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1956 Commonwealth Blvd

Chanhassen, MN 55317

3 bd 3 ba 1,816 sqft Built 2012 Lot 1,176 sqft condos
Most recent sale
$345,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $345,000 MLS #6167143
Mar 28, 2022 Listed $310,000 MLS #6167143
Oct 12, 2018 Sold $249,900 MLS #4953584
Sep 28, 2018 Sold $249,900 MLS #4953584
Jul 25, 2018 Listed $249,900 MLS #4953584
Sep 16, 2015 Sold $228,000 MLS #4576378
Aug 3, 2015 Sold $228,000 Public Record
Mar 25, 2015 Listed $245,000 MLS #4576378

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,200 $65,000 $299,200 $3,116
2020 $216,000 $2,568
2019 $197,000 $2,464
2018 $178,300 $2,302
2017 $162,600 $2,212
2016 $151,700 $2,142
2015 $160,200 $2,172
2014 $135,400 $2,048
2013 $13,200 $222

Property facts

Year built
2012
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,816 sqft
Lot size
1,176 sqft
ZIP code
55317
City
Chanhassen
Street
Commonwealth Blvd
Coordinates
44.83154, -93.57162

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,724
Gross rental yield
9.47%
Implied cap rate
6.16%
Trend-extrapolated value

Frequently asked questions

When did 1956 Commonwealth Blvd last sell?
1956 Commonwealth Blvd most recently sold on Apr 29, 2022 for $345,000.
What is the current tax assessment for 1956 Commonwealth Blvd?
The most recent total assessment for 1956 Commonwealth Blvd (year 2025) is $299,200 with $3,116 in property tax.
How does 1956 Commonwealth Blvd's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $345,000.
When was 1956 Commonwealth Blvd built?
1956 Commonwealth Blvd was built in 2012.
How does 1956 Commonwealth Blvd compare to others on Commonwealth Blvd?
We track 8 other properties on Commonwealth Blvd. Browse the list under "Other properties on Commonwealth Blvd" to compare beds, baths, and sale history.
What are the property facts for 1956 Commonwealth Blvd?
1956 Commonwealth Blvd is a 3 bed, 3 bath, 1,816 sqft, 1,176 sqft lot condos.
Is 1956 Commonwealth Blvd a flip candidate?
No — 1956 Commonwealth Blvd does not appear in our flips dataset.
Is 1956 Commonwealth Blvd a tax-appeal candidate?
No — 1956 Commonwealth Blvd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$585.5K
2026 Q4
$590.4K
ZIP 55317 — Median Price History + Forecast

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