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7603 Nicholas Way

7603 Nicholas Way, Chanhassen, MN 55317
Property in Chanhassen
Sold Jun 16, 2003
$160,000
$89,000 by Alerus Financial Na
Mortgage Due Jul 01, 2036
Sold Jun 16, 2003
$163,500
7603 Nicholas Way has been categorized by the local assessors in Chanhassen, MN as a residential type of property. The building on the property was first built in 1995 and is 29 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7603 Nicholas Way has 1,172 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,307 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 311 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7603 Nicholas Way was last sold in May 30, 2003 for $160,000. According to our calculations, that's $136.52 per sqft. Prior to that sales transaction, the property was sold for $163,500 in May 30, 2003. Current property owners are expected to pay $2,624 in taxes per year. The property on 7603 Nicholas Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $253,300. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $183,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Mobile home
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 311
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,172
  • Gross Building Area: 1,346
  • Building Area: 1,172
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK PONDS 2ND ADDITION
  • Land Acres: 0.03
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T

Ownership

  • Current Owner : THOMPSON HEATHER P
  • Previous Owner : CENDANT MOBILITY GOVERNMENT FINANCIAL
  • Owner Before Previous Owner: THARIO LES C

Neighborhood

  • School District Name: Eastern Carver County Public Schools
  • School Tax School District: EASTERN CARVER
  • Census Tract: 090601

Geography

  • District: 6300
  • Parcel: 25-5640380
  • Block: 4
  • Lot: 8
  • Meridian: SEC 11 TWN 116N RNG 23W
  • Municipality: CITY OF CHANHASSEN
  • Latitude: 44.8655
  • Longitude: -93.5427

    Address

  • Full Address: 7603 Nicholas Way
  • Address - House Number: 7603
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Way
  • State: MN
  • City Name: Chanhassen
  • Carrier Code: R011
  • 4-Digit Zip Code: 7545
  • Zip Code: 55317

Valuation

    Tax

  • Total Area: 1,353
  • Tax Year: 2024
  • Tax Amount: $2,624
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 283,735
  • High Value: 323,819
  • Low Value: 243,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $89,000
  • First Open Lien Mortgage Lender: ALERUS FINANCIAL NA
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $89,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Market Valuation

  • Market Total Value: $253,300
  • Market Land Value: $70,000
  • Market Improvement Value: $183,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,300
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $183,300

    Sales

  • Current Sale Contract Date: May 30, 2003
  • Current Sale Recording Date: Jun 16, 2003
  • Current Sale Transaction ID: 11476726314
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 059347
  • Previous Sale Recording Date: Jun 16, 2003
  • Previous Sale Contract Date: May 30, 2003
  • Previous Sale Amount: $163,500
  • Previous Sale Document Type: Warranty Deed

About Chanhassen



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Nearby Rentals

Unit for rent at 1960 Commonwealth Boulevard, Chanhassen, MN, 55317

$2,475 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,964 ft²
1960 Commonwealth Boulevard #8, Chanhassen, MN, 55317 Listing by Riyaz Thadathil

Frequently Asked Questions

What neighborhood is 7603 Nicholas Way located in?
The 7603 Nicholas Way is a located in the neighborhood of Chanhassen in Chanhassen, Chanhassen.
What is the average sales price for listings in 7603 Nicholas Way?
The average sales price for units in 7603 Nicholas Way is $0 currently.

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