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8040 Erie Ave

Chanhassen, MN 55317

4 bd 2 ba 2,503 sqft Built 1977 Lot 11,718 sqft single_family
Most recent sale
$425,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $425,000 MLS #6231866
Jul 7, 2022 Listed $425,000 MLS #6231866
Jun 25, 2022 Price changed $425,000 MLS #6183507
May 31, 2022 Listed $440,000 MLS #6183507

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $293,900 $4,002
2019 $293,900 $3,922
2018 $271,300 $3,676
2017 $241,400 $3,724
2016 $231,100 $3,982
2015 $240,600 $3,790
2014 $232,600 $3,662
2013 $198,300 $3,862
2012 $201,800 $4,176
2011 $229,300 $4,352
2010 $162,800 $92,600 $255,400 $3,284
2009 $169,400 $98,700 $268,100 $3,280
2008 $174,800 $98,700 $273,500 $3,326
2007 $177,400 $90,400 $267,800 $3,276

Property facts

Year built
1977
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,503 sqft
Lot size
11,718 sqft
ZIP code
55317
City
Chanhassen
Street
Erie Ave
Coordinates
44.85731, -93.52573

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
$3,755
Gross rental yield
10.60%
Implied cap rate
6.89%
Trend-extrapolated value

Frequently asked questions

When did 8040 Erie Ave last sell?
8040 Erie Ave most recently sold on Sep 15, 2022 for $425,000.
What is the current tax assessment for 8040 Erie Ave?
The most recent total assessment for 8040 Erie Ave (year 2020) is $293,900 with $4,002 in property tax.
How does 8040 Erie Ave's assessment compare to its last sale price?
The current assessment is 30.8% below the last sale price of $425,000.
When was 8040 Erie Ave built?
8040 Erie Ave was built in 1977.
How does 8040 Erie Ave compare to others on Erie Ave?
We track 8 other properties on Erie Ave. Browse the list under "Other properties on Erie Ave" to compare beds, baths, and sale history.
What are the property facts for 8040 Erie Ave?
8040 Erie Ave is a 4 bed, 2 bath, 2,503 sqft, 11,718 sqft lot single_family.
Is 8040 Erie Ave a flip candidate?
No — 8040 Erie Ave does not appear in our flips dataset.
Is 8040 Erie Ave a tax-appeal candidate?
No — 8040 Erie Ave 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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