$418,000 - $581,000
RENTED OCT 23, 2024

625 Rosswood Ln Wayzata, MN 55391

4 Beds
2 Baths
1,875 Sq Ft
$267 Price per Sq Ft

Last Sold November 14, 2013

Last sale price $195,000 $104 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,014/month

Highlights

  • Family Room with Fireplace
  • Corner Lot
  • Screened Porch
  • Gleason Lake Elementary School Rated A
  • No HOA
  • The kitchen features windows

About This Home

As of October 2024

Recently renovated home in the most desired school district in the state. Move-in ready, home is available Dec 1. Walk to downtown Wayzata, Groceries, Parks, schools, etc. $275 per pet fee.

Last Agent to Rent the Property

Darik Steinbach

Keller Williams Premier Realty Lake Minnetonka Listed on: 10/08/2024

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 160x81
  • Corner Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Way Woods Subdivision

Listing and Financial Details

  • Property Available on 12/1/24
  • Tenant pays for cable TV, heat, trash collection
  • Assessor Parcel Number 3111822440021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,685

Year Built

Built in 1957

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-12-01
  • Lease Price: 2500.0000
  • ApplicationFee: 50.0000
  • SecurityDeposit: 500.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 1050
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Finished, Full
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Family Room, Living Room
  • Living Area: 1875
  • Below Grade Finished Sq Ft: 825
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Screened Porch
  • SqFtTotal: 2100.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Patio,Porch,Tile Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 160x81
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Assessor Parcel Number: 3111822440021

Multi Family

  • TenantPays: Cable TV, Heat, Trash Collection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Steinbach Darik and Steinbach Tara
Bought by
Darik C Steinbach Trust and Tara L Steinbach Trust
Current Estimated Value
$500,642

Purchase Details

Listed on
Oct 4, 2013
Closed on
Nov 14, 2013
Sold by
Devogt Holly M
Bought by
Steinbach Darik and Steinbach Tara
Seller's Agent
Sarah Marcum
Coldwell Banker Burnet
Buyer's Agent
Darik Steinbach
Keller Williams Premier Realty
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$226,400
Interest Rate
4.24%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 13, 2012
Sold by
Schmacher Ladonna
Bought by
Devogt Holly M

Purchase Details

Closed on
Sep 9, 1998
Sold by
Estate Of Elizabeth J Halvorson and Richards Barbara
Bought by
Markusen Hilma L
Source: Public Records

Range of Values:

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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
Darik C Steinbach Trust $500 None Listed On Document
Steinbach Darik $195,000 Liberty Title
Devogt Holly M -- None Available
Markusen Hilma L $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steinbach Darik $240,000
Previous Owner Steinbach Darik $247,500
Previous Owner Steinbach Darik C $229,000
Previous Owner Steinbach Darik $226,400
Previous Owner Devogt Holly $70,000
Previous Owner Devogt Holly M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Rented $2,500 0.0% --
10/08/2024 10/08/24 For Rent $2,500 0.0% --
08/01/2023 08/01/23 Rented $2,500 -5.7% --
05/30/2023 05/30/23 Price Changed $2,650 -5.2% $1 / Sq Ft
05/22/2023 05/22/23 Price Changed $2,795 -4.8% $1 / Sq Ft
05/13/2023 05/13/23 For Rent $2,935 0.0% --
11/14/2013 11/14/13 Sold $195,000 -2.0% $180 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $199,000 -- $184 / 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 $3,685 $360,700 $97,400 $263,300
2022 $3,737 $351,000 $97,000 $254,000
2021 $3,368 $316,000 $100,000 $216,000
2020 $3,411 $285,000 $75,000 $210,000
2019 $3,216 $278,000 $70,000 $208,000
2018 $3,108 $261,000 $67,000 $194,000
2017 $2,928 $233,000 $61,000 $172,000
2016 $2,782 $214,000 $58,000 $156,000
2015 $2,462 $184,000 $58,000 $126,000
2014 -- $161,000 $52,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6614871

NorthstarMLS

APN: 31-118-22-44-0021