NOT LISTED FOR SALE

1505 Monarch St Shakopee, MN 55379

Estimated Value: $460,432 - $473,000

4 Beds
3 Baths
2,493 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $420,000 $168 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,943/month

5 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • The kitchen features windows
  • Shakopee Senior High School Rated A-
  • Home Office
  • 3 Car Attached Garage

About This Home

As of November 2021

Looking for that house that's just right...size, location, garage and yard? Here it is! The spacious
study/office fits most families life styles with working and learning at home. The kitchen features
cherry cabinetry, stainless appliances, granite countertops and a roomy dining space. Walkout to the
deck and fenced backyard. With a main level bedroom, laundry and 3/4 bath, this house fits well with so
many ages and lifestyles. The lower level has a game room, big screen TV and portable bar. The heated
garage is a big bonus! See it soon!

Last Listed By

Paul Bothof

RE/MAX Advantage Plus Listed on: 09/07/2021

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 120x87
  • Wood Fence

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Game Room with Fireplace
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Homestead Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271840060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,935

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 2219
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Partial
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Amusement Room, Electric, Family Room, Gas
  • Living Area: 2493
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 274
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Foyer, Amusement Room, Storage, Walk In Closet, Laundry
  • SqFtTotal: 22588.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 740

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 120x87
  • Lot Size Sq Ft: 10454.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 271840060
  • Tax Annual Amount: 3935
  • TaxWithAssessments: 3946.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 15, 2021
Sold by
Ryan Long
Bought by
Larue Joseph and Larue Kelsey
Seller's Agent
Paul Bothof
RE/MAX Advantage Plus
Buyer's Agent
Trent Zimmer
Keller Williams Select Realty
List Price
$420,000
Sold Price
$420,000
Total Days on Market
5
Current Estimated Value
$467,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,358
Avg. Annual Appreciation
3.22%
Original Mortgage
$399,000
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 13, 2018
Sold by
Morrissey Rickey J and Morrissey Cynthia M
Bought by
Long Ryan
Seller's Agent
Wendy Miller
Coldwell Banker Realty
List Price
$335,000
Sold Price
$341,700
Premium/Discount to List
$6,700
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
6.33%
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
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
4.20%
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

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
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
11/19/2021 11/19/21 Sold $420,000 0.0% $168 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $420,000 +22.9% $168 / Sq Ft
07/13/2018 07/13/18 Sold $341,700 +2.0% $154 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $335,000 +14.1% $151 / Sq Ft
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: 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
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: NorthstarMLS

MLS Number: 6095074

NorthstarMLS

APN: 27-184-006-0