1045 Lake Street East

Local assessors in Wayzata, MN have categorized 1045 Lake Street East as a residential type of property. The home was built in 1907 and is 117 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 9,148 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1045 Lake Street East has a total of 1,900 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 801 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gambrel style roof that was made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. Residents rely on air conditioning for their cooling system. The home's electric heaters is the primary heating source. The property was last sold in Feb 22, 2021 for $749,000. That's $394.21 per sqft. Prior to that sales transaction, the property was also sold in Feb 28, 2018 for $489,000. 1045 Lake Street East was last assessed in 2020. The total value of the property was assessed at $524,000. Specifically, the land the property is located on was valued at $254,000. While improvements on the property were assessed at a total of $270,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,250. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.