NOT LISTED FOR SALE

16 Riley Ridge Chanhassen, MN 55317

Estimated Value: $1,142,000 - $1,266,921

3 Beds
2.5 Baths
3,450 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $1,250,000 $362 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,276/month

7 Days on Market

Highlights

  • Dock Facilities
  • Beach
  • Family Room with Fireplace
  • Chanhassen Elementary School Rated A
  • Lake View
  • Recreation Room

About This Home

As of October 2023

Lakeside at Chanhassen an executive community offering just six homes with Lake Riley views! Single level living at its finest with southern facing views of the Lake Riley. Former model home with high-end finishes throughout. 10’ ceilings on main with an open style layout. Primary bedroom, bath with heated flooring, soaking tub & walk-in shower. Gourmet kitchen, dining room, living room and sunroom (heated floors) all offer stunning lake views. Main level also features an office laundry room, mudroom, & heated 2 car garage. Walkout LL with 9’ ceilings offer 2 bedrooms, family room, wet bar & space for a pool table to entertain guests. Enjoy your private outdoor spaces including a front porch, maintenance free deck and lower-level patio. Shared amenities include a gorgeous community clubhouse with a fully equipped kitchen, fitness center, office/meeting room, deck, & outdoor pool. The association owns a rentable pontoon boat, a dock and has private lake access.

Last Agent to Sell the Property

Stacy Elmquist

Edina Realty, Inc. Listed on: 08/08/2023

Edina Realty, Inc.

Co-Listed By

Dave Dahl

Edina Realty, Inc.

Last Buyer's Agent

Margaret Meyers

Edina Realty, Inc.

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,678

Year Built

  • Built in 2010

Lot Details

  • 4,356 Sq Ft Lot
  • Cul-De-Sac
  • Few Trees

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Utility Room Floor Drain
  • Radiant Floor
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage

Outdoor Features

  • Dock Facilities
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • No Interior Steps
  • Air Exchanger

Listing and Financial Details

  • Assessor Parcel Number 254310200

Community Details

Overview

  • Association fees include beach access, maintenance structure, dock, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • Lakeside Fourth Add Subdivision

Amenities

  • Community Deck or Porch

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,678

Year Built

Built in 2010

Lot Details

0

HOA Fees

$700 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Door Lever Handles, No Stairs Internal
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Deck, Dock, Patio
  • Fee Frequency: Monthly
  • Year Built: 2010
  • Above Grade Finished Sq Ft: 1910
  • Water Body Name: Riley
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3450
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1540
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Sun Room, Office, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bar/Wet Bar Room, Recreation Room, Laundry
  • SqFtTotal: 3820.00
  • Shared Rooms: Amusement/Party Room,Business Center,Club House,Community Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Composite Decking,Deck,Front Porch,Patio,Porch
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Floor Drain, Garage Door Opener, Guest Parking, Heated Garage

Utilities

  • Heating: Forced Air, Humidifier, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Maintenance Structure, Dock, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 700
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Porch,Panoramic View,Security System,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 4356
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 254310200
  • Tax Annual Amount: 12678
  • TaxWithAssessments: 12678.0000

Multi Family

  • WaterfrontFeatures: Association Access, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 2, 2023
Sold by
Trust Agreement Of Denise M Wagner
Bought by
Hanson Living Trust
Seller's Agent
Stacy Elmquist
Edina Realty, Inc.
Buyer's Agent
Margaret Meyers
Edina Realty, Inc.
List Price
$1,250,000
Sold Price
$1,250,000
Views
17
Current Estimated Value
$1,229,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,520
Avg. Annual Appreciation
-0.80%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Wagner Stephen B and Wagner Denise M
Bought by
Trust Agreement Of Denise M Wagner

Purchase Details

Listed on
Oct 4, 2012
Closed on
Nov 29, 2012
Sold by
R E C Inc
Bought by
Wagner Stephen B and Wagner Denise M
Seller's Agent
Ronald Clark
Ron Clark Construction
Buyer's Agent
Brace Helgeson
Coldwell Banker Burnet
List Price
$879,900
Sold Price
$862,869
Premium/Discount to List
-$17,031
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hanson Living Trust $1,265,454 Edina Realty Title
Trust Agreement Of Denise M Wagner -- None Available
Wagner Stephen B $862,869 Custom Home Bldrs Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2023 10/04/23 Sold $1,250,000 0.0% $362 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/08/2023 08/08/23 Off Market $1,250,000 -- --
08/08/2023 08/08/23 For Sale $1,250,000 +44.9% $362 / Sq Ft
11/30/2012 11/30/12 Sold $862,869 -1.9% $250 / Sq Ft View Prior Sale
10/19/2012 10/19/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $879,900 -- $255 / 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 $13,308 $1,211,800 $490,000 $721,800
2024 $12,918 $1,153,300 $481,300 $672,000
2023 $12,678 $1,129,300 $481,300 $648,000
2022 $12,246 $1,122,000 $474,000 $648,000
2021 $11,924 $955,900 $390,300 $565,600
2020 $11,772 $925,400 $390,300 $535,100
2019 $11,656 $881,800 $371,700 $510,100
2018 $11,848 $881,800 $371,700 $510,100
2017 $11,830 $872,000 $371,700 $500,300
2016 $12,218 $831,700 $0 $0
2015 $11,116 $841,500 $0 $0
2014 $11,116 $714,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6408974

NorthstarMLS

APN: 25.4310200