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3150 Lake Shore Blvd

Wayzata, MN 55391

5 bd 4 ba 2,834 sqft Built 1955 Lot 36,590 sqft multi_family
Most recent sale
$575,000
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2021 Sold $575,000 MLS #6117670
Oct 22, 2021 Listed $560,000 MLS #6117670
May 18, 2021 Sold $515,000 Public Record
Apr 9, 2021 Sold $515,000 MLS #5712375
Feb 26, 2021 Listed $530,000 MLS #5712375
Aug 1, 2020 Listing removed $499,999 NorthstarMLS
Jun 5, 2020 Listing removed $535,000 NorthstarMLS
May 20, 2020 Price changed $499,999 MLS #5430429
Feb 3, 2020 Listed $525,000 MLS #5430429
Jun 28, 2015 Listing removed $529,900 NorthstarMLS
Jun 12, 2015 Price changed $529,900 MLS #4549477
Apr 15, 2015 Price changed $539,500 MLS #4549477
Jan 19, 2015 Price changed $549,900 MLS #4549477
Dec 15, 2014 Listed $599,900 MLS #4549477
May 3, 1996 Sold $87,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $844,000 $289,300 $1,133,300 $16,498
2024 $817,600 $289,300 $1,106,900 $15,221
2023 $265,500 $289,300 $554,800 $7,090
2022 $192,300 $205,000 $397,300 $5,453
2021 $189,000 $205,000 $394,000 $5,395
2020 $189,000 $205,000 $394,000 $4,684
2019 $116,000 $205,000 $321,000 $4,490
2018 $107,700 $205,000 $312,700 $4,106
2017 $89,300 $195,000 $284,300 $3,778
2016 $73,800 $185,000 $258,800 $3,389
2015 $46,000 $185,000 $231,000 $3,233
2014 $215,967 $3,077
2013 $197,764 $3,020
2012 $199,508 $3,035
2011 $210,844 $3,020
2010 $59,600 $175,000 $234,600 $3,033
2009 $82,000 $175,000 $257,000 $3,133
2008 $101,300 $175,000 $276,300 $3,079
2007 $122,200 $132,700 $254,900 $2,914

Property facts

Year built
1955
Property type
multi_family
Stories
Beds
5
Baths
4
Living area
2,834 sqft
Lot size
36,590 sqft
ZIP code
55391
City
Wayzata
Street
Lake Shore Blvd
Coordinates
44.94462, -93.48914

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,251
Gross rental yield
8.87%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 3150 Lake Shore Blvd last sell?
3150 Lake Shore Blvd most recently sold on Nov 30, 2021 for $575,000.
What is the current tax assessment for 3150 Lake Shore Blvd?
The most recent total assessment for 3150 Lake Shore Blvd (year 2025) is $1,133,300 with $16,498 in property tax.
How does 3150 Lake Shore Blvd's assessment compare to its last sale price?
The current assessment is 97.1% above the last sale price of $575,000.
When was 3150 Lake Shore Blvd built?
3150 Lake Shore Blvd was built in 1955.
How does 3150 Lake Shore Blvd compare to others on Lake Shore Blvd?
We track 6 other properties on Lake Shore Blvd. Browse the list under "Other properties on Lake Shore Blvd" to compare beds, baths, and sale history.
What are the property facts for 3150 Lake Shore Blvd?
3150 Lake Shore Blvd is a 5 bed, 4 bath, 2,834 sqft, 36,590 sqft lot multi_family.
Is 3150 Lake Shore Blvd a flip candidate?
No — 3150 Lake Shore Blvd does not appear in our flips dataset.
Is 3150 Lake Shore Blvd a tax-appeal candidate?
Yes — 3150 Lake Shore Blvd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast

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