NOT LISTED FOR SALE

1407 1407 4th-Avenue-e Shakopee, MN 55379

Estimated Value: $230,000 - $251,000

3 Beds
1 Bath
1,490 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $69,000 $46 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,710/month

41 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Woodwork
  • Shakopee Senior High School Rated A-
  • Side by Side Parking
  • Bathroom on Main Level

About This Home

As of October 2012

Charming 3 bedroom, 1 bath Town home, great backyard deck, with a finished walkout lower level. New flooring throughout home. Conveniently location close to parks, shopping, and highway.

Last Listed By

Cynthia Hanson Welu

RE/MAX Advantage Plus Listed on: 08/23/2012

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,098

Year Built

  • 1972

Lot Details

  • 1,742 Sq Ft Lot
  • Zero Lot Line

HOA Fees

  • $192 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Woodwork
  • Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Rough-In
  • Bathroom on Main Level
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal, trash, cable/satellite

Listing and Financial Details

  • Assessor Parcel Number 270360450

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,098

Year Built

1972

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Side x Side
  • Amenities: Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.04
  • Assessment Balance: 10
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 880
  • Parcel Number: 270360450
  • Projected Closed Date: 10/05/2012
  • Taxes With Assessments: 1108
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1972

Interior Features

  • Dining Room: Informal Dining Room
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Rough In
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 18x12, On Level: Main
  • Room 2: Dining Room, 10x8, On Level: Main
  • Room 4: Kitchen, 10x10, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 10x10
  • Room 9: Den/Office, 10x10, On Level: Lower
  • Room 10: Deck, 10x5, On Level: Main
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 959
  • Below Grade Finished Sq Ft: 531
  • Total Fin Square Footage: 1490

Exterior Features

  • Frontage Road: Paved
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal, Trash, Cable/Satellite
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 192

Schools

  • School District: Shakopee #720

Lot Info

  • Lot/Land Description: Zero Lot Line

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2012
Closed on
Oct 1, 2012
Sold by
Pnmac Mortgage Opportunity Fund Investor
Bought by
Mcclure Properties Llc
Seller's Agent
Cynthia Hanson Welu
RE/MAX Advantage Plus
Buyer's Agent
Jason Elliott
RE/MAX Results
List Price
$73,900
Sold Price
$69,000
Premium/Discount to List
-$4,900
-6.63%
Total Days on Market
41
Current Estimated Value
$239,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,962
Avg. Annual Appreciation
10.36%
Original Mortgage
$61,307
Outstanding Balance
$28,175
Interest Rate
3.36%
Mortgage Type
Unknown
Estimated Equity
$211,787

Purchase Details

Closed on
Apr 27, 2012
Sold by
Wells Fargo Bank Na
Bought by
Pnmac Mortgage Opportunity Fund Investor

Purchase Details

Closed on
Apr 23, 2012
Sold by
Wells Fargo Bank Na
Bought by
Pnmac Mortgage Opportunity Fund Investor

Range of Values:

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Average Value
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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
Mcclure Properties Llc $69,000 Titlenexus Llc
Pnmac Mortgage Opportunity Fund Investor -- First Financial Title Agency
Pnmac Mortgage Opportunity Fund Investor -- Title & Closing Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclure Properties Llc $61,307
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $69,000 -6.6% $46 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $73,900 -- $50 / 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 $2,098 $208,800 $76,100 $132,700
2024 $2,098 $198,500 $72,400 $126,100
2023 $2,148 $194,900 $71,000 $123,900
2022 $2,064 $196,600 $72,700 $123,900
2021 $1,806 $161,800 $57,000 $104,800
2020 $2,056 $154,800 $52,500 $102,300
2019 $2,134 $170,800 $44,400 $126,400
2018 $2,042 $0 $0 $0
2016 $1,946 $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: 4391404

REALTOR® Association of Southern Minnesota

APN: 27-036-045-0