5412 Waters Edge Dr, Minnetonka (Hopkins), MN 55343 Property Records

Hennepin County property record for 5412 Waters Edge Dr, Minnetonka, MN 55343

Property Summary

Property Type	Townhouse
Details	3 bd · 3.5 ba · 1,857 sqft · built 1993
Lot Size	0.12 acres (5,227 sqft)
Owner	2 Individual Names on File
Last Sale	$652,500 (Dec 2022)
Tax Bill	$9,105 (2025)
Deeds & Mortgages	May 2018 Mortgage Dec 2022 Transfer + 1 more
Flood Zone	Zone X (minimal risk)
APN	`35-117-22-12-0040`

Property Details

APN / Parcel Number

Primary APN	`35-117-22-12-0040`

Interior

Bedrooms	3 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,857 sqft Living Area
Gross Area	3,235 sqft
1st Floor Area	1,857 sqft
Basement Area	1,378 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1993
Effective Year Built	Effective 2005
Architectural Style	Townhouse
Exterior Material	Wood
Construction Type	Frame
Roof Type	Gable
Roof Material	Wood
Lot Area	5,227 sqft (0.12 acres)
View / Lot	Lake
Garage Type	Attached
Garage Area	442 sqft
Deck Area	144 sqft
Patio Area	126 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C

Location & Zoning

Street Address	5412 WATERS EDGE DR
City	HOPKINS
State	MN
Zip	55343-4313
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Local Zoning Code	PUD
Legal Description	LOT 004 BLOCK 001 B WATERS EDGE 2ND ADDN IRREGULAR
Legal Range	22
Legal Township	117
Legal Section	35
Legal Quarter	12
Legal Subdivision	WATERS EDGE 2ND ADDN
Legal Block	1
Legal Lot Number	4
Jurisdiction	HENNEPIN MN
Township / Civil Division	MINNETONKA
Census Block Group	3
Census Block	3000
Census Tract	26104

Owner

5412 Waters Edge Dr, a townhouse, is owned and occupied by two individuals who acquired it in December 2022.

Source: Hennepin County records, as of June 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	5412 WATERS EDGE DR, HOPKINS, MN 55343-4313
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 22, 2018	Deed of Trust, Mortgage · ARM FAIRWAY INDEPENDENT MORTGAGE CORP
Dec 29, 2022	Transfer on Death Deed, Transfer
Dec 1, 2022	Deed, Transfer · Line of Credit TRUSTONE FINANCIAL CU

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 1, 2022 · Amount on File
Deed Sale	Dec 1, 2022 · Amount on File
Deed Document Number	20225988273
Last Transfer Date	Dec 27, 2022
Transfer Doc	00T5992825
Record Updated	Sep 20, 2026

May 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	5412 WATERS EDGE DR, MINNETONKA, MN 55343-4313
Transaction Type	Mortgage
Record Updated	Mar 9, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0T05532669
Date	May 22, 2018
Instrument	T05532669

Lender

Name	FAIRWAY INDEPENDENT MORTGAGE CORP
Type	Mortgage Company
Address	CARROLLTON, TX 75007

Agreement

Type	ARM
Amount	Amount on Record
Term	361 Months
Due	Jun 1, 2048

Interest

Rate Type	Adjustable Rate
Rate	3.87%
Type Change Date	Jun 1, 2028
Change Frequency	Annually
Min Rate At Change	2.25%
Max Rate At Change	8.87%
Index	1-Year LIBOR
Max Rate	8.87%

December 2022: Transfer on Death Deed, Transfer

Document Type	Transfer on Death Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 29, 2022
Property Address	5412 WATERS EDGE DR, MINNETONKA, MN 55343-4313
Document Number	00T5992825
Instrument Date	Dec 27, 2022
Instrument	T5992825
Transaction Type	Transfer
Record Updated	Mar 9, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

December 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	HENNEPIN MN
Recording Date	Dec 1, 2022
Property Address	5412 WATERS EDGE DR, MINNETONKA, MN 55343-4313
Document Number	00T5988273
Instrument Date	Nov 28, 2022
Instrument	T5988273
Transaction Type	Transfer
Record Updated	Mar 9, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,103.75
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	5412 WATERS EDGE DR, MINNETONKA, MN 55343-4313

Mortgage

Document Number	00T5991793
Date	Dec 21, 2022
Instrument	T5991793

Lender

Name	TRUSTONE FINANCIAL CU
Type	Credit Union
Address	MINNEAPOLIS, MN 55447

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	120 Months
Due	Dec 20, 2032

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

The 2025 property tax bill for 5412 Waters Edge Dr was $9,105, up 10.2% from the year before.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Minnetonka City
Unified School District	Hopkins Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$9,105.00 (+10.15%)	$669,000 (+4.09%) Land $110,000 Building $559,000	$669,000 (+4.09%) Land $110,000 Building $559,000
2024	$8,266.00 (+1.16%)	$642,700 Land $110,000 Building $532,700	$642,700 Land $110,000 Building $532,700
2023	$8,171.00 Homeowner's exemption
2022		$664,200 Land $110,000 Building $554,200	$664,200 Land $110,000 Building $554,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 5412 Waters Edge Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 5412 Waters Edge Dr has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Minnetonka serves 54,474 people · EPA ID MN1270031
Water Source	Groundwater
Last State Inspection	Feb 2025
Lead	Under 1 ppb (2023) action level 15 ppb
Copper	1.4 mg/L (2017–2019) action level 1.3 mg/L

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 369 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
CenturyLink DSL	140 / 20
AT&T Fixed Wireless	100 / 20

May also be available: Intrepid Fiber Networks.

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