NOT LISTED FOR SALE

8507 Waters Edge Dr Chanhassen, MN 55317

Estimated Value: $960,000 - $1,056,000

5 Beds
4 Baths
5,058 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 8507 Waters Edge Dr, Chanhassen, MN 55317 and is currently estimated at $992,756, approximately $196 per square foot. 8507 Waters Edge Dr is a home located in Carver County with nearby schools including Chanhassen Elementary School, Pioneer Ridge Middle School, and Chanhassen High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Reich Allen M and Reich Rebecca W
Bought by
Reich Allen M and Reich Rebecca W
Current Estimated Value
$992,756

Purchase Details

Closed on
Nov 30, 2020
Sold by
Schultz Lynne M
Bought by
Reich Allen and Reich Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$600,951
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$391,805

Purchase Details

Closed on
Apr 25, 2018
Sold by
Schultz Gary R and Schultz Lynne M
Bought by
Schultz Gary R and Schultz Lynne M

Purchase Details

Closed on
Apr 1, 2013
Sold by
Schultz Gary R and Schultz Karen M
Bought by
Schultz Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1997
Sold by
Slathar Donald Arthur
Bought by
Schultz Karen M and Schultz Gary R
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
Reich Allen M -- None Available
Reich Allen $750,000 Results Title Inc
Schultz Gary R -- None Available
Schultz Gary R -- Tradition Title & Real Estat
Schultz Karen M $102,000 --
Payne Karen M $102,000 --
Reich Allen Allen $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reich Allen $675,000
Previous Owner Schultz Gary R $352,000
Closed Payne Karen M --
Closed Reich Allen Allen $675,000
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 $9,396 $892,200 $275,000 $617,200
2024 $9,092 $838,700 $265,000 $573,700
2023 $8,760 $819,400 $265,000 $554,400
2022 $8,754 $800,500 $252,000 $548,500
2021 $6,926 $590,700 $240,000 $350,700
2020 $6,898 $590,700 $240,000 $350,700
2019 $6,722 $543,000 $178,900 $364,100
2018 $6,772 $543,000 $178,900 $364,100
2017 $6,742 $533,500 $178,900 $354,600
2016 $8,096 $578,700 $0 $0
2015 $7,712 $569,200 $0 $0
2014 $7,712 $522,300 $0 $0
Source: Public Records

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