$475,000
SOLD MAY 3, 2024 RENTED AUG 20, 2024

551 Townes Rd Wayzata, MN 55391

3 Beds
2.5 Baths
1,748 Sq Ft
1.13 Acres

Recently Sold

$272 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Birchview Elementary School Rated A
  • Main Floor Primary Bedroom
  • The kitchen features windows

About This Home

As of May 2024

This well maintained 3 BR, 3 BA home is located on 1.13 acres in high demand Wayzata at the end of a quiet cul-de-sac. This premier lot boasts stunning views of marshland and nature as far as the eye can see. Gracious living room with fireplace & vaulted ceiling. Well appointed kitchen. Main level living. Large primary BR with 3/4 BA & walk-in closet. Enjoy spending time in the large LL walk-out family room with fireplace, new carpet & paint. FR leads to the patio & a huge flat backyard with fire pit. Extensive landscaping recently done with planting of pollinator friendly flowering trees, bushes and perennials & recently installed landscape lighting. Generous two car tuck under garage. Attractive multi-use shed with electrical wiring. Award winning Wayzata schools. Minutes from downtown Wayzata with dining, shops, beaches, parks, bike & walking paths & churches. Easy access to I-394, I-494 & Cnty Rd 101. Road on west side of property is maintained by the city.

Last Agent to Sell the Property

Jean Cunningham

Coldwell Banker Realty Brokerage Phone: 612-865-7322 Listed on: 04/08/2024

Coldwell Banker Realty

Last Buyer's Agent

Cristy Willis

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1976

Lot Details

  • 1.13 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Pitched Roof

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 150 Amp Service

Community Details

  • No Home Owners Association
  • Aftongreen 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0511722110009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,712

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Grab Bars In Bathroom
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1281
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Attribution Contact: 612-865-7322
  • Attribution Contact: 612-865-7322
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Walkout
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 1748
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 467
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Bathroom, Primary Bathroom, Walk In Closet, Utility Room, Garage, Deck, Patio, Foyer

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block,Brick
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
  • Garage Square Feet: 513
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 49222.8
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 0511722110009
  • Tax Annual Amount: 5712
  • TaxWithAssessments: 5712.0000

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
$552,661

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $475,000 --
Deed -- None Listed On Document
Warranty Deed $226,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $329,000 New Conventional
Previous Owner $141,000 New Conventional
Previous Owner $165,461 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $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

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Map

Source: NorthstarMLS

MLS Number: 6514854

NorthstarMLS

APN: 05-117-22-11-0009