NOT LISTED FOR SALE

8796 N Bay Dr Chanhassen, MN 55317

Estimated Value: $371,374 - $421,000

3 Beds
2.5 Baths
1,744 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $225,000 $129 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,526/month

26 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • 2 Car Attached Garage
  • Chanhassen Elementary School Rated A
  • Beach
  • Walk-In Closet

About This Home

As of October 2014

North Bay on Riley Lake - the best little secret in Chan. Enjoy single family living w/the convenience of an association - no snow/lawn work. Boat slips through assoc. 3 bed/3 bath has many updates/upgrades. 1 yr. warranty Move right in and call it home.

Last Agent to Sell the Property

Timothy Amlie

Coldwell Banker Burnet Listed on: 10/03/2014

Last Buyer's Agent

Timothy Amlie

Coldwell Banker Burnet Listed on: 10/03/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 1998

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 38x72x36x8
  • Property fronts a private road
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,744 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 255550010

Community Details

Overview

  • Association fees include shared amenities, snow removal, trash

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,425

Year Built

Built in 1998

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: TH Detached/Patio
  • Amenities: Ceiling Fans, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Dock, Driveway - Asphalt, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.06
  • Construction: Previously Owned
  • Foundation Size: 635
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 255550010
  • Road Between Waterfront And Home: Yes
  • Street Designation: Drive
  • Comp Dev Subdiv Name: North Bay
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Master, Main Floor 1/2 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x12, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 4: Kitchen, 11x10, On Level: Main
  • Room 5: Bedroom, 19x15, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 9: Loft, On Level: Upper
  • Finished Above Grade Sq Ft: 1744
  • Total Fin Square Footage: 1744

Exterior Features

  • Frontage Road: Private
  • LakeAcres: 298
  • Waterfront Name: Riley
  • Exterior: Vinyl
  • Waterfront Description: Deeded Access

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: Shared Amenities, Snow Removal, Trash
  • Shared: Swimming Beach
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 140

Lot Info

  • Estimated Lot Dimensions: 38x72x36x8
  • Lot/Land Description: Zero Lot Line

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2014
  • Tax Value: 2425

MLS Schools

  • School District: Eastern Carver County #112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 31, 2014
Sold by
Amlie Timothy P
Bought by
Tao Zheng
Seller's Agent
Timothy Amlie
Coldwell Banker Burnet
Buyer's Agent
Timothy Amlie
Coldwell Banker Burnet
List Price
$238,000
Sold Price
$225,000
Premium/Discount to List
-$13,000
-5.46%
Current Estimated Value
$401,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,844
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
May 31, 2006
Sold by
Vaules Robert J and Vaules Renae B
Bought by
Amlie Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2000
Sold by
Simonson Thomas E and Simonson Caroline E
Bought by
Vaules Robert J and Vaules Renae B

Purchase Details

Closed on
Jul 31, 1998
Sold by
The Rottlund Company Inc
Bought by
Simonson Thomas E and Simonson Caroline E
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
Tao Zheng $225,000 Burnet Title
Amlie Timothy P $220,500 --
Vaules Robert J $181,500 --
Simonson Thomas E $159,803 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amlie Timothy P $176,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $225,000 -5.5% $129 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $238,000 -- $136 / 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 $3,262 $350,900 $85,000 $265,900
2024 $3,214 $313,400 $75,000 $238,400
2023 $3,252 $311,100 $75,000 $236,100
2022 $3,396 $317,700 $81,600 $236,100
2021 $3,106 $271,800 $67,900 $203,900
2020 $2,954 $271,800 $67,900 $203,900
2019 $8,588 $239,200 $53,600 $185,600
2018 $2,928 $239,200 $53,600 $185,600
2017 $2,862 $232,200 $53,600 $178,600
2016 $2,984 $218,000 $0 $0
2015 -- $194,700 $0 $0
2014 -- $163,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4681417

REALTOR® Association of Southern Minnesota

APN: 25.5550010