NOT LISTED FOR SALE

720 Lanewood Ln N Unit C Plymouth, MN 55447

Estimated Value: $576,528 - $2,353,000

2 Beds
1 Bath
648 Sq Ft
$2,913/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $440,000 $679 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $10,071/month

1 Day on Market

Highlights

  • 43,560 Sq Ft lot
  • No HOA
  • 1-Story Property
  • Birchview Elementary School Rated A
  • Eat-In Kitchen
  • 3-minute walk to Circle Park

About This Home

As of August 2023

Do not miss this incredible opportunity to build your dream home on this flat 1 acre lot with lots of trees and convenient and easy access to Minneapolis. Located in the award winning Wayzata school district. You can bike to beautiful Wayzata and Lake Minnetonka and are only 1 block from the Luce Line Regional Trail. This home sits in a neighborhood with very large lots and has seen a lot of turnover with older homes being torn down and rebuilt. This home is being sold as-is and is likely a teardown or will need significant rehab. The possibilities are endless in this neighborhood full of million dollar plus homes!!

Last Agent to Sell the Property

Amy Kirscht

Dwell Realty Partners, LLC Listed on: 07/13/2023

Dwell Realty Partners, LLC

Last Buyer's Agent

Rob Monson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 122x357
  • Few Trees

Parking

  • 1 Car Garage

Home Design

  • Block Exterior

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Christiansens Parkers Lake 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3311822130013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,098

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 648
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 648
  • Fireplace: No
  • Basement YN: Yes
  • SqFtTotal: 1296.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 240

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Main Floor Primary Bedroom

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 122x357
  • Lot Size Sq Ft: 43560
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3311822130013
  • Tax Annual Amount: 3098
  • TaxWithAssessments: 3098.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Ldk Builders Inc
Bought by
Reck Matthew John and Reck Allison Marie
Current Estimated Value
$1,887,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Outstanding Balance
$1,820,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$67,632

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 25, 2023
Sold by
Worley Kyle Rupert
Bought by
Worley Martha A
Seller's Agent
Amy Kirscht
Dwell Realty Partners, LLC
Buyer's Agent
Rob Monson
RE/MAX Results
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.64%
Original Mortgage
$352,000
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 7, 2023
Sold by
Worley Martha A
Bought by
Ldk Builders Inc
Seller's Agent
Amy Kirscht
Dwell Realty Partners, LLC
Buyer's Agent
Rob Monson
RE/MAX Results
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
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
Reck Matthew John $2,275,000 Chb Title
Worley Martha A -- --
Ldk Builders Inc $440,000 Results Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reck Matthew John $1,820,000
Previous Owner Ldk Builders Inc $1,400,000
Previous Owner Ldk Builders Inc $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $440,000 +3.5% $679 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $425,000 -- $656 / 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
2024 $2,053 $182,500 $181,500 $1,000
2023 $3,055 $293,000 $170,500 $122,500
2022 $3,098 $286,000 $165,000 $121,000
2021 $2,773 $263,000 $162,000 $101,000
2020 $2,735 $239,000 $143,000 $96,000
2019 $2,694 $230,000 $140,000 $90,000
2018 $2,513 $227,000 $142,000 $85,000
2017 $2,482 $210,000 $142,000 $68,000
2016 $2,418 $200,000 $135,000 $65,000
2015 $2,413 $195,500 $132,000 $63,500
2014 -- $183,900 $121,000 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6387610

NorthstarMLS

APN: 33-118-22-13-0013