Dwellings Real Estate Team - Dwellings Real Estate Team
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Listing Courtesy Of: VSM Real Estate LLC, Adam Hunt
Listing Sold By: Robert Anthony Miesen Realty
Local Realty Services Provided By: Keller Williams Premier Realty Lake Minnetonka
Overview
What It'll Cost
Neighborhood
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$154,000
1321 Lake Drive W #227, Chanhassen, MN 55317
1 Bed
1 Bath
763 sq ft
.02 ac
$154,000

1321 Lake Drive W #227, Chanhassen, MN 55317

Estimation provided by Keller Williams Realty Inc.
1 Bed
1 Bath
763 sq ft
.02 ac
Closed
Sold

Property Description

HOA fee reduced to $524/month beginning in 1/1/2025! Welcome to Powers Ridge Condominiums! This beautiful one-bedroom, one-bathroom condo boasts an open and inviting floor plan, designed for both comfort and functionality. With its southwest-facing orientation, the unit is filled with natural light, helping to keep heating costs low while creating a warm and welcoming atmosphere. The condo is part of a vibrant community offering fantastic amenities, including a well-maintained pool, hot tub, splash pad, exercise room, community room, business center, and clubhouse—perfect for staying active and connected year-round. A heated garage ensures you’ll spend less time in the cold during the winter months.

Located steps from Lake Susan, with trail access right under Powers Boulevard, the property is also conveniently close to shopping, restaurants, and the library. Best of all, rentals are allowed, making this an excellent investment opportunity. A property management contract is already in place, offering a seamless entry into real estate investing. Whether you're looking for a cozy home or your next investment, this condo checks all the boxes. A quick close is possible—don’t miss out!

Property Details

Compare This Home
Overview
Property Type
Low Rise
Property Size
763 sq ft
Year Built
2001
Days on Site
112 Days
HVAC
Forced Air, Central Air
Parking
1 Parking Space
HOA Fees
$524/M
Dwellings Real Estate Team
Lake Minnetonka
40153816

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $154,000
Principal + Interest
$0 (0%)
Property Tax
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Home Insurance
$0 (0%)
HOA/Condo Fee
$0 (0%)
Mortgage Insurance
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
01/30/2025
Price Decrease
$154,000
(-3.14%)
12/09/2024
Price Decrease
$159,000
(-3.05%)
12/02/2024
Listed
$164,000
(-4.09%)
03/10/2022
Sold
$171,000
(+10.32%)
03/19/2021
Sold
$155,000
(+30,900%)
03/14/2019
Sold
$500
03/07/2019
Sold
$500
(-99.63%)
01/23/2009
Sold
$134,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$1,880
(+30.19%)
$180,600
Land 45,000 + Additions 135,600
2023
$1,444
(+10.4%)
$180,600
Land 45,000 + Additions 135,600
2022
$1,308
(+7.21%)
$157,500
Land 35,100 + Additions 122,400
2021
$1,220
(+7.77%)
$126,300
Land 29,300 + Additions 97,000
2019
$1,132
(+17.18%)
$85,400
No Breakdown Available
2017
$966
$66,200
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

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Car-Dependent Walkable Very Walkable
Dwellings Real Estate Team
Lake Minnetonka
40153816

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