NOT LISTED FOR SALE

625 Locust Hills Dr Wayzata, MN 55391

Estimated Value: $3,031,000 - $3,840,000

3 Beds
4 Baths
3,370 Sq Ft
$992/Sq Ft Est. Value

About This Home

This home is located at 625 Locust Hills Dr, Wayzata, MN 55391 and is currently estimated at $3,343,981, approximately $992 per square foot. 625 Locust Hills Dr is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Martin Sacha Maria
Bought by
Michael D Darula Trust and Darula
Current Estimated Value
$3,343,981

Purchase Details

Closed on
Feb 27, 2023
Sold by
Darula Michael
Bought by
Michael D Darula Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 26, 2022
Sold by
Hornig Penelope S and Hornig Steven A
Bought by
Darula Michael and Martin Sacha Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,931,250
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2017
Sold by
Gundry Cooper and Gundry Deborah O
Bought by
Hornig Steven A and Hornig Penelope S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Michael D Darula Trust -- None Listed On Document
Michael D Darula Trust $500 None Listed On Document
Darula Michael $2,575,000 Burnet Title
Hornig Steven A $2,150,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darula Michael $500,000
Previous Owner Darula Michael $1,931,250
Previous Owner Hornig Steven A $1,630,000
Previous Owner Hornig Steven A $1,720,000
Previous Owner Gundry Cooper $1,000,000
Previous Owner Gundry Cooper $50,000,000
Previous Owner Gundry Cooper $1,000,000
Source: Public Records

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 $37,008 $3,102,600 $1,795,200 $1,307,400
2022 $24,213 $2,045,000 $1,323,000 $722,000
2021 $31,459 $1,781,000 $1,248,000 $533,000
2020 $31,031 $2,300,000 $1,650,000 $650,000
2019 $30,093 $2,190,000 $1,434,000 $756,000
2018 $34,605 $2,119,000 $1,273,000 $846,000
2017 $29,683 $2,041,000 $1,032,000 $1,009,000
2016 $29,148 $1,944,000 $1,032,000 $912,000
2015 $28,110 $1,828,000 $938,000 $890,000
2014 -- $1,776,000 $910,000 $866,000
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

625 Locust Hills Dr, Wayzata, MN

Homes for Sale in Wayzata, MN

This home is located at 625 Locust Hills Dr, Wayzata, MN 55391 and is currently estimated at $3,343,981, approximately $992 per square foot. 625 Locust Hills Dr is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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