540 Indian Mound St Unit 1B Wayzata, MN 55391
Estimated Value: $1,175,000 - $1,419,477
2
Beds
2
Baths
1,300
Sq Ft
$958/mo
HOA Fee
Highlights
- Lake View
- 106,853 Sq Ft lot
- Patio
- Gleason Lake Elementary School Rated A
- Elevator
- 1-Story Property
About This Home
As of November 2023Come see this stunning south facing two bedroom condo in the highly sought after Wayzata Place with picturesque views of Wayzata Bay. Enjoy the open concept kitchen, informal dining and living room with a cozy gas fireplace. There are high end finishes throughout with custom cabinets, counter tops, built-ins, lighted bar/wine rack with a beverage cooler. The spacious primary bedroom suite offers a large walk-in closet, custom lighting, heated marble floors and oversized shower. Plenty of storage with storage closet across the hall. Relax in the cozy ground floor screened in patio that overlooks Lake Minnetonka and beautiful sunsets. Building amenities include underground heated garage, bike racks & recently renovated fitness room. Guest suite that has been fully remodeled available in the building. Walk to Wayzata's finest restaurants, shops & boutiques within steps of your front door. Come see this unique condo in the heart of downtown Wayzata!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,162
Year Built
- Built in 1979
Lot Details
- 2.45
HOA Fees
- $958 Monthly HOA Fees
Parking
- 1 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Lake Views
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0611722310068
Community Details
Overview
- Association fees include air conditioning, controlled access, gas, heating, lawn care, professional mgmt, trash, security, shared amenities, snow removal, water
- Rowcal Association, Phone Number (651) 233-1307
- High-Rise Condominium
- Condo 0110 Wayzata Place Condo Subdivision
Amenities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2023
Closed on
Nov 14, 2023
Sold by
Wilson Scott W and Wilson Shelly
Bought by
Northern Lights Interests Llc
Seller's Agent
Mark Abdel
RE/MAX Advantage Plus
Buyer's Agent
Beth Ulrich
Compass
List Price
$1,350,000
Sold Price
$1,350,000
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,131
Avg. Annual Appreciation
-2.99%
Purchase Details
Listed on
Apr 30, 2022
Closed on
Jun 29, 2022
Sold by
Anderson and Barbara
Bought by
Wilson Scott W and Wilson Shelly
Seller's Agent
Rebecca Jones
Coldwell Banker Realty
Buyer's Agent
Scott Stabeck
Coldwell Banker Realty
List Price
$1,379,000
Sold Price
$1,250,000
Premium/Discount to List
-$129,000
-9.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Purchase Details
Closed on
Feb 28, 2018
Sold by
Safar Pamela J and Pamela J Safar Revocable Trust
Bought by
Anderson Mark and Anderson Barbara
Purchase Details
Closed on
Jun 24, 2015
Sold by
Gainsley Phillip and Estate Of Elsie R Harter
Bought by
Safar Pamela J and Pamela J Safar Revocable Trust
Similar Homes in Wayzata, MN
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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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Northern Lights Interests Llc | $1,350,000 | Executive Title Services | |
| Wilson Scott W | $1,250,000 | Burnet Title | |
| Anderson Mark | $610,000 | Burnet Title | |
| Safar Pamela J | $475,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Anderson Barbara A | $250,000 | |
| Previous Owner | Anderson Barbara A | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $1,350,000 | 0.0% | $1,038 / Sq Ft |
| 10/14/2023 10/14/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $1,350,000 | +8.0% | $1,038 / Sq Ft |
| 07/01/2022 07/01/22 | Sold | $1,250,000 | -3.8% | $962 / Sq Ft |
| 06/12/2022 06/12/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | Price Changed | $1,299,000 | -5.8% | $999 / Sq Ft |
| 04/30/2022 04/30/22 | For Sale | $1,379,000 | -- | $1,061 / 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 | $14,124 | $1,235,500 | $842,000 | $393,500 |
| 2022 | $9,541 | $810,000 | $431,000 | $379,000 |
| 2021 | $9,231 | $754,000 | $431,000 | $323,000 |
| 2020 | $9,567 | $734,000 | $431,000 | $303,000 |
| 2019 | $8,170 | $733,000 | $431,000 | $302,000 |
| 2018 | $7,847 | $636,000 | $422,000 | $214,000 |
| 2017 | $6,906 | $541,000 | $352,000 | $189,000 |
| 2016 | $7,143 | $541,000 | $308,000 | $233,000 |
| 2015 | $8,014 | $582,000 | $308,000 | $274,000 |
| 2014 | -- | $568,000 | $308,000 | $260,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Abdel
Seller's Agent in 2023
Mark Abdel
RE/MAX Advantage Plus
(651) 283-8251
4 in this area
746 Total Sales
-
Beth Ulrich
Buyer's Agent in 2023
Beth Ulrich
Compass
(612) 964-7184
90 in this area
307 Total Sales
-
Rebecca Jones
Seller's Agent in 2022
Rebecca Jones
Coldwell Banker Burnet
(612) 619-7286
1 in this area
1 Total Sale
-
Scott Stabeck
Buyer's Agent in 2022
Scott Stabeck
Coldwell Banker Realty
(612) 747-5863
11 in this area
186 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6442574
APN: 06-117-22-31-0068
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