NOT LISTED FOR SALE

8847 Lake Riley Dr Chanhassen, MN 55317

Estimated Value: $1,030,743 - $1,098,000

3 Beds
2.5 Baths
3,333 Sq Ft
$489/mo HOA Fee

Last Sold December 12, 2014

Last sale price $600,000 $180 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,906/month

17 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • Deck
  • Chanhassen Elementary School Rated A
  • Heated In Ground Pool
  • Vaulted Ceiling

About This Home

As of December 2014

Stunning Cudd built Townhome backs up to Bearpath G.C. Exquisite finishing. Beautiful Clubhouse. Marina & boat usage on Lk Riley. Ask about seller paid boat use! Easy to show. Quick possession available.

Last Agent to Sell the Property

Martin Siegel

Coldwell Banker Burnet Listed on: 10/25/2014

Last Buyer's Agent

Scott Seeley

Coldwell Banker Burnet

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,969

Year Built

  • Built in 2007

Lot Details

  • 4,356

HOA Fees

  • $489 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Deeded Waterfront Access Rights
  • Deck

Additional Features

  • Zero Lot Line
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 254240040

Community Details

Overview

  • Association fees include exterior maintenance, shared amenities, snow removal, trash, water

Recreation

  • Beach
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,969

Year Built

Built in 2007

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Side x Side
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.1
  • Construction: Previously Owned
  • Foundation Size: 1924
  • Parcel Number: 254240040
  • Street Designation: Drive
  • Comp Dev Subdiv Name: Lakeside
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Full Master, Main Floor Full Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x19, On Level: Main
  • Room 2: Dining Room, 14x10, On Level: Main
  • Room 3: Family Room, 33x24, On Level: Lower
  • Room 4: Kitchen, 17x14, On Level: Main
  • Room 5: Bedroom, 16x15, On Level: Main
  • Room 6: Bedroom, 14x11, On Level: Lower
  • Room 7: 13x11, On Level: Lower
  • Room 9: Sunroom/Solarium, 13x11, On Level: Main
  • Room 10: Den/Office, 13x11, On Level: Main
  • Room 11: Other, 11x10, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1937
  • Below Grade Finished Sq Ft: 1396
  • Total Fin Square Footage: 3333

Exterior Features

  • LakeAcres: 298
  • Waterfront Name: Riley
  • Exterior: Brick, Cement Board
  • Pool: Heated, In-Ground, Shared
  • Roof: Asphalt Shingles
  • 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: Exterior Maintenance, Shared Amenities, Snow Removal, Trash, Water
  • Shared: Swimming Beach
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 489

Lot Info

  • Estimated Lot Dimensions: 0000
  • Lot/Land Description: Zero Lot Line

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2014
  • Tax Value: 8969

MLS Schools

  • School District: Eastern Carver County #112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2014
Closed on
Dec 12, 2014
Sold by
Murphy Daniel J and Dillon Suzanne
Bought by
Reints David A and Reints Gaylene A
Seller's Agent
Martin Siegel
Coldwell Banker Burnet
Buyer's Agent
Scott Seeley
Coldwell Banker Burnet
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$1,053,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,186
Avg. Annual Appreciation
5.30%
Original Mortgage
$417,000
Outstanding Balance
$319,772
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$733,414

Purchase Details

Closed on
Dec 6, 2007
Sold by
Charles Cudd Llc
Bought by
Murphy Daniel J

Purchase Details

Closed on
Dec 14, 2006
Sold by
Sienna Corp
Bought by
Charles Cudd Llc
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
Reints David A $600,000 Midland Title
Murphy Daniel J $782,610 --
Charles Cudd Llc $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reints David A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $600,000 0.0% $180 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
10/25/2014 10/25/14 For Sale $600,000 -- $180 / 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 $10,524 $983,000 $280,000 $703,000
2024 $10,450 $929,400 $275,000 $654,400
2023 $10,274 $929,400 $275,000 $654,400
2022 $9,278 $924,600 $264,000 $660,600
2021 $9,082 $748,200 $220,500 $527,700
2020 $8,896 $719,700 $220,500 $499,200
2019 $8,786 $684,800 $210,000 $474,800
2018 $36 $684,800 $210,000 $474,800
2017 $9,768 $675,600 $210,000 $465,600
2016 $10,090 $701,000 $0 $0
2015 $4,497 $710,000 $0 $0
2014 $4,497 $594,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4687807

REALTOR® Association of Southern Minnesota

APN: 25.4240040