NOT LISTED FOR SALE

875 Lake St N Unit 310 Wayzata, MN 55391

Estimated Value: $1,754,000 - $2,093,616

2 Beds
2.5 Baths
2,170 Sq Ft
$1,353/mo HOA Fee

Last Sold October 18, 2023

Last sale price $2,150,000 $991 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $13,466/month

16 Days on Market

Highlights

  • Deck
  • Home Office
  • Elevator
  • Gleason Lake Elementary School Rated A
  • Sitting Room
  • Patio

About This Home

As of October 2023

Luxurious and hassle-free living awaits you in this gorgeous home conveniently located in the heart ofdowntown Wayzata and just steps to Lake Minnetonka. The tastefully designed interior boasts two bedrooms, three bathrooms, a cozy office space and an open floor plan featuring a double-sided stone fireplace. The kitchen is an entertainer's dream, complete with a 9' long center island and top-of-the-line Thermador appliances including a side-by-side refrigerator, double ovens and a wine fridge. Enjoy the view from the balcony overlooking the community courtyard and green space. This one won't last. Book a showing today!

Last Agent to Sell the Property

Kathleen Fowke

Lakes Sotheby's International Listed on: 09/01/2023

Lakes Sotheby's International

Co-Listed By

Ryan Weber

Lakes Sotheby's International

Last Buyer's Agent

Scott Stabeck

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,531

Year Built

  • Built in 2015

Lot Details

  • 1.63

HOA Fees

  • $1,353 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking
  • Secure Parking

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Sitting Room
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 0611722410145

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, cable TV, hazard insurance, heating, internet, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 567-6818
  • High-Rise Condominium
  • Cic 1991 Regatta Wayzata Bay Resid Subdivision
  • Car Wash Area

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,531

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,353 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, Concrete Floors & Walls, Deck, Elevator(s), Fire Sprinkler System, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 2170
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Two Sided, Gas, Living Room
  • Living Area: 2170
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Office, Deck, Sitting Room, Laundry
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: None
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Secured, Underground

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Shared Amenities, Snow Removal, Water
  • Phone: 952-567-6818
  • Association Fee: 1353
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Ceiling Fan(s),Deck,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Paneled Doors,Panoramic View,Tile Floors,Washer/Dryer Hookup,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
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0611722410145
  • Tax Annual Amount: 15531
  • TaxWithAssessments: 15531.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 18, 2023
Sold by
Fowke Ben and Fowke Kathleen
Bought by
Sween Thomas
Seller's Agent
Kathleen Fowke
Lakes Sotheby's International
Buyer's Agent
Scott Stabeck
Coldwell Banker Realty
List Price
$2,150,000
Sold Price
$2,150,000
Total Days on Market
16
Views
46
Current Estimated Value
$1,874,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$275,346
Avg. Annual Appreciation
-7.97%

Purchase Details

Closed on
Oct 29, 2019
Sold by
Mcgray Michael S and Mcgray Debra J
Bought by
Fowke Ben and Fowke Kathleen

Purchase Details

Closed on
Dec 2, 2016
Sold by
Mcray Debra J and Mcray Mike
Bought by
Mcgray Michael S and Mcgray Debra J

Purchase Details

Closed on
Apr 25, 2016
Sold by
Kamm Ervin F and Kamm Jenny C
Bought by
Mcgray Debra J and Mcgray Mike
Source: Public Records

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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
Sween Thomas $2,150,000 --
Fowke Ben $1,240,000 None Available
Mcgray Michael S -- None Available
Mcgray Debra J $1,350,000 Edina Realty Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $2,150,000 0.0% $991 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $2,150,000 -- $991 / 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 $19,684 $1,689,200 $805,200 $884,000
2022 $16,041 $1,314,000 $469,000 $845,000
2021 $14,952 $1,209,000 $469,000 $740,000
2020 $14,458 $1,137,000 $429,000 $708,000
2019 $15,991 $1,065,000 $385,000 $680,000
2018 $16,275 $1,165,000 $291,000 $874,000
2017 $16,381 $1,165,000 $291,000 $874,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6427388

NorthstarMLS

APN: 06-117-22-41-0145