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8541 Mission Hills Lane

8541 Mission Hills Lane, Chanhassen, MN 55317
Property in Chanhassen
Sold Aug 31, 2011
$321,500
$301,990 by Summit Mortgage Corp
Mortgage Due Sep 01, 2041
Sold May 20, 1998
$251,414
Local assessors in Chanhassen, MN have categorized 8541 Mission Hills Lane as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 21,344 square feet. 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, 4 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 are 3 full bathrooms. There are also 3 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 8541 Mission Hills Lane has a total of 2,296 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 640 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8541 Mission Hills Lane was last sold in Jun 9, 2011 for $321,500. According to our calculations, that's $140.03 per sqft. Prior to that sales transaction, the property was sold for $251,414 in Jan 12, 1998. Current property owners are expected to pay $7,086 in taxes per year. The property on 8541 Mission Hills Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $614,400. To break that down further, the land itself was valued at $165,000. While improvements to the property were assessed at a total of $449,400. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1998
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • 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: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 940
  • Garage Type: Attached
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 2,296
  • Gross Building Area: 3,192
  • Building Area: 2,296
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MISSION HILLS
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DRAEGER BRUCE A
  • Current Owner 2: HOLTZLEICER DRAEGER KRISTINA L
  • Previous Owner : STEIN LAWRENCE D
  • Previous Owner 2: STEIN NANCY E
  • Owner Before Previous Owner: OAKRIDGE BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eastern Carver County Public Schools
  • School Tax School District: EASTERN CARVER
  • Census Tract: 090704

Geography

  • District: 6300
  • Parcel: 25-5300230
  • Block: 2
  • Lot: 4
  • Meridian: SEC 13 TWN 116N RNG 23W
  • Municipality: CITY OF CHANHASSEN
  • Latitude: 44.849
  • Longitude: -93.5318

    Address

  • Full Address: 8541 Mission Hills Ln
  • Address - House Number: 8541
  • Address - Street Name: Mission Hills
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Chanhassen
  • Carrier Code: R009
  • 4-Digit Zip Code: 7713
  • Zip Code: 55317

Valuation

    Tax

  • Total Area: 2,881
  • Tax Year: 2024
  • Tax Amount: $7,086
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 656,725
  • High Value: 745,981
  • Low Value: 567,468

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,990
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 31, 2011
  • First Open Lien Mortgage Loan Amount: $301,990
  • 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: Sep 01, 2041

    Market Valuation

  • Market Total Value: $614,400
  • Market Land Value: $165,000
  • Market Improvement Value: $449,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $614,400
  • Assessed Land Value: $165,000
  • Assessed Improvements Value: $449,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2011
  • Current Sale Recording Date: Aug 31, 2011
  • Current Sale Transaction ID: 11476723911
  • Current Sale Price: $321,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 079655
  • Previous Sale Recording Date: May 20, 1998
  • Previous Sale Contract Date: Jan 12, 1998
  • Previous Sale Amount: $251,414
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 31, 2011
  • First Mortgage Loan Amount: $301,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2041

About Chanhassen



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Frequently Asked Questions

What neighborhood is 8541 Mission Hills Lane located in?
The 8541 Mission Hills Lane is a located in the neighborhood of Chanhassen in Chanhassen, Chanhassen.
What is the average sales price for listings in 8541 Mission Hills Lane?
The average sales price for units in 8541 Mission Hills Lane is $0 currently.

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