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7229 Purple Pkwy

Chanhassen, MN 55317

5 bd 4 ba 3,918 sqft Built 2022 Lot 8,276 sqft single_family
Most recent sale
$774,990
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $774,990 MLS #6140377
Jan 8, 2022 Listing removed $779,990 NorthstarMLS
Jan 8, 2022 Listed $774,990 MLS #6140377
Dec 28, 2021 Price changed $779,990 MLS #6134937
Dec 15, 2021 Listed $784,990 MLS #6134937
Dec 14, 2021 Listing removed $779,990 NorthstarMLS
Oct 29, 2021 Listed $779,990 MLS #6121745
Oct 26, 2021 Listing removed $788,990 NorthstarMLS
Sep 24, 2021 Listed $788,990 MLS #6105331

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $537,900 $230,000 $767,900 $8,516
2023 $293,100 $228,000 $521,100 $5,356
2022 $185,000 $185,000 $2,610
2021 $125,000 $125,000 $1,710

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,918 sqft
Lot size
8,276 sqft
ZIP code
55317
City
Chanhassen
Street
Purple Pkwy
Coordinates
44.87324, -93.57294

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
$5,877
Gross rental yield
9.10%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 7229 Purple Pkwy last sell?
7229 Purple Pkwy most recently sold on Feb 28, 2022 for $774,990.
What is the current tax assessment for 7229 Purple Pkwy?
The most recent total assessment for 7229 Purple Pkwy (year 2025) is $767,900 with $8,516 in property tax.
How does 7229 Purple Pkwy's assessment compare to its last sale price?
The current assessment is 0.9% below the last sale price of $774,990.
When was 7229 Purple Pkwy built?
7229 Purple Pkwy was built in 2022.
How does 7229 Purple Pkwy compare to others on Purple Pkwy?
We track 8 other properties on Purple Pkwy. Browse the list under "Other properties on Purple Pkwy" to compare beds, baths, and sale history.
What are the property facts for 7229 Purple Pkwy?
7229 Purple Pkwy is a 5 bed, 4 bath, 3,918 sqft, 8,276 sqft lot single_family.
Is 7229 Purple Pkwy a flip candidate?
No — 7229 Purple Pkwy does not appear in our flips dataset.
Is 7229 Purple Pkwy a tax-appeal candidate?
No — 7229 Purple Pkwy 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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