$651,591
SOLD SEP 4, 2025

1503 Philipp Way Shakopee, MN 55379

4 Beds
3.5 Baths
3,433 Sq Ft
0.44 Acres

Recently Sold

$190 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • New Construction
  • Loft
  • Walk-In Pantry
  • Eagle Creek Elementary School Rated A-
  • Home Office
  • 3 Car Attached Garage

About This Home

As of September 2025

Boasting 9' ceilings on the main floor and expansive windows, you are sure to enjoy this bright and beautiful open concept home. The second floor offers a retreat area, large laundry room, 3 bedrooms and tons of storage space. The basement is finished and furnished for fun! With 80 homesites available and 8 floorplans to choose from, including a 1-level option, you are sure to find your dream home here!

Last Agent to Sell the Property

Jennifer Monson

Weekley Homes, LLC Listed on: 02/24/2025

Last Buyer's Agent

Emmanuel Olagbaju

Keller Williams Classic Rlty NW

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 58x230x96x300

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Living Room
  • Home Office
  • Loft
  • Game Room
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include professional mgmt, trash, shared amenities
  • Summergate Companies Llc Association, Phone Number (952) 898-3461
  • Built by DAVID WEEKLEY HOMES
  • Summerland Place Community
  • Summerland Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 275161630

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2025
  • Above Grade Finished Sq Ft: 2565
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Exhaust Fan, Microwave, Range
  • Living Area: 3433
  • Fireplace: No
  • Below Grade Finished Sq Ft: 868
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Game Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Loft, Study, Laundry, Primary Bathroom, Pantry (Walk-In), Walk In Closet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • CompletionDate: 2025-09-05

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 660
  • Garage Door Height: 8

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other, Professional Mgmt, Trash, Shared Amenities
  • Phone: 952-898-3461
  • Association Fee: 200
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Primary Bedroom Walk-In Closet,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Summerland Place

Association/Amenities

  • HOA Management Co: Summergate Companies LLC
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 58x230x96x300
  • Lot Size Sq Ft: 19079.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 697545
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 275161630
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Sep 4, 2025
Sold by
Weekley Homes Llc
Bought by
Onipede Babatunde and Onipede Opeyemi Folasade
Seller's Agent
Jennifer Monson
Weekley Homes, LLC
Buyer's Agent
Emmanuel Olagbaju
Keller Williams Classic Rlty NW
List Price
$620,000
Sold Price
$651,591
Premium/Discount to List
$31,591
5.1%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.77%
Original Mortgage
$576,431
Outstanding Balance
$576,431
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$20,902

Purchase Details

Closed on
Mar 14, 2025
Sold by
Summergate Development Llc
Bought by
Weekley Homes Llc
Source: Public Records

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 Type Sale Price Title Company
Special Warranty Deed $651,590 Stewart Title Company
Special Warranty Deed $867,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $576,431 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Sold $651,591 +5.1% $190 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $620,000 -- $181 / 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 $1,516 $154,900 $154,900 $0
2024 $1,012 $154,900 $154,900 $0
2023 $574 $149,000 $149,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6678318

NorthstarMLS

APN: 27-516-163-0