Powers Ridge Condominiums 1321 Lake Dr W Unit 225 Chanhassen, MN 55317
2
Beds
2
Baths
1,053
Sq Ft
$663/mo
HOA Fee
Highlights
- Deck
- Living Room
- 1-Story Property
- Chanhassen Elementary School Rated A
- Parking Storage or Cabinetry
- Forced Air Heating and Cooling System
About This Home
As of July 2025Wonderful 2/2 condo in Chanhassen. Centrally located near bus routes, shopping, restaurants, Lake Ann and Susan Park. Community amenities include, indoor pool, clubhouse, guest suite, spa, tv lounge, business center and exercise room. Many new updates make this a move in ready property. They include: 2025 new garbage disposal, 2025 carpets cleaned, 2025 new microwave, 2024 new roof and siding, 2024 new toilet main bath, 2021 new furnace and AC.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,028
Year Built
- Built in 2001
HOA Fees
- $663 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Storage or Cabinetry
- Heated Garage
- Common or Shared Parking
Interior Spaces
- 1,053 Sq Ft Home
- 1-Story Property
- Living Room
- Washer and Dryer Hookup
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Home Security
Additional Features
- Deck
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 256350265
Community Details
Overview
- Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, security, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 361-9400
- Low-Rise Condominium
- Powers Ridge Condo Homes Subdivision
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2025
Closed on
Jul 7, 2025
Sold by
Albrecht Diane
Bought by
Petroski Renee
Seller's Agent
Jim Emond
Re/Max Advantage Plus
Buyer's Agent
Stieg Strand
RE/MAX Results
List Price
$189,900
Sold Price
$172,000
Premium/Discount to List
-$17,900
-9.43%
Views
90
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.73%
Original Mortgage
$129,000
Outstanding Balance
$129,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$50,462
Purchase Details
Closed on
Jul 16, 2014
Sold by
Fisher William D and Fisher Anne M
Bought by
Aibrecht Diane
Purchase Details
Closed on
Apr 9, 2010
Sold by
Powers Ridge Development Inc
Bought by
Fisher William D and Fisher Anne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,667
Interest Rate
4.75%
Mortgage Type
FHA
Similar Homes 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 | $172,000 | Trademark Title | |
| Warranty Deed | $127,000 | Trademark Title Services Inc | |
| Warranty Deed | $109,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $129,000 | New Conventional | |
| Previous Owner | $105,667 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $172,000 | -4.4% | $163 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | Price Changed | $179,900 | -5.3% | $171 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $189,900 | -- | $180 / 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 | $1,964 | $209,700 | $45,000 | $164,700 |
| 2024 | $2,028 | $209,700 | $45,000 | $164,700 |
| 2023 | $1,732 | $209,700 | $45,000 | $164,700 |
| 2022 | $1,568 | $183,800 | $35,100 | $148,700 |
| 2021 | $1,464 | $146,400 | $29,300 | $117,100 |
| 2020 | $1,504 | $146,400 | $29,300 | $117,100 |
| 2019 | $1,362 | $129,800 | $26,400 | $103,400 |
| 2018 | $1,316 | $129,800 | $26,400 | $103,400 |
| 2017 | $1,342 | $123,800 | $26,400 | $97,400 |
| 2016 | $1,190 | $80,400 | $0 | $0 |
| 2015 | $956 | $69,100 | $0 | $0 |
| 2014 | $956 | $59,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Emond
Seller's Agent in 2025
Jim Emond
RE/MAX Advantage Plus
(612) 685-5801
1 in this area
145 Total Sales
-
Stieg Strand
Buyer's Agent in 2025
Stieg Strand
RE/MAX Results
(612) 490-2121
1 in this area
80 Total Sales
About Powers Ridge Condominiums
Map
Source: NorthstarMLS
MLS Number: 6673413
APN: 25.6350265
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1321 Lake Dr W Unit 210
- 1321 Lake Dr W Unit 226
- 1321 Lake Dr W Unit 216
- 8410 Burlwood Dr
- 726 Maggie Way
- 8800 Sunset Trail
- 7719 Nicholas Way
- 8777 Stonefield Ln
- 1710 Valley Ridge Trail S
- 732 Wildflower Ln
- 1784 Valley Ridge Place
- 7639 Nicholas Way
- 765 Stonegate Rd
- 597 Mission Hills Way W
- 710 W Village Rd Unit 105
- 553 Mission Hills Dr
- 720 W Village Rd Unit 106
- 566 Mission Hills Way W
- 8850 Audubon Rd
- 8525 Mission Hills Ln