NOT LISTED FOR SALE

1115 Madison St S Shakopee, MN 55379

Estimated Value: $349,033 - $386,000

4 Beds
2 Baths
1,900 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 10, 2013

Last sale price $170,000 $89 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,205/month

88 Days on Market

Highlights

  • Deck
  • Community Garden
  • Eat-In Kitchen
  • Shakopee Senior High School Rated A-
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of June 2013

Nice home with apt in Lower level. Rents for $975/mo. Live in lower unit and have most of your mortgage covered in the rent from the Upper Level - or convert back to a 1 family home once lease is up. Great opportunity!

Last Agent to Sell the Property

Ronald Siefert

Edina Realty, Inc. Listed on: 01/03/2013

Last Buyer's Agent

Chance Lindsey

Keller Williams Integrity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,288

Year Built

  • 1967

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 76x130

Home Design

  • Bi-Level Home
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • Combination Kitchen and Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Deck
  • Window Unit Cooling System

Community Details

  • Community Garden
  • Community Deck or Porch
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 270241040

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,288

Year Built

1967

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 10
  • Construction: Previously Owned
  • Foundation Size: 1000
  • Parcel Number: 270241040
  • Projected Closed Date: 06/10/2013
  • Stories: Bi-Level Split
  • Taxes With Assessments: 2354
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x7, On Level: Upper
  • Room 3: Family Room, 13x18, On Level: Lower
  • Room 4: Kitchen, 11x18, On Level: Upper
  • Room 5: Bedroom, 11x11, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 10x13, On Level: Lower
  • Room 8: Bedroom, 10x11, On Level: Lower
  • Room 9: Deck, 12x12, On Level: Upper
  • Room 10: Kitchen, 10x11, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1000
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 1900

Exterior Features

  • Exterior: Fiber Board, Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned, Common Garden, Deck

Schools

  • School District: Shakopee #720

Lot Info

  • Estimated Lot Dimensions: 76x130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
Ih2 Property Illinois Lp
Current Estimated Value
$364,258

Purchase Details

Closed on
Apr 10, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015-2 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,686,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 3, 2013
Closed on
Jun 10, 2013
Sold by
Kern Heather M and Kern Paul J
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Ronald Siefert
Edina Realty, Inc.
Buyer's Agent
Chance Lindsey
Keller Williams Integrity Realty
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Callquist John C and Callquist Bernice A
Bought by
Kern Paul N and Kern Heather M
Source: Public Records

Range of Values:

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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
Ih2 Property Illinois Lp -- None Available
Ih2 Property Illinois Lp -- Os National Llc
2015-2 Ih2 Borrower Lp -- Fidelity Natl Title Group
Ih2 Property Illinois Lp $170,000 Network Title
Kern Paul N $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2015-2 Ih2 Borrower Lp $636,686,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2013 06/10/13 Sold $170,000 -10.5% $89 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $189,900 -- $100 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,288 $321,000 $175,300 $145,700
2024 $3,274 $311,600 $170,100 $141,500
2023 $3,418 $305,600 $166,800 $138,800
2022 $3,366 $314,000 $166,800 $147,200
2021 $3,160 $264,900 $136,000 $128,900
2020 $3,436 $245,400 $116,500 $128,900
2019 $2,962 $228,000 $102,000 $126,000
2018 $2,748 $0 $0 $0
2016 $2,570 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ronald Siefert

    Edina Realty, Inc.

  • C

    Buyer's Agent in 2013

    Chance Lindsey

    Keller Williams Integrity Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4427354

REALTOR® Association of Southern Minnesota

APN: 27-024-104-0

Minnesota Scott County Shakopee 55379

1115 Madison St S, Shakopee, MN

This home is located at 1115 Madison St S, Shakopee, MN 55379 since 03 January 2013 and is currently estimated at $364,258, approximately $191 per square foot. This property was built in 1967. 1115 Madison St S is a home located in Scott County with nearby schools including Sweeney Elementary School, East Middle School, and Shakopee Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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