Seller's Agent in 2025
Cristy Willis
Edina Realty, Inc.
(952) 356-7585
104 Total Sales
551 Townes Rd Wayzata, MN 55391
Estimated Value: $480,000 - $585,644
3
Beds
2.5
Baths
1,748
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Forced Air Heating and Cooling System
- Birchview Elementary School Rated A
- Entrance Foyer
- Family Room
About This Home
As of August 2024Beautifully updated move-in ready home located on a 1+ acre lot in high demand Minnetonka at the end of a quiet cul-de-sac. This incredible lot provides for stunning views of marshland and nature as far as the eye can see. The light filled living room, dining and kitchen feature vaulted ceilings, wide open spaces, updated lighting, fresh paint, new tile backsplash and more! The large primary bedroom suite has 3/4 bath and walk-in closet. Two additional spacious bedrooms and a full bath finish out the upper level. The expansive lower-level family room has a cozy wood burning fireplace and walks out to a dynamite backyard with lovely patio and firepit. The landscaping includes pollinator friendly flowering trees, bushes, and perennials. Other highlights include a generous two car garage; cute multi-use shed with electrical wiring and award-winning Wayzata schools. Minutes from downtown Wayzata with dining, shops, beaches, parks, bike & walking paths! Easy access to I-394, I-494 & downtown Minneapolis! Don’t miss this one!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,720
Year Built
- Built in 1976
Lot Details
- 1.13
Parking
- 2 Car Garage
Home Design
- Bi-Level Home
- Shake Siding
Interior Spaces
- Wood Burning Fireplace
- Brick Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Partially Finished Basement
- Basement Storage
- Range<<rangeHoodToken>>
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Few Trees
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Property Available on 8/1/24
- Assessor Parcel Number 0511722110009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2024
Closed on
May 3, 2024
Sold by
Hazen Tana and Hazen Leslie
Bought by
Majkrzak Alexander
Seller's Agent
Shabnam Golafshan
Edina Realty, Inc.
Sold Price
$3,500
Views
35
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
$549,161
Avg. Annual Appreciation
13.22%
Original Mortgage
$329,000
Outstanding Balance
$325,573
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$227,088
Purchase Details
Closed on
Jun 14, 2023
Sold by
Reece Larry Ernest
Bought by
Reece Larry Ernest and Hazen Tana J
Purchase Details
Closed on
Nov 17, 2000
Sold by
Illian David
Bought by
Reece Larry E and Anderson Tami K
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 |
|---|---|---|---|
| Majkrzak Alexander | $475,000 | -- | |
| Reece Larry Ernest | -- | None Listed On Document | |
| Reece Larry E | $226,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Majkrzak Alexander | $329,000 | |
| Previous Owner | Reece Larry Ernet | $141,000 | |
| Previous Owner | Reece Larry Ernest | $165,461 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | For Sale | $489,900 | 0.0% | $280 / Sq Ft |
| 08/20/2024 08/20/24 | Rented | $3,500 | 0.0% | -- |
| 07/19/2024 07/19/24 | For Rent | $3,500 | 0.0% | -- |
| 07/01/2024 07/01/24 | Rented | $3,500 | 0.0% | -- |
| 06/04/2024 06/04/24 | For Rent | $3,500 | 0.0% | -- |
| 05/03/2024 05/03/24 | Sold | $475,000 | +1.1% | $272 / Sq Ft |
| 04/11/2024 04/11/24 | Pending | -- | -- | -- |
| 04/08/2024 04/08/24 | For Sale | $469,900 | -- | $269 / 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 | $5,720 | $485,200 | $259,600 | $225,600 |
| 2022 | $5,587 | $477,700 | $259,600 | $218,100 |
| 2021 | $5,103 | $419,500 | $236,000 | $183,500 |
| 2020 | $5,133 | $386,700 | $236,000 | $150,700 |
| 2019 | $4,573 | $375,900 | $236,000 | $139,900 |
| 2018 | $4,225 | $339,800 | $236,000 | $103,800 |
| 2017 | $3,777 | $281,700 | $200,000 | $81,700 |
| 2016 | $3,678 | $271,600 | $160,000 | $111,600 |
| 2015 | $3,497 | $253,900 | $160,000 | $93,900 |
| 2014 | -- | $227,900 | $160,000 | $67,900 |
Source: Public Records
Agents Affiliated with this Home
-
Cristy Willis
-
Shabnam Golafshan
S
Landlord's Agent in 2024
Shabnam Golafshan
Edina Realty, Inc.
(651) 338-6514
35 Total Sales
-
Jean Cunningham
Seller's Agent in 2024
Jean Cunningham
Coldwell Banker Burnet
(612) 865-7322
6 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6572555
APN: 05-117-22-11-0009
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