NOT LISTED FOR SALE

875 Lake St N Unit 220 Wayzata, MN 55391

Wayzata Neighborhood

Estimated Value: $1,886,000 - $2,068,000

2 Beds
2.5 Baths
2,235 Sq Ft
$1,625/mo HOA Fee

Last Sold October 21, 2024

Last sale price $2,000,000 $895 Per Sq Ft

Current estimated payment $14,521/month

72 Days on Market

Highlights

  • 71,003 Sq Ft lot
  • Den
  • Elevator
  • Gleason Lake Elementary School Rated A
  • Community Garden
  • Built-In Double Oven

About This Home

As of October 2024

Located in the highly sought after Regatta community, this corner 2BR+Den condo is a stunner! Thoughtfully designed and beautifully appointed, it is ideal for entertaining and everyday living. Open and bright main areas anchored by the gourmet kitchen on one end and an inviting living space on the other. Spacious primary suite offers a tranquil environment to start and end your day, featuring two walk-in closets and a spa-like bath with heated floors, large soaker tub and glass-enclosed shower. Secondary bedroom features an ensuite 3/4 bath and access to outdoor space. The designated home office space provides privacy and a quiet area for working and reading. Two patios with over 600+ sqft to enjoy outdoor entertaining and relaxing. Sonos sound system with built-in speakers. This condo comes with 4 garage spaces and storage locker. Walk to all that Wayzata has to offer!

Last Listed By

Beth Ulrich

Compass Listed on: 05/22/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,504

Year Built

  • Built in 2015

Lot Details

  • 1.63

HOA Fees

  • $1,625 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Garage Space

Interior Spaces

  • 2,235 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0611722410135

Community Details

Overview

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

Amenities

  • Community Garden
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,504

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,625 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Elevator(s), Lobby Entrance, Other
  • Fee Frequency: Monthly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 2235
  • 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, Double Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2235
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den
  • SqFtTotal: 2235.00
  • Shared Rooms: Community Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Garage Door Opener, Heated Garage, Parking Garage, Underground
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Gas, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Trash, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 1625
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • 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: 2024
  • Assessor Parcel Number: 0611722410135
  • Tax Annual Amount: 21504
  • TaxWithAssessments: 21504.1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Oct 8, 2024
Sold by
Quast Karen
Bought by
Hogan Thomas and Hogan Jennifer
Seller's Agent
Beth Ulrich
Compass
Buyer's Agent
Allison Watt
Coldwell Banker Realty
List Price
$2,175,000
Sold Price
$2,000,000
Premium/Discount to List
-$175,000
-8.05%
Total Days on Market
72
Views
4
Current Estimated Value
$1,993,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,840
Avg. Annual Appreciation
-0.64%

Range of Values:

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Average Value
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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
Hogan Thomas $2,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $2,000,000 -4.8% $895 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $2,100,000 -3.4% $940 / Sq Ft
05/24/2024 05/24/24 For Sale $2,175,000 -- $973 / 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 $21,504 $1,837,700 $805,200 $1,032,500
2022 $18,470 $1,493,000 $469,000 $1,024,000
2021 $17,407 $1,379,000 $469,000 $910,000
2020 $17,228 $1,310,000 $429,000 $881,000
2019 $15,281 $1,253,000 $385,000 $868,000
2018 $15,552 $1,117,000 $372,000 $745,000
2017 $15,652 $1,117,000 $372,000 $745,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6537237

NorthstarMLS

APN: 06-117-22-41-0135