See Home Value
$1,490,074*
House - Off Market

398 Margaret Circle

Wayzata, MN 55391
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5228 Sqft
$1,260,000 - $1,538,000
Reference Base Price*
6.51%
Since Nov 1, 2021
MN-Minneapolis
Primary Model
Sold Jun 03, 2021
$1,426,054
$1,140,843 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2051
Sold Aug 12, 2020
$350,000
$802,000 by Renovo Capital Llc
Mortgage

About This Property

This remarkable corner lot in the Wayzata school district overlooks a gorgeous tree-lined open space and neighborhood park. Custom build by Alliance Builders. Some selections are still available. Unmatchable quality and attention to details.  Easy access to highway and just walk away from downtown of Wayzata. It is high demand established neighborhood full of beautiful homes.

The manager has listed the unit size as 5228 square feet.
Unit Size
5,228Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$268
Property Type
House
Property Taxes
$2,622
HOA Dues
-
Year Built
2020

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 3, 2021 Sold to Kevin S Kimm $1,426,050
Sold to Kevin S Kimm
Dec 9, 2020 In contract -
In contract
Dec 1, 2020 Listed $1,399,000
Listed
Aug 12, 2020 Sold $350,000
Sold

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,335
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 3,799
  • Gross Building Area: 5,134
  • Building Area: 3,799
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Space/suspended
  • Heated Square Feet: 3,799
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAZENDINS ADDN TO WAYZATA
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 012 003 FAZENDINS ADDN TO WAYZATA 120X150

Ownership

  • Current Owner : KIMM KEVIN S
  • Previous Owner : CASPIAN PARTNERS LLC
  • Owner Before Previous Owner: RENOVO PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayzata Public School District
  • School Tax School District: WAYZATA
  • Census Tract: 027300

Geography

  • Assessors Map Reference: MB:65295
  • District: 99
  • Parcel: 31-118-22-33-0012
  • Block: 3
  • Lot: 12
  • Meridian: SEC 31 QTR 33 TWN 118 RNG 22
  • Municipality: WAYZATA
  • Latitude: 44.9805
  • Longitude: -93.5178

    Address

  • Full Address: 398 Margaret Cir
  • Address - House Number: 398
  • Address - Street Name: Margaret
  • Address - Suffix Type: Cir
  • State: MN
  • City Name: Wayzata
  • Carrier Code: C018
  • 4-Digit Zip Code: 1060
  • Zip Code: 55391

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,984

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 1,530,723
  • High Value: 1,749,273
  • Low Value: 1,312,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,140,843
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $1,140,843
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $1,360,000
  • Market Land Value: $277,000
  • Market Improvement Value: $1,083,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,360,000
  • Assessed Land Value: $277,000
  • Assessed Improvements Value: $1,083,000

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11840550354
  • Current Sale Price: $1,426,054
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T05842533
  • Previous Sale Recording Date: Aug 12, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $1,140,843
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RENOVO CAPITAL LLC
  • Previous Mortgage Transaction Date: Aug 12, 2020
  • Previous Mortgage Loan Amount: $802,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
1 Bed
0.5 Bath
1,300 ft²
$962/ft²
$1,250,000 Jun 8, 2023
-
$958/mo

About Plymouth - Wayzata


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Nearby Rentals

Unit for rent at 253 Lake Street E, Wayzata, MN, 55391

$7,008 /mo

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  • 1.5 Baths
  • 2,336 ft²
253 Lake Street E #201, Wayzata, MN, 55391 Listing by Dan Hollerman
Unit for rent at 222 Ferndale Road S, Wayzata, MN, 55391

$8,765 /mo

  • 2 Beds
  • 2.5 Baths
  • 2,600 ft²
222 Ferndale Road S #205, Wayzata, MN, 55391 Listing by Elizabeth C Ulrich


Frequently Asked Questions

When was property at 398 Margaret Circle built and last sold?
The property at 398 Margaret Circle was built in 2020 and last sold on May 4, 2021 for $1,426,054.
How much is this home worth?
The estimated value of the home located at 398 Margaret Circle is $1,415,176.
What are some comparable homes to 398 Margaret Circle?
There are currently no comparable homes to 398 Margaret Circle.

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