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3116 Groveland School Road

3116 Groveland School Road, Wayzata, MN 55391
Property in Minnetonka
Sold Mar 04, 2022
$1,100,000
$500,000 by Prosperity Home Mortgage Llc
Mortgage Due Mar 01, 2052
Sold Feb 22, 2022
$1,100,000
3116 Groveland School Road in Wayzata, MN was first built in 2000 and is 24 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 3116 Groveland School Road has 3,413 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,310 ft and the linear feet between the front and back of the lot is 3,090. In total, the area measurement of the land is 40,511 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 1,356 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3116 Groveland School Road was last sold in Feb 22, 2022 for $1,100,000. According to our calculations, that's $322.30 per sqft. Prior to that sales transaction, the property was sold for $1,100,000 in Feb 22, 2022. Current property owners are expected to pay $12,383 in taxes per year. The property on 3116 Groveland School Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $864,100. To break that down further, the land itself was valued at $225,500. While improvements to the property were assessed at a total of $638,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,123
  • Garage Type: Attached
  • Garage Square Area: 1,356
  • Parking Space Count: 5
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 40,511
  • Lot Size Depth Feet: 3,090
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 3,413
  • Gross Building Area: 4,536
  • Building Area: 3,413
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 3,413
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE HERZOG DEEPHAVEN ACRES
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 032 THE HERZOG DEEPHAVEN ACRES N 131 FT 131 X 309.3

Ownership

  • Current Owner : MOWE HARDY JW
  • Current Owner 2: MOWE KARLA V
  • Previous Owner : SEAN M OCONNELL LIVING TRUST
  • Owner Before Previous Owner: OCONNEL SEAN
  • Owner Before Previous Owner 2: OCONNELL BELINDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Minnetonka Public School District
  • School Tax School District: MINNETONKA
  • Census Tract: 026302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MB:80920
  • District: 34
  • Parcel: 17-117-22-23-0023
  • Lot: 32
  • Meridian: SEC 17 QTR 23 TWN 117 RNG 22
  • Municipality: MINNETONKA
  • Latitude: 44.9455
  • Longitude: -93.5001

    Address

  • Full Address: 3116 Groveland School Rd
  • Address - House Number: 3116
  • Address - Street Name: Groveland School
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Wayzata
  • Carrier Code: C020
  • 4-Digit Zip Code: 2818
  • Zip Code: 55391

Valuation

    Tax

  • Total Area: 3,413
  • Tax Year: 2023
  • Tax Amount: $12,383

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,031,129
  • High Value: 1,178,349
  • Low Value: 883,909

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 04, 2022
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $864,100
  • Market Land Value: $225,500
  • Market Improvement Value: $638,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $864,100
  • Assessed Land Value: $225,500
  • Assessed Improvements Value: $638,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Transaction ID: 11882707885
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11083961
  • Previous Sale Recording Date: Feb 22, 2022
  • Previous Sale Contract Date: Feb 22, 2022
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 04, 2022
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Transaction Date: Feb 22, 2022
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Loan Type: New Conventional

About Minnetonka



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 3116 Groveland School Road located in?
The 3116 Groveland School Road is a located in the neighborhood of Minnetonka in Minnetonka, Wayzata.
What is the average sales price for listings in 3116 Groveland School Road?
The average sales price for units in 3116 Groveland School Road is $0 currently.

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