NOT LISTED FOR SALE

534 Rice St E Wayzata, MN 55391

Estimated Value: $2,070,000 - $2,718,423

3 Beds
4 Baths
3,002 Sq Ft
$782/Sq Ft Est. Value

About This Home

This home is located at 534 Rice St E, Wayzata, MN 55391 and is currently estimated at $2,347,856, approximately $782 per square foot. 534 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
Jun 28, 2023
Sold by
Pillar Homes Partner Inc
Bought by
Hoffman Michael J and Hoffman Tamara R
Current Estimated Value
$2,347,856

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:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hoffman Michael J $2,831,538 Chb Title
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
Previous Owner Chamberlain Capital Llc $1,500,000
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
2023 $20,344 $1,743,000 $1,168,000 $575,000
2022 $2,933 $552,000 $245,000 $307,000
2021 $2,257 $248,000 $245,000 $3,000
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

Map

Minnesota Hennepin County Wayzata 55391

534 Rice St E, Wayzata, MN

This home is located at 534 Rice St E, Wayzata, MN 55391 and is currently estimated at $2,347,856, approximately $782 per square foot. 534 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.

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.

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