NOT LISTED FOR SALE

1051 Homestead Ln Chanhassen, MN 55317

Estimated Value: $716,000 - $760,000

4 Beds
3.5 Baths
3,577 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $432,500 $121 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,459/month

45 Days on Market

Highlights

  • 2.5 Acre Lot
  • Deck
  • Formal Dining Room
  • Bluff Creek Elementary Rated A-
  • Wood Flooring
  • Fireplace

About This Home

As of August 2014

Contemporary 2-Story on 2.5 Acres in desirable Chanhassen. Natural Woodwork, Hardwood Floors, Granite Countertops, SS Appliances, Open Foyer, Walkout LL, 12' Ceilings in Family Room, Sun Room, LL wet bar, spacious deck, and much more!

Last Agent to Sell the Property

Cynthia Hanson Welu

RE/MAX Advantage Plus Listed on: 05/30/2014

Co-Listed By

Joseph Welu

RE/MAX Advantage Plus

Last Buyer's Agent

Diane Bloem

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1986

Lot Details

  • 2.5 Acre Lot
  • Irregular Lot
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 256100130

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,056

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 2.5
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1336
  • Mechanicals: Central Vacuum, Electronic Air Filter
  • Parcel Number: 256100130
  • Stories: 2 Story
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 15x19, On Level: Main
  • Room 2: Dining Room, 12x9, On Level: Main
  • Room 3: Family Room, 13x17, On Level: Main
  • Room 4: Kitchen, 11x13, On Level: Main
  • Room 5: Bedroom, 15x13, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 12x11, On Level: Upper
  • Room 8: Bedroom, 13x10, On Level: Lower
  • Room 9: Dining Room, 10x14, On Level: Main
  • Room 10: Porch, 15x11, On Level: Main
  • Room 11: Deck, 14x12, On Level: Main
  • Room 12: Sunroom/Solarium, 18x11, On Level: Main
  • Room 13: Other, 18x11, On Level: Lower
  • Room 14: Deck, 14x12, On Level: Main
  • Basement Features: Drainage System, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2433
  • Below Grade Finished Sq Ft: 1144
  • Total Fin Square Footage: 3577

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2013
  • Tax Value: 5056

MLS Schools

  • School District: Eastern Carver County #112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Aug 29, 2014
Sold by
Larson Lori L
Bought by
Perkins Paul A and Force Jill C
Seller's Agent
Cynthia Hanson Welu
RE/MAX Advantage Plus
Buyer's Agent
Diane Bloem
Coldwell Banker Burnet
List Price
$450,000
Sold Price
$432,500
Premium/Discount to List
-$17,500
-3.89%
Current Estimated Value
$739,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,190
Avg. Annual Appreciation
4.92%
Original Mortgage
$257,500
Outstanding Balance
$196,914
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$542,776

Purchase Details

Listed on
May 30, 2014
Closed on
Aug 15, 2014
Sold by
Smith Dale
Bought by
Larson Lori L
Seller's Agent
Cynthia Hanson Welu
RE/MAX Advantage Plus
Buyer's Agent
Diane Bloem
Coldwell Banker Burnet
List Price
$450,000
Sold Price
$432,500
Premium/Discount to List
-$17,500
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Outstanding Balance
$196,914
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$542,776

Purchase Details

Closed on
Jul 30, 1997
Sold by
Morrison John and Morrison Charlotte
Bought by
Larson Lori L
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perkins Paul A $432,500 Burnet Title
Larson Lori L -- Burnet Title
Larson Lori L $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Paul A $257,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $432,500 -3.9% $121 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $450,000 -- $126 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,816 $640,200 $247,000 $393,200
2024 $7,392 $631,300 $237,500 $393,800
2023 $6,964 $681,900 $280,000 $401,900
2022 $6,566 $653,100 $260,400 $392,700
2021 $6,370 $550,000 $218,600 $331,400
2020 $5,944 $508,500 $218,600 $289,900
2019 $5,876 $482,000 $208,200 $273,800
2018 $5,670 $482,000 $208,200 $273,800
2017 $5,596 $451,900 $198,300 $253,600
2016 $5,474 $401,200 $0 $0
2015 $5,158 $404,400 $0 $0
2014 $5,158 $351,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cynthia Hanson Welu

    RE/MAX

  • J

    Seller Co-Listing Agent in 2014

    Joseph Welu

    RE/MAX

  • D

    Buyer's Agent in 2014

    Diane Bloem

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4626581

REALTOR® Association of Southern Minnesota

APN: 25.6100130

Minnesota Carver County Chanhassen 55317

1051 Homestead Ln, Chanhassen, MN

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