$170,053
SOLD SEP 27, 2024

1331 Lake Dr W Unit A308 Chanhassen, MN 55317

2 Beds
2 Baths
1,068 Sq Ft
$756/mo HOA Fee

Recently Sold

$159 Per Sq Ft

8% Below List Price

4 Days on Market

Highlights

  • Deck
  • Community Indoor Pool
  • 1 Car Attached Garage
  • Chanhassen Elementary School Rated A
  • Elevator
  • Patio

About This Home

As of September 2024

This condo is move in ready and updated with newer flooring, appliances and a newer furnace. Enjoy the vaulted ceilings and a private maintenance free deck. The living space is open with two bedrooms on either side. There is laundry in the unit. Each room has an ensuite bathroom and large closet with built in shelving. The building has a new roof, siding and gutters. The community offers a clubhouse with an indoor pool, hot tub, conference room and business center and also features a fitness center, two community rooms, playground and spacious common patio area with grills and outdoor seating. The community is conveniently located to downtown Chanhassen: dining, shopping, lakes, biking/walking trails, the Chanhassen Dinner Theater, the Landscape Arboretum and so much more! The unit comes with a storage locker as well as a storage cage above the garage stall (space #66). Rentals are allowed.

Last Agent to Sell the Property

Mallorie Rife

Edina Realty, Inc.

Edina Realty, Inc.

Last Buyer's Agent

Faranak Toma

Bridge Realty, LLC

Bridge Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 2003

HOA Fees

  • $756 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Guest Parking

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Additional Parcels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 256350068

Community Details

Overview

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, recreation facility, trash, security, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (952) 361-9400
  • Low-Rise Condominium
  • Powers Ridge Condo Homes Subdivision

Amenities

  • Elevator

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,104

Year Built

Built in 2003

Lot Details

0

HOA Fees

$756 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Spa/Hot Tub, Lobby Entrance, Patio
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1068
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Living Area: 1068
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck
  • Shared Rooms: Amusement/Party Room,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Indoor

Garage/Parking

  • Parking Features: Attached Garage, Guest Parking, Heated Garage, Underground
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Recreation Facility, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-361-9400
  • Association Fee: 756
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Main Floor Primary Bedroom,Vaulted Ceiling(s)

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: 1001.88
  • Land Lease: No
  • Additional Parcels Description: 256350156
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 256350068
  • Tax Annual Amount: 2104
  • TaxWithAssessments: 2104.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 27, 2024
Sold by
Derus Jeanne
Bought by
Rentals 53 Llc
Seller's Agent
Mallorie Rife
Edina Realty, Inc.
Buyer's Agent
Faranak Toma
Bridge Realty, LLC
List Price
$185,000
Sold Price
$170,053
Premium/Discount to List
-$14,947
-8.08%
Total Days on Market
4
Views
4
Current Estimated Value
$183,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,758
Avg. Annual Appreciation
13.60%

Purchase Details

Listed on
May 8, 2021
Closed on
Jul 1, 2021
Sold by
Pasek Bryan and Pasek Jennifer L
Bought by
Derua Jeanne
Seller's Agent
Lynne Gambucci
Compass
Buyer's Agent
Joseph Passofaro
RE/MAX Results
List Price
$194,500
Sold Price
$221,000
Premium/Discount to List
$26,500
13.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.77%

Purchase Details

Closed on
Aug 18, 2015
Sold by
Pasek Jennifer L and Pasek Bryan
Bought by
Pasek Jennifer L

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
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Powers Ridge Ii Llc
Bought by
Zeiher Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
5.37%
Mortgage Type
New Conventional

Map

Range of Values:

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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 $170,051 Lake Title
Warranty Deed $221,000 Results Title Inc
Interfamily Deed Transfer -- Nations Title Agency Of Mn
Warranty Deed $182,424 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $147,000 New Conventional
Previous Owner $143,920 New Conventional
Previous Owner $17,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $170,053 -8.1% $159 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $185,000 -16.3% $173 / Sq Ft
07/01/2021 07/01/21 Sold $221,000 0.0% $207 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/18/2021 05/18/21 Off Market $221,000 -- --
05/08/2021 05/08/21 For Sale $194,500 -- $182 / Sq Ft
Source: NorthstarMLS

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 $2,020 $208,800 $45,000 $163,800
2024 $2,104 $214,800 $45,000 $169,800
2023 $2,214 $216,600 $45,000 $171,600
2022 $2,024 $228,300 $38,800 $189,500
2021 $2,086 $181,700 $32,300 $149,400
2020 $2,138 $181,700 $32,300 $149,400
2019 $1,984 $161,000 $29,400 $131,600
2018 $1,928 $161,000 $29,400 $131,600
2017 $1,848 $152,100 $29,400 $122,700
2016 $1,684 $122,200 $0 $0
2015 $1,498 $111,600 $0 $0
2014 $1,498 $101,000 $0 $0
Source: Public Records

Source: NorthstarMLS

MLS Number: 6597992

NorthstarMLS

APN: 25.6350068