550 Cherry Dr, Waconia, MN 55387 Property Records

Carver County property record for 550 Cherry Dr, Waconia, MN 55387

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	12,398 sqft · built 2007
Lot Size	2.84 acres (124,102 sqft)
Owner	Company Name on File
Last Sale	$5,100,000 (Sep 2019)
Tax Bill	$97,198 (2026)
Deeds & Mortgages	Sep 2019 Mortgage Sep 2019 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`75-1190030`

Property Details

APN / Parcel Number

Primary APN	`75-1190030`

Interior

Building Area	12,398 sqft Heated Area
Gross Area	15,470 sqft
1st Floor Area	15,470 sqft

Exterior

Year Built	Built 2007
Effective Year Built	Effective 2007
Exterior Material	Concrete Block
Lot Area	124,102 sqft (2.84 acres)
Total Buildings	3 Buildings

Location & Zoning

Street Address	550 CHERRY DR
City	WACONIA
State	MN
Zip	55387-4578
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Legal Description	SECTION 23 TOWNSHIP 116 RANGE 025 CHERRY STREET DEVELOPMENT LOT 003 BLOCK 001
Legal Range	025
Legal Township	116
Legal Section	23
Legal Subdivision	CHERRY STREET DEVELOPMENT
Legal Block	1
Legal Lot Number	3
Jurisdiction	CARVER MN
Township / Civil Division	WACONIA
Census Block Group	3
Census Block	3012
Census Tract	90303

Owner

550 Cherry Dr, a commercial property, is owned by a company that bought it in September 2019.

Source: Carver County records, as of August 14, 2026

Owner of Record	Company Name on File
Mailing Address	7932 ORCHID LN N, MAPLE GROVE, MN 55311-2186
Owner Type	Company
Vesting	Company

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
Sep 17, 2019	Deed of Trust, Mortgage MIDCOUNTRY BK
Sep 27, 2019	Warranty Deed, Construction Loan MIDCOUNTRY BK
Sep 27, 2019	Warranty Deed, Transfer · Commercial Mortgage MIDCOUNTRY BANK
Apr 5, 2019	Deed of Trust, Mortgage CITY OF WACONIA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 27, 2019 · Amount on File
Deed Sale	Sep 27, 2019 · Amount on File
Prior Sale	Dec 15, 2006 · Amount on File
Deed Document Number	2019683737
Record Updated	Sep 20, 2026

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CARVER MN
Property Address	550 CHERRY DR, WACONIA, MN 55387-4578
Document Number	0000683738
Instrument Date	Sep 17, 2019
Transaction Type	Mortgage
Record Updated	Oct 22, 2019
Title Company	ANCONA TITLE, ANCONA TITLE & ESCROW

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	8412 KREY LAKE CT VICTORIA MN 553862701, VICTORIA, MN 55386-2701

Mortgage

Document Number	0000683738
Date	Sep 27, 2019
Instrument	683738

Lender

Name	MIDCOUNTRY BK
Type	Bank
Address	7825 WASHINTON AVE S # 120, BLOOMINGTON, MN 55439

Agreement

Amount	Amount on Record
Term	120 Months
Due	Sep 26, 2029

September 2019: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	CARVER MN
Recording Date	Sep 27, 2019
Property Address	550 CHERRY DR, WACONIA, MN 55387-4578
Document Number	0000683737
Instrument Date	Sep 17, 2019
Instrument	683737
Transaction Type	Construction Loan
Record Updated	Nov 28, 2019
Title Company	ANCONA TITLE, ANCONA TITLE & ESCROW

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$16,830.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	7932 ORCHID LN N MAPLE GROVE MN 553112186, MAPLE GROVE, MN 55311-2186

Mortgage

Document Number	683738
Date	Sep 27, 2019
Instrument	683738

Lender

Name	MIDCOUNTRY BK
Type	Bank
Address	7825 WASHINTON AVE S # 120, BLOOMINGTON, MN 55439

Agreement

Amount	Amount on Record
Term	120 Months
Due	Sep 26, 2029

Mortgage

Document Number	683739,
Date	Sep 27, 2019
Instrument	683739

Lender

Name	MIDCOUNTRY BK FSB
Type	Federal Savings Bank
Address	7825 WASHINGTON AVE S # 120, MINNEAPOLIS, MN 55439-2431

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	12 Months
Due	Sep 26, 2020

September 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CARVER MN
Recording Date	Sep 27, 2019
Property Address	550 CHERRY DR, WACONIA, MN 55387-4578
Document Number	000A683737
Map Reference	DOC A455596
Instrument Date	Sep 17, 2019
Instrument	A683737
Transaction Type	Transfer
Record Updated	May 10, 2021
Title Company	ANCONA TITLE AND ESCROW

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$16,830.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7932 ORCHID LN N, MAPLE GROVE, MN 55311-2186

Mortgage

Document Number	000A683738
Date	Sep 27, 2019
Instrument	A683738

Lender

Name	MIDCOUNTRY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	120 Months
Due	Sep 17, 2029

April 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CARVER MN
Property Address	550 CHERRY DR, WACONIA, MN 55387-4578
Document Number	0000677249
Instrument Date	Apr 5, 2019
Transaction Type	Mortgage
Record Updated	Jun 28, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	5529 MORGAN AVE S MINNEAPOLIS MN 554191522, MINNEAPOLIS, MN 55419-1522

Mortgage

Document Number	0000677249
Date	May 21, 2019
Instrument	677249

Lender

Name	CITY OF WACONIA
Address	201 S VINE ST, WACONIA, MN 55387-1337

Agreement

Amount	Amount on Record
Term	60 Months
Due	May 20, 2024

Tax Assessment & Valuation

The 2026 property tax bill for 550 Cherry Dr was $97,198.

Source: Carver County assessment roll, as of August 14, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Carver County
Municipality	Waconia City
Unified School District	Waconia Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$97,198.00	$3,270,800 (+2.68%) Land $1,365,600 Building $1,905,200	$3,270,800 (+2.68%) Land $1,365,600 Building $1,905,200
2025		$3,185,500 (-16.08%) Land $1,365,600 Building $1,819,900	$3,185,500 (-16.08%) Land $1,365,600 Building $1,819,900
2024	$107,542.00 (-0.68%)	$3,795,800 (+3.07%) Land $1,365,600 Building $2,430,200	$3,795,800 (+3.07%) Land $1,365,600 Building $2,430,200
2023	$108,276.00	$3,682,600 Land $1,241,500 Building $2,441,100	$3,682,600 Land $1,241,500 Building $2,441,100

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

Flood

FEMA maps place 550 Cherry Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective November 23, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 550 Cherry Dr is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 98% of the US · lower than 92% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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	Waconia serves 13,277 people · EPA ID MN1100010
Water Source	Groundwater
Last State Inspection	Dec 2024
Lead	10 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 188 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable	1,000 / 50
GigFire Fixed Wireless	150 / 130
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, Nuvera Communications, Verizon.

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