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7703 Nicholas Way

7703 Nicholas Way, Chanhassen, MN 55317
Property in Chanhassen
Sold Oct 15, 2021
$224,000
$212,800 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
Sold Mar 08, 2011
$10,000
7703 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 1994 and is 30 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, 7703 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. The property was last sold in Oct 8, 2021 for $224,000. That's $191.13 per sqft. Prior to that sales transaction, the property was also sold in Feb 14, 2011 for $10,000. 7703 Nicholas Way was last assessed in 2023. The total value of the property was assessed at $257,500. Specifically, the land the property is located on was valued at $70,000. While improvements on the property were assessed at a total of $187,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,546. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

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 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
  • Land Acres: 0.03
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T

Ownership

  • Current Owner : LE TRACY
  • Previous Owner : CARROLL BRIAN P
  • Previous Owner 2: CARROLL CYNTHIA M
  • Owner Before Previous Owner: PFANSTIEL DOUGLAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

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

Geography

  • District: 6300
  • Parcel: 25-5630380
  • Block: 5
  • Lot: 6
  • Meridian: SEC 11 TWN 116N RNG 23W
  • Municipality: CITY OF CHANHASSEN
  • Latitude: 44.8644
  • Longitude: -93.5436

    Address

  • Full Address: 7703 Nicholas Way
  • Address - House Number: 7703
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Way
  • State: MN
  • City Name: Chanhassen
  • Carrier Code: R011
  • 4-Digit Zip Code: 7542
  • Zip Code: 55317

Valuation

    Tax

  • Total Area: 1,376
  • Tax Year: 2024
  • Tax Amount: $2,546
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.1369
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 279,818
  • High Value: 318,150
  • Low Value: 241,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,800
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $212,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $257,500
  • Market Land Value: $70,000
  • Market Improvement Value: $187,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,500
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $187,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11868373897
  • Current Sale Price: $224,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A735109
  • Previous Sale Recording Date: Mar 08, 2011
  • Previous Sale Contract Date: Feb 14, 2011
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $212,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Chanhassen



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 7703 Nicholas Way located in?
The 7703 Nicholas Way is a located in the neighborhood of Chanhassen in Chanhassen, Chanhassen.
What is the average sales price for listings in 7703 Nicholas Way?
The average sales price for units in 7703 Nicholas Way is $0 currently.

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