NOT LISTED FOR SALE

1281 Shakopee Ave E Shakopee, MN 55379

Estimated Value: $299,000 - $634,000

4 Beds
2 Baths
1,610 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $299,000 $186 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,426/month

3 Days on Market

About This Home

As of March 2023

***Highest and best by 8:00 pm on Friday 2-3-23***One hour notice is preferred. Information about the expenses for each unit is an estimate. Great opportunity to owner occupy or use as an investment property. This is a side by side duplex. Windows 10 years old. One side furnace was put in around 2017 and water heater is about 5 years old. The other side furnace was put in around 2009 and water heater about 10 years ago. Large lot with several gardens to enjoy in the warmer months. 2 storage sheds are also in the backyard. This property is conveniently located near 169, shopping, schools, gas stations. This is a great home with solid bones.

Last Listed By

Ann Jones

Add-Vantage Realty Inc Listed on: 02/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 1951

Lot Details

  • 0.31

Home Design

  • Duplex

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Lot Dimensions are 68x190x67x190
  • Forced Air Heating System

Community Details

  • 2 Units
  • Nehls Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for all utilities
  • Assessor Parcel Number 270060110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,774

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1610
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Walkout
  • Living Area: 1610
  • Owner Pays: All Utilities
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher,Dryer,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 4
  • Amenities: Ceiling Fan(s)
  • Appliances: Dryer,Range
  • Total Rooms: 4
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Shakopee
  • SchoolDistrictNumber: 720
  • SchoolDistrictPhone: 952-496-5006

Lot Info

  • Lot Size: 68x190x67x190
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 8400.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 270060110
  • Tax Annual Amount: 2774
  • TaxWithAssessments: 2774.0000

Multi Family

  • TenantPays: Electricity, Gas, Water
  • ElectricExpense: 2040
  • FuelExpense: 1200
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 14, 2023
Sold by
Skoug Michael and Skoug Colleen
Bought by
Ns Property One Llc
Seller's Agent
Ann Jones
Add-Vantage Realty Inc
Buyer's Agent
Mark Reiland
RE/MAX Advantage Plus
List Price
$275,000
Sold Price
$299,000
Premium/Discount to List
$24,000
8.73%
Total Days on Market
3
Views
29
Current Estimated Value
$395,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,078
Avg. Annual Appreciation
13.57%
Original Mortgage
$299,000
Outstanding Balance
$290,949
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$104,129

Purchase Details

Closed on
Nov 29, 1993
Sold by
Norwood Earl B and Norwood Gailene J
Bought by
Skoug Michael L and Skoug Colleen

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
Ns Property One Llc $299,000 --
Skoug Michael L $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ns Property One Llc $299,000
Previous Owner Skoug Michael L $103,000
Previous Owner Skoug Michael L $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $299,000 +8.7% $186 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $275,000 -- $171 / Sq Ft
Source: NorthstarMLS

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 $2,698 $279,600 $150,300 $129,300
2024 $2,698 $273,600 $151,200 $122,400
2023 $2,918 $262,800 $145,400 $117,400
2022 $2,774 $277,900 $145,400 $132,500
2021 $2,320 $231,200 $120,600 $110,600
2020 $2,474 $215,400 $108,000 $107,400
2019 $2,324 $204,000 $99,900 $104,100
2018 $2,168 $0 $0 $0
2016 $1,832 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Jones

    Seller's Agent in 2023

    Ann Jones

    Add-Vantage Realty Inc

    (952) 715-0914

    38 in this area

    87 Total Sales

    Ann Jones
    Section Image
  • Mark Reiland

    Buyer's Agent in 2023

    Mark Reiland

    RE/MAX Advantage Plus

    (952) 994-5300

    36 in this area

    301 Total Sales

    Mark Reiland
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6328958

NorthstarMLS

APN: 27-006-011-0

Minnesota Scott County Shakopee 55379

1281 Shakopee Ave E, Shakopee, MN

Homes for Sale in Shakopee, MN

This home is located at 1281 Shakopee Ave E, Shakopee, MN 55379 since 01 February 2023 and is currently estimated at $395,078, approximately $245 per square foot. This property was built in 1951. 1281 Shakopee Ave E is a home located in Scott County with nearby schools including Eagle Creek Elementary School, Shakopee West Middle School, and Shakopee Senior High School.

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