NOT LISTED FOR SALE

1353 Ridge Ln Shakopee, MN 55379

Estimated Value: $513,750 - $543,000

4 Beds
3 Baths
2,622 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $350,000 $133 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,396/month

96 Days on Market

Highlights

  • Newly Remodeled
  • 3 Car Attached Garage
  • Gas Fireplace
  • Shakopee Senior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

Quality built new home by F&B Construction. 2622 finished square feet including 4 bedrooms, 3 baths and office. Custom cabinets, SS appliances and granite in kitchen. Great room with stone fireplace and built-ins. Family room with toy closet and much more

Last Listed By

Brad Menden

Menden Brothers Realty Inc Listed on: 05/22/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $358

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 150x75

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 274210020

Home Details

Home Type

Single Family

Est. Annual Taxes

$358

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.26
  • Construction: Completed New Construction
  • Foundation Size: 1715
  • Parcel Number: 274210020
  • Projected Closed Date: 09/12/2014
  • Street Designation: Lane
  • Taxes With Assessments: 358
  • Comp Dev Subdiv Name: Valley Creek Crossing 2nd
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Bathroom Description: Private Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x17, On Level: Main
  • Room 2: Dining Room, 17x12, On Level: Main
  • Room 3: Family Room, 22x16, On Level: Lower
  • Room 4: Kitchen, 15x14, On Level: Main
  • Room 5: Bedroom, 16x13, On Level: Upper
  • Room 6: Bedroom, 14x11, On Level: Upper
  • Room 7: 13x11, On Level: Upper
  • Room 8: Bedroom, 15x13, On Level: Lower
  • Room 9: Laundry Room, On Level: Upper
  • Room 10: Den/Office, 15x13, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Finished Above Grade Sq Ft: 1715
  • Below Grade Finished Sq Ft: 907
  • Total Fin Square Footage: 2622

Exterior Features

  • Exterior: Brick, Fiber Board, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Shakopee #720

Lot Info

  • Estimated Lot Dimensions: 150x75

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2013
  • Tax Value: 358

MLS Schools

  • School District: Shakopee #720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2014
Closed on
Sep 10, 2014
Sold by
Mendens F & B Construction Inc
Bought by
Senanayake Niroshan
Seller's Agent
Brad Menden
Menden Brothers Realty Inc
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Total Days on Market
96
Current Estimated Value
$529,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,688
Avg. Annual Appreciation
3.94%
Original Mortgage
$215,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2013
Sold by
Associated Capital Corporation
Bought by
Mendens F & B Construction Inc

Range of Values:

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Average Value
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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
Senanayake Niroshan $350,000 Scott Cnty Abstract & Title
Mendens F & B Construction Inc $69,900 Scott County Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Senanayake Niroshan $750,000
Closed Senanayake Niroshan $200,000
Closed Senanayake Niroshan $215,000
Previous Owner Mendens F & B Construction Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2014 09/11/14 Sold $350,000 -2.8% $133 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $359,900 -- $137 / 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 $5,184 $513,700 $158,100 $355,600
2024 $5,184 $515,600 $158,100 $357,500
2023 $5,498 $484,000 $155,000 $329,000
2022 $5,208 $485,800 $155,000 $330,800
2021 $4,602 $402,000 $124,500 $277,500
2020 $5,004 $393,300 $117,300 $276,000
2019 $4,994 $374,800 $98,400 $276,400
2018 $4,594 $0 $0 $0
2016 $4,636 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4622927

REALTOR® Association of Southern Minnesota

APN: 27-421-002-0