520 Indian Mound E Unit 4-A in Wayzata sells for $3.8 million

The condominium at 520 Indian Mound E Unit 4-A in Wayzata sold for $3,800,000 on September 22, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.

An aerial photo shows the parcel steps from a lake.

The record lists Wayzata Place LLC as the seller and Mary B. Werbalowsky and Jeffrey I. Werbalowsky as the buyer.

Assessor's records show a build year of 1979 and a market value of $2,959,300. The sale price is 28% above that value. The last sale on record was $930,000 in 2008, making this price 4.1 times that amount. Listing data shows 2 bedrooms and 2 bathrooms.

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 $12,920 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $7,625 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 $3,579,390. 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 $823,734 at closing. That covers the down payment and closing costs.

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