$171,000
SOLD MAY 19, 2025

1331 Lake Dr W Unit A311 Chanhassen, MN 55317

1 Bed
1 Bath
771 Sq Ft
$524/mo HOA Fee

Recently Sold

$222 Per Sq Ft

2% Below List Price

109 Days on Market

Highlights

  • Elevator
  • Stainless Steel Appliances
  • Living Room
  • Chanhassen Elementary School Rated A
  • Patio
  • 1-Story Property

About This Home

As of May 2025

Discover serene, easy living in this beautiful, quiet third-floor condo that offers a tranquil view of lush greenery and wildlife. Embrace a cozy and peaceful atmosphere enhanced by updated lighting and modern flooring throughout. The kitchen is spacious, offers a breakfast bar and more than ample cupboards and is equipped with stainless steel appliances, making meal preparation a joy. With one well-appointed bedroom and a bathroom, the space is efficiently designed for comfort and ease. Vaulted ceilings add to the feeling of spaciousness, while a private balcony allows for quiet reflection and enjoyment of the outdoors. Convenience is paramount, with an in-unit washer and dryer ensuring that daily tasks are effortlessly managed. The complex doesn't skimp on amenities – enjoy access to a clubhouse, indoor pool, hot tub, splash pad, fitness center, and more. Socialize in one of the two community rooms or outside on the patio with gas grills. Active days can be spent exploring nearby trails, the arboretum, or engaging in the local dinner theatre. Essential shopping and dining options are just a stone's throw away.

Last Agent to Sell the Property

Jenifer Enos

Coldwell Banker Realty Brokerage Phone: 612-597-9235 Listed on: 01/30/2025

Coldwell Banker Realty

Last Buyer's Agent

Jenifer Enos

Coldwell Banker Realty Brokerage Phone: 612-597-9235 Listed on: 01/30/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 2003

HOA Fees

  • $524 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Garage
  • Insulated Garage
  • Assigned Parking

Interior Spaces

  • 771 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Patio
  • Zero Lot Line
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 256350071

Community Details

Overview

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

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,788

Year Built

Built in 2003

Lot Details

0

HOA Fees

$524 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Elevator(s), Fire Sprinkler System, Spa/Hot Tub, Lobby Entrance, Patio, Security
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 771
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-597-9235
  • Attribution Contact: 612-597-9235
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 771
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Dining Room, Kitchen, Living Room
  • Shared Rooms: Amusement/Party Room,Club House,Community Room,Exercise Room,Play Area

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less

Garage/Parking

  • Parking Features: Assigned, Heated Garage, Insulated Garage, Underground
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Sewer, Shared Amenities, Snow Removal
  • Phone: 952-361-9400
  • Association Fee: 524
  • Association: Yes
  • Amenities Unit: Balcony,Indoor Sprinklers,Kitchen Center Island,Panoramic View,Vaulted Ceiling(s),Washer/Dryer Hookup

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: Common
  • Lot Size Sq Ft: 740.52
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 256350071
  • Tax Annual Amount: 1788
  • TaxWithAssessments: 1788.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
May 12, 2025
Sold by
Walls Carrie Joyce
Bought by
Black Terrance E
Seller's Agent
Jenifer Enos
Coldwell Banker Realty
Buyer's Agent
Jenifer Enos
Coldwell Banker Realty
List Price
$175,000
Sold Price
$171,000
Premium/Discount to List
-$4,000
-2.29%
Views
73

Purchase Details

Closed on
Aug 12, 2016
Sold by
Walls Robin Dewayne
Bought by
Walls Carrie Joyce

Purchase Details

Closed on
Sep 12, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Walls Carrie

Purchase Details

Closed on
Oct 10, 2013
Sold by
Miller Monica L
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 30, 2005
Sold by
Powers Ridge Ii Llc
Bought by
Miller Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,612
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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 $171,000 Burnet Title
Interfamily Deed Transfer -- Attorney
Limited Warranty Deed $94,348 Edina Realty Title Inc
Deed $94,400 --
Sheriffs Deed $198,500 None Available
Warranty Deed $160,680 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $144,612 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $171,000 +1.2% $222 / Sq Ft
03/15/2025 03/15/25 Price Changed $169,000 -3.4% $219 / Sq Ft
01/30/2025 01/30/25 For Sale $175,000 -- $227 / 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 $1,708 $186,500 $45,000 $141,500
2024 $1,788 $186,500 $45,000 $141,500
2023 $1,790 $188,000 $45,000 $143,000
2022 $1,618 $189,300 $38,800 $150,500
2021 $1,512 $150,300 $32,300 $118,000
2020 $1,552 $150,300 $32,300 $118,000
2019 $1,422 $134,400 $29,400 $105,000
2018 $1,364 $134,400 $29,400 $105,000
2017 $1,128 $127,300 $29,400 $97,900
2016 $986 $65,200 $0 $0
2015 $814 $56,400 $0 $0
2014 $814 $49,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6654897

NorthstarMLS

APN: 25.6350071