8 days on rocket

124 Chicago Ave N, Wayzata, MN, 55391

$2,175,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,909 SqFt
$556/SqFt
House

Location

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124 Chicago Ave N, Wayzata$2,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas, Living Room
MLS #6619030
StatusActive

About 124 Chicago Ave N

**Ready for occupancy immediately** Regency Homes proudly presents this new construction custom home in the heart of Wayzata. Featuring custom cabinets, built-ins, and hardwood floors, attention to the architectural and design elements is on point with today's trends. Main level offers open concept floor plan with box beamed ceilings. Kitchen highlights include large center island with breakfast counter and a walk-through butler's pantry conveniently tucked off the back. Private primary suite on the upper level features heated floors, dual sinks, separate shower and large soaker tub. Three additional bedrooms, a full bath, and laundry room round out the upper level. Casual gathering space offered in the finished lower level includes a walk-up wet bar. The home's fifth bedroom is located on this level, along with a dedicated exercise room. Attached, heated, epoxy floor two car garage. The home's ideal location provides easy walking to all the exciting shops and restaurants offered throughout the charming lakeside town of Wayzata, plus parks, trails, and Lake Minnetonka.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 3,909 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Family Room, Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wayzata High School, Public District Grades 9-12
  • Wayzata West Middle School, Public District Grades 6-8
  • Gleason Lake Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Wayzata Boulevard, north on Chicago to build site.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,175,000
  • Price Per SqFt: $556/SqFt

Tax Information:

  • Annual Amount: $5,200
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wayzata, MN.

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Wayzata, MN

City

Med. Sold Price

$969.1K

Med. Price/SqFt

$326

Avg. Days On Market

46

# of Sold Homes

26

124 Chicago Ave N vs Wayzata

8 DAYS ON ROCKET

-38 Days

$2,175,000

+$1.2M More

$556/SqFt

+$230 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $230/SqFt more than other homes in Wayzata, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6619030

Listing Office:

  • Office Name: Compass

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Last updated on: 11/5/2024, 3:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2021Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,200$440,000
2019$5,000$407,480
2018$4,665$378,050
2017$4,355$346,440

History based on county public records data.

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$10.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,587

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2104458
7
/10

  • Gleason Lake Elementary School

  • 310 County Road 101 N

  • 0.69 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2104459
8
/10

  • Wayzata West Middle School

  • 149 Barry Ave N

  • 0.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2104460
10
/10

  • Wayzata High School

  • 4955 Peony Ln N

  • 5.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,905. The most common annual income of people living in Wayzata, MN is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 124 Chicago Ave N

What is the listing price of this property?

The listing price of 124 Chicago Ave N property is $2,175,000.

What type of property is this?

The property 124 Chicago Ave N is a house located in Wayzata, Minnesota, 55391.

Is this property for sale now?

Active Listing: 124 Chicago Ave N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 124 Chicago Ave N are:
Gleason Lake Elementary School: GreatSchools Rating 7/10
Wayzata West Middle School: GreatSchools Rating 8/10
Wayzata High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,200 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 2021 for $450,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 124 Chicago Ave N has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 124 Chicago Ave N is 3,909 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 124 Chicago Ave N is 2024.

Rocket Homes›Minnesota›Hennepin County›Wayzata›55391›124 Chicago Ave N

This home is located at 124 Chicago Ave N in Wayzata, MN and zip code 55391. This 3,909 square foot home was built in 2024. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $2,175,000.

While more than 6 listings in Wayzata, MN in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 14 were sold below. The inventory of homes for sale in Wayzata, MN between September 2024 and October 2024 increased by 10.9%. Listings spent 46 days on the market in October 2024, and had a median list price of $969,166 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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