NOT LISTED FOR SALE

1505 Monarch St Shakopee, MN 55379

Estimated Value: $454,000 - $483,000

4 Beds
3 Baths
2,606 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $293,500 $113 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,835/month

50 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • <<bathWithWhirlpoolToken>>
  • Shakopee Senior High School Rated A-
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of October 2014

Granite. Tile, Hardwood & Cork Floors! Glass block in wall & vaults for wide open feel. Well cared for. 3 BR up & 1 on ML. Heated oversized 3 car garage! Private mstr bath w/whirlpool, shower & double sink. Deck & 2 patios. Shed. New shingles being done!

Last Agent to Sell the Property

Gail Haering

Edina Realty, Inc. Listed on: 07/29/2014

Last Buyer's Agent

Wendy Miller

RE/MAX Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 120x87
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • <<bathWithWhirlpoolToken>>
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 271840060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,234

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Driveway - Concrete, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.24
  • Construction: Previously Owned
  • Foundation Size: 1360
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 271840060
  • Projected Closed Date: 10/31/2014
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 3234
  • Comp Dev Subdiv Name: Homestead Ridge
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 3/4 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 13x13, On Level: Main
  • Room 2: Dining Room, 12x8, On Level: Main
  • Room 3: Family Room, 21x15, On Level: Main
  • Room 4: Kitchen, 14x13, On Level: Main
  • Room 5: Bedroom, 14x13, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 10x9, On Level: Upper
  • Room 8: Bedroom, 16x9, On Level: Main
  • Room 9: Laundry Room, 11x6, On Level: Main
  • Room 10: Foyer, 12x8, On Level: Main
  • Room 11: Family Room, 20x14, On Level: Lower
  • Room 12: Storage Room, 15x11, On Level: Lower
  • Room 13: 15x10, On Level: Upper
  • Basement Features: Finished
  • Finished Above Grade Sq Ft: 2219
  • Below Grade Finished Sq Ft: 387
  • Total Fin Square Footage: 2606

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Shakopee #720

Lot Info

  • Estimated Lot Dimensions: 120x87
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2014
  • Tax Value: 3234

MLS Schools

  • School District: Shakopee #720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Ryan Long
Bought by
Larue Joseph and Larue Kelsey
Current Estimated Value
$470,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Jul 13, 2018
Sold by
Morrissey Rickey J and Morrissey Cynthia M
Bought by
Long Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,295
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 29, 2014
Closed on
Oct 30, 2014
Sold by
Schmit Traci A Peterson and Schmit Chad W
Bought by
Morrissey Rickey J and Morrissey Cynthia M
Seller's Agent
Gail Haering
Edina Realty, Inc.
Buyer's Agent
Wendy Miller
RE/MAX Advisors
List Price
$310,000
Sold Price
$293,500
Premium/Discount to List
-$16,500
-5.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$303,150
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Aug 30, 2004
Sold by
Hahn Terrance and Hahn Kathleen
Bought by
Schmit Chad W and Schmit Nichole L
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 Buyer Sale Price Title Company
Larue Joseph $116,969 Minnesota Title
Long Ryan $341,700 Trademark Title Services Inc
Morrissey Rickey J $293,500 Executive Title Inc
Schmit Chad W $324,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larue Joseph $399,000
Previous Owner Long Ryan M $335,500
Previous Owner Long Ryan $330,295
Previous Owner Morrissey Rickey J $303,150
Previous Owner Peterson Traci A $240,000
Previous Owner Schmit Traci A Peterson $243,000
Previous Owner Schmit Chad W $268,000
Previous Owner Schmit Chad W $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $293,500 -5.3% $113 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $310,000 -- $119 / 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 $2,854 $431,300 $176,300 $255,000
2024 $4,206 $420,100 $171,100 $249,000
2023 $4,436 $394,700 $167,800 $226,900
2022 $4,560 $408,500 $167,800 $240,700
2021 $3,946 $363,100 $136,000 $227,100
2020 $4,444 $344,900 $116,500 $228,400
2019 $3,226 $341,700 $102,000 $239,700
2018 $4,006 $0 $0 $0
2016 $3,674 $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: 4653707

REALTOR® Association of Southern Minnesota

APN: 27-184-006-0