NOT LISTED FOR SALE

935 Lake St E Unit 303 Wayzata, MN 55391

Wayzata Neighborhood

Estimated Value: $1,580,000 - $1,801,000

2 Beds
2.5 Baths
1,696 Sq Ft
$662/mo HOA Fee

Last Sold August 31, 2023

Last sale price $1,600,000 $943 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,761/month

76 Days on Market

Highlights

  • Home Office
  • Elevator
  • 1-Story Property
  • Gleason Lake Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Located in the highly sought after Landing Residences, this south-facing two bed/three bath condo offers open and bright living spaces with views of Lake Minnetonka and Lake Street. Highlights include stone façade gas fireplace and surrounding built-ins, kitchen with gas cooktop and large center island, convenient pocket office located off the kitchen, and large laundry room. Enjoy sitting on the balcony with the sights of Lake Street below. Located in the heart of downtown Wayzata, a variety of shops and restaurants are within walking distance. Condo includes two parking spaces, plus storage locker. Amenities include work out room and spa (shared with hotel) restaurant in lower level with access to room service/catering.

Last Listed By

Beth Ulrich

Compass Listed on: 05/22/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,621

Year Built

  • Built in 2017

Lot Details

  • 1.87

HOA Fees

  • $662 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0611722410208

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, ground maintenance, parking, professional mgmt, trash, snow removal, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 2036 The Landings Condo Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,621

Year Built

Built in 2017

Lot Details

0

HOA Fees

$662 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Accessible Elevator Installed, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Lobby Entrance, Other
  • Fee Frequency: Monthly
  • Year Built: 2017
  • Above Grade Finished Sq Ft: 1696
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 1696
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Office
  • SqFtTotal: 1696.00
  • Shared Rooms: Other

Beds/Baths

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

Exterior Features

  • Roof: Asphalt, Flat

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Insulated 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, Hazard Insurance, Maintenance Grounds, Parking, Professional Mgmt, Trash, Snow Removal, Water
  • Phone: 952-277-2700
  • Association Fee: 662
  • Association: Yes
  • Amenities Unit: Balcony,Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,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: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0611722410208
  • Tax Annual Amount: 14621
  • TaxWithAssessments: 14621.2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Paul D Kelly Revocable Trust and Kelly Paul D
Bought by
Kelly Gail D
Total Days on Market
76
Current Estimated Value
$1,718,624

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 17, 2023
Sold by
Wayzata 303 Llc
Bought by
Paul D Kelly Revocable Trust
Seller's Agent
Beth Ulrich
Compass
Buyer's Agent
Robert Hare & Tyler Hare
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 12, 2021
Sold by
Baskfield Sharon and Baskfield Mike
Bought by
Wayzata 303 Llc
Seller's Agent
Beth Ulrich
Compass
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,395,000
Sold Price
$1,290,000
Premium/Discount to List
-$105,000
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

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
Kelly Gail D $514 None Listed On Document
Paul D Kelly Revocable Trust $1,600,000 Executive Title Services
Wayzata 303 Llc $1,290,000 Edina Realty Title
-- $1,290,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $1,600,000 -4.5% $943 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $1,675,000 -4.3% $988 / Sq Ft
06/19/2023 06/19/23 Price Changed $1,750,000 -2.8% $1,032 / Sq Ft
05/30/2023 05/30/23 For Sale $1,800,000 +39.5% $1,061 / Sq Ft
02/17/2021 02/17/21 Sold $1,290,000 0.0% $761 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/02/2021 02/02/21 Off Market $1,290,000 -- --
01/04/2021 01/04/21 For Sale $1,395,000 0.0% $823 / Sq Ft
09/16/2019 09/16/19 Rented $5,200 -3.7% --
08/14/2019 08/14/19 For Rent $5,400 0.0% --
08/30/2017 08/30/17 Sold $1,090,978 +6.4% $643 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $1,025,000 -- $604 / 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 $18,842 $1,620,500 $723,000 $897,500
2022 $15,870 $1,242,000 $382,000 $860,000
2021 $15,349 $1,197,000 $444,000 $753,000
2020 $14,727 $1,165,000 $444,000 $721,000
2019 $13,284 $1,083,300 $350,000 $733,300
2018 $9,067 $981,900 $355,000 $626,900
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6372451

NorthstarMLS

APN: 06-117-22-41-0208