NOT LISTED FOR SALE

1420 Shoreline Dr Wayzata, MN 55391

Estimated Value: $4,163,414 - $4,514,000

5 Beds
5.5 Baths
7,965 Sq Ft
$538/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $3,999,000 $502 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $27,667/month

78 Days on Market

Highlights

  • 392 Feet of Waterfront
  • Beach Access
  • 83,200 Sq Ft lot
  • Schumann Elementary School Rated A-
  • Multiple Garages
  • Fireplace in Primary Bedroom

About This Home

As of July 2023

Perched on a hilltop setting, this elegant Mediterranean style home offers some of the most stunning panoramic views of Lake Minnetonka. With almost 2 acres, this sought after Orono location has a rare sense of privacy with expansive views of both the Main Lower Lake and 392 feet on Tanagers Bay. Built in 2002 with a complete renovation in 2014/15 this home personifies a sophisticated blend of style and craftsmanship integrity. All of this in Orono Schools, close to biking/walking trails and a short distance to downtown Wayzata.

Last Listed By

Ellen Phelps

Coldwell Banker Realty Brokerage Phone: 612-750-7555 Listed on: 05/08/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,815

Year Built

  • Built in 2002

Lot Details

  • 1.91 Acre Lot
  • 392 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Recreation Room
  • Home Gym

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Beach Access
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 200+ Amp Service
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Dragonfly Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1111723220015

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,815

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 4
  • Water Source: Well
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 5586
  • Water Body Name: Minnetonka
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 612-750-7555
  • Attribution Contact: 612-750-7555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Concrete, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Iron Filter, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Other
  • Living Area: 7965
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2379
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Informal Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Recreation Room, Sitting Room, Exercise Room
  • SqFtTotal: 8230.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Tile
  • View: Bay, East, Lake, Panoramic, South, West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Patio
  • Lake Acres: 14729
  • Lake Bottom: Hard
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 392

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Driveway - Other Surface, Electric Vehicle Charging Station(s), Heated Garage, Insulated Garage, Multiple Garages
  • Garage Square Feet: 951

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Local Area Network,Patio,Panoramic View,Security System,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet,Walk-Up Attic

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 83199.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1111723220015
  • Tax Annual Amount: 43815
  • TaxWithAssessments: 43815.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 25, 2023
Sold by
Feldshon S. and Feldshon Archelle
Bought by
Lai Xiaoying
Seller's Agent
Ellen Phelps
Coldwell Banker Realty
Buyer's Agent
Alla Penkert
Golden Key Realty Inc
List Price
$3,995,000
Sold Price
$3,999,000
Premium/Discount to List
$4,000
0.1%
Total Days on Market
78
Views
36
Current Estimated Value
$4,283,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,805
Avg. Annual Appreciation
4.42%
Original Mortgage
$2,799,300
Outstanding Balance
$2,753,435
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$1,557,965

Purchase Details

Closed on
Mar 25, 2019
Sold by
Duff Andrew S
Bought by
Georgiou Feldshon S and Georgiou Feldshon Archelle

Purchase Details

Closed on
Aug 31, 2001
Sold by
Killian Dennis S
Bought by
Feldshon S David and Feldshon Archelle Georgiou

Purchase Details

Closed on
Nov 1, 1999
Sold by
Sill Steven B
Bought by
Killian Dennis S and Killian Diane D

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
Lai Xiaoying $3,999,000 Burnet Title
Georgiou Feldshon S $500 --
Feldshon S David $850,000 --
Killian Dennis S $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Xiaoying $2,799,300
Previous Owner Feldshon S David $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $3,999,000 0.0% $502 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
05/19/2023 05/19/23 Off Market $3,999,000 -- --
05/08/2023 05/08/23 For Sale $3,995,000 -- $502 / 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 $45,641 $4,075,500 $1,955,000 $2,120,500
2022 $39,651 $3,848,000 $1,775,000 $2,073,000
2021 $39,106 $3,135,000 $1,479,000 $1,656,000
2020 $40,119 $3,103,000 $1,479,000 $1,624,000
2019 $40,577 $3,047,000 $1,340,000 $1,707,000
2018 $39,689 $3,033,000 $1,300,000 $1,733,000
2017 $38,809 $2,815,000 $1,150,000 $1,665,000
2016 $36,229 $2,631,000 $1,150,000 $1,481,000
2015 $35,495 $2,581,000 $1,100,000 $1,481,000
2014 -- $2,692,000 $1,200,000 $1,492,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6328257

NorthstarMLS

APN: 11-117-23-22-0015