$295,000
SOLD SEP 20, 2024

7954 Timber Lake Dr Eden Prairie, MN 55347

3 Beds
1.5 Baths
1,714 Sq Ft
$295/mo HOA Fee

Recently Sold

$172 Per Sq Ft

2% Below List Price

51 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • 2 Car Attached Garage
  • Forest Hills Elementary School Rated A
  • 1 Fireplace
  • Patio

About This Home

As of September 2024

Great Eden Prairie location for this end unit townhome with a bonus lake access to Mitchell Lake. The living room features a vaulted ceiling and a gas fireplace. Large kitchen area with tiled floor and breakfast bar. Main floor half bath with laundry area. The spacious owners bedroom has a walk-in closet and private walk-though access to the upper bathroom. 2 additional bedrooms round out the upper level. The private deeded access to Mitchell Lake has a dock and canoe/kayak storage. This townhomes location has easy access to shopping, restaurants, parks, and schools as well as highways 5 and 212. Newer furnace and stacked washer/dryer.

Last Agent to Sell the Property

Jay Seltun

Northeast Realty LLC Listed on: 07/24/2024

Last Buyer's Agent

Susan Snyder

Lakes Sotheby's International

Lakes Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 1992

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1711622130191

Community Details

Overview

  • Association fees include beach access, dock, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, snow removal
  • Sharper Management Association, Phone Number (952) 224-4777
  • Condo 0469 The Townhomes Of North Bay Subdivision

Recreation

  • Waterfront Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,088

Year Built

Built in 1992

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 1714
  • Water Body Name: Mitchell
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas
  • Living Area: 1714
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Patio

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • PatioPorchType: Patio
  • Lake Acres: 113
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
  • Phone: 952-224-4777
  • Association Fee: 295
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Primary Bedroom Walk-In Closet,Patio,Vaulted Ceiling(s)

Association/Amenities

  • HOA Management Co: Sharper Management

Schools

  • Junior High Dist: Eden Prairie
  • SchoolDistrictNumber: 272
  • SchoolDistrictPhone: 952-975-7000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1711622130191
  • Tax Annual Amount: 3088
  • TaxWithAssessments: 3088.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 17, 2024
Sold by
John N. Retterath and John Elizabeth A.
Bought by
Meesala Lalitheswararao
Seller's Agent
Jay Seltun
Northeast Realty LLC
Buyer's Agent
Susan Snyder
Lakes Sotheby's International
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$236,000
Outstanding Balance
$234,759
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$70,665

Purchase Details

Closed on
Aug 23, 2021
Sold by
Retterath John N and Retterath Elizabeth A
Bought by
Retterath Family Trust

Purchase Details

Closed on
Aug 29, 2019
Sold by
Retterrath John N and Retterrath Elizabeth A
Bought by
Retterath John N and Retterath Elizabeth A

Purchase Details

Closed on
Aug 1, 2007
Sold by
Krebs James F and Lifner Elizabeth V
Bought by
Retterath John N and Retterath Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1997
Sold by
Kitzerow Kathryn M and Kitzerow Robert E
Bought by
Krebs James F
Source: Public Records

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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 $295,000 --
Quit Claim Deed $500 --
Warranty Deed -- None Available
Warranty Deed $223,900 --
Warranty Deed $124,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,000 New Conventional
Previous Owner $156,000 New Conventional
Previous Owner $179,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $339,000 +14.9% $198 / Sq Ft
09/20/2024 09/20/24 Sold $295,000 -1.6% $172 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $299,900 -- $175 / 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
2023 $3,088 $273,300 $65,700 $207,600
2022 $2,941 $265,700 $71,100 $194,600
2021 $2,755 $238,900 $64,000 $174,900
2020 $2,962 $225,400 $60,400 $165,000
2019 $2,672 $221,100 $59,300 $161,800
2018 $2,520 $208,700 $56,000 $152,700
2017 $2,436 $183,400 $45,300 $138,100
2016 $2,456 $183,400 $45,300 $138,100
2015 $2,434 $171,500 $42,400 $129,100
2014 -- $161,800 $40,000 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6573760

NorthstarMLS

APN: 17-116-22-13-0191