NOT LISTED FOR SALE

7003 Cheyenne Trail Chanhassen, MN 55317

Estimated Value: $804,000 - $854,000

5 Beds
3.5 Baths
4,341 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $785,000 $181 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,939/month

28 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Home Office
  • Clear Springs Elementary School Rated A
  • Main Floor Primary Bedroom
  • Built-In Double Oven

About This Home

As of August 2024

One of a kind masterpiece built by Herb Bloomberg nestled in the desirable Colonial Grove neighborhood of Chanhassen. The home features stunning attention to detail throughout including an octagonal shaped living room with a vaulted, wood ceiling and fireplace, large, inviting entry with beautiful stone floor, cozy 3-season porch with fireplace, stainless appliances including a new sub zero refrigerator, large main floor master suite, main floor office/bedroom, 3 upper bedrooms and a perfect entertaining area in lower level that includes a wet bar. The home has abundant storage (some areas could be finished to add more sq footage) and the perfect location in the lower level for a workout room. Enjoy the peaceful and serene setting that sits on a sprawling .68 acre well manicured lot, the neighborhood tennis courts also striped for pickleball, basketball hoops, canoe racks and dock on Lotus Lake permitted to have 3 boats overnight. Top rated Minnetonka schools.

Last Agent to Sell the Property

Brian Bongard

Coldwell Banker Realty Brokerage Phone: 612-363-1878 Listed on: 06/03/2024

Coldwell Banker Realty

Last Buyer's Agent

Lynne Gambucci

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,222

Year Built

  • Built in 1980

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 150x199
  • Irregular Lot
  • Many Trees

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Rubber Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Game Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shared Waterfront
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include dock, shared amenities
  • Self Managed Kristin Dunlap Association, Phone Number (773) 255-4872
  • Colonial Grove At Lotus Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 252300300

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,222

Year Built

Built in 1980

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 5
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 3435
  • Water Body Name: Lotus
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Attribution Contact: 612-363-1878
  • Attribution Contact: 612-363-1878
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Family Room, Living Room, Other, Wood Burning
  • Living Area: 4341
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 906
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Office, Laundry, Three Season Porch, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Shake, Rubber
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Glass Enclosed,Rear Porch
  • Lake Acres: 245
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
  • Garage Square Feet: 572

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Shared Amenities
  • Phone: 773-255-4872
  • Association Fee: 250
  • Association: Yes
  • Amenities Unit: Deck,Exercise Room,Main Floor Primary Bedroom,Porch,Security System,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Self Managed Kristin Dunlap

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 150x199
  • Lot Size Sq Ft: 29620.8
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 252300300
  • Tax Annual Amount: 6222
  • TaxWithAssessments: 6222.0000

Multi Family

  • WaterfrontFeatures: Association Access, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 5, 2024
Sold by
Revoc Donald and Revoc Judith
Bought by
Neiers Jared and Neiers Madeline
Seller's Agent
Brian Bongard
Coldwell Banker Realty
Buyer's Agent
Lynne Gambucci
Compass
List Price
$849,900
Sold Price
$785,000
Premium/Discount to List
-$64,900
-7.64%
Views
35
Current Estimated Value
$831,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,138
Avg. Annual Appreciation
4.79%
Original Mortgage
$745,750
Outstanding Balance
$737,148
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$93,990
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
Neiers Jared $785,000 Legacy Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neiers Jared $745,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $785,000 -4.2% $181 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $819,000 -3.6% $189 / Sq Ft
06/03/2024 06/03/24 For Sale $849,900 -- $196 / 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 $6,710 $700,700 $235,000 $465,700
2024 $6,222 $608,500 $210,000 $398,500
2023 $6,044 $583,500 $210,000 $373,500
2022 $5,956 $571,200 $210,000 $361,200
2021 $5,998 $511,200 $170,900 $340,300
2020 $6,040 $505,600 $170,900 $334,700
2019 $5,782 $477,900 $162,800 $315,100
2018 $5,534 $477,900 $162,800 $315,100
2017 $5,896 $453,800 $148,100 $305,700
2016 $5,566 $447,600 $0 $0
2015 $5,812 $450,800 $0 $0
2014 $5,812 $437,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6510684

NorthstarMLS

APN: 25.2300300