NOT LISTED FOR SALE

27 Riley Ridge Chanhassen, MN 55317

Estimated Value: $940,000 - $1,008,000

2 Beds
2.5 Baths
3,232 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $912,000 $282 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,549/month

2 Days on Market

Highlights

  • Beach
  • Deck
  • Game Room
  • Chanhassen Elementary School Rated A
  • Family Room with Fireplace
  • Community Pool

About This Home

As of May 2023

Lakeside at Chanhassen is a premier master-planned community of executive townhomes nestled between the shores of Riley Lake and neighboring Bearpath Golf and Country Club.

Backing to the 15th hole on Bearpath, this end unit townhome features high-end finishes throughout and the convenience of single-level living. Down to the smallest detail this home was designed for carefree living and entertaining in mind.

Resident amenities include: private clubhouse with fully-equipped kitchen, bar and catering conveniences, outdoor swimming pool, well appointed fitness center, association-owned pontoon boat, private lake access, beach and much more.

Last Agent to Sell the Property

Christian Klempp

Compass Listed on: 03/01/2023

Compass

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,660

Year Built

  • Built in 2012

Lot Details

  • 3,920 Sq Ft Lot
  • Sprinkler System
  • Few Trees
  • Zero Lot Line

HOA Fees

  • $646 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Insulated Garage
  • Garage Door Opener
  • Driveway
  • Secure Parking

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Game Room
  • Storage Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Air Exchanger
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 254320010

Community Details

Overview

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

Recreation

  • Beach
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,660

Year Built

Built in 2012

Lot Details

0

HOA Fees

$646 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Association Amenities: Beach, In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 1755
  • Water Body Name: Riley
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Storage Space
  • Appliances: Air-To-Air Exchanger, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler
  • Fireplace Features: Family Room, Living Room
  • Living Area: 3232
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1477
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Den, Amusement Room, Bar/Wet Bar Room, Deck, Laundry, Foyer, Storage
  • SqFtTotal: 3510.00
  • Shared Rooms: Amusement/Party Room,Club House,Community Room,Exercise Room,Other

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: Shared
  • Fencing: None
  • PatioPorchType: Deck,Front Porch
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Insulated Garage, Secured, Storage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Maintenance Structure, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 646
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,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: common
  • Lot Size Sq Ft: 3920.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Light, Underground Utilities, Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 254320010
  • Tax Annual Amount: 9660
  • TaxWithAssessments: 9660.0000

Multi Family

  • WaterfrontFeatures: Association Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 16, 2023
Sold by
Gerhardt Michael and Gerhardt Kathleen
Bought by
Gerhardt Michael and Gerhardt Kathleen
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$900,000
Sold Price
$912,000
Premium/Discount to List
$12,000
1.33%
Current Estimated Value
$976,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,591
Avg. Annual Appreciation
2.79%

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 5, 2023
Sold by
Kaitala Erik and Kaitala Denise
Bought by
Gerhardt Michael and Gerhardt Kathleen A
Seller's Agent
Christian Klempp
Compass
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$900,000
Sold Price
$912,000
Premium/Discount to List
$12,000
1.33%

Purchase Details

Closed on
Jan 25, 2021
Sold by
Reiners Craig R and Reiners Mary K
Bought by
Kaitala Erik and Kaitala Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2012
Closed on
Jan 22, 2014
Sold by
R E C Inc
Bought by
Reiners Craig R and Reiners Mary K
Seller's Agent
Ronald Clark
Ron Clark Construction
Buyer's Agent
Ronald Clark
Ron Clark Construction
List Price
$559,900
Sold Price
$819,063
Premium/Discount to List
$259,163
46.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
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
Gerhardt Michael -- None Listed On Document
Gerhardt Michael $912,000 Watermark Title
Kaitala Erik $800,000 Watermark Title Agency
Reiners Craig R $819,063 Custom Home Bldrs Title
Kaitala Erik Erik $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaitala Erik $510,400
Closed Kaitala Erik Erik $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $912,000 +1.3% $282 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $900,000 +9.9% $278 / Sq Ft
01/23/2014 01/23/14 Sold $819,063 +46.3% $467 / Sq Ft View Prior Sale
04/29/2013 04/29/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $559,900 -- $319 / 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 $9,188 $868,100 $280,000 $588,100
2024 $9,266 $821,900 $275,000 $546,900
2023 $9,028 $833,500 $275,000 $558,500
2022 $9,660 $822,500 $264,000 $558,500
2021 $9,396 $771,200 $220,500 $550,700
2020 $9,200 $741,400 $220,500 $520,900
2019 $9,030 $701,500 $210,000 $491,500
2018 $9,224 $701,500 $210,000 $491,500
2017 $9,104 $697,000 $210,000 $487,000
2016 $9,404 $659,000 $0 $0
2015 $4,594 $578,000 $0 $0
2014 $4,594 $313,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6335003

NorthstarMLS

APN: 25.4320010