875 Lake St
Wayzata, MN 55391
1 bd 1 ba 1,053 sqft Built 2015 condos
Most recent sale
$690,000
Aug 2, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2024 | Listed | $825,000 | NorthstarMLS |
| May 18, 2022 | Listed | $775,000 | MLS #6197735 |
| Aug 2, 2021 | Sold | $690,000 | MLS #5750230 |
| May 20, 2021 | Relisted | $650,000 | MLS #5750230 |
| May 12, 2021 | Listing removed | $650,000 | NorthstarMLS |
| May 10, 2021 | Listed | $650,000 | MLS #5750230 |
| Oct 11, 2019 | Listing removed | $3,500 | NorthstarMLS |
| Jun 26, 2019 | Sold | $500,000 | MLS #5199357 |
| Mar 14, 2019 | Listing removed | $649,900 | NorthstarMLS |
| Mar 14, 2019 | Listed | $600,000 | MLS #5199357 |
| Oct 3, 2018 | Listed | $649,900 | MLS #5008240 |
| May 10, 2014 | Listing removed | $530,000 | NorthstarMLS |
| Nov 19, 2013 | Relisted | $530,000 | MLS #4388337 |
| Nov 9, 2013 | Listing removed | $530,000 | NorthstarMLS |
| Sep 25, 2013 | Price changed | $530,000 | MLS #4388337 |
| Jul 9, 2013 | Listed | $515,000 | MLS #4388337 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $395,700 | $388,600 | $784,300 | $8,949 |
| 2024 | $438,700 | $329,400 | $768,100 | $8,394 |
| 2023 | $421,000 | $192,000 | $613,000 | $6,672 |
| 2022 | $368,000 | $192,000 | $560,000 | $6,523 |
| 2021 | $363,000 | $195,000 | $558,000 | $6,350 |
| 2020 | $427,000 | $210,000 | $637,000 | $7,740 |
| 2019 | $390,000 | $146,000 | $536,000 | $6,364 |
| 2018 | $390,000 | $146,000 | $536,000 | $6,525 |
| 2017 | $390,000 | $146,000 | $536,000 | $6,751 |
Property facts
Year built
2015
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
1,053 sqft
Lot size
—
ZIP code
55391
City
Wayzata
Street
Lake St
Coordinates
44.96880, -93.50608
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 875 Lake St last sell?
875 Lake St most recently sold on Aug 2, 2021 for $690,000.
What is the current tax assessment for 875 Lake St?
The most recent total assessment for 875 Lake St (year 2025) is $784,300 with $8,949 in property tax.
How does 875 Lake St's assessment compare to its last sale price?
The current assessment is 13.7% above the last sale price of $690,000.
When was 875 Lake St built?
875 Lake St was built in 2015.
How does 875 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 875 Lake St?
875 Lake St is a 1 bed, 1 bath, 1,053 sqft condos.
Is 875 Lake St a flip candidate?
No — 875 Lake St does not appear in our flips dataset.
Is 875 Lake St a tax-appeal candidate?
No — 875 Lake St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake St