NOT LISTED FOR SALE

7038 7038 Red Cedar Cove Chanhassen, MN 55331

Estimated Value: $848,000 - $979,000

3 Beds
2 Baths
2,728 Sq Ft
$300/mo HOA Fee

Last Sold November 21, 2014

Last sale price $550,000 $202 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,161/month

75 Days on Market

Highlights

  • Lake Front
  • Beach
  • Vaulted Ceiling
  • Minnewashta Elementary School Rated A
  • Deck
  • Whirlpool Bathtub

About This Home

As of November 2014

Rarely available. Small 18 unit complex with great lakeshore, pristine condition. SS appliances, big bay window in LR with panoramic view of the lake & w/o LL with shaded patio. Bonus room under the garage. Unit has a boat slip at the association dock.

Last Listed By

Dennis Lamecker

Edina Realty, Inc. Listed on: 08/15/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,810

Year Built

  • Built in 1986

Lot Details

  • Lake Front
  • Property fronts a private road
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 256500040

Community Details

Overview

  • Association fees include exterior maintenance, snow removal, trash

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,810

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Garage Door Opener, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.06
  • Construction: Previously Owned
  • Foundation Size: 1260
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 256500040
  • Projected Closed Date: 12/19/2014
  • Street Designation: Cove
  • Taxes With Assessments: 5810
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x24, On Level: Main
  • Room 2: Dining Room, 9x15, On Level: Main
  • Room 3: Family Room, 13x30, On Level: Lower
  • Room 4: Kitchen, 10x13, On Level: Main
  • Room 5: Bedroom, 12x15, On Level: Main
  • Room 6: Bedroom, 10x14, On Level: Lower
  • Room 7: 10x13, On Level: Lower
  • Room 9: Rec Room, 13x20, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1260
  • Below Grade Finished Sq Ft: 1468
  • Total Fin Square Footage: 2728

Exterior Features

  • Frontage Road: Private
  • LakeAcres: 676.95
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • 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, Snow Removal, Trash
  • Shared: Swimming Beach
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 300

Schools

  • School District: Minnetonka #276

Lot Info

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

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2014
  • Tax Value: 5810

MLS Schools

  • School District: Minnetonka #276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Robertson Gregory P and Robertson Leslie M
Bought by
Leslie M Robertson Trust
Total Days on Market
75
Current Estimated Value
$917,982

Purchase Details

Listed on
Aug 15, 2014
Closed on
Nov 21, 2014
Sold by
Holzinger Robert A and Holzinger Carol L
Bought by
Robertson Gregory P and Robertson Leslie M
Seller's Agent
Dennis Lamecker
Edina Realty, Inc.
Buyer's Agent
Eric Stafford
Coldwell Banker Burnet
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$440,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bixler Patricia A
Bought by
Holzinger Robert and Holzinger Carol

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
Leslie M Robertson Trust $500 --
Robertson Gregory P $550,000 Edina Realty Title Inc
Holzinger Robert $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Gregory P $95,000
Previous Owner Robertson Gregory P $433,000
Previous Owner Robertson Gregory P $98,900
Previous Owner Robertson Gregory P $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $550,000 -4.3% $202 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $575,000 -- $211 / 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 $8,960 $809,000 $375,000 $434,000
2024 $8,624 $792,500 $375,000 $417,500
2023 $8,410 $784,700 $375,000 $409,700
2022 $7,796 $770,700 $361,600 $409,100
2021 $7,856 $649,600 $301,300 $348,300
2020 $7,924 $643,900 $301,300 $342,600
2019 $6,912 $563,300 $287,000 $276,300
2018 $6,856 $563,300 $287,000 $276,300
2017 $6,336 $555,200 $287,000 $268,200
2016 $6,252 $502,800 $0 $0
2015 $5,810 $472,300 $0 $0
2014 $5,810 $437,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4665106

REALTOR® Association of Southern Minnesota

APN: 25.6500040