NOT LISTED FOR SALE

553 Harrington Rd Wayzata, MN 55391

Estimated Value: $5,453,000 - $6,656,728

8 Beds
8 Baths
9,425 Sq Ft
$662/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $8,750,000 $928 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $39,543/month

22 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Lake View
  • Living Room with Fireplace
  • Gleason Lake Elementary School Rated A
  • 94,525 Sq Ft lot
  • No HOA

About This Home

As of June 2022

ONE OF A KIND HISTORIC LAKESHORE ESTATE: This amazing and unique 2-acre estate resides behind the private Harrington Road gates and is a short walk into downtown Wayzata. The home has a rich history that someone may elect to preserve by remodeling the structure, and at the same time this is one of the loveliest sites to accommodate a new dream, and to actualize a new history. There is approximately 180 feet of premium south and southwest main lower lakeshore, with a lakeside terrace on the top of the boat house overlooking the entire lower lake. The site has beautiful mature trees and gardens, and the home is perfectly sited to maximize the yard and views.

Last Agent to Sell the Property

Ellen DeHaven

Coldwell Banker Realty Listed on: 04/09/2022

Coldwell Banker Realty

Last Buyer's Agent

Julie Regan

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,069

Year Built

  • Built in 1915

Lot Details

  • 2.17 Acre Lot
  • Lot Dimensions are 551x212x481x180
  • 180 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Sitting Room
  • Game Room with Fireplace
  • Storage Room
  • Utility Room
  • Lake Views
  • Partially Finished Basement
  • Drainage System

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Steam
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Auditors Sub 099 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1211723240001

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,069

Year Built

Built in 1915

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s), Window Unit(s)
  • Garage Spaces: 3
  • Accessibility Features: Accessible Elevator Installed, Grab Bars In Bathroom, Partially Wheelchair, Roll-In Shower
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 8702
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-473-3000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drainage System, Partially Finished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Gas, Living Room, Other, Wood Burning
  • Living Area: 9425
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 723
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Sun Room, Sitting Room, Family Room, Storage, Utility Room
  • SqFtTotal: 12598.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, Lake, Panoramic, South, West
  • Other Structures: Boat House
  • Lake Acres: 14729
  • LakeChain: N
  • Waterfront Frontage: 180

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage, Insulated Garage
  • Garage Square Feet: 1088
  • Garage Door Height: 7

Utilities

  • Heating: Boiler, Fireplace(s), Steam
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Dock,French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Panoramic View,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet,Walk-Up Attic

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 551x212x481x180
  • Lot Size Sq Ft: 94525.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1211723240001
  • Tax Annual Amount: 77069
  • TaxWithAssessments: 77069.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 23, 2022
Sold by
Margaret Dayton Ankeny 1998 Revocable Tr
Bought by
Reu Hayward Llc
Seller's Agent
Ellen DeHaven
Coldwell Banker Realty
Buyer's Agent
Julie Regan
Lakes Sotheby's International Realty
List Price
$8,995,000
Sold Price
$8,750,000
Premium/Discount to List
-$245,000
-2.72%
Total Days on Market
22
Current Estimated Value
$6,242,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,507,091
Avg. Annual Appreciation
-9.79%
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 Buyer Sale Price Title Company
Reu Hayward Llc $8,750,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ankeny Dewalt H $1,017,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $8,750,000 -2.7% $928 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $8,995,000 -- $954 / 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 $76,943 $6,360,900 $6,310,900 $50,000
2022 $77,069 $7,395,000 $5,898,000 $1,497,000
2021 $76,312 $5,481,000 $4,289,000 $1,192,000
2020 $72,207 $5,460,000 $4,289,000 $1,171,000
2019 $73,006 $4,985,000 $3,896,000 $1,089,000
2018 $74,456 $5,022,000 $3,896,000 $1,126,000
2017 $69,345 $4,653,000 $3,560,000 $1,093,000
2016 $67,904 $4,415,000 $3,455,000 $960,000
2015 $66,934 $4,235,000 $3,309,000 $926,000
2014 -- $4,235,000 $3,309,000 $926,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6158327

NorthstarMLS

APN: 12-117-23-24-0001