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7030 Lucy Ridge Ln

Chanhassen, MN 55317

5 bd 4 ba 4,683 sqft Built 2023 Lot 14,375 sqft single_family
Most recent sale
$325,000
Oct 19, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2024 Sold $1,733,009 NorthstarMLS
Oct 19, 2023 Listed $1,733,009 NorthstarMLS
Oct 19, 2023 Sold $325,000 Public Record
Dec 16, 2021 Sold $860,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $224,200 $270,000 $494,200 $5,286
2022 $183,300 $2,484
2021 $162,500 $162,500 $2,228

Property facts

Year built
2023
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
4,683 sqft
Lot size
14,375 sqft
ZIP code
55317
City
Chanhassen
Street
Lucy Ridge Ln
Coordinates
44.87784, -93.56690

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7030 Lucy Ridge Ln last sell?
7030 Lucy Ridge Ln most recently sold on Oct 19, 2023 for $325,000.
What is the current tax assessment for 7030 Lucy Ridge Ln?
The most recent total assessment for 7030 Lucy Ridge Ln (year 2025) is $494,200 with $5,286 in property tax.
How does 7030 Lucy Ridge Ln's assessment compare to its last sale price?
The current assessment is 52.1% above the last sale price of $325,000.
When was 7030 Lucy Ridge Ln built?
7030 Lucy Ridge Ln was built in 2023.
How does 7030 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 7030 Lucy Ridge Ln?
7030 Lucy Ridge Ln is a 5 bed, 4 bath, 4,683 sqft, 14,375 sqft lot single_family.
Is 7030 Lucy Ridge Ln a flip candidate?
Yes — 7030 Lucy Ridge Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7030 Lucy Ridge Ln a tax-appeal candidate?
No — 7030 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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