NOT LISTED FOR SALE

540 Summerfield Dr Chanhassen, MN 55317

Estimated Value: $684,000 - $799,000

5 Beds
3.5 Baths
3,171 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 16, 2014

Last sale price $367,500 $116 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,507/month

17 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Chanhassen Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of July 2014

Great Value in Springfield with a neighborhood park that includes basketball court, gazebo, playsets & pool! Hardwood floors and tons of natural light throughout 4 bedrooms on one level. Close to Lake Riley!

Last Agent to Sell the Property

Matt Schafer

RE/MAX Advantage Plus Listed on: 05/30/2014

Last Buyer's Agent

Denise Kraemer

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,681

Year Built

  • Built in 2000

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85x125
  • Property fronts a county road
  • Landscaped with Trees

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 257820010

Community Details

Overview

  • Association fees include shared amenities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,681

Year Built

Built in 2000

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.24
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1188
  • Parcel Number: 257820010
  • Stories: 2 Story
  • Street Designation: Drive
  • Comp Dev Subdiv Name: Springfield
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 20x16, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 44x13, On Level: Lower
  • Room 4: Kitchen, 24x13, On Level: Main
  • Room 5: Bedroom, 18x14, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 14x12, On Level: Upper
  • Room 8: Bedroom, 14x12, On Level: Upper
  • Room 9: Bedroom, 12x10, On Level: Lower
  • Room 10: Laundry Room, 9x6, On Level: Main
  • Room 11: Mud Room, 9x6, On Level: Main
  • Room 12: Foyer, 10x10, On Level: Main
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2308
  • Below Grade Finished Sq Ft: 863
  • Total Fin Square Footage: 3171

Exterior Features

  • Frontage Road: County, Curb/Gutters, Sidewalk
  • Exterior: Brick, Metal, Vinyl
  • Pool: Shared

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee Frequency: Quarterly
  • Association Fee: Yes
  • Association Fee: 160

Lot Info

  • Estimated Lot Dimensions: 85x125
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2013
  • Tax Value: 5681

MLS Schools

  • School District: Eastern Carver County #112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Kraemer Jeffrey D and Kraemer Megan
Bought by
Megan R Kraemer Revocable Trust
Current Estimated Value
$736,799

Purchase Details

Listed on
May 30, 2014
Closed on
Jun 19, 2014
Sold by
Household Industrial Finance Co
Bought by
Kraemer Jeffrey and Kraemer Megan
Seller's Agent
Matt Schafer
RE/MAX Advantage Plus
Buyer's Agent
Denise Kraemer
Edina Realty, Inc.
List Price
$374,995
Sold Price
$367,500
Premium/Discount to List
-$7,495
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Jan 3, 2001
Sold by
Lundgren Bros Construction Inc
Bought by
Rogers Michael A and Rogers Sharri P
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
Megan R Kraemer Revocable Trust $500 None Listed On Document
Kraemer Jeffrey $367,500 First Financial Title Agency
Rogers Michael A $356,134 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2014 07/16/14 Sold $367,500 -2.0% $116 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $374,995 -- $118 / 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 $6,930 $656,800 $165,000 $491,800
2024 $6,756 $640,500 $155,000 $485,500
2023 $5,794 $630,300 $155,000 $475,300
2022 $5,650 $557,100 $149,800 $407,300
2021 $5,482 $482,000 $124,800 $357,200
2020 $5,612 $481,600 $124,800 $356,800
2019 $5,568 $456,600 $118,900 $337,700
2018 $5,380 $456,600 $118,900 $337,700
2017 $5,570 $428,700 $118,900 $309,800
2016 $6,092 $446,900 $0 $0
2015 $5,629 $446,900 $0 $0
2014 $5,629 $387,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4626247

REALTOR® Association of Southern Minnesota

APN: 25.7820010