NOT LISTED FOR SALE

508 Whitewater Way Elgin, MN 55932

Estimated Value: $304,000 - $369,467

4 Beds
3 Baths
2,463 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $315,000 $128 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,219/month

About This Home

As of November 2022

A fantastic opportunity available to live in a quiet, cohesive neighborhood that’s activated by the playground just steps away, yet offers ample privacy with no neighbors directly behind the home. The fully fenced yard showcases beautiful midwest views while you entertain and cook on the deck - which features a direct gas line to the grill. Spacious and open interior features a cozy gas fireplace, gleaming hardwood floors and numerous upgrades: newer water heater and softener, reverse osmosis water system was installed, updated gutters, and you can’t forget the new Air conditioner and furnace with humidifier! Main floor laundry and huge 3 car garage are added bonuses. Truly a move-in ready property ready for years of enjoyment!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 18, 2022
Sold by
Palmer Karen
Bought by
Jech Alexander and Shindelar Katrina
Seller's Agent
Beth Nordaune
Real Broker, LLC.
Buyer's Agent
Robin Gwaltney
Re/Max Results
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$340,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,644
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Dec 7, 2020
Sold by
Hammett Ashley and Hammett Eli
Bought by
Palmer Karen

Purchase Details

Closed on
Jun 21, 2019
Sold by
Jewett Victoria L
Bought by
Hammett Eli and Hammett Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Gratz Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,100
Interest Rate
7.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jech Alexander $315,000 --
Palmer Karen $257,500 Rochester Title & Escrow Co
Hammett Eli $235,000 Rochester Title & Escrow Co
Gratz Victoria L $139,500 None Available
Palmer Karen Karen $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammett Eli $223,250
Previous Owner Jewett Vicitoria L $144,500
Previous Owner Jewett Victoria L $10,000
Previous Owner Gratz Victoria $15,100
Previous Owner Gratz Victoria L $134,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $315,000 0.0% $128 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $315,000 -- $128 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,050 $334,600 $50,000 $284,600
2024 $4,050 $313,400 $50,000 $263,400
2023 $3,518 $312,000 $50,000 $262,000
2022 $3,114 $271,700 $50,000 $221,700
2021 $3,124 $222,400 $40,000 $182,400
2020 $2,898 $220,300 $40,000 $180,300
2019 $2,842 $205,200 $35,000 $170,200
2018 $2,422 $196,800 $35,000 $161,800
2017 $2,636 $178,900 $31,000 $147,900
2016 $2,546 $0 $0 $0
2015 $2,546 $0 $0 $0
2012 $2,514 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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