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6995 Lucy Ridge Ln

Chanhassen, MN 55317

5 bd 5 ba 5,008 sqft Built 2022 Lot 15,028 sqft single_family
Most recent sale
$870,000
Feb 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2022 Sold $1,700,000 NorthstarMLS
May 16, 2022 Listed $1,699,900 MLS #6196580
Feb 16, 2022 Sold $870,000 Public Record
Jan 25, 2022 Listed $1,754,089 MLS #6145190

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,318,600 $374,500 $1,693,100 $20,346
2021 $162,500 $162,500 $2,228

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
5,008 sqft
Lot size
15,028 sqft
ZIP code
55317
City
Chanhassen
Street
Lucy Ridge Ln
Coordinates
44.87827, -93.56583

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,512
Gross rental yield
10.36%
Implied cap rate
6.73%
Trend-extrapolated value

Frequently asked questions

When did 6995 Lucy Ridge Ln last sell?
6995 Lucy Ridge Ln most recently sold on Feb 16, 2022 for $870,000.
What is the current tax assessment for 6995 Lucy Ridge Ln?
The most recent total assessment for 6995 Lucy Ridge Ln (year 2025) is $1,693,100 with $20,346 in property tax.
How does 6995 Lucy Ridge Ln's assessment compare to its last sale price?
The current assessment is 94.6% above the last sale price of $870,000.
When was 6995 Lucy Ridge Ln built?
6995 Lucy Ridge Ln was built in 2022.
How does 6995 Lucy Ridge Ln compare to others on Lucy Ridge Ln?
We track 8 other properties on Lucy Ridge Ln. Browse the list under "Other properties on Lucy Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 6995 Lucy Ridge Ln?
6995 Lucy Ridge Ln is a 5 bed, 5 bath, 5,008 sqft, 15,028 sqft lot single_family.
Is 6995 Lucy Ridge Ln a flip candidate?
Yes — 6995 Lucy Ridge Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 6995 Lucy Ridge Ln a tax-appeal candidate?
No — 6995 Lucy Ridge Ln 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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