NOT LISTED FOR SALE

980 E Shady Ln Wayzata, MN 55391

Wayzata Area

Estimated Value: $1,486,000 - $9,536,000

6 Beds
6 Baths
4,895 Sq Ft
$1,214/Sq Ft Est. Value

Sale Details

Date Sold: April 24, 2012

Last sale price $2,300,000 $470 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $40,036 / mo

19 Days on Market

Highlights

  • Lake Front
  • 1.15 Acre Lot
  • Wood Flooring
  • Gleason Lake Elementary School Rated A+
  • Deck
  • Breakfast Area or Nook

About This Home

As of April 2012

Bank owned Lake Mtka estate on prestigious Wayzata Bay. Approx 140 feet of south facing shoreline on 1.15 acres. Authentic Colonial home with a carriage house. Walking distance to downtown Wayzata. Incredible opportunity to build, remodel or enjoy as is.

Last Agent to Sell the Property

George Stickney

Coldwell Banker Burnet Listed on: 04/04/2012

Last Buyer's Agent

Jennifer Wolff

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Year Built

  • 1937

Lot Details

  • 1.15 Acre Lot
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0611722440018

Home Details

Home Type

Single Family

Year Built

1937

Lot Details

1.15 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Patio, Porch
  • Estimated Number of Acres: 1.15
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 2150
  • Parcel Number: 0611722440018
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 6
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Room 1: Living Room, 23x12, On Level: Main
  • Room 2: Dining Room, 18x17, On Level: Main
  • Room 3: Family Room, 29x16, On Level: Lower
  • Room 4: Kitchen, 22x13, On Level: Main
  • Room 5: Bedroom, 17x14, On Level: Upper
  • Room 6: Bedroom, 17x12, On Level: Upper
  • Room 7: 17x13, On Level: Upper
  • Room 8: Bedroom, 11x10, On Level: Upper
  • Room 9: Bedroom, 13x10, On Level: Upper
  • Room 10: Bedroom, 17x11, On Level: Upper
  • Room 11: Den/Office, 14x13, On Level: Main
  • Room 12: Porch, 23x12, On Level: Main
  • Room 13: Rec Room, 27x12, On Level: Lower
  • Room 14: Laundry Room, 18x8, On Level: Main
  • Basement Features: Finished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 4105
  • Below Grade Finished Sq Ft: 790
  • Total Fin Square Footage: 4895

Exterior Features

  • LakeAcres: 14652
  • Exterior: Wood
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: IRREG
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Bought by
Current Estimated Value
$5,943,784

Purchase Details

Closed on
Apr 29, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,675,000
Interest Rate
0.0262%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,250,000 Titlenexus Llc
-- None Available
$1,792,907 --
$1,012,243 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,675,000
Previous Owner $2,000,000
Previous Owner $3,150,000
Previous Owner $3,000,000
Previous Owner $1,000,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2012 04/24/12 Sold $2,300,000 -11.5% $470 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $2,599,900 -- $531 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $95,184 $7,312,900 $4,384,200 $2,928,700
2024 $88,179 $6,981,400 $4,277,300 $2,704,100
2023 $81,944 $6,768,900 $4,330,200 $2,438,700
2022 $61,026 $6,341,000 $3,937,000 $2,404,000
2021 $60,656 $4,358,000 $2,685,000 $1,673,000
2020 $58,226 $4,357,000 $2,685,000 $1,672,000
2019 $60,663 $4,036,000 $2,335,000 $1,701,000
2018 $58,639 $4,187,000 $2,508,000 $1,679,000
2017 $52,915 $3,571,000 $2,073,000 $1,498,000
2016 $54,353 $3,551,000 $2,023,000 $1,528,000
2015 $42,030 $2,691,000 $1,969,000 $722,000
2014 -- $2,291,000 $1,969,000 $322,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    George Stickney

    Coldwell Banker Burnet

  • J

    Buyer's Agent in 2012

    Jennifer Wolff

    Coldwell Banker Burnet

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4117088

REALTOR® Association of Southern Minnesota

APN: 06-117-22-44-0026

Minnesota Hennepin County Wayzata 55391

980 E Shady Ln, Wayzata, MN

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