240 Minnetonka Ave S Unit 304 in Wayzata sells for $3.05 million

The condominium sold for $3,048,750, 15% above its recorded market value. The Assessor's records list that value as $2,653,100.

The sale was at 240 Minnetonka Ave S Unit 304 in Wayzata on September 24, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.

The record lists Cynthia Holtz and Lawrence C. Holtz as the seller, and Thomas L. Lundell and Mary Louise Lundell as the buyer.

An aerial photo shows shops and offices around the property. Assessor's records show a build year of 2016. The last sale before this one on record was $2,900,000 in 2026.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $10,365.75 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $6,310.31 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $2,871,290. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $660,346 at closing. That covers the down payment and closing costs.

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