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1321 Lake Dr

Chanhassen, MN 55317

2 bd 2 ba 992 sqft Built 2001 Lot 1,002 sqft condos
Most recent sale
$205,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $205,000 MLS #6182342
May 5, 2022 Listed $193,500 MLS #6182342
Jul 24, 2012 Sold $115,000 MLS #4149940
Jun 23, 2012 Price changed $114,900 MLS #4149940
May 7, 2012 Listed $117,900 MLS #4149940
Jun 13, 2011 Listing removed $109,500 NorthstarMLS
Jun 9, 2010 Sold $104,000 MLS #3923513
May 10, 2010 Listed $109,500 MLS #3923513
Nov 3, 2009 Listed $121,500 MLS #3852975

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $124,700 $1,526
2019 $124,700 $1,386
2018 $106,700 $1,344
2017 $100,300 $1,412
2016 $100,700 $1,260
2015 $85,600 $1,056
2014 $74,200 $1,012
2013 $63,500 $1,054
2012 $63,100 $1,508
2011 $73,900 $27,500 $101,400 $1,404
2010 $71,900 $28,500 $100,400 $892
2009 $50,200 $18,300 $68,500 $948
2008 $56,300 $18,300 $74,600 $958
2007 $55,200 $5,300 $60,500 $944

Property facts

Year built
2001
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
992 sqft
Lot size
1,002 sqft
ZIP code
55317
City
Chanhassen
Street
Lake Dr
Coordinates
44.85461, -93.55284

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
$1,488
Gross rental yield
8.71%
Implied cap rate
5.66%
Trend-extrapolated value

Frequently asked questions

When did 1321 Lake Dr last sell?
1321 Lake Dr most recently sold on Jun 3, 2022 for $205,000.
What is the current tax assessment for 1321 Lake Dr?
The most recent total assessment for 1321 Lake Dr (year 2020) is $124,700 with $1,526 in property tax.
How does 1321 Lake Dr's assessment compare to its last sale price?
The current assessment is 39.2% below the last sale price of $205,000.
When was 1321 Lake Dr built?
1321 Lake Dr was built in 2001.
How does 1321 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 1321 Lake Dr?
1321 Lake Dr is a 2 bed, 2 bath, 992 sqft, 1,002 sqft lot condos.
Is 1321 Lake Dr a flip candidate?
No — 1321 Lake Dr does not appear in our flips dataset.
Is 1321 Lake Dr a tax-appeal candidate?
No — 1321 Lake Dr 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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