513 Ferndale Rd W Wayzata, MN 55391
3
Beds
3.5
Baths
4,188
Sq Ft
1.14
Acres
Highlights
- 235 Feet of Waterfront
- Heated In Ground Pool
- 49,658 Sq Ft lot
- Gleason Lake Elementary School Rated A
- Lake View
- Fireplace in Primary Bedroom
About This Home
As of July 2025This property features every wonderful aspect of lake living that one can dream of. A short walk to the village of Wayzata, a cozy yet sophisticated cottage that has been impeccably maintained. Hidden by enchanting landscaping, stunning gardens and river rock walls, the interior spaces are relaxed, timeless and focused entirely by magical views of Peavey Pond. If you seek privacy, serenity and astounding views, all within this amazing location, this home is for you. Please note that the third bedroom doubles as a family room and the Murphy bed is easily accessible.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,309
Year Built
- Built in 1966
Lot Details
- 1.14 Acre Lot
- Lot Dimensions are 259x228x143x250
- 235 Feet of Waterfront
- Lake Front
- Irregular Lot
Parking
- 3 Car Attached Garage
- Heated Garage
- Tuck Under Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Home Gym
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Sump Pump
- Drain
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Heated In Ground Pool
- Deck
Utilities
- Forced Air Heating and Cooling System
- Humidifier
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0111723340011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
Jul 10, 2025
Sold by
Trus Agreement Of Richard Braun And Kare and Braun Richard J
Bought by
Robertson John Michael and Robertson Anne Cousineau
Seller's Agent
Debbie McNally
Lakes Sotheby's International
Buyer's Agent
Andrew Spilseth
Compass
List Price
$4,250,000
Sold Price
$3,500,000
Premium/Discount to List
-$750,000
-17.65%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.08%
Original Mortgage
$2,800,000
Outstanding Balance
$2,800,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,095,262
Purchase Details
Closed on
Oct 28, 2021
Sold by
Braun Richard J and Braun Karen L
Bought by
Braun Richard J and Braun Karen L
Purchase Details
Listed on
May 30, 2013
Closed on
Dec 31, 2013
Sold by
Peterson Mary Mary
Bought by
Braun Richard Richard
Seller's Agent
Bonnie Velie
Coldwell Banker Burnet
Buyer's Agent
Sharon Ritchie
Coldwell Banker Burnet
List Price
$2,695,000
Sold Price
$2,100,000
Premium/Discount to List
-$595,000
-22.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Purchase Details
Closed on
Aug 10, 2005
Sold by
Remes Peter C
Bought by
Wilkins Peterson Mary
Purchase Details
Closed on
Oct 20, 1999
Sold by
Winsor John R
Bought by
Remes Peter C and Remes Anne L
Similar Homes in Wayzata, MN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,500,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $2,100,000 | -- | |
| Warranty Deed | $2,525,000 | -- | |
| Warranty Deed | $915,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,800,000 | New Conventional | |
| Previous Owner | $200,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $3,500,000 | -9.0% | $836 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/05/2025 05/05/25 | Price Changed | $3,845,000 | -9.5% | $918 / Sq Ft |
| 04/14/2025 04/14/25 | For Sale | $4,250,000 | +102.4% | $1,015 / Sq Ft |
| 01/15/2014 01/15/14 | Sold | $2,100,000 | -22.1% | $532 / Sq Ft |
| 12/09/2013 12/09/13 | Pending | -- | -- | -- |
| 05/30/2013 05/30/13 | For Sale | $2,695,000 | -- | $682 / 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 | $29,636 | $2,675,400 | $1,760,000 | $915,400 |
| 2022 | $35,825 | $2,896,000 | $1,962,000 | $934,000 |
| 2021 | $34,891 | $2,603,000 | $1,806,000 | $797,000 |
| 2020 | $32,445 | $2,591,000 | $1,806,000 | $785,000 |
| 2019 | $32,482 | $2,333,000 | $1,570,000 | $763,000 |
| 2018 | $33,612 | $2,300,000 | $1,570,000 | $730,000 |
| 2017 | $32,192 | $2,156,000 | $1,430,000 | $726,000 |
| 2016 | $31,110 | $2,042,000 | $1,400,000 | $642,000 |
| 2015 | $28,965 | $1,867,000 | $1,300,000 | $567,000 |
| 2014 | -- | $1,867,000 | $1,300,000 | $567,000 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie McNally
Seller's Agent in 2025
Debbie McNally
Lakes Sotheby's International
(612) 388-1790
11 in this area
75 Total Sales
-
Heather O'Connor
Seller Co-Listing Agent in 2025
Heather O'Connor
Lakes Sotheby's International Realty
(612) 598-1889
3 in this area
11 Total Sales
-
Andrew Spilseth
Buyer's Agent in 2025
Andrew Spilseth
Compass
(612) 396-2951
19 in this area
156 Total Sales
-
T. Cody Turnquist
Buyer Co-Listing Agent in 2025
T. Cody Turnquist
Compass
(612) 578-1093
12 in this area
108 Total Sales
-
B
Seller's Agent in 2014
Bonnie Velie
Coldwell Banker Burnet
-
C
Seller Co-Listing Agent in 2014
Cari Linn
Coldwell Banker Burnet
Map
Source: NorthstarMLS
MLS Number: 6695378
APN: 01-117-23-34-0011
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