NOT LISTED FOR SALE

875 Lake St N Unit 211 Wayzata, MN 55391

Estimated Value: $1,016,242 - $1,306,000

2 Beds
2 Baths
1,250 Sq Ft
$733/mo HOA Fee

Last Sold January 29, 2024

Last sale price $970,000 $776 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,868/month

46 Days on Market

Highlights

  • 71,003 Sq Ft lot
  • 1 Fireplace
  • Stainless Steel Appliances
  • Gleason Lake Elementary School Rated A
  • Elevator
  • Parking Storage or Cabinetry

About This Home

As of January 2024

Two bedroom luxury condo located in the heart of downtown Wayzata. It holds beautiful hardwood floors, granite counter tops, & custom cabinetry. The open kitchen, dining and living space offer great flow and ease. A large master, with his and her sinks and a spacious glass shower and tub continue on to the closet with custom built-ins and washer dryer in closet. Complete with a lovely balcony perfect for grilling. Amenities include exercise, party and club room. Enjoy heated streets and sidewalks as well as restaurants, shops and Lake Minnetonka all with in less than a mile.

Last Agent to Sell the Property

Beth Ulrich

Compass Listed on: 11/21/2023

Compass

Co-Listed By

Chelsey Ulrich

Compass

Last Buyer's Agent

Vicki Peters

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,213

Year Built

  • Built in 2015

Lot Details

  • 1.63

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Room
  • Utility Room Floor Drain
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0611722410126

Community Details

Overview

  • Association fees include maintenance structure, cable TV, gas, hazard insurance, internet, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 1991 Regetta Wayzata Bay Resid Subdivision
  • Car Wash Area

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,213

Year Built

Built in 2015

Lot Details

0

HOA Fees

$733 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Elevator(s)
  • Fee Frequency: Monthly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 1250
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven
  • Fireplace Features: Gas
  • Living Area: 1250
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Business Center,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat
  • ConstructionMaterialsDesc: Block,Concrete

Garage/Parking

  • Parking Features: Assigned, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage, Storage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Gas, Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 733
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: irregular
  • Lot Size Sq Ft: 71002.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0611722410126
  • Tax Annual Amount: 9213
  • TaxWithAssessments: 9213.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 4, 2024
Sold by
Burggraf Steven and Burggraf Amber
Bought by
Blueger Monique and Blueger Theodor
Seller's Agent
Beth Ulrich
Compass
Buyer's Agent
Vicki Peters
Coldwell Banker Realty
List Price
$1,000,000
Sold Price
$970,000
Premium/Discount to List
-$30,000
-3%
Total Days on Market
46
Views
57
Current Estimated Value
$1,112,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,311
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Apr 16, 2021
Sold by
Wilcox Noah Wynter and Wilcox Julie Ann
Bought by
Burggraf Steven and Burggraf Amber

Purchase Details

Closed on
Oct 1, 2020
Sold by
Lerum Stephen T and Lerum Roxanne
Bought by
Wilcox Noah Wynter and Wilcox Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Wayzata, MN

  • 875 Lake St N Unit 205, Wayzata, MN 55391

    $1,080,000

    • 2 Beds
    • 2 Baths
    • 1,253 Sq Ft
    • 875 Lake St N
    • Unit 205
    • Wayzata, MN

    Two-bedroom/two-bath condo in sought-after Regatta Wayzata Bay. This south facing unit offers views of the great lawn from the private balcony that is equipped with a natural gas BBQ. The kitchen is fitted with Thermador appliances and granite counter tops. The living space is finished with hardwood floors, gas fireplace, and custom cabinetry throughout. The large primary bedroom has a spa-like

    Jeff Martineau Coldwell Banker Realty

    Section Image
  • 875 Lake St N Unit 212, Wayzata, MN 55391

    $1,050,000

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 875 Lake St N
    • Unit 212
    • Wayzata, MN

    Opportunity to own in the highly sought after Regatta located in the heart of charming downtown Wayzata. This two bedroom/two bath unit features beautiful hardwood floors, gas fireplace, and east-facing balcony. Kitchen highlights include large center island with breakfast counter and built-in drawers, great cabinet space for storage and displaying decor, plus built-n bench seating in the dining

    Beth Ulrich Compass

    Section Image
  • 415 Indian Mound St Unit 203, Wayzata, MN 55391

    $1,199,000

    • 2 Beds
    • 2 Baths
    • 2,024 Sq Ft
    • 415 Indian Mound St
    • Unit 203
    • Wayzata, MN

    Welcome to Way Point Condominiums, (a building with only 8 residencies) A very sharp 2 bedroom/ 2 bath condo (with over 2000 square feet) in Pristine condition and offering tons of natural sunlight. Located in the middle of Wayzata, one block off the main drive in close proximity to Lake Minnetonka and top notch restaurants and shopping. Large kitchen features “top of the line” appliances: Sub

    Dane Everett Counselor Realty, Inc.

    Section Image
  • 215 Barry Ave S Unit 116 and 114, Wayzata, MN 55391

    $799,900

    • 2 Beds
    • 2 Baths
    • 1,755 Sq Ft
    • 215 Barry Ave S
    • Unit 116 and 114
    • Wayzata, MN

    Discover luxurious condo living in this beautifully renovated two-bedroom, two-bathroom unit at Wayzata Villas, perfectly nestled in downtown Wayzata two blocks from Lake Minnetonka. This unique 1,755 sq. ft. space, created by combining two units in 2023, is ideal for a low-maintenance lifestyle, perfect for snowbirds who want to lock and leave. Enter through a welcoming foyer into a stunning

    Holly Connaker Compass

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blueger Monique $970,000 --
Burggraf Steven $780,000 Abstract Services Company
Wilcox Noah Wynter $735,000 Trademark Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilcox Noah Wynter $510,000
Previous Owner Lerum Stephen T $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $970,000 -3.0% $776 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $1,000,000 +3.1% $800 / Sq Ft
12/18/2023 12/18/23 Off Market $970,000 -- --
11/28/2023 11/28/23 Price Changed $1,000,000 -9.1% $800 / Sq Ft
11/21/2023 11/21/23 For Sale $1,100,000 -- $880 / 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 $10,979 $1,056,700 $439,200 $617,500
2022 $9,707 $854,000 $256,000 $598,000
2021 $8,765 $782,000 $256,000 $526,000
2020 $8,848 $730,000 $234,000 $496,000
2019 $7,993 $713,000 $210,000 $503,000
2018 $8,195 $646,000 $176,000 $470,000
2017 $8,479 $646,000 $176,000 $470,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6457166

NorthstarMLS

APN: 06-117-22-41-0126