NOT LISTED FOR SALE

524 Rice St E Wayzata, MN 55391

Estimated Value: $2,483,000 - $2,896,237

3 Beds
4 Baths
2,726 Sq Ft
$975/Sq Ft Est. Value

About This Home

This home is located at 524 Rice St E, Wayzata, MN 55391 and is currently estimated at $2,658,412, approximately $975 per square foot. 524 Rice St E is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Pillar Homes Partner Inc
Bought by
Sexson Paul and Sexson Julie
Current Estimated Value
$2,658,412

Purchase Details

Closed on
Oct 21, 2020
Sold by
Chamberlin Capital Llc
Bought by
Pillar Homes Partner Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 13, 2011
Sold by
Berch Capital Llc
Bought by
Chamberlain Capital Llc

Purchase Details

Closed on
Nov 21, 2011
Sold by
Associated Bank National Association
Bought by
Berch Capital Llc

Purchase Details

Closed on
Sep 23, 2011
Sold by
Rice Street Brownstones Llc
Bought by
Associated Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Sexson Paul $2,877,006 --
Pillar Homes Partner Inc $1,100,100 Custom Home Builders Ttl Llc
Chamberlain Capital Llc $370,000 Titlenexus Llc
Berch Capital Llc $250,000 Edina Realty Title Inc
Associated Bank National Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pillar Homes Partner Inc $1,150,000
Source: Public Records

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
2024 $27,187 $2,210,800 $1,104,000 $1,106,800
2023 $17,229 $1,488,900 $1,168,000 $320,900
2022 $2,386 $167,000 $167,000 $0
2021 $2,257 $167,000 $167,000 $0
2020 $2,210 $159,000 $159,000 $0
2019 $2,010 $150,000 $150,000 $0
2018 $2,047 $136,000 $136,000 $0
2017 $1,731 $114,000 $114,000 $0
2016 $1,631 $104,000 $104,000 $0
2015 $1,597 $99,000 $99,000 $0
2014 -- $92,000 $92,000 $0
Source: Public Records

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