NOT LISTED FOR SALE

875 Lake St N Unit 403 Wayzata, MN 55391

Estimated Value: $2,652,000 - $3,946,258

3 Beds
4 Baths
3,438 Sq Ft
$918/Sq Ft Est. Value

About This Home

This home is located at 875 Lake St N Unit 403, Wayzata, MN 55391 and is currently estimated at $3,157,753, approximately $918 per square foot. 875 Lake St N Unit 403 is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Karen L Howe Trust and Howe Karen L
Bought by
Steven M Wexler Revocable Trust and Wexler
Current Estimated Value
$3,157,753

Purchase Details

Closed on
Sep 10, 2020
Sold by
Jacobson Kevin Leonard and Wang Jingjun
Bought by
Howe Karen L and The Karen L Howe Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2016
Sold by
Mithun Ray and Mithun Mary
Bought by
Jacobson Kevin Leonard and Wang Jingjun
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Steven M Wexler Revocable Trust $3,800,000 Burnet Title
Howe Karen L $1,900,000 Edina Realty Title Inc
Jacobson Kevin Leonard $2,000,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howe Karen L $1,425,000
Source: Public Records

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 $32,127 $2,704,400 $878,400 $1,826,000
2022 $26,384 $2,204,000 $511,000 $1,693,000
2021 $26,023 $1,933,000 $511,000 $1,422,000
2020 $26,883 $1,917,000 $468,000 $1,449,000
2019 $26,102 $1,908,400 $420,000 $1,488,400
2018 $26,569 $1,849,000 $584,000 $1,265,000
2017 $26,767 $1,849,000 $584,000 $1,265,000
Source: Public Records

Map

Minnesota Hennepin County Wayzata 55391

875 Lake St N Unit 403, Wayzata, MN

This home is located at 875 Lake St N Unit 403, Wayzata, MN 55391 and is currently estimated at $3,157,753, approximately $918 per square foot. 875 Lake St N Unit 403 is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

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