$590,000
SOLD SEP 12, 2024

7012 Cheyenne Trail Chanhassen, MN 55317

4 Beds
2.5 Baths
2,599 Sq Ft
0.99 Acres

Recently Sold

$227 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • 43,124 Sq Ft lot
  • Family Room with Fireplace
  • Stainless Steel Appliances
  • Clear Springs Elementary School Rated A
  • Screened Porch
  • The kitchen features windows

About This Home

As of September 2024

Welcome this one-of-a-kind, Bloomberg-designed, property to the market. This space is a beautifully landscaped lot just under an acre with its very own Creek passing through & just a few steps to Lotus Lake. This home holds a feel of being Up North with its privacy, wild life watching, and ample trees. Step inside to find all 4 bedrooms up, an open floor plan for gathering, 2 wood burning fireplaces and ample deck spacing....including the 3-season porch for dining! Downstairs you will find the family room, great storage, a wet bar, and a great walk-out to the gorgeous backyard. Not to forget, the lake association gives access to Lotus Lake, pickleball & tennis courts, a dock, canoe and paddle board storage, and much more!

Last Agent to Sell the Property

Britt Ringstrom

eXp Realty Listed on: 07/15/2024

eXp Realty

Last Buyer's Agent

Taylor Doolittle

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,713

Year Built

  • Built in 1969

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 178x217x229x212
  • Property has an invisible fence for dogs

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Flex
  • Pitched Roof
  • Shake Siding

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Storage Room
  • Utility Room Floor Drain

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Shared Waterfront

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Water Filtration System
  • Cable TV Available

Community Details

  • Association fees include shared amenities
  • Lotus Lake Betterment Association
  • Colonial Grove At Lotus Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 252300170

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,713

Year Built

Built in 1969

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 1643
  • Water Body Name: Lotus
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Concrete, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Trash Compactor, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 2599
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 956
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Bar/Wet Bar Room, Flex Room, Laundry, Storage, Screened Porch, Foyer
  • SqFtTotal: 3286.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Invisible
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Patio,Rear Porch,Screened
  • Lake Acres: 245
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Electric, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 564

Utilities

  • Heating: Forced Air, Humidifier
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Association Fee: 250
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Porch,Security System,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar

Association/Amenities

  • HOA Management Co: Lotus Lake Betterment Association

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 178x217x229x212
  • Lot Size Sq Ft: 43124.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Cedar, Shake Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 252300170
  • Tax Annual Amount: 4713
  • TaxWithAssessments: 4746.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Sep 10, 2024
Sold by
The Elizabeth J Leplatt Revocable Trust
Bought by
Mclaughlin Tyler and Mclaughlin Madeline
Seller's Agent
Britt Ringstrom
eXp Realty
Buyer's Agent
Taylor Doolittle
RE/MAX Results
List Price
$564,999
Sold Price
$590,000
Premium/Discount to List
$25,001
4.42%
Views
14
Current Estimated Value
$589,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$767
Avg. Annual Appreciation
-0.26%
Original Mortgage
$270,000
Outstanding Balance
$268,355
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$320,328
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $590,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $590,000 +4.4% $227 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $564,999 -- $217 / 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 $4,862 $498,100 $246,800 $251,300
2024 $4,746 $458,200 $220,500 $237,700
2023 $4,662 $455,700 $220,500 $235,200
2022 $4,484 $449,500 $222,000 $227,500
2021 $4,824 $387,800 $161,500 $226,300
2020 $4,884 $384,200 $161,500 $222,700
2019 $4,746 $366,900 $153,800 $213,100
2018 $4,454 $366,900 $153,800 $213,100
2017 $4,798 $340,900 $139,900 $201,000
2016 $4,372 $318,500 $0 $0
2015 $4,572 $320,700 $0 $0
2014 $4,572 $305,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6540286

NorthstarMLS

APN: 25.2300170