NOT LISTED FOR SALE

550 Long Lake Rd E Wayzata, MN 55391

Orono Area

Estimated Value: $3,999,444 - $9,413,000

10 Beds
12 Baths
12,997 Sq Ft
$490/Sq Ft Est. Value

About This Home

This home is located at 550 Long Lake Rd E, Wayzata, MN 55391 and is currently estimated at $6,367,815, approximately $489 per square foot. 550 Long Lake Rd E is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2015
Sold by
Nike Storage Llc
Bought by
Current Estimated Value
$6,354,966

Purchase Details

Closed on
May 17, 2013
Sold by
Park Place Storage Condominiums Inc
Bought by
Linda M Netjes Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2013
Sold by
Netjes David A
Bought by
550 Long Lake Road East 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2013
Sold by
Netjes David A
Bought by
550 Long Lake Road East I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2011
Sold by
Netjer David A and Netjer Linda M
Bought by
Wallman Rusty L and Wallman Tina M

Purchase Details

Closed on
Dec 14, 2009
Sold by
Retained Realty Inc
Bought by
David A Netjes Rev Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wayzata, MN

  • Dave Thorp Real Estate Agent - Coldwell Banker Realty

    Dave Thorp

    Coldwell Banker Realty

    (952) 243-2852

    26 Total Sales

    1 in Orono

    $742,275 Price

    Dave Thorp
     Section Image
  • Christopher Wasilensky Real Estate Agent - Keller Williams Realty Integrity Lakes

    Christopher Wasilensky

    Keller Williams Realty Integrity Lakes

    (612) 261-0936

    85 Total Sales

    1 in Orono

    $504,900 Price

    Christopher Wasilensky
     Section Image
  • Jeff Vanderlinde Real Estate Agent - Vanderlinde Group | Edge Realty, Inc.

    Jeff Vanderlinde

    Responds Quickly

    Vanderlinde Group | Edge Realty, Inc.

    (612) 448-3557

    459 Total Sales

    1 in Orono

    $564,000 Price

    Jeff Vanderlinde
     Section Image
  • Marzena Melby Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Marzena Melby

    Responds Quickly

    Coldwell Banker Realty - Southwest Regional

    (612) 482-4776

    67 Total Sales

    1 in Orono

    $289,500 Price

    Marzena Melby
     Section Image
  • Ryan Platzke Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Ryan Platzke

    Coldwell Banker Realty - Southwest Regional

    (651) 615-9289

    858 Total Sales

    7 in Orono

    $291K - $6.6M Price Range

    Ryan Platzke
     Section Image
  • Colleen Schultz Real Estate Agent - Keller Williams Premier Realty Lake Minnetonka

    Colleen Schultz

    Keller Williams Premier Realty Lake Minnetonka

    (952) 649-6656

    103 Total Sales

    1 in Orono

    $430,000 Price

    Colleen Schultz
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 Old Republic National Title
Linda M Netjes Revocable Trust $207,550 Old Republic National Title
550 Long Lake Road East 1 Llc -- S & S Title & Scrow Llc
550 Long Lake Road East I Llc -- None Available
Wallman Rusty L $880,000 --
David A Netjes Rev Trust $3,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed 550 Long Lake Road East I Llc $850,000
Previous Owner 550 Long Lake Road East 1 Llc $1,925,000
Previous Owner Netjes David A $1,932,000
Previous Owner Netjes David A $1,950,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $57,856 $4,993,200 $2,062,500 $2,930,700
2024 $56,595 $4,850,400 $1,864,500 $2,985,900
2023 $54,238 $4,827,200 $1,815,000 $3,012,200
2022 $49,882 $5,092,000 $1,650,000 $3,442,000
2021 $49,080 $3,922,000 $1,142,000 $2,780,000
2020 $48,729 $3,873,000 $1,142,000 $2,731,000
2019 $48,542 $3,683,000 $1,031,000 $2,652,000
2018 $49,936 $3,612,000 $1,007,000 $2,605,000
2017 $48,386 $3,489,000 $1,073,000 $2,416,000
2016 $44,938 $3,243,000 $949,000 $2,294,000
2015 $44,912 $3,243,000 $949,000 $2,294,000
2014 -- $3,394,000 $1,073,000 $2,321,000
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

550 Long Lake Rd E, Wayzata, MN

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.