NOT LISTED FOR SALE

7697 Nicholas Way Chanhassen, MN 55317

Estimated Value: $247,000 - $279,000

2 Beds
1.5 Baths
1,180 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $119,900 $102 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,810/month

54 Days on Market

Highlights

  • Balcony
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Chanhassen Elementary School Rated A
  • Side by Side Parking
  • Forced Air Heating and Cooling System

About This Home

As of May 2013

Nice and spacious townhome with room to finish a family room in lower level. Large balcony over garage. All appliances stay.

Last Agent to Sell the Property

Mark Callender

Re/Max Results Listed on: 02/15/2013

Re/Max Results

Last Buyer's Agent

Tracy Otoka Cushman

Cushman Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 1994

Lot Details

  • 1,307

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • Combination Dining and Living Room
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Side by Side Parking

Utilities

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

Additional Features

  • Balcony
  • 1,307 Sq Ft Lot

Community Details

  • Association fees include exterior maintenance, snow removal, trash

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 255630430

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,709

Year Built

Built in 1994

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Side x Side
  • Amenities Exterior: Balcony
  • Estimated Number of Acres: 0.03
  • Assessment Balance: 25
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 650
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 255630430
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/10/2013
  • Street Designation: Way
  • Taxes With Assessments: 1734
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 1/2 Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x23, On Level: Main
  • Room 2: Dining Room, 8x10, On Level: Main
  • Room 4: Kitchen, 10x11, On Level: Main
  • Room 5: Bedroom, 11x16, On Level: Main
  • Room 6: Bedroom, 10x12, On Level: Main
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1180
  • Total Fin Square Footage: 1180

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 170

Schools

  • School District: Eastern Carver County #112

Lot Info

  • Estimated Lot Dimensions: Common

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2011
  • Tax Value: 1709

MLS Schools

  • School District: Eastern Carver County #112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2013
Closed on
May 2, 2013
Sold by
Muenchow Matthew M
Bought by
Su Dechang
Seller's Agent
Mark Callender
Re/Max Results
Buyer's Agent
Tracy Otoka Cushman
Cushman Realty, Inc
List Price
$139,900
Sold Price
$119,900
Premium/Discount to List
-$20,000
-14.3%
Current Estimated Value
$267,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,201
Avg. Annual Appreciation
6.67%
Original Mortgage
$89,925
Outstanding Balance
$63,836
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$203,265

Purchase Details

Closed on
Apr 26, 2007
Sold by
Morris Jeffrey P
Bought by
Muenchow Matthew M and Stoermann Alisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2000
Sold by
Grebe Scott L and Grebe Kristin
Bought by
Morris Jeffrey 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
Su Dechang $119,900 Multiple
Muenchow Matthew M $180,000 --
Morris Jeffrey P $117,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Dechang $89,925
Previous Owner Muenchow Matthew M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold $119,900 -14.3% $102 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $139,900 -- $119 / 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 $2,630 $255,900 $80,000 $175,900
2024 $2,592 $252,000 $70,000 $182,000
2023 $2,472 $250,200 $70,000 $180,200
2022 $2,438 $240,800 $66,000 $174,800
2021 $2,260 $197,000 $56,200 $140,800
2020 $2,210 $187,900 $56,200 $131,700
2019 $2,216 $177,900 $53,500 $124,400
2018 $2,094 $177,900 $53,500 $124,400
2017 $2,026 $163,200 $48,700 $114,500
2016 $1,932 $138,300 $0 $0
2015 $1,632 $143,200 $0 $0
2014 $1,632 $104,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Callender

    RE/MAX

    Section Image

  • T

    Buyer's Agent in 2013

    Tracy Otoka Cushman

    Cushman Realty, Inc

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4440356

REALTOR® Association of Southern Minnesota

APN: 25.5630430

Minnesota Carver County Chanhassen 55317

7697 Nicholas Way, Chanhassen, MN

This home is located at 7697 Nicholas Way, Chanhassen, MN 55317 since 15 February 2013 and is currently estimated at $267,101, approximately $226 per square foot. This property was built in 1994. 7697 Nicholas Way is a home located in Carver County with nearby schools including Chanhassen Elementary School, Pioneer Ridge Middle School, and Chanhassen High School.

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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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