Seller's Agent in 2023
Beth Ulrich
Compass
(612) 964-7184
89 in this area
302 Total Sales
875 Lake St N Unit 209 Wayzata, MN 55391
Wayzata NeighborhoodEstimated Value: $887,000 - $1,100,000
1
Bed
1.5
Baths
1,253
Sq Ft
$733/mo
HOA Fee
Highlights
- Community Garden
- Elevator
- Living Room
- Gleason Lake Elementary School Rated A
- 2 Car Attached Garage
- 1-Story Property
About This Home
As of November 2023Charming south facing one bedroom + den condo in the high-demand Regatta community. Ideal location in the heart of Wayzata puts all the excitement right outside your door. Walk to restaurants, shopping, community events, and Lake Minnetonka. Large open living space with built-in cabinets for storage and displays, plus balcony overlooking the Great Lawn. Bedroom with spacious bathroom, laundry, and plenty of closet space. Den with built-ins makes for the perfect home office space. Regatta amenities include exercise room, car wash, club rooms, and pet wash area. Two parking stalls and a storage locker come with this unit. ***Den could easily become 2nd bedroom as closet is present - would just need a door***
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,942
Year Built
- Built in 2015
Lot Details
- 1.63
HOA Fees
- $733 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Interior Spaces
- 1,253 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0611722410124
Community Details
Overview
- Association fees include maintenance structure, cable TV, gas, heating, internet, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, shared amenities, snow removal, water
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Regatta Subdivision
- Car Wash Area
Amenities
- Community Garden
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2023
Closed on
Oct 30, 2023
Sold by
Lerum Stephen and Lerum Roxanne
Bought by
Wilcox Jay A
Seller's Agent
Beth Ulrich
Compass
Buyer's Agent
Cassie Frick
Edina Realty, Inc.
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Total Days on Market
33
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,026
Avg. Annual Appreciation
8.87%
Purchase Details
Listed on
Jan 25, 2019
Closed on
Jun 25, 2019
Sold by
Arnold Larry P and Arnold Joan L
Bought by
Lerum Stephen
Seller's Agent
Beth Ulrich
Compass
List Price
$849,900
Sold Price
$700,000
Premium/Discount to List
-$149,900
-17.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilcox Jay A | $840,000 | Executive Title Services | |
| Lerum Stephen | $700,000 | Edina Realty Title Inc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2023 11/01/23 | Sold | $840,000 | -1.2% | $670 / Sq Ft |
| 09/27/2023 09/27/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $850,000 | +21.4% | $678 / Sq Ft |
| 06/25/2019 06/25/19 | Sold | $700,000 | -12.5% | $559 / Sq Ft |
| 06/13/2019 06/13/19 | Pending | -- | -- | -- |
| 05/07/2019 05/07/19 | Price Changed | $800,000 | -5.9% | $638 / Sq Ft |
| 01/25/2019 01/25/19 | For Sale | $849,900 | -- | $678 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $11,657 | $1,034,200 | $439,200 | $595,000 |
| 2022 | $9,435 | $832,000 | $256,000 | $576,000 |
| 2021 | $8,541 | $763,000 | $256,000 | $507,000 |
| 2020 | $10,202 | $714,000 | $234,000 | $480,000 |
| 2019 | $8,556 | $806,000 | $210,000 | $596,000 |
| 2018 | $8,772 | $684,000 | $171,000 | $513,000 |
| 2017 | $9,076 | $684,000 | $171,000 | $513,000 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Ulrich
-
Chelsey Ulrich
C
Seller Co-Listing Agent in 2023
Chelsey Ulrich
Compass
(612) 327-1193
10 in this area
62 Total Sales
-
Cassie Frick
Buyer's Agent in 2023
Cassie Frick
Edina Realty, Inc.
(612) 237-4460
2 in this area
211 Total Sales
Map
Similar Homes in Wayzata, MN
Source: NorthstarMLS
MLS Number: 6419964
APN: 06-117-22-41-0124
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