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16167 Crosby Cove

16167 Crosby Cove, Wayzata, MN 55391
Property in Minnetonka
Sold Apr 21, 2016
$1,475,000
$1,180,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2046
Sold Sep 15, 2005
$800,000
Local assessors in Wayzata, MN have categorized 16167 Crosby Cove as a residential type of property. The home was built in 2006 and is 18 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 25,265 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 16 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 7 full bathrooms. There are also 7 partial 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 16167 Crosby Cove has a total of 5,377 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 942 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 wood control joints. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source and it is being fueled with electricity. There are 6 fireplaces in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16167 Crosby Cove sold most recently in Apr 18, 2016 for a total of $1,475,000. If you work out the math, that's approximately a cost of $274.32 per sqft. Before that, the property was also sold for $800,000 in Aug 9, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $35,943 in taxes each year. 16167 Crosby Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,561,800. If we break it down further, the land itself was valued at $1,040,700. Improvements to the property, however, were assessed at a total of $1,521,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2015
  • Total Rooms: 16
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Condition: Excellent
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,520
  • Garage Type: Attached
  • Garage Square Area: 942
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Lot Size Depth Feet: 2,320
  • Total Building Area: 5,377
  • Gross Building Area: 6,897
  • Building Area: 5,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 6
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 5,377
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CROSBY COVE
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 004 003 CROSBY COVE NE112X232X112X231

Ownership

  • Current Owner : PATON MICHAEL D
  • Current Owner 2: GRUSSING KATHERINE M
  • Previous Owner : LINHARDT KARLIN A
  • Previous Owner 2: LINHARDT JULIA H
  • Owner Before Previous Owner: JYLAND DISTINCTIVE HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayzata Public School District
  • School Tax School District: WAYZATA
  • Census Tract: 026301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:08396
  • District: 34
  • Parcel: 08-117-22-41-0049
  • Block: 3
  • Lot: 4
  • Meridian: SEC 08 QTR 41 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.9557
  • Longitude: -93.4841

    Address

  • Full Address: 16167 Crosby Cove Rd
  • Address - House Number: 16167
  • Address - Street Name: Crosby Cove
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Wayzata
  • Carrier Code: C001
  • 4-Digit Zip Code: 4528
  • Zip Code: 55391

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,943

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 2,657,601
  • High Value: 3,037,040
  • Low Value: 2,278,161

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,764,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 21, 2016
  • First Open Lien Mortgage Loan Amount: $1,180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2046
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 10, 2019
  • Second Open Lien Mortgage Loan Amount: $584,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Sep 30, 2049

    Market Valuation

  • Market Total Value: $2,561,800
  • Market Land Value: $1,040,700
  • Market Improvement Value: $1,521,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,561,800
  • Assessed Land Value: $1,040,700
  • Assessed Improvements Value: $1,521,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 18, 2016
  • Current Sale Recording Date: Apr 21, 2016
  • Current Sale Transaction ID: 1523780461
  • Current Sale Price: $1,475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A10306354
  • Previous Sale Recording Date: Sep 15, 2005
  • Previous Sale Contract Date: Aug 09, 2005
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 21, 2016
  • First Mortgage Loan Amount: $1,180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

About Plymouth - Wayzata



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 16167 Crosby Cove located in?
The 16167 Crosby Cove is a located in the neighborhood of Minnetonka in Plymouth - Wayzata, Wayzata.
What is the average sales price for listings in 16167 Crosby Cove?
The average sales price for units in 16167 Crosby Cove is $0 currently.

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