NOT LISTED FOR SALE

3618 Lerive Way Chaska, MN 55318

Estimated Value: $938,000 - $1,107,000

0.35 Acre
$2,886,471 Price per Acre
15,246 Sq Ft Lot

Last Sold November 11, 2013

Last sale price $135,000 $34 Per Sq Ft

Est. 648% increase in value since last sale

Current estimated payment $6,718/month

896 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Jonathan Elementary School Rated A-
  • Agricultural

About This Lot

As of November 2013

Located in the Le Rive neighborhood of Chevalle - a conservation development situated on 300 acres. Chevalle offers a peaceful, countryside setting with 10.5 miles of lighted walking/biking trails, deeded access to Lake Bavaria, private park, + much more!

Last Agent to Sell the Property

Mary Meuwissen

Counselor Realty of Victoria Listed on: 04/25/2011

Co-Listed By

Barbara Zadeh

Windsong Realty

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,852

Year Built

  • 2014

Lot Details

  • 0.35 Acre Lot
  • Finished Lot(s)

HOA Fees

  • $80 Monthly HOA Fees

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 300740340

Community Details

Overview

  • Association fees include shared amenities

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$11,852

Year Built

2014

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessment Balance: 40.74
  • Assessments: Yes
  • Parcel Number: 300740340
  • Projected Closed Date: 11/15/2013
  • Street Designation: Way
  • Taxes With Assessments: 1014
  • Estimated Number of Acres: 0.35
  • Additional Information: Platted, Survey, Survey Stakes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Walkout
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2014

Exterior Features

  • LakeAcres: 166.46
  • Waterfront Description: Deeded Access

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Telephone

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 80

Lot Info

  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2015
Sold by
Ridge Construction Llc
Bought by
Smith Harlan
Total Days on Market
896
Current Estimated Value
$1,010,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2011
Closed on
Nov 11, 2013
Sold by
Chevalle Development Company
Bought by
Ridge Construction Llc
Seller's Agent
Mary Meuwissen
Counselor Realty of Victoria
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$149,000
Sold Price
$135,000
Premium/Discount to List
-$14,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.10%
Original Mortgage
$400,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Harlan $640,000 Stewart Title Company
Ridge Construction Llc $135,000 Stewart Title Minnesota Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Harlan $510,400
Closed Smith Harlan $417,000
Previous Owner Ridge Construction Llc $30,000
Previous Owner Ridge Construction Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2013 11/11/13 Sold $135,000 -9.4% $34 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
04/25/2011 04/25/11 For Sale $149,000 -- $37 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $11,852 $951,300 $198,000 $753,300
2024 $11,504 $906,000 $181,500 $724,500
2023 $10,590 $898,700 $181,500 $717,200
2022 $9,380 $868,600 $180,700 $687,900
2021 $8,956 $699,300 $149,100 $550,200
2020 $9,180 $710,200 $149,100 $561,100
2019 $8,928 $666,300 $142,000 $524,300
2018 $8,582 $666,300 $142,000 $524,300
2017 $7,818 $637,500 $142,000 $495,500
2016 $7,646 $546,600 $0 $0
2015 -- $261,800 $0 $0
2014 -- $107,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3491639

REALTOR® Association of Southern Minnesota

APN: 30.0740330