach Susan M
Bought by
Schwalbach Susan M and Susan M Schwalbach Revocable Trust
Current Estimated Value
$6,582,132

Purchase Details

Closed on
May 8, 2017
Sold by
Halvorson Lori K and Halvorson George C
Bought by
Schwalbach Susan M

Purchase Details

Listed on
May 23, 2011
Closed on
Sep 21, 2012
Sold by
Wanner William F and Wanner Kathleen A
Bought by
Halvorson Lorie K
Seller's Agent
Meredith Howell
Coldwell Banker Burnet
Buyer's Agent
Ellen DeHaven
Coldwell Banker Burnet
List Price
$3,650,000
Sold Price
$3,500,000
Premium/Discount to List
-$150,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$1,180,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2003
Sold by
Dayton Mary Lee
Bought by
Wanner William F and Wanner Kathleen A
Source: Public Records

Range of Values:

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Average Value
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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
Schwalbach Susan M -- None Listed On Document
Schwalbach Susan M $4,500,000 Mikdland Title
Halvorson Lorie K $3,500,000 Burnet Title
Wanner William F $3,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wanner William F $1,180,000
Previous Owner Wanner William F $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $3,500,000 -4.1% $630 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
05/23/2011 05/23/11 For Sale $3,650,000 -- $657 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $79,611 $7,011,300 $5,458,200 $1,553,100
2022 $69,845 $5,926,000 $4,572,000 $1,354,000
2021 $68,260 $4,975,000 $3,866,000 $1,109,000
2020 $65,102 $4,968,000 $3,866,000 $1,102,000
2019 $60,806 $4,575,000 $3,516,000 $1,059,000
2018 $57,177 $4,213,000 $3,516,000 $697,000
2017 $54,288 $3,563,000 $3,124,000 $439,000
2016 $54,154 $3,476,000 $3,074,000 $402,000
2015 $51,399 $3,231,000 $2,981,000 $250,000
2014 -- $3,231,000 $2,981,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Meredith Howell

    Coldwell Banker Burnet

  • E

    Buyer's Agent in 2012

    Ellen DeHaven

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4047141

REALTOR® Association of Southern Minnesota

APN: 01-117-23-34-0002

Minnesota Hennepin County Wayzata 55391

510 510 Ferndale-Road-w, Wayzata, MN

This home is located at 510 510 Ferndale-Road-w, Wayzata, MN 55391 since 23 May 2011 and is currently estimated at $6,582,132, approximately $1,184 per square foot. This property was built in 1984. 510 510 Ferndale-Road-w is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

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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