Powers Ridge Condominiums 1321 Lake Dr W Unit 205 Chanhassen, MN 55317
2
Beds
2
Baths
1,070
Sq Ft
$663/mo
HOA Fee
Highlights
- Sauna
- Community Indoor Pool
- Living Room
- Chanhassen Elementary School Rated A
- Elevator
- Guest Parking
About This Home
As of June 2025Welcome to Powers Ridge Condominiums -The luxury living at it's finest! This two bedrooms two bathrooms condo has an amazing floor plan {see under pictures} and all the amenities to keep you comfortable and active. Just updated with new paint, stainless steel appliances and new flooring! This wonderful home has wood flooring throughout, with carpet in the bedrooms and tile in the bathrooms. The walls are painted a light gray, with white kitchen cabinets and stainless steel appliances. Lovely, well-maintained pool with hot tub and splash pad. A heated garage (less time in the cold). Also featuring an exercise room, community room, business center and clubhouse. Lots of space to roam in those cold winter months! Easy access to Lake Susan, follow the trail right under Powers Blvd. Convenient to shopping, restaurants, and the Library. Quick close possible. Don't miss the opportunity to explore this great condo!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,194
Year Built
- Built in 2001
HOA Fees
- $663 Monthly HOA Fees
Parking
- 1 Car Garage
- Guest Parking
Interior Spaces
- 1,070 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Sauna
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 256350245
Community Details
Overview
- Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, security, shared amenities, snow removal
- Firstservice Residential Association, Phone Number (952) 361-9400
- High-Rise Condominium
- Powers Ridge Condo Homes Subdivision
Recreation
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2022
Sold by
Prcm Acquisitions Xii Llc
Bought by
Lakeside Capital-Pr Llc and Towering Pines-Pr Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$233,280
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$48,723
Purchase Details
Closed on
Jul 20, 2011
Sold by
Powers Ridge Development Inc
Bought by
Powers Ridge Properties Llc
Similar Home in Chanhassen, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,000 | Land Title | |
| Warranty Deed | $4,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $148,453 | New Conventional | |
| Open | $350,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Sold | $185,567 | +0.9% | $173 / Sq Ft |
| 05/26/2025 05/26/25 | Pending | -- | -- | -- |
| 04/19/2025 04/19/25 | Price Changed | $183,900 | -0.5% | $172 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $184,900 | -- | $173 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,194 | $209,700 | $45,000 | $164,700 |
| 2024 | $2,178 | $209,700 | $45,000 | $164,700 |
| 2023 | $1,894 | $209,700 | $45,000 | $164,700 |
| 2022 | $1,786 | $183,800 | $35,100 | $148,700 |
| 2021 | $1,688 | $146,400 | $29,300 | $117,100 |
| 2020 | $1,730 | $146,400 | $29,300 | $117,100 |
| 2019 | $1,606 | $129,800 | $26,400 | $103,400 |
| 2018 | $1,576 | $129,800 | $26,400 | $103,400 |
| 2017 | $1,616 | $123,800 | $26,400 | $97,400 |
| 2016 | $1,486 | $107,600 | $0 | $0 |
| 2015 | $1,220 | $89,600 | $0 | $0 |
| 2014 | $1,220 | $81,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vitaly Chernikh
Seller's Agent in 2025
Vitaly Chernikh
REI Broker
(763) 227-8237
6 in this area
32 Total Sales
-
Autumn Stamson
Buyer's Agent in 2025
Autumn Stamson
Engel & Volkers Lake Minnetonka
(612) 790-4679
4 in this area
128 Total Sales
About Powers Ridge Condominiums
Map
Source: NorthstarMLS
MLS Number: 6685344
APN: 25.6350245
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