NOT LISTED FOR SALE

550 Orono Orchards Rd S Wayzata, MN 55391

Estimated Value: $877,000 - $1,527,000

3 Beds
1 Bath
976 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $390,000 $400 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $6,503/month

Highlights

  • Newly Remodeled
  • No HOA
  • Family Room
  • Schumann Elementary School Rated A-
  • Living Room

About This Home

As of July 2022

This home is located at 550 Orono Orchards Rd S, Wayzata, MN 55391 since 18 July 2022 and is currently estimated at $1,130,332, approximately $1,158 per square foot. This property was built in 1915. 550 Orono Orchards Rd S is a home located in Hennepin County with nearby schools including Schumann Elementary School, Orono Intermediate Elementary School, and Orono Middle School.

Last Buyer's Agent

Darlene Arndt

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1915 | Newly Remodeled

Lot Details

  • 0.61 Acre Lot

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Minnetonka Bluffs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0211723310006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1915 | Newly Remodeled

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1915
  • Unit Levels: One and One Half
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Lot Size Sq Ft: 26571.6
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 0211723310006
  • Tax Annual Amount: 2640
  • TaxWithAssessments: 2640.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Jul 14, 2022
Sold by
Sandra S Larson Revocable Trust
Bought by
Yusefzadeh Patricia and Yusefzadeh Eric
Buyer's Agent
Darlene Arndt
Coldwell Banker Realty
Sold Price
$390,000
Total Days on Market
0
Current Estimated Value
$1,130,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,332
Avg. Annual Appreciation
48.14%
Original Mortgage
$351,000
Outstanding Balance
$335,835
Interest Rate
4.5%
Mortgage Type
Balloon
Estimated Equity
$927,013

Purchase Details

Closed on
Aug 19, 2004
Sold by
Stuurmans Paulette Pickard
Bought by
Larson Sandra S

Purchase Details

Closed on
Aug 30, 2000
Sold by
Nelson Kathy A and Nelson Lawrence E
Bought by
Pickard Stuurmans Paulette
Source: Public Records

Range of Values:

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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
Yusefzadeh Patricia $390,000 --
Larson Sandra S $285,000 --
Pickard Stuurmans Paulette $182,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yusefzadeh Patricia $351,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $390,000 -- $400 / Sq Ft
Source: NorthstarMLS

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 $3,121 $334,500 $209,000 $125,500
2022 $2,786 $291,000 $160,000 $131,000
2021 $2,640 $273,000 $160,000 $113,000
2020 $2,487 $261,000 $149,000 $112,000
2019 $2,684 $237,000 $127,000 $110,000
2018 $2,719 $248,000 $149,000 $99,000
2017 $2,645 $236,000 $149,000 $87,000
2016 $2,624 $230,000 $149,000 $81,000
2015 $2,509 $218,000 $149,000 $69,000
2014 -- $214,000 $156,000 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6237294

NorthstarMLS

APN: 02-117-23-31-0006