NOT LISTED FOR SALE

7603 Frontier Trail Chanhassen, MN 55317

Estimated Value: $698,000 - $1,429,561

0.8 Acre
$1,509,862 Price per Acre
34,848 Sq Ft Lot

Last Sold April 27, 2012

Last sale price $200,000

Est. 504% increase in value since last sale

Current estimated payment $7,490/month

193 Days on Market

Highlights

  • 0.8 Acre Lot
  • Agricultural
  • Many Trees
  • Chanhassen Elementary School Rated A

About This Lot

As of April 2012

Welcome to world renowned architect Charles Stinson's Lotus Lake Neighborhood, an innovative community of modern & contemporary homes in award winning Chanhassen! Build w/ Stinson Builders,Inc. on this beautiful .80 acre wooded lot. Other lots available.

Last Agent to Sell the Property

Richard Schwarz

Lakes Sotheby's International Listed on: 10/03/2011

Last Buyer's Agent

Richard Schwarz

Lakes Sotheby's International Listed on: 10/03/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,858

Lot Details

  • 0.8 Acre Lot
  • Sloped Lot
  • Many Trees
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$13,858

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Estimated Wooded Acres: 0.8
  • Projected Closed Date: 04/27/2012
  • Street Designation: Trail
  • Taxes With Assessments: 2722
  • Estimated Number of Acres: 0.8
  • Additional Information: Platted, Survey
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Restricted To These Builders: Stinson Builders, Inc.
  • Topography: Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Cable Tv, City Water, Electric, Natural Gas, Storm Sewer, Telephone

Schools

  • School District: Eastern Carver County #112

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2011
Closed on
Apr 27, 2012
Sold by
Stinson Charles and Eastlund Carol
Bought by
Norderhaug Michael H and Norderhaug Linda
Seller's Agent
Richard Schwarz
Lakes Sotheby's International
Buyer's Agent
Richard Schwarz
Lakes Sotheby's International
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
$1,207,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,890
Avg. Annual Appreciation
14.24%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Norderhaug Michael H $200,000 Custom Home Builders Title L
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $200,000 -20.0% --
04/13/2012 04/13/12 Pending -- -- --
10/03/2011 10/03/11 For Sale $250,000 -- --
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 $13,858 $1,208,000 $262,500 $945,500
2024 $13,748 $1,197,500 $252,000 $945,500
2023 $13,594 $1,196,500 $252,000 $944,500
2022 $14,694 $1,197,000 $252,000 $945,000
2021 $14,436 $1,139,600 $210,000 $929,600
2020 $14,494 $1,120,200 $210,000 $910,200
2019 $14,504 $1,077,300 $176,600 $900,700
2018 $5,214 $1,077,300 $176,600 $900,700
2017 $3,108 $415,400 $176,600 $238,800
2016 $2,956 $179,800 $0 $0
2015 $2,632 $171,800 $0 $0
2014 $2,632 $148,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard Schwarz

    Lakes Sotheby's International

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3532766

REALTOR® Association of Southern Minnesota

APN: 25.2840010

Minnesota Carver County Chanhassen 55317

7603 Frontier Trail, Chanhassen, MN

This home is located at 7603 Frontier Trail, Chanhassen, MN 55317 since 03 October 2011 and is currently estimated at $1,207,890. 7603 Frontier Trail is a home located in Carver County with nearby schools including Chanhassen Elementary School, Pioneer Ridge Middle School, and Chanhassen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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