NOT LISTED FOR SALE

7431 Shannon Dr Edina, MN 55439

Dewey Hill Neighborhood

Estimated Value: $1,506,000 - $1,850,000

4 Beds
5 Baths
6,914 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 7431 Shannon Dr, Edina, MN 55439 and is currently estimated at $1,729,538, approximately $250 per square foot. 7431 Shannon Dr is a home located in Hennepin County with nearby schools including Creek Valley Elementary School, Valley View Middle School, and Edina High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Mach John R and Mach Rebecca Hueler
Bought by
Loftin Ryan W and Loftin Laura K
Current Estimated Value
$1,729,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Outstanding Balance
$1,038,974
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$672,137

Purchase Details

Closed on
May 3, 2004
Sold by
Mcnamara Sharon L
Bought by
Mach John R and Mach Rebecca Hueler
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Loftin Ryan W $1,450,000 Burnet Title
Mach John R $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftin Ryan W $1,160,000
Previous Owner Mach John R $300,000
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
2023 $20,921 $1,533,200 $528,500 $1,004,700
2022 $18,651 $1,447,000 $486,500 $960,500
2021 $15,237 $1,289,700 $371,000 $918,700
2020 $15,513 $1,066,800 $353,500 $713,300
2019 $15,053 $1,066,400 $350,000 $716,400
2018 $14,699 $1,038,700 $350,200 $688,500
2017 $15,021 $994,000 $340,000 $654,000
2016 $15,254 $994,000 $340,000 $654,000
2015 $14,814 $1,004,000 $350,000 $654,000
2014 -- $943,900 $430,900 $513,000
Source: Public Records

Map

Minnesota Hennepin County Edina 55439 Dewey Hill

7431 Shannon Dr, Edina, MN

This home is located at 7431 Shannon Dr, Edina, MN 55439 and is currently estimated at $1,729,538, approximately $250 per square foot. 7431 Shannon Dr is a home located in Hennepin County with nearby schools including Creek Valley Elementary School, Valley View Middle School, and Edina High School.

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