H
Seller's Agent in 2024
Heidi Oare
Lakes Area Realty
(763) 670-9638
4 in this area
33 Total Sales
Estimated Value: $285,000 - $386,000
1
Bed
1
Bath
1,000
Sq Ft
$345/mo
HOA Fee
Highlights
- Lake Front
- 43,168 Sq Ft lot
- Sitting Room
- Shirley Hills Primary School Rated A
- Party Room
- 3-minute walk to Surfside Park
About This Home
As of March 2024Welcome home to your condo at Chapman Place! An awesome opportunity to own on the shores of Lake Minnetonka. This one bedroom, one bathroom unit features an open concept with an abundance of windows. Enjoy your views of Cooks Bay and Surfside Park while relaxing by your fireplace in the colder months ahead while you gear up for next summer, lakeside! The dock slips are managed and there is currently a waitlist. The building offers a reservable room with access onto the patio, perfect for your next get together with friends and family. Commuting will be a breeze via the heated parking garage with TWO parking stalls. The unit also features a storage locker in the garage for your lake toys, seasonal decorations, etc. Come take a look and bring your ideas to make it your own!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,060
Year Built
- Built in 1985
Lot Details
- Lake Front
- Additional Parcels
HOA Fees
- $345 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Secure Parking
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Electric Fireplace
- Living Room with Fireplace
- Sitting Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 2311724140066
Community Details
Overview
- Association fees include maintenance structure, ground maintenance, trash, shared amenities, snow removal, water
- Compass Management Association, Phone Number (612) 888-4710
- Low-Rise Condominium
- Condo 0560 Chapman Place A Condo Subdivision
Amenities
- Party Room
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2023
Closed on
Mar 11, 2024
Sold by
Marrs Mary
Bought by
Ohman Julie
Seller's Agent
Heidi Oare
Lakes Area Realty
Buyer's Agent
Rick Clark
Bridge Realty, LLC
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%
Views
93
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
$62,017
Avg. Annual Appreciation
11.82%
Purchase Details
Closed on
Oct 30, 2014
Sold by
Reed Lance R
Bought by
Marrs Family Trust and Marrs Mary A
Purchase Details
Closed on
Aug 3, 2010
Sold by
Thompson Wallace C and Thompson Julie M
Bought by
Reed Lance R
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
4.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2009
Sold by
Lopac Charles I and Slawson Lopac Ann Judith
Bought by
Thompson Wallace C
Purchase Details
Closed on
Aug 25, 2006
Sold by
Mccollar Mark W
Bought by
Lopac Dolores M
Purchase Details
Closed on
Jan 28, 2003
Sold by
Leigh Kenneth D and Leigh Joanna D
Bought by
Mccollar Mark W
Purchase Details
Closed on
Dec 1, 1992
Sold by
Aurora Loan Services Inc
Bought by
Leigh Kenneth D and Leigh Joanna D
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ohman Julie | $275,000 | -- | |
| Marrs Family Trust | $215,000 | None Available | |
| Reed Lance R | $200,000 | -- | |
| Thompson Wallace C | $135,000 | -- | |
| Lopac Dolores M | $172,580 | -- | |
| Mccollar Mark W | $172,524 | -- | |
| Leigh Kenneth D | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reed Lance R | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2024 03/14/24 | Sold | $275,000 | 0.0% | $275 / Sq Ft |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- |
| 12/29/2023 12/29/23 | Off Market | $275,000 | -- | -- |
| 12/28/2023 12/28/23 | For Sale | $315,000 | +14.5% | $315 / Sq Ft |
| 12/28/2023 12/28/23 | Off Market | $275,000 | -- | -- |
| 11/03/2023 11/03/23 | For Sale | $315,000 | -- | $315 / 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 |
|---|---|---|---|---|
| 2023 | $4,305 | $412,900 | $242,500 | $170,400 |
| 2022 | $3,603 | $394,000 | $233,000 | $161,000 |
| 2021 | $3,499 | $307,000 | $173,000 | $134,000 |
| 2020 | $3,748 | $297,000 | $168,000 | $129,000 |
| 2019 | $3,077 | $296,000 | $161,000 | $135,000 |
| 2018 | $3,077 | $240,000 | $116,000 | $124,000 |
| 2017 | $2,708 | $196,000 | $89,000 | $107,000 |
| 2016 | $2,811 | $196,000 | $99,000 | $97,000 |
| 2015 | $2,835 | $196,000 | $99,000 | $97,000 |
| 2014 | -- | $185,000 | $97,000 | $88,000 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi Oare
-
Rick Clark
Buyer's Agent in 2024
Rick Clark
Bridge Realty, LLC
(612) 998-0645
2 in this area
32 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6455753
APN: 23-117-24-14-0066
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