NOT LISTED FOR SALE

425 Ferndale Woods Rd Wayzata, MN 55391

Wayzata Neighborhood

Estimated Value: $2,046,454 - $2,226,000

3.77 Acres
$566,638 Price per Acre
164,221 Sq Ft Lot

Last Sold July 14, 2023

Last sale price $1,995,000 $602 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,563/month

141 Days on Market

Highlights

  • Lake Front
  • Home fronts a creek
  • No HOA
  • Gleason Lake Elementary School Rated A

About This Lot

As of July 2023

Exceptional property off the Gold Coast in Wayzata, 3.77 acre private estate, off Ferndale Rd! Walking distance to downtown Wayzata, this lot is ready for a new build. Home torn down mid September and concrete pool will stay to potentially be incorporated into future plans. Mature trees, natural wildlife, lush landscaping, wetlands and complete privacy in all seasons. Survey and home renderings for this lot available. Ask about build package or lot sold alone. Don't miss this rare opportunity in one of the best locations to add quality to life.

Last Listed By

Amy Hendel

Coldwell Banker Realty Brokerage Phone: 612-414-7725 Listed on: 01/11/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,395

Year Built

  • 1979

Lot Details

  • Lot Dimensions are 717x273x717x296
  • Home fronts a creek
  • Home fronts a pond
  • Lake Front

Community Details

  • No Home Owners Association
  • Ferndale Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0111723340018

Property Details

Property Type

Land

Est. Annual Taxes

$35,395

Year Built

1979

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • Water Body Name: Minnetonka
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets
  • Attribution Contact: 612-414-7725
  • Attribution Contact: 612-414-7725
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1979

Interior Features

  • Inclusions: Survey

Exterior Features

  • View: Bay
  • Lake Acres: 14729
  • LakeChain: N

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Phone Connected, Underground Utilities Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Underground Utilities Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • Topography: Rolling,Sloped,Walkout
  • Waterfront YN: Yes
  • Lot Size: 717x273x717x296
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0111723340018
  • Tax Annual Amount: 35395
  • TaxWithAssessments: 35395.0000

Multi Family

  • WaterfrontFeatures: Creek/Stream, Lake Front, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Jul 7, 2023
Sold by
Richard Thomas Demeules Revocable Trust
Bought by
Bentdahl Craig and Simon Stephanie
Seller's Agent
Amy Hendel
Coldwell Banker Realty
Buyer's Agent
Ellen DeHaven
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$1,995,000
Total Days on Market
141
Views
120
Current Estimated Value
$2,136,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,227
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Feb 10, 2022
Sold by
Luther Bodin Robert and Lee Lynda
Bought by
Richard Thomas Demeules Revocable Trust

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
Bentdahl Craig $1,995,000 Burnet Title
Bentdahl Craig $1,995,000 Burnet Title
Richard Thomas Demeules Revocable Trust $2,150,000 New Title Company Name
Richard Thomas Demeules Revocable Trust -- Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bodin Robert Luther $0
Previous Owner Bodin Robert Luther $800,000
Previous Owner Bodin Robert Luther $700,000
Previous Owner Bodin Robert Luther $350,000
Previous Owner Bodin Robert Luther $1,776,000
Previous Owner Bodin Dr Robert L $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $1,995,000 0.0% $602 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $1,995,000 -7.2% $602 / Sq Ft
04/15/2022 04/15/22 Sold $2,150,000 -10.2% $221 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
06/08/2021 06/08/21 For Sale $2,395,000 -- $246 / 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 $19,677 $1,605,400 $1,543,100 $62,300
2022 $35,395 $2,149,000 $1,170,000 $979,000
2021 $31,704 $2,573,000 $1,197,000 $1,376,000
2020 $32,182 $2,364,000 $998,000 $1,366,000
2019 $30,188 $2,315,000 $964,000 $1,351,000
2018 $31,108 $2,145,000 $805,000 $1,340,000
2017 $32,177 $2,155,000 $805,000 $1,350,000
2016 $32,075 $2,102,000 $791,000 $1,311,000
2015 $24,951 $1,623,000 $745,000 $878,000
2014 -- $1,484,000 $632,000 $852,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6322521

NorthstarMLS

APN: 01-117-23-34-0018