540 Indian Mound St Unit 4B Wayzata, MN 55391
Estimated Value: $2,218,000 - $3,266,804
3
Beds
2.5
Baths
2,700
Sq Ft
$1,916/mo
HOA Fee
Highlights
- Lake View
- Deck
- Built-In Double Oven
- Gleason Lake Elementary School Rated A
- Family Room with Fireplace
- Stainless Steel Appliances
About This Home
As of July 2023Come see this once in a lifetime opportunity to own a premier condo in downtown Wayzata. Enjoy spectacular panoramic views of Wayzata Bay on Lake Minnetonka. This sun-filled south facing property offers an open layout with picturesque views of the lake and access to the patio from almost every room! This beautiful top floor unit was completely renovated with a designer and includes all high-end finishes. The gourmet kitchen offers an extra-large island with bar seating for kitchen gatherings, stone counters, high-end appliances, Sub-Zero fridge, Wolf range, and custom lighting. Updates include hardwood floors, heated tile in bathroom floors, gas fireplaces, formal living & dining areas, and a family room off of the kitchen. Enjoy the lake view from 72 feet of patio with views from every angle that sits above the only residential green space on Lake Street. This condo is located in a prime location within Wayzata with walkability to local restaurants, shops & the beach!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,141
Year Built
- Built in 1979
Lot Details
- Partially Fenced Property
HOA Fees
- $1,916 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Garage Door Opener
- Assigned Parking
- Secure Parking
Home Design
- Flat Roof Shape
- Rubber Roof
Interior Spaces
- 2,700 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Utility Room Floor Drain
- Lake Views
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Utilities
- Central Air
- Baseboard Heating
- Hot Water Heating System
- Cable TV Available
Community Details
- Association fees include maintenance structure, gas, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
- Rowcal Association, Phone Number (651) 233-1307
- High-Rise Condominium
- Condo 0110 Wayzata Place Condo Subdivision
Listing and Financial Details
- Assessor Parcel Number 0611722310077
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2023
Closed on
Jul 12, 2023
Sold by
Griffin Lisa
Bought by
Lerum Stephen
Seller's Agent
Mark Abdel
RE/MAX Advantage Plus
Buyer's Agent
Beth Ulrich
Compass
List Price
$3,500,000
Sold Price
$3,600,000
Premium/Discount to List
$100,000
2.86%
Views
4
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
-$912,049
Avg. Annual Appreciation
-14.05%
Purchase Details
Closed on
Nov 30, 2016
Sold by
Hauser Sara D
Bought by
Lisa K Griffin Living Trust
Purchase Details
Closed on
Oct 30, 2015
Sold by
U S Bank National Association
Bought by
Hauser Sara D
Purchase Details
Closed on
Jun 30, 2015
Sold by
U S Bank National Association
Bought by
U S Bank National Association
Purchase Details
Closed on
Feb 11, 2014
Sold by
Boulder Bridge Trust Company
Bought by
Hauser Helen B
Purchase Details
Closed on
Sep 1, 2002
Sold by
Estate Of Lucy J Dayton
Bought by
Dayton Mary Lee Lowe
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lerum Stephen | $3,600,000 | -- | |
| Lisa K Griffin Living Trust | $1,500,000 | Burnet Title | |
| Hauser Sara D | $1,200,000 | Burnet Title | |
| U S Bank National Association | -- | Attorney | |
| Hauser Helen B | $1,350,000 | Burnet Title | |
| Dayton Mary Lee Lowe | $895,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2023 07/17/23 | Sold | $3,600,000 | +2.9% | $1,333 / Sq Ft |
| 06/03/2023 06/03/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $3,500,000 | -- | $1,296 / 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 | $29,422 | $2,483,700 | $1,263,000 | $1,220,700 |
| 2022 | $23,141 | $1,870,000 | $735,000 | $1,135,000 |
| 2021 | $22,701 | $1,706,000 | $735,000 | $971,000 |
| 2020 | $23,341 | $1,683,000 | $887,000 | $796,000 |
| 2019 | $23,086 | $1,668,000 | $887,000 | $781,000 |
| 2018 | $18,065 | $1,645,000 | $869,000 | $776,000 |
| 2017 | $16,502 | $1,173,000 | $724,000 | $449,000 |
| 2016 | $17,730 | $1,216,000 | $634,000 | $582,000 |
| 2015 | $18,239 | $1,216,000 | $634,000 | $582,000 |
| 2014 | -- | $1,199,000 | $634,000 | $565,000 |
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
Map
Source: NorthstarMLS
MLS Number: 6377570
APN: 06-117-22-31-0077
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