$232,500
SOLD JUL 16, 2025

1331 Lake Dr W Unit A113 Chanhassen, MN 55317

3 Beds
2 Baths
1,325 Sq Ft
$798/mo HOA Fee

Recently Sold

$175 Per Sq Ft

4% Below List Price

49 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Forced Air Heating and Cooling System
  • Chanhassen Elementary School Rated A
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of July 2025

Spacious 3 bed/2 bath condo in Powers Ridge! Enjoy a full primary en-suite, in-unit laundry, and a stylish kitchen with granite counters and stainless steel appliances. This unit includes two indoor parking spaces (#50 & #51) plus extra garage storage. Community amenities offer year-round fun with a heated pool, hot tub, office space, party room, patio grills, and a playground. Conveniently located near shopping with easy commute access—everything you need in one place! Schedule your tour today!

Last Agent to Sell the Property

Jay Hancock

Keller Williams Realty Integrity Listed on: 05/03/2025

Keller Williams Realty Integrity

Last Buyer's Agent

Daniel Desrochers

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 2003

HOA Fees

  • $798 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Heated Garage

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 256350013

Community Details

Overview

  • Association fees include maintenance structure, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2716
  • Low-Rise Condominium
  • Powers Ridge Condo Homes Subdivision

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,386

Year Built

Built in 2003

Lot Details

0

HOA Fees

$798 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, Hallways 42"+, Other
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Spa/Hot Tub, In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1325
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Living Area: 1325
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • Shared Rooms: Club House,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Below Ground, Heated, Indoor, Shared
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Heated Garage, Paved, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Shared Amenities, Snow Removal
  • Phone: 952-277-2716
  • Association Fee: 798
  • Association: Yes
  • Amenities Unit: Balcony,Cable,Deck,Intercom System,Primary Bedroom Walk-In Closet,Panoramic View,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Eastern Carver County Schools
  • SchoolDistrictNumber: 112
  • SchoolDistrictPhone: 952-556-6100

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 1263.24
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 256350013
  • Tax Annual Amount: 2386
  • TaxWithAssessments: 2386.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2025
Closed on
Jul 14, 2025
Sold by
Smith Jill R
Bought by
Snyder Julie and Snyder David
Seller's Agent
Jay Hancock
Keller Williams Realty Integrity
Buyer's Agent
Daniel Desrochers
eXp Realty
List Price
$242,500
Sold Price
$232,500
Premium/Discount to List
-$10,000
-4.12%
Views
528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$138,185

Purchase Details

Closed on
Dec 20, 2019
Sold by
Laughlin Jaime William and Laughlin Heather
Bought by
Smith Jill R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2011
Sold by
Bank Of America Na
Bought by
Laughlen Jaime W and Laughlen Lisa H

Purchase Details

Closed on
May 25, 2005
Sold by
Powers Ridge Ii Llc
Bought by
Gonyea Ronald F
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $232,500 Trademark Title
Warranty Deed $210,000 Trademark Title Services Inc
Foreclosure Deed $135,000 --
Warranty Deed $234,051 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $147,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $232,500 -2.1% $175 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $237,500 -2.1% $179 / Sq Ft
05/08/2025 05/08/25 For Sale $242,500 -- $183 / Sq Ft
Source: NorthstarMLS

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 $2,302 $239,600 $45,000 $194,600
2024 $2,386 $239,600 $45,000 $194,600
2023 $2,408 $241,700 $45,000 $196,700
2022 $2,174 $245,700 $38,800 $206,900
2021 $2,034 $192,900 $32,300 $160,600
2020 $2,268 $192,900 $32,300 $160,600
2019 $2,068 $167,900 $29,400 $138,500
2018 $2,008 $167,900 $29,400 $138,500
2017 $2,058 $158,500 $29,400 $129,100
2016 $1,870 $135,900 $0 $0
2015 $1,676 $122,800 $0 $0
2014 $1,676 $113,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6711104

NorthstarMLS

APN: 25.6350013