981 Lake Lucy Rd
Chanhassen, MN 55317
4 bd 3 ba 3,278 sqft Built 1991 Lot 15,246 sqft single_family
Most recent sale
$610,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $610,000 | MLS #6175588 |
| May 11, 2022 | Listed | $595,000 | MLS #6175588 |
| Sep 26, 2017 | Sold | $400,000 | MLS #4829385 |
| Jul 6, 2017 | Price changed | $409,900 | MLS #4829385 |
| Jun 16, 2017 | Price changed | $419,900 | MLS #4829385 |
| May 20, 2017 | Price changed | $429,900 | MLS #4829385 |
| May 12, 2017 | Listed | $439,900 | MLS #4829385 |
| Jul 8, 1991 | Sold | $35,500 | Public Record |
| Aug 15, 1990 | Sold | $35,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $402,800 | $160,000 | $562,800 | $6,136 |
| 2023 | $361,200 | $153,500 | $514,700 | $5,360 |
| 2022 | $310,600 | $127,900 | $438,500 | $5,568 |
| 2021 | $303,400 | $127,900 | $431,300 | $5,020 |
| 2020 | $303,400 | $127,900 | $431,300 | $5,062 |
| 2019 | $298,600 | $127,900 | $426,500 | $4,906 |
| 2018 | — | — | $406,800 | $4,708 |
| 2017 | — | — | $386,900 | $4,504 |
| 2016 | — | — | $362,600 | $4,362 |
| 2015 | — | — | $349,100 | $4,576 |
| 2014 | — | — | $365,600 | $4,234 |
| 2013 | — | — | $316,800 | $4,090 |
| 2012 | — | — | $306,000 | $3,958 |
| 2011 | — | — | $311,300 | $3,876 |
| 2010 | $229,500 | $97,500 | $327,000 | $3,540 |
| 2009 | $222,700 | $101,000 | $323,700 | $3,474 |
| 2008 | $227,200 | $101,000 | $328,200 | $3,476 |
| 2007 | $225,700 | $102,000 | $327,700 | $3,616 |
Property facts
Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,278 sqft
Lot size
15,246 sqft
ZIP code
55317
City
Chanhassen
Street
Lake Lucy Rd
Coordinates
44.88352, -93.54592
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,917
Gross rental yield
9.67%
Implied cap rate
6.29%
Trend-extrapolated value
—
Frequently asked questions
When did 981 Lake Lucy Rd last sell?
981 Lake Lucy Rd most recently sold on Aug 5, 2022 for $610,000.
What is the current tax assessment for 981 Lake Lucy Rd?
The most recent total assessment for 981 Lake Lucy Rd (year 2025) is $562,800 with $6,136 in property tax.
How does 981 Lake Lucy Rd's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $610,000.
When was 981 Lake Lucy Rd built?
981 Lake Lucy Rd was built in 1991.
How does 981 Lake Lucy Rd compare to others on Lake Lucy Rd?
We track 8 other properties on Lake Lucy Rd. Browse the list under "Other properties on Lake Lucy Rd" to compare beds, baths, and sale history.
What are the property facts for 981 Lake Lucy Rd?
981 Lake Lucy Rd is a 4 bed, 3 bath, 3,278 sqft, 15,246 sqft lot single_family.
Is 981 Lake Lucy Rd a flip candidate?
No — 981 Lake Lucy Rd does not appear in our flips dataset.
Is 981 Lake Lucy Rd a tax-appeal candidate?
No — 981 Lake Lucy Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$585.5K
2026 Q4
$590.4K
ZIP 55317 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Lucy Rd