K
Seller's Agent in 2022
Karolina Kasbi
Real Estate Masters, Ltd.
(952) 451-2059
3 Total Sales
2515 Cedar Point Dr Wayzata, MN 55391
Estimated Value: $2,545,000 - $10,082,000
5
Beds
7.5
Baths
8,842
Sq Ft
$823/Sq Ft
Est. Value
Highlights
- 246 Feet of Waterfront
- Guest House
- Lake View
- Groveland Elementary School Rated A
- Guest Suite with Kitchen
- Living Room with Fireplace
About This Home
As of June 2022Exceptional Wayzata Bay Lakefront custom built home in highly desirable Woodland location. Iconic setting on over 2 acres of perfectly blended natural and landscaped grounds. Classic Craftsmanship with a Coastal Flair perfect for entertaining inside and out. Expansive floor to ceiling windows and door and open living concept frame the picturesque scenery and panoramic lake views from nearly every room. Thoughtfully designed with multi generational living in mind, the home features an attached Guest House with full kitchen, separate entrance, screened porch, two car garage and flex space above for long or short term guests. Beautifully landscaped mature perennial gardens and level lush lawn perfect for lakeside backyard games, featuring over 240ft of private sandy beach and partial riprap shoreline. Oversized 6 car garage for additional vehicles and storage for lake toys. Enjoy the Lake Minnetonka lifestyle at it's finest all within close proximity to downtown Wayzata!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $100,743
Year Built
- Built in 2014
Lot Details
- 2.01 Acre Lot
- 246 Feet of Waterfront
- Lake Front
- Property has an invisible fence for dogs
- Irregular Lot
HOA Fees
- $13 Monthly HOA Fees
Parking
- 6 Car Attached Garage
- Heated Garage
Home Design
- Insulated Concrete Forms
- Shake Siding
Interior Spaces
- 8,842 Sq Ft Home
- 2-Story Property
- Stone Fireplace
- Family Room
- Living Room with Fireplace
- 3 Fireplaces
- Bonus Room
- Game Room
- Lake Views
Kitchen
- Built-In Oven
- Range
- Microwave
- Freezer
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Guest Suite with Kitchen
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Sump Pump
- Drain
- Crawl Space
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Iron Water Filter
- Water Filtration System
- Well
- Cable TV Available
Additional Features
- Air Exchanger
- Guest House
Community Details
- Association fees include security, shared amenities
- Maplewoods Association, Phone Number (612) 396-0474
Listing and Financial Details
- Assessor Parcel Number 0711722310033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2013
Closed on
Mar 14, 2014
Sold by
Kasbi Gail D
Bought by
The Gail Danae Kasbi Amended & Restated
List Price
$3,495,000
Sold Price
$2,050,000
Premium/Discount to List
-$1,445,000
-41.34%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,222,914
Avg. Annual Appreciation
12.06%
Purchase Details
Listed on
Jan 24, 2013
Closed on
Mar 7, 2014
Sold by
Morrison John L
Bought by
Kasbi Gail D
List Price
$3,495,000
Sold Price
$2,050,000
Premium/Discount to List
-$1,445,000
-41.34%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Gail Danae Kasbi Amended & Restated | -- | Old Masters Title | |
| Kasbi Gail D | $2,050,000 | Guaranty Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Revocab Shannon M Connors 2016 | $6,500,000 | |
| Closed | Amended Gail Danae Kasbi | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2022 06/23/22 | Sold | $8,715,000 | -3.1% | $986 / Sq Ft |
| 05/20/2022 05/20/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $8,995,000 | +338.8% | $1,017 / Sq Ft |
| 03/10/2014 03/10/14 | Sold | $2,050,000 | -41.3% | -- |
| 03/09/2014 03/09/14 | Pending | -- | -- | -- |
| 01/24/2013 01/24/13 | For Sale | $3,495,000 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $100,743 | $8,757,300 | $3,868,200 | $4,889,100 |
| 2022 | $67,755 | $6,786,000 | $3,522,000 | $3,264,000 |
| 2021 | $66,985 | $5,293,000 | $2,897,000 | $2,396,000 |
| 2020 | $66,002 | $5,208,000 | $2,840,000 | $2,368,000 |
| 2019 | $68,299 | $4,892,000 | $2,570,000 | $2,322,000 |
| 2018 | $64,768 | $5,019,000 | $2,313,000 | $2,706,000 |
| 2017 | $62,295 | $4,526,000 | $2,313,000 | $2,213,000 |
| 2016 | $31,861 | $2,310,000 | $2,210,000 | $100,000 |
| 2015 | $33,366 | $2,310,000 | $2,310,000 | $0 |
| 2014 | -- | $2,210,000 | $2,210,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karolina Kasbi
-
Molly Cardinal
Buyer's Agent in 2022
Molly Cardinal
Compass
(952) 239-5232
49 Total Sales
Map
Similar Homes in Wayzata, MN
Source: NorthstarMLS
MLS Number: 6199855
APN: 07-117-22-31-0033
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