1640 Locust Hills Pl
Wayzata, MN 55391
3 bd 3 ba 4,537 sqft Built 2012 Lot 12,197 sqft single_family
Most recent sale
$2,980,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 18, 2023 | Sold | $1,741,250 | Public Record |
| Jul 17, 2023 | Sold | $3,482,500 | NorthstarMLS |
| Jul 15, 2022 | Sold | $2,980,000 | MLS #6191080 |
| May 27, 2022 | Relisted | $2,995,000 | MLS #6191080 |
| May 13, 2022 | Listed | $2,995,000 | MLS #6191080 |
| Nov 3, 2015 | Sold | $1,835,000 | MLS #4627144 |
| Jul 24, 2015 | Listed | $1,899,000 | MLS #4627144 |
| Apr 12, 2013 | Sold | $1,553,073 | Public Record |
| Sep 4, 2012 | Sold | $500,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,517,700 | $1,899,000 | $3,416,700 | $42,604 |
| 2024 | $1,361,900 | $1,468,800 | $2,830,700 | $33,675 |
| 2023 | $1,295,000 | $1,035,000 | $2,330,000 | $28,371 |
| 2022 | $1,147,000 | $931,000 | $2,078,000 | $28,455 |
| 2021 | $1,103,000 | $1,153,000 | $2,256,000 | $30,834 |
| 2020 | $1,103,000 | $1,153,000 | $2,256,000 | $28,468 |
| 2019 | $1,074,000 | $942,000 | $2,016,000 | $26,250 |
| 2018 | $1,023,000 | $836,000 | $1,859,000 | $29,278 |
| 2017 | $1,193,000 | $836,000 | $2,029,000 | $22,105 |
| 2016 | $864,000 | $678,000 | $1,542,000 | $20,490 |
| 2015 | $714,000 | $678,000 | $1,392,000 | $20,078 |
| 2014 | $714,000 | $616,000 | $1,330,000 | $12,177 |
| 2013 | $225,000 | $600,000 | $825,000 | $7,898 |
| 2012 | — | $485,000 | $485,000 | $6,281 |
| 2011 | — | $400,000 | $400,000 | $5,958 |
| 2010 | — | $400,000 | $400,000 | $5,512 |
| 2009 | — | $400,000 | $400,000 | $3,236 |
| 2008 | — | $248,000 | $248,000 | $2,105 |
Property facts
Year built
2012
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
4,537 sqft
Lot size
12,197 sqft
ZIP code
55391
City
Wayzata
Street
Locust Hills Pl
Coordinates
44.96266, -93.49255
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$17,880
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1640 Locust Hills Pl last sell?
1640 Locust Hills Pl most recently sold on Jul 15, 2022 for $2,980,000.
What is the current tax assessment for 1640 Locust Hills Pl?
The most recent total assessment for 1640 Locust Hills Pl (year 2025) is $3,416,700 with $42,604 in property tax.
How does 1640 Locust Hills Pl's assessment compare to its last sale price?
The current assessment is 14.7% above the last sale price of $2,980,000.
When was 1640 Locust Hills Pl built?
1640 Locust Hills Pl was built in 2012.
How does 1640 Locust Hills Pl compare to others on Locust Hills Pl?
We do not currently track other properties on Locust Hills Pl.
What are the property facts for 1640 Locust Hills Pl?
1640 Locust Hills Pl is a 3 bed, 3 bath, 4,537 sqft, 12,197 sqft lot single_family.
Is 1640 Locust Hills Pl a flip candidate?
No — 1640 Locust Hills Pl does not appear in our flips dataset.
Is 1640 Locust Hills Pl a tax-appeal candidate?
Yes — 1640 Locust Hills Pl 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 valuationQuarterly 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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Geography