NOT LISTED FOR SALE

40 Lake Riley Trail Chanhassen, MN 55317

Estimated Value: $873,543 - $959,000

3 Beds
2.5 Baths
2,840 Sq Ft
$322/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $555,000 $195 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,893/month

89 Days on Market

Highlights

  • Beach
  • Newly Remodeled
  • Deck
  • Chanhassen Elementary School Rated A
  • Heated In Ground Pool
  • Vaulted Ceiling

About This Home

As of April 2015

Numerous upgrades throughout! Custom designed by Ron Clark. Red Birch flrs, granite kit counters, top of the line appls, hidden Media center, audio, custom window treatment.. LL W/O to lg patio. Sun Rm with lake view! Spectacular Amenities!

Last Agent to Sell the Property

Craig Peterson

Marathon Real Estate Listed on: 01/21/2015

Last Buyer's Agent

Craig Peterson

Marathon Real Estate Listed on: 01/21/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,261

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • Sprinkler System
  • Few Trees

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room
  • Finished Basement
  • Walk-Out Basement
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Side by Side Parking
  • Garage Door Opener

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 254310080

Community Details

Overview

  • Association fees include exterior maintenance, shared amenities, snow removal, trash

Amenities

  • Community Deck or Porch

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,261

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Inground Sprinkler System, Patio
  • Assessment Balance: 25
  • Assessments: Unknown
  • Construction: Completed New Construction
  • Foundation Size: 1641
  • Mechanicals: Air to Air Exchange, Central Vacuum, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 254310080
  • Projected Closed Date: 04/23/2015
  • Street Designation: Trail
  • Taxes With Assessments: 6286
  • Comp Dev Subdiv Name: Lakeside Fourth Addn
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 14x14, On Level: Main
  • Room 2: Dining Room, 12x10, On Level: Main
  • Room 3: Family Room, 14x11, On Level: Main
  • Room 4: Kitchen, 15x10, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Lower
  • Room 7: 14x14, On Level: Upper
  • Room 9: Sunroom/Solarium, 10x10, On Level: Main
  • Room 10: Rec Room, 18x14, On Level: Lower
  • Room 11: Patio, 20x10, On Level: Lower
  • Room 12: Deck, 12x8, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2102
  • Below Grade Finished Sq Ft: 738
  • Total Fin Square Footage: 2840

Exterior Features

  • Frontage Road: Paved
  • LakeAcres: 298
  • Waterfront Name: Riley
  • Exterior: Brick, Cement Board
  • Pool: Heated, In-Ground, Outdoor, Shared
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Shared Amenities, Snow Removal, Trash
  • Shared: Deck, Patio, Swimming Beach
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 377

Schools

  • School District: Eastern Carver County #112

Lot Info

  • Estimated Lot Dimensions: common
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 2011

Tax Info

  • Year: 2014
  • Tax Value: 6261

MLS Schools

  • School District: Eastern Carver County #112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Apr 16, 2015
Sold by
Bohlman Brad and Eckermann Darci
Bought by
Neill William Joseph O and Neill Pamela Ann O
Seller's Agent
Craig Peterson
Marathon Real Estate
Buyer's Agent
Craig Peterson
Marathon Real Estate
List Price
$579,000
Sold Price
$555,000
Premium/Discount to List
-$24,000
-4.15%
Current Estimated Value
$915,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,636
Avg. Annual Appreciation
4.87%
Original Mortgage
$412,500
Outstanding Balance
$317,896
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$597,740

Purchase Details

Closed on
Nov 19, 2014
Sold by
Meyers John R and Meyers Paula M
Bought by
Bohlman Brad and Eckermann Darci

Purchase Details

Closed on
Nov 29, 2011
Sold by
R E C Inc
Bought by
Meyers John R and Meyers Paula M

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
4.02%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Neill William Joseph O $550,000 Watermark Title Agency
Bohlman Brad $552,000 Watermark Title Agency Llc
Meyers John R $485,495 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neill William Joseph O $412,500
Previous Owner Meyers John R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2015 04/23/15 Sold $555,000 -4.1% $195 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $579,000 -- $204 / 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 $8,396 $772,000 $260,000 $512,000
2024 $8,134 $758,300 $255,000 $503,300
2023 $7,198 $741,900 $255,000 $486,900
2022 $7,256 $672,200 $240,000 $432,200
2021 $6,618 $568,200 $194,000 $374,200
2020 $6,548 $551,700 $194,000 $357,700
2019 $6,424 $522,600 $184,800 $337,800
2018 $6,562 $522,600 $184,800 $337,800
2017 $6,618 $519,500 $184,800 $334,700
2016 $6,838 $501,600 $0 $0
2015 -- $512,400 $0 $0
2014 -- $429,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Craig Peterson

    Marathon Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4710061

REALTOR® Association of Southern Minnesota

APN: 25.4310080

Minnesota Carver County Chanhassen 55317

40 Lake Riley Trail, Chanhassen, MN

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