NOT LISTED FOR SALE

8728 N Bay Dr Chanhassen, MN 55317

Estimated Value: $424,000 - $482,000

3 Beds
2 Baths
1,918 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $418,000 $218 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,895/month

14 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Deck
  • Chanhassen Elementary School Rated A
  • Beach
  • Stainless Steel Appliances

About This Home

As of May 2023

Don't miss this outstanding 3BR/2BA detached townhome w/ deeded access to Lake Riley! Enjoy all the perks of townhome living with no shared walls. Over $88k of improvements in last 3 yrs! A spacious foyer and 2-story living room w/ gas fireplace greet you upon entry. Striking LVP plank flooring throughout main level and new carpet up and down - 2019. All new high-end S/S kitchen appliances in 2019, including an armoire fridge and gas range. New 12x20 maint-free deck (TimberTech by Azek) and aluminum rail w/ lights that stretches along back of home. Furnace, A/C, and water heater all new in 2019. 2-car insulated garage features new garage door and Polytek epoxy flooring. So many wonderful living spaces over 3 finished levels. Just steps to Lake Riley where the association maintains a private beach/picnic area and dock for its residents. Easy access to Hwy 212 and numerous other parks/lakes. Don't miss this gem!

Last Agent to Sell the Property

Scott Lindquist

Imagine Realty Listed on: 02/23/2023

Co-Listed By

Roxanne Lindquist

Imagine Realty

Last Buyer's Agent

Jody Kvarnlov

BRIX Real Estate

BRIX Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1998

Lot Details

  • 2,919 Sq Ft Lot

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Dock Facilities
  • Shared Waterfront
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 255540370

Community Details

Overview

  • Association fees include beach access, dock, lawn care, professional mgmt, trash, shared amenities, snow removal
  • Cities Management Association, Phone Number (612) 381-8600
  • North Bay 2Nd Add Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 1998

Lot Details

0

HOA Fees

$185 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: 1
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Dock
  • Fee Frequency: Monthly
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1328
  • Water Body Name: Riley
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Storage Space
  • Appliances: Dishwasher, Dryer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1918
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 590
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck
  • SqFtTotal: 2520.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PatioPorchType: Composite Decking,Deck
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tuckunder Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Lawn Care, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 612-381-8600
  • Association Fee: 185
  • Association: Yes
  • Amenities Unit: Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Cities Management

Schools

  • Junior High Dist: Eastern Carver County Schools
  • SchoolDistrictPhone: 952-556-6100

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 0
  • Lot Size Sq Ft: 2918.52
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 255540370
  • Tax Annual Amount: 4106
  • TaxWithAssessments: 4106.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Charley Angela
Bought by
Charley Angela and Charley Kathleen E
Current Estimated Value
$449,279

Purchase Details

Listed on
Feb 23, 2023
Closed on
May 1, 2023
Sold by
Rykken Dawn M Strand and Rykken Bruce D
Bought by
Charley Angela
Seller's Agent
Scott Lindquist
Imagine Realty
Buyer's Agent
Jody Kvarnlov
BRIX Real Estate
List Price
$424,900
Sold Price
$418,000
Premium/Discount to List
-$6,900
-1.62%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Sep 26, 2019
Sold by
Akerhielm James W and Akerhielm Karen
Bought by
Rykken Dawn M Strand and Rykken Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2010
Sold by
Leonard Donna M
Bought by
Akerhielm James N and Akerhielm Kathryn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2006
Sold by
Not Provided
Bought by
Leonard Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2002
Sold by
Rothtarb Evie M and Rothtarb Lee A
Bought by
Nguyen Toulo and Dai Loan Kim

Purchase Details

Closed on
Aug 17, 2001
Sold by
Smith Robert S
Bought by
Moscoe Evie M

Purchase Details

Closed on
Aug 24, 1998
Sold by
The Rottlund Company
Bought by
Smith Robert S
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
Charley Angela -- None Listed On Document
Charley Angela $418,000 Legacy Title
Rykken Dawn M Strand $300,000 Burnet Title
Akerhielm James N $225,000 --
Leonard Donna M $243,000 --
Nguyen Toulo $213,000 --
Moscoe Evie M $203,500 --
Smith Robert S $192,713 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rykken Dawn M Strand $294,566
Previous Owner Akerhielm James N $127,000
Previous Owner Leonard Donna M $194,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $418,000 0.0% $218 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/25/2023 02/25/23 Off Market $418,000 -- --
02/20/2023 02/20/23 For Sale $424,900 -- $222 / 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 $4,168 $457,900 $85,000 $372,900
2024 $4,204 $409,400 $75,000 $334,400
2023 $4,120 $408,400 $75,000 $333,400
2022 $4,106 $404,100 $72,000 $332,100
2021 $3,638 $325,600 $60,000 $265,600
2020 $3,536 $325,600 $60,000 $265,600
2019 $3,528 $296,800 $53,600 $243,200
2018 $3,504 $296,800 $53,600 $243,200
2017 $2,906 $287,600 $53,600 $234,000
2016 $3,064 $220,700 $0 $0
2015 $2,644 $212,600 $0 $0
2014 $2,644 $176,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6333746

NorthstarMLS

APN: 25.5540370