NOT LISTED FOR SALE

5518 Edgewater Dr Savage, MN 55378

Estimated Value: $794,000 - $817,000

5 Beds
5 Baths
3,020 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 5518 Edgewater Dr, Savage, MN 55378 and is currently estimated at $805,527, approximately $266 per square foot. 5518 Edgewater Dr is a home located in Scott County with nearby schools including Redtail Ridge Elementary School, Hidden Oaks Middle School, and Twin Oaks Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Mccormick Ryan and Mccormick Shannon
Bought by
Schutz Jacob and Schutz Andera
Current Estimated Value
$805,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$452,761
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$352,766

Purchase Details

Closed on
Dec 4, 2015
Sold by
Jms Custom Homes Llc
Bought by
Mccormick Ryan and Mccormick Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,150
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2015
Sold by
River Credit Llc
Bought by
Homestead Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.82%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Schutz Jacob $645,000 Edina Realty Title Inc
Mccormick Ryan $703,354 Custom Home Bldrs Title
Jms Custom Homes Llc -- Custom Home Bldrs Title
Homestead Partners Llc $150,000 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schutz Jacob $510,400
Previous Owner Jms Custom Homes Llc $35,150
Previous Owner Mccormick Ryan $527,250
Previous Owner Homestead Partners Llc $225,000
Source: Public Records

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 $8,534 $757,300 $199,300 $558,000
2024 $8,298 $754,500 $195,300 $559,200
2023 $8,054 $735,700 $189,600 $546,100
2022 $7,870 $732,100 $172,400 $559,700
2021 $7,648 $619,900 $136,700 $483,200
2020 $7,994 $584,300 $110,300 $474,000
2019 $7,750 $591,700 $173,600 $418,100
2018 $8,512 $0 $0 $0
2016 $2,464 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Minnesota Scott County Savage 55378

5518 Edgewater Dr, Savage, MN

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