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625 Locust Hills Dr

Wayzata, MN 55391

3 bd 4 ba 4,973 sqft Built 2007 Lot 9,583 sqft single_family
Most recent sale
$2,575,000
Feb 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Listed $2,795,000 MLS #6107210
Feb 1, 2022 Sold $2,575,000 MLS #6107210
Sep 30, 2021 Listed $2,795,000 MLS #6107210
Sep 30, 2021 Listing removed $2,999,000 NorthstarMLS
Jul 5, 2021 Listed $2,999,000 MLS #6020143
Jul 1, 2021 Listing removed $2,999,000 NorthstarMLS
Feb 4, 2021 Listed $2,999,000 MLS #5705655
Feb 6, 2019 Listing removed $2,495,000 NorthstarMLS
Sep 9, 2017 Sold $2,150,000 MLS #4847421
Jun 27, 2017 Listing removed $2,495,000 NorthstarMLS
Jun 26, 2017 Listed $2,495,000 MLS #4847421
Jun 22, 2017 Relisted $2,495,000 MLS #4714970
Jun 19, 2017 Listing removed $2,495,000 NorthstarMLS
Feb 11, 2017 Price changed $2,495,000 MLS #4714970
Aug 26, 2016 Price changed $2,995,000 MLS #4714970
May 13, 2016 Listed $3,595,000 MLS #4714970
Oct 3, 2007 Sold $1,140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,317,900 $2,321,000 $3,638,900 $45,444
2024 $1,307,400 $1,795,200 $3,102,600 $37,008
2023 $722,000 $1,323,000 $2,045,000 $24,770
2022 $533,000 $1,248,000 $1,781,000 $24,212
2021 $650,000 $1,650,000 $2,300,000 $31,458
2020 $650,000 $1,650,000 $2,300,000 $31,031
2019 $756,000 $1,434,000 $2,190,000 $30,093
2018 $846,000 $1,273,000 $2,119,000 $34,605
2017 $1,110,000 $1,273,000 $2,383,000 $29,683
2016 $1,009,000 $1,032,000 $2,041,000 $29,148
2015 $912,000 $1,032,000 $1,944,000 $28,110
2014 $890,000 $938,000 $1,828,000 $27,843
2013 $866,000 $910,000 $1,776,000 $27,514
2012 $866,000 $910,000 $1,776,000 $26,824
2011 $885,000 $910,000 $1,795,000 $25,443
2010 $885,000 $910,000 $1,795,000 $25,367
2009 $959,000 $969,000 $1,928,000 $10,856
2008 $5,000 $912,000 $917,000 $3,369

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
4,973 sqft
Lot size
9,583 sqft
ZIP code
55391
City
Wayzata
Street
Locust Hills Dr
Coordinates
44.95946, -93.49424

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$15,450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 625 Locust Hills Dr last sell?
625 Locust Hills Dr most recently sold on Feb 1, 2022 for $2,575,000.
What is the current tax assessment for 625 Locust Hills Dr?
The most recent total assessment for 625 Locust Hills Dr (year 2025) is $3,638,900 with $45,444 in property tax.
How does 625 Locust Hills Dr's assessment compare to its last sale price?
The current assessment is 41.3% above the last sale price of $2,575,000.
When was 625 Locust Hills Dr built?
625 Locust Hills Dr was built in 2007.
How does 625 Locust Hills Dr compare to others on Locust Hills Dr?
We track 2 other properties on Locust Hills Dr. Browse the list under "Other properties on Locust Hills Dr" to compare beds, baths, and sale history.
What are the property facts for 625 Locust Hills Dr?
625 Locust Hills Dr is a 3 bed, 4 bath, 4,973 sqft, 9,583 sqft lot single_family.
Is 625 Locust Hills Dr a flip candidate?
No — 625 Locust Hills Dr does not appear in our flips dataset.
Is 625 Locust Hills Dr a tax-appeal candidate?
Yes — 625 Locust Hills Dr 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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