NOT LISTED FOR SALE

601 Bushaway Rd Wayzata, MN 55391

Estimated Value: $5,536,000 - $9,778,868

6 Beds
10 Baths
12,000 Sq Ft
$708/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $5,184,830 $432 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $55,232/month

Highlights

  • Lake Front
  • Spa
  • Heated Floors
  • Gleason Lake Elementary School Rated A
  • Sauna
  • 2.48 Acre Lot

About This Home

As of June 2014

ASID Showcase Home (2006). Main house & guest house have been beautifully renovated. Unique opportunity to own one of Lk Mtka's Landmark Estates.This architectural masterpiece on Wayzata Bay rests prominently on 2.5 acres with 180 ft. of lakeshore.

Last Agent to Sell the Property

Ellen DeHaven

Coldwell Banker Burnet Listed on: 06/02/2014

Co-Listed By

Jonathan Norris

Coldwell Banker Burnet

Last Buyer's Agent

Meredith Howell

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,704

Year Built

  • Built in 1919

Lot Details

  • 2.48 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Landscaped with Trees

Parking

  • 5 Car Garage

Home Design

  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Formal Dining Room
  • Sauna

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Private Water Source
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 0811722230012

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,704

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Hot Tub, Natural Woodwork, Sauna, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Balcony, Deck, Hot Tub, Porch, Sauna
  • Estimated Number of Acres: 2.48
  • Assessment Balance: 70704
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 3931
  • Mechanicals: Electronic Air Filter, Water Softener-Owned
  • Parcel Number: 0811722230012
  • Projected Closed Date: 06/02/2014
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 72361
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Master, Full Master, Main Floor 1/2 Bath, Master Walk-Thru, Separate Tub & Shower, Two Basement Baths, Two Master Baths
  • Total Bathrooms: 10
  • Half Bathrooms: 4
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 10
  • Room 1: Living Room, 37x23, On Level: Main
  • Room 2: Dining Room, 26x18, On Level: Main
  • Room 3: Family Room, 27x23, On Level: Main
  • Room 4: Kitchen, 25x23, On Level: Main
  • Room 5: Bedroom, 28x18, On Level: Upper
  • Room 6: Bedroom, 18x15, On Level: Upper
  • Room 7: 19x13, On Level: Upper
  • Room 8: Bedroom, 30x24, On Level: Upper
  • Room 9: Bedroom, 25x16, On Level: Upper
  • Room 10: Bedroom, 16x11, On Level: Upper
  • Room 11: Rec Room, 44x19, On Level: Upper
  • Room 12: Other, 25x16, On Level: Upper
  • Room 13: Media Room, 26x18, On Level: Lower
  • Room 14: Sunroom/Solarium, On Level: Main
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 11332
  • Below Grade Finished Sq Ft: 668
  • Total Fin Square Footage: 12000

Exterior Features

  • Frontage Road: County
  • LakeAcres: 14652
  • Exterior: Brick, Stucco
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 5

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City, Private

Schools

  • School District: Wayzata #284

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1919

Tax Info

  • Year: 2014
  • Tax Value: 70704

MLS Schools

  • School District: Wayzata #284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2017
Sold by
W & T Llc
Bought by
601 Bushaway Llc
Current Estimated Value
$8,501,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,104,781
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$6,397,186

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jun 6, 2014
Sold by
Stielow Susan Susan
Seller's Agent
Ellen DeHaven
Coldwell Banker Burnet
Buyer's Agent
Meredith Howell
Coldwell Banker Burnet
List Price
$5,995,000
Sold Price
$5,184,830
Premium/Discount to List
-$810,170
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$2,592,420
Interest Rate
4.14%

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jun 2, 2014
Seller's Agent
Ellen DeHaven
Coldwell Banker Burnet
Buyer's Agent
Meredith Howell
Coldwell Banker Burnet
List Price
$5,995,000
Sold Price
$5,184,830
Premium/Discount to List
-$810,170
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,592,420
Interest Rate
4.14%

Purchase Details

Closed on
Jan 3, 2014
Sold by
South Dakota Trust Company Llc
Bought by
Stielow Susan
Source: Public Records

Range of Values:

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Average Value
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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
601 Bushaway Llc $5,150,000 Burnet Tite
-- $2,592,400 --
W & T Llc $2,592,414 Burnet Title
-- $2,592,400 --
W & T Llc $2,592,414 Burnet Title
Stielow Susan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 601 Bushaway Llc $2,500,000
Previous Owner -- $2,592,420
Previous Owner -- $2,592,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2014 06/02/14 Sold $5,184,830 -13.5% $432 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $5,995,000 -- $500 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $121,870 $9,616,600 $6,680,700 $2,935,900
2023 $108,922 $8,970,000 $6,486,100 $2,483,900
2022 $86,712 $7,577,000 $5,200,000 $2,377,000
2021 $84,048 $6,156,000 $4,160,000 $1,996,000
2020 $75,271 $6,005,000 $4,160,000 $1,845,000
2019 $75,327 $5,193,000 $3,382,000 $1,811,000
2018 $78,233 $5,179,000 $2,505,000 $2,674,000
2017 $74,539 $4,995,000 $2,505,000 $2,490,000
2016 $71,355 $4,635,000 $2,160,000 $2,475,000
2015 $70,264 $4,378,000 $2,160,000 $2,218,000
2014 -- $4,378,000 $2,160,000 $2,218,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Ellen DeHaven

    Coldwell Banker Burnet

  • J

    Seller Co-Listing Agent in 2014

    Jonathan Norris

    Coldwell Banker Burnet

  • M

    Buyer's Agent in 2014

    Meredith Howell

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4627276

REALTOR® Association of Southern Minnesota

APN: 08-117-22-23-0012

Minnesota Hennepin County Wayzata 55391

601 Bushaway Rd, Wayzata, MN

This home is located at 601 Bushaway Rd, Wayzata, MN 55391 since 02 June 2014 and is currently estimated at $8,501,967, approximately $708 per square foot. This property was built in 1919. 601 Bushaway Rd is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

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