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875 Lake St

Wayzata, MN 55391

Built 2015 Lot 71,010 sqft condo
Most recent sale
$2,500,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2022 Sold $2,500,000 Public Record
Jun 15, 2022 Sold $2,500,000 MLS #6165194
Apr 19, 2022 Listed $2,600,000 MLS #6165194
Jan 18, 2019 Sold $1,500,000 MLS #4950043
Dec 13, 2018 Sold $1,599,000 MLS #4950043
Oct 22, 2018 Listing removed $1,950,000 NorthstarMLS
Oct 15, 2018 Listing removed $1,950,000 GreaterLakes
Aug 30, 2018 Price changed $1,599,000 MLS #4950043
Jul 24, 2018 Price changed $1,699,000 MLS #4950043
Jun 21, 2018 Price changed $1,799,900 MLS #4950043
May 24, 2018 Listed $1,849,000 MLS #4950043
May 8, 2018 Listed $1,849,000 MLS #4950043
May 7, 2018 Listing removed $1,950,000 NorthstarMLS
Mar 12, 2018 Price changed $1,950,000 MLS #4864281
Sep 5, 2017 Price changed $2,000,000 MLS #4864281
Aug 10, 2017 Listed $2,200,000 MLS #4864281

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,780,100 $1,010,400 $2,790,500 $34,598
2024 $1,849,600 $878,400 $2,728,000 $32,416
2023 $1,271,000 $511,000 $1,782,000 $21,445
2022 $1,101,000 $511,000 $1,612,000 $21,797
2021 $1,016,000 $468,000 $1,484,000 $19,876
2020 $980,000 $420,000 $1,400,000 $19,392
2019 $1,312,000 $438,000 $1,750,000 $24,638
2018 $1,312,000 $438,000 $1,750,000 $25,078
2017 $1,312,000 $438,000 $1,750,000 $25,263

Property facts

Year built
2015
Property type
condo
Stories
Beds
Baths
Living area
Lot size
71,010 sqft
ZIP code
55391
City
Wayzata
Street
Lake St
Coordinates
44.96880, -93.50608

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 875 Lake St last sell?
875 Lake St most recently sold on Jun 15, 2022 for $2,500,000.
What is the current tax assessment for 875 Lake St?
The most recent total assessment for 875 Lake St (year 2025) is $2,790,500 with $34,598 in property tax.
How does 875 Lake St's assessment compare to its last sale price?
The current assessment is 11.6% above the last sale price of $2,500,000.
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 71,010 sqft lot condo.
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 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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