1 month on rocket

365 Lake St W, Wayzata, MN, 55391

$1,295,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
3,125 SqFt
$414/SqFt
Townhouse

Location

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365 Lake St W, Wayzata$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached Garage, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage
Attached Garage2 spaces
Year Built1996
HeatingForced Air, Radiant Floor
CoolingCentral Air
BasementYes
FireplaceBrick, Gas, Living Room, Other, Stone
MLS #6575009
StatusActive

About 365 Lake St W

Rare townhome in the heart of Wayzata. Main floor living with open floor plan, hardwood floors and enameled millwork. Center-island kitchen, living room with fireplace, sunroom and main floor den. Step out to the deck from the sunroom or primary suite and enjoy the private wooded backyard. Additional bedroom, third bedroom/flex space with fireplace, full bath and large storage area on second level. Many recent improvements including ADA primary bath. Quiet, residential enclave at the end of Lake Street. Walk to restaurants, shopping, beach and the Dakota trail.

Property Details

Property Features

Property Information:

  • Year Built: 1996
  • Living Area: 3,125 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Indoor Grill, Microwave, Refrigerator, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Brick, Gas, Living Room, Other, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant Floor
  • 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: Lake Street to very west end of the townhouse community

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $414/SqFt

HOA Fees:

  • Amount: $1500
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $11,233
  • 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

$976K

Med. Price/SqFt

$328

Avg. Days On Market

52

# of Sold Homes

28

365 Lake St W vs Wayzata

45 DAYS ON ROCKET

-7 Days

$1,295,000

+$319K More

$414/SqFt

+$86 More

KEY TAKEAWAY

This property is $319K more than the Median Sold Price and $86/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: #6575009

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 9/7/2024, 7:22:48 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 10, 2016Home Sold
$692,500
Oct 15, 2014Home Sold
$740,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,233$875,000
2019$10,156$773,000
2018$9,175$704,000
2017$9,336$704,000

History based on county public records data.

Payment Calculator

$7,031

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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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-1084651
7
/10

  • Gleason Lake Elementary School

  • 310 County Road 101 N

  • 1.40 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1084652
8
/10

  • Wayzata West Middle School

  • 149 Barry Ave N

  • 0.48 miles

  • Public District Grades 6-8

High School

school-card-donut-1084653
10
/10

  • Wayzata High School

  • 4955 Peony Ln N

  • 5.12 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 $113,362. Residents of Wayzata, MN typically earn $200k+ each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 365 Lake St W

What is the listing price of this property?

The listing price of 365 Lake St W property is $1,295,000.

What type of property is this?

The property 365 Lake St W is a townhouse located in Wayzata, Minnesota, 55391.

Is this property for sale now?

Active Listing: 365 Lake St W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 365 Lake St W 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 $11,233 (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 10, 2016 for $692,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 365 Lake St W has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 365 Lake St W is 3,125 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 365 Lake St W is 1996.

Rocket Homes›Minnesota›Hennepin County›Wayzata›55391›365 Lake St W

This home is located at 365 Lake St W in Wayzata, MN and zip code 55391 in the Westlake neighborhood. This 3,125 square foot home was built in 1996. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $1,295,000.

In August 2024 more than 4 listings in Wayzata, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 22 were sold below. The median list price of listings available in August 2024 was $976,000, while the average time on the real estate market was 52 days.

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

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