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7671 Nicholas Way

7671 Nicholas Way, Chanhassen, MN 55317
Townhouse in Chanhassen
Sold Jun 30, 2020
$205,000
$201,286 by Bell Bank
Mortgage Due Jul 01, 2050
Sold May 10, 2018
$340,758
$126,000 by Klein Bank
Mortgage Due Jun 01, 2048
Local assessors in Chanhassen, MN have categorized 7671 Nicholas Way as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 1,307 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7671 Nicholas Way has a total of 1,172 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 250 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 311 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7671 Nicholas Way sold most recently in Jun 22, 2020 for a total of $205,000. If you work out the math, that's approximately a cost of $174.91 per sqft. Before that, the property was also sold for $340,758 in May 7, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,636 in taxes each year. 7671 Nicholas Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $254,600. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $184,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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 Type: Finished improved basement
  • Basement Area: 250
  • 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: 1,596
  • Building Area: 1,172
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • 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 : SWISHER KATELIN
  • Previous Owner : MOENCH CRAIG M
  • Previous Owner 2: MOENCH KELLI M
  • Owner Before Previous Owner: M I HOMES OF MINNEAPOLIS ST PAUL LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 6300
  • Parcel: 25-5640060
  • Block: 1
  • Lot: 6
  • Meridian: SEC 11 TWN 116N RNG 23W
  • Municipality: CITY OF CHANHASSEN
  • Latitude: 44.8643
  • Longitude: -93.5426

    Address

  • Full Address: 7671 Nicholas Way
  • Address - House Number: 7671
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Way
  • State: MN
  • City Name: Chanhassen
  • Carrier Code: R011
  • 4-Digit Zip Code: 7546
  • Zip Code: 55317

Valuation

    Tax

  • Total Area: 1,413
  • Tax Year: 2024
  • Tax Amount: $2,636
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.1243
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 291,732
  • High Value: 327,998
  • Low Value: 255,466

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,286
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $201,286
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $254,600
  • Market Land Value: $70,000
  • Market Improvement Value: $184,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,600
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $184,600

    Sales

  • Current Sale Contract Date: Jun 22, 2020
  • Current Sale Recording Date: Jun 30, 2020
  • Current Sale Transaction ID: 11784795058
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A699067
  • Previous Sale Recording Date: May 10, 2018
  • Previous Sale Contract Date: May 07, 2018
  • Previous Sale Amount: $340,758
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Jun 30, 2020
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: KLEIN BANK
  • Previous Mortgage Transaction Date: May 10, 2018
  • Previous Mortgage Loan Amount: $126,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

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 7671 Nicholas Way located in?
The 7671 Nicholas Way is a townhouse located in the neighborhood of Chanhassen in Chanhassen, Chanhassen.
What is the average sales price for listings in 7671 Nicholas Way?
The average sales price for units in 7671 Nicholas Way is $0 currently.

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