NOT LISTED FOR SALE

935 Lake St E Unit 306 Wayzata, MN 55391

Estimated Value: $2,334,000 - $2,954,000

2 Beds
2.5 Baths
2,350 Sq Ft
$935/mo HOA Fee

Last Sold November 18, 2022

Last sale price $2,525,000 $1,074 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $18,612/month

Highlights

  • 81,588 Sq Ft lot
  • Deck
  • Den
  • Gleason Lake Elementary School Rated A
  • Home Gym
  • Community Garden

About This Home

As of November 2022

This home is located at 935 Lake St E Unit 306, Wayzata, MN 55391 since 24 October 2022 and is currently estimated at $2,723,941, approximately $1,159 per square foot. This property was built in 2016. 935 Lake St E Unit 306 is a home located in Hennepin County with nearby schools including Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Last Listed By

Jeff Holmers

Keller Williams Premier Realty Lake Minnetonka Listed on: 10/24/2022

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,698

Year Built

  • Built in 2016

Lot Details

  • 1.87

HOA Fees

  • $935 Monthly HOA Fees

Parking

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

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2,350 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den
  • Home Gym

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier

Listing and Financial Details

  • Assessor Parcel Number 0611722410211

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, ground maintenance, professional mgmt, trash, shared amenities, lawn care, water
  • First Service Residential Association, Phone Number (952) 277-2700
  • High-Rise Condominium
  • Cic 2036 The Landings Condo Subdivision
  • Car Wash Area

Amenities

  • Community Garden
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,698

Year Built

Built in 2016

Lot Details

0

HOA Fees

$935 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, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s)
  • Fee Frequency: Monthly
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 2350
  • 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, Humidifier, Water Osmosis System, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2350
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Den, Sun Room, Deck, Laundry
  • Shared Rooms: 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, Asphalt, Flat
  • PoolFeatures: None
  • Fencing: None

Garage/Parking

  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage, Paved, Underground

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Lawn Care, Water
  • Phone: 952-277-2700
  • Association Fee: 935
  • Association: Yes
  • Amenities Unit: Balcony,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Sun Room,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: irregular
  • Lot Size Sq Ft: 81587.88
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0611722410211
  • Tax Annual Amount: 25698
  • TaxWithAssessments: 25698.4200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Nov 11, 2022
Sold by
Perlich Jon Russell and Perlich Linda Jane
Bought by
Bruce D Goodman 1984 Trust
Seller's Agent
Jeff Holmers
Keller Williams Premier Realty Lake Minnetonka
Buyer's Agent
Beth Ulrich
Compass
List Price
$2,500,000
Sold Price
$2,525,000
Premium/Discount to List
$25,000
1%
Total Days on Market
0
Views
4
Current Estimated Value
$2,723,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,941
Avg. Annual Appreciation
3.07%

Purchase Details

Listed on
Jul 3, 2022
Closed on
Jul 21, 2022
Sold by
Larson Cynthia K
Bought by
Perlich Jon Russell and Perlich Linda Jane
Buyer's Agent
Constance Castonguay
Keller Williams Premier Realty Lake Minnetonka
List Price
$2,425,000
Sold Price
$2,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%

Purchase Details

Closed on
May 26, 2021
Sold by
Meshbesher Steven J and Meshbesher Nancy Cooper
Bought by
Larson Cynthia K and Westerberg Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2017
Sold by
Bohland Development Landing Llc
Bought by
Meshbesher Steven J and Meshbesher Nancy Cooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.89%
Mortgage Type
Commercial

Range of Values:

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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
Bruce D Goodman 1984 Trust $2,525,000 Minnesota Title
Perlich Jon Russell $2,425,000 Minnesota Title
Larson Cynthia K $1,880,000 Edina Realty Title Inc
Meshbesher Steven J $1,899,962 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Cynthia K $1,200,000
Previous Owner Meshbesher Steven J $400,000
Previous Owner Meshbesher Steven J $250,000
Previous Owner Meshbesher Steven J $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $2,525,000 +1.0% $1,074 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $2,500,000 +3.1% $1,064 / Sq Ft
07/29/2022 07/29/22 Sold $2,425,000 0.0% $1,032 / Sq Ft
07/03/2022 07/03/22 For Sale $2,425,000 -- $1,032 / 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 $29,165 $2,462,700 $795,300 $1,667,400
2022 $25,698 $1,981,000 $420,000 $1,561,000
2021 $24,973 $1,885,000 $488,000 $1,397,000
2020 $24,880 $1,843,000 $488,000 $1,355,000
2019 $24,047 $1,772,500 $385,000 $1,387,500
2018 $12,621 $1,710,000 $495,000 $1,215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6272816

NorthstarMLS

APN: 06-117-22-41-0211