NOT LISTED FOR SALE

521 N Stream Rd Wayzata, MN 55391

Estimated Value: $2,633,000 - $3,750,000

4 Beds
3.5 Baths
8,174 Sq Ft
$376/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $2,300,000 $281 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $18,810/month

78 Days on Market

Highlights

  • Lake Front
  • Beach View
  • Heated Floors
  • Schumann Elementary School Rated A-
  • Sauna
  • 1.99 Acre Lot

About This Home

As of January 2021

Enchanted sophisticated European cottage on 1.99 acre estate. Only 5 min to Wayzata with incredible privacy on pristine Lake Lydiard. This walkout rambler with one level living is timeless, gracious, comfortable and beautiful with unsurpassed quality and craftsmanship. This home is very special and unique. Huge walls of glass invite nature in. Clearly no expense was spared. The home offers 4 generously sized bedrooms, an open plan Family Room, Amusement area, Pub, Sport Court, Sauna and ootles of storage. The landscaping is over the top. Most new construction homeowners could only dream of this detail, quality and location as the cost would be prohibitive today. The new trail to Long Lake has recently been completed and is only a few blocks away.

Last Listed By

Patty Yorks

Coldwell Banker Realty Listed on: 10/02/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,869

Year Built

  • Built in 1993

Lot Details

  • 1.99 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Partially Fenced Property
  • Irregular Lot
  • Sprinkler System

Parking

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

Property Views

  • Beach
  • Lake

Home Design

  • Pitched Roof
  • Shake Roof
  • Wood Siding
  • Shake Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Entertainment System
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Game Room with Fireplace
  • Utility Room Floor Drain
  • Sauna
  • Home Gym
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Boiler Heating System
  • Well
  • Water Softener is Owned
  • Private Sewer

Community Details

  • No Home Owners Association
  • North Stream Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511823340007

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,869

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Central
  • Outside Features: Brick/Stone, Shakes, Wood
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Well
  • Fuel Type: Natural Gas
  • Year Built: 1993
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 4636.00
  • Above Grade Finished Area Search: 4636.00
  • Above Grade Finished Sq Ft: 4636.00
  • Below Grade Finished Sq Ft: 3538.00
  • Below Grade Total Sq Ft: 3538.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Co Listing Association Office S K: 9091
  • Floor Plan Type: 3 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry
  • Foundation Area Units: Square Feet
  • Garage Area: 902.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 52
  • List A O R Key Numeric: 9091
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 8174.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 4636.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 2511823340007
  • Rental License: No
  • Stories Type: One and One Half
  • Water Body Name: Lydiard
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished (Livable), Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener - Owned
  • Fireplace Features: Amusement Room, Family Room, Gas Burning, Living Room
  • Dining Room Features: Breakfast Area, Eat In Kitchen, Informal Dining Room, Separate/Formal Dining Room
  • Family Room Features: 2 or More, Entertainment/Media Center, Family Room, Great Room, Lower Level, Main Level
  • Bathroom Type: 3/4 Basement, Full Master, Jetted Tub, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Two Basement Baths
  • Living Area: 8174.00
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 3538.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Pitched, Shakes
  • LakeAcres: 12.68000
  • Waterfront View: Lake, South
  • Fencing: Invisible, Partial
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage, Electric, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Boiler, Forced Air, In-Floor Heating
  • Sewer: Private

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Deck, Exercise Room, Hardwood Floors, In-Ground Sprinkler, Kitchen Window, Main Floor Master Bedroom, Master Bedroom Walk-In Closet, Natural Woodwork, Patio, Porch, Sauna, Security System, Skylight, Sun Room, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Washer/Dryer Hookup

Schools

  • School District: 278 - Orono
  • School District Phone: 952-449-8305

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: Unknown
  • Lot Size: Irregular
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Irregular Lot
  • Lot Size Acres: 1.9900
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 004 BLOCK 001 NORTH STREAM
  • Tax Amount: 28869.00
  • Tax Year: 2020
  • Tax With Assessments: 28869.00
  • Assessor Parcel Number: 2511823340007

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front, Lake View

MLS Schools

  • School District Name: 278 - Orono

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jan 19, 2021
Sold by
Maxwell Jeffrey G and Maxwell Leontyne A
Bought by
Durbin Benjamin Leland and Durbin Jessica Lynn
Seller's Agent
Patty Yorks
Coldwell Banker Realty
Buyer's Agent
Jenny Dedrick
eXp Realty
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%
Total Days on Market
78
Current Estimated Value
$3,074,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774,774
Avg. Annual Appreciation
7.00%
Original Mortgage
$1,500,000
Outstanding Balance
$922,832
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$2,151,942

Purchase Details

Listed on
Jan 9, 2015
Closed on
Feb 23, 2017
Sold by
Hahn Michael J
Bought by
Maxwell Jeffrey G and Maxwell Leonlyne A
Seller's Agent
John Adams
Compass
List Price
$2,750,000
Sold Price
$2,195,000
Premium/Discount to List
-$555,000
-20.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$1,756,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2004
Sold by
Devine Timothy T
Bought by
Hahn Michael J

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
Durbin Benjamin Leland $2,300,000 Titlesmart Inc
Maxwell Jeffrey G $2,195,000 Burnet Title
Hahn Michael J $2,625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durbin Benjamin Leland $1,500,000
Previous Owner Maxwell Jeffrey G $1,756,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $2,300,000 -4.0% $281 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $2,395,000 +4.1% $293 / Sq Ft
11/25/2020 11/25/20 Off Market $2,300,000 -- --
11/12/2020 11/12/20 Price Changed $2,395,000 -4.0% $293 / Sq Ft
10/02/2020 10/02/20 For Sale $2,495,000 +13.7% $305 / Sq Ft
02/23/2017 02/23/17 Sold $2,195,000 0.0% $473 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
09/02/2016 09/02/16 Price Changed $2,195,000 -4.4% $473 / Sq Ft
09/10/2015 09/10/15 Price Changed $2,295,000 -8.0% $495 / Sq Ft
07/14/2015 07/14/15 Price Changed $2,495,000 -9.3% $538 / Sq Ft
01/09/2015 01/09/15 For Sale $2,750,000 -- $593 / 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 $29,909 $2,700,000 $776,300 $1,923,700
2022 $28,691 $2,457,000 $684,000 $1,773,000
2021 $28,045 $2,292,000 $679,000 $1,613,000
2020 $28,869 $2,249,000 $551,000 $1,698,000
2019 $27,933 $2,216,000 $546,000 $1,670,000
2018 $27,400 $2,114,000 $546,000 $1,568,000
2017 $28,905 $2,118,000 $561,000 $1,557,000
2016 $31,205 $2,278,000 $561,000 $1,717,000
2015 $30,643 $2,240,000 $523,000 $1,717,000
2014 -- $2,132,000 $513,000 $1,619,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST5662463

NorthstarMLS

APN: 25-118-23-34-0007