Powers Ridge Condominiums 1321 Lake Dr W Unit 318 Chanhassen, MN 55317
3
Beds
2
Baths
1,351
Sq Ft
$960/mo
HOA Fee
Highlights
- Heated In Ground Pool
- Main Floor Primary Bedroom
- Stainless Steel Appliances
- Chanhassen Elementary School Rated A
- Elevator
- Patio
About This Home
As of September 2024Enjoy one level living with no stairs, a gym on the same level as this condo plus a fantastic price! This is a rare opportunity to find a 3-bedroom, 2 bath condo in sought after Powers Ridge Condominiums. This spacious unit has an open design freshly painted through out and newer carpet, beautiful kitchen with stainless steel appliances, granite countertops, huge breakfast bar and plenty of workspace. The living room features cathederal ceilings, gas fireplace and access to the balcony.The primary bedroom suite included a 3/4 bath and walk-in closet. The laundry room is conveniently located in the hall next to the bedrooms. Heated underground parking space and storage locker.Enjoy all the amenities that Power’s Ridge has to offer. A workout room on the same floor as this condo, a party room with kitchenette plus large deck with gas grills and plenty of seating for all your guests. The nearby Club House includes a conference room, library, indoor pool, hot tub & splash pool.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,506
Year Built
- Built in 2001
HOA Fees
- $960 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Guest Parking
- Secure Parking
Interior Spaces
- 1,351 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Heated In Ground Pool
- Patio
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 256350292
Community Details
Overview
- Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
- First Residential Association, Phone Number (952) 361-9400
- Low-Rise Condominium
- Powers Ridge Condo Homes Subdivision
Recreation
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2024
Closed on
Sep 17, 2024
Sold by
Stephen R Platt Revocable Trust and Platt Stephen R
Bought by
Zgurich Andrew Allen
Seller's Agent
Linda Hipp
RE/MAX Advantage Plus
Buyer's Agent
Vicki McGinty
Edina Realty, Inc.
List Price
$265,000
Sold Price
$215,900
Premium/Discount to List
-$49,100
-18.53%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,842
Avg. Annual Appreciation
4.39%
Purchase Details
Closed on
Sep 22, 2023
Sold by
Revocable Trust and Revocable Trust
Bought by
Revocable Trust
Purchase Details
Closed on
Jun 1, 2020
Sold by
Platt Steve and Platt Anne
Bought by
Anne A Platt Revocable Trust and Stephen R Platt Revocable Trust
Purchase Details
Closed on
May 26, 2020
Sold by
Hursh Judy J and Hursh Family Trust
Bought by
Platt Steve and Platt Anne
Purchase Details
Closed on
Dec 16, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hursh Roger H and Hursh Judy J
Purchase Details
Closed on
Jul 16, 2007
Sold by
Powers Ridge Development Inc
Bought by
Lippincott Olin W and Lippincott Dianne L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.76%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Deed | $107,951 | Partners Title | |
| Deed | $500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Edgewater Titel Group | |
| Deed | $212,000 | Edgewater Title Group | |
| Foreclosure Deed | $118,000 | -- | |
| Warranty Deed | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Sold | $215,900 | -1.4% | $160 / Sq Ft |
| 08/27/2024 08/27/24 | Pending | -- | -- | -- |
| 07/31/2024 07/31/24 | Price Changed | $218,900 | -8.8% | $162 / Sq Ft |
| 06/30/2024 06/30/24 | Price Changed | $239,900 | -4.0% | $178 / Sq Ft |
| 06/19/2024 06/19/24 | Price Changed | $249,900 | -5.7% | $185 / Sq Ft |
| 06/06/2024 06/06/24 | For Sale | $265,000 | -- | $196 / 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 | $2,296 | $240,200 | $45,000 | $195,200 |
| 2024 | $2,490 | $240,200 | $45,000 | $195,200 |
| 2023 | $2,506 | $240,200 | $45,000 | $195,200 |
| 2022 | $2,356 | $244,200 | $38,800 | $205,400 |
| 2021 | $2,040 | $193,800 | $32,300 | $161,500 |
| 2020 | $2,094 | $193,800 | $32,300 | $161,500 |
| 2019 | $1,852 | $167,600 | $29,400 | $138,200 |
| 2018 | $1,796 | $167,600 | $29,400 | $138,200 |
| 2017 | $1,820 | $159,600 | $29,400 | $130,200 |
| 2016 | $1,624 | $112,900 | $0 | $0 |
| 2015 | $681 | $98,300 | $0 | $0 |
| 2014 | $681 | $87,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Hipp
L
Seller's Agent in 2024
Linda Hipp
RE/MAX Advantage Plus
(612) 590-9569
2 in this area
87 Total Sales
-
Ryan O'Neill
Seller Co-Listing Agent in 2024
Ryan O'Neill
RE/MAX Advantage Plus
(952) 649-1456
4 in this area
859 Total Sales
-
Vicki McGinty
Buyer's Agent in 2024
Vicki McGinty
Edina Realty, Inc.
(763) 670-1474
1 in this area
23 Total Sales
About Powers Ridge Condominiums
Map
Source: NorthstarMLS
MLS Number: 6537937
APN: 25.6350292
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