1040 E Circle, Wayzata, MN 55391
OFF MARKET

$1,084,300

Trulia Estimate
  • 8 Beds
  • 6 Baths
  • 3,952 sqft (on 0.30 acres)

1040 E Circle, Wayzata, MN 55391

Est. Refi. Payment $7,067/mo*
Refinance Your Home
Currently Off Market - Sold Aug 26, 2008 for $493,825

Home Value

Trulia Estimate
$1.08M
Since last month
Decreased$4K (-0.3%)
Since last year
Increased$168K (+18.3%)
Since last sale
Increased$590K (+119.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +22% in the last 10 years
MonthEstimated value
2026
September 2026$1.08M
August 2026$1.09M
July 2026$1.01M
June 2026$1.05M
May 2026$1.05M
April 2026$1.12M
March 2026$1.29M
February 2026$1.01M
January 2026$976K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.70
Multi-Family Home
$570,000
06/03/26
6
4
3,120
2.79
Multi-Family Home
$217,112
07/09/26
6
4
4,392
3.71
Multi-Family Home
$375,000
03/04/26
4
4
2,264
3.72
Multi-Family Home
$560,000
05/29/26
4
2
2,266
4.70
Multi-Family Home
$628,000
07/31/26
8
3
3,590
4.61
Multi-Family Home
$670,000
05/15/26
6
4
2,950

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$705,200
4
2
2,701
Off Market
0.03
$1,524,300
4
3
3,666
Off Market
0.07
$1,272,600
2
2
1,215
Off Market
0.02
-
-
-
-
Off Market
0.07
$2,127,200
2
2.5
1,998
Off Market
0.07
$1,297,900
2
2
1,355
Off Market
0.08
$1,585,000
2
2
1,671
Recently Sold
0.07
$1,168,900
2
2
1,232
Off Market
0.07
$1,927,800
3
2.5
1,982
Off Market
0.07
$1,925,000
3
2.5
2,057
Recently Sold
0.03
$1,950,000
3
2.5
3,241
Recently Sold

Local Information

  • Map ViewExplore the area around 1040 E Circle.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1978
0.3 acre lot
3,952 sqft
$274/sqft
2 Car Garage

About this House

Mature setting just steps to DT Wayzata, wonderful living spaces and priced to move! This property has been updated including new kitchens and baths. over 2000sf and 4BR/3BA/2Fplc/2Gar each side. Priced under tax value.
1040 E Circle, Wayzata, MN 55391 is a 8 bedroom, 6 bathroom, 3,952 sqft multi-family built in 1978. It last sold for $493,825 on Aug 26, 2008 (1% below the $499,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,084,300, with a rent estimate of $4,860/month.
Last check for updates: about 4 hours ago
Listed by Paul Cory Peterson, (612) 203-0099
Real Estate Nexus
Bought with: Dana M Rethwisch, (763) 478-8752, Coldwell Banker Burnet
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#1687299

Home Details for 1040 E Circle

Interior Features

Interior Details
Basement: Full,Finished,Walkout
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 6
Dimensions and Layout
Living Area: 3952 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleVegetation: Heavily Wooded
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Asphalt,Attached
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Finished Area
Finished Area (above surface): 2720 Square FeetFinished Area (below surface): 1232 Square Feet

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick, Stucco, Wood
Property Information
Condition: Previously Owned

Price & Status

Price
List Price: $499,000
Status Change & Dates
Off Market Date: Fri Aug 08 2008

Active Status

MLS Status: SOLD

Location

Direction & Address
City: WayzataCommunity: Minnetonka Arlington Heights
School Information
High School District: Waterville-Elysian-Morristown #2143

Lot Information

Lot Area: 0.30 acres

Offer

Listing Terms: Conventional

Business

Expense
Tenant Pays: Electricity, Grounds Care, Snow Removal, Trash Collection, Water, Gas

Miscellaneous

BasementMls Number: 1687299Above Grade Unfinished Area: 2720

Price and Tax history

DateEventPrice
Aug 26, 2008
Source: Lake Superior Area Realtors as distributed by MLS GRID #1687299
Sold
$493,825

Market trends in Wayzata

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
78
6
MoM

What Locals Say about Wayzata

At least 32 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 93 % Say people would walk alone at night

  • 85 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 78 % Say it's quiet

  • 76 % Say there's wildlife

  • 68 % Say kids play outside

  • 58 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to restaurants

  • 53 % Say streets are well-lit

  • 51 % Say there are community events

  • 50 % Say neighbors are friendly

  • 41 % Say it's walkable to grocery stores

  • 36 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • msiglesias
    "Lots of things to do in the summer. The local community also puts on great events. James j Hill day is fun"
  • Gagratson
    "They would like it. Very peaceful, flat and easy walkability. Not a lot of other dogs, but everyone on leash. "
  • Awendo4
    "Great people and well established neighborhoods...close to parks, the lakes, and walking trails. We moved here 4 years ago. "
  • Kevin.bjork
    "Safe. Lots of kids. Great schools. Great parks. Great restaurants near by. Near lake Minnetonka. Narrow roads. Great wildlife. "
  • Quinehan
    "I lived in Wayzata for 8 years and love it Very much! Great schools and easy access to major highways "
  • Jamison K.
    "Top rated schools and beautiful waterfront properties are just the start. Downtown Wayzata properties have great shops and new restaurants within walking distance. Take the children or grandchildren to the depot to watch the toy trains or hang out at the beach park in the summer. There is a wonderful outdoor city rink for ice skating in the winter. Bike trails and public transit are convenient. Wayzata is a great place to be for any family of any ages."
  • Alex D.
    "Excellent neighborhood, schools, entertainment and access to outdoor activities"
  • cubcadetdan
    "Great small town area, borders lake minnetonka, great school system, very long term residents. Many volunteers among residents."
  • Mantoles
    "great area to live in. Very nice neighborhood!!"

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-28 01:22:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1040 E Circle

  • What is 1040 E Circle estimated to be worth?
    Trulia's estimated value for 1040 E Circle in Wayzata, MN is $1,084,300.
  • What is the price history for 1040 E Circle?
    1040 E Circle in Wayzata, MN last sold for $493,825 in August 2008.
  • Is Wayzata a buyer's or seller's market?
    Wayzata is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Wayzata?
    Residents describe Wayzata, MN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Wayzata, MN.
  • Does 1040 E Circle have laundry facilities?
    Yes, 1040 E Circle in Wayzata, MN has in-unit laundry.

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