NOT LISTED FOR SALE

1570 Philipp Way Shakopee, MN 55379

Estimated Value: $537,000 - $571,000

5 Beds
3 Baths
2,652 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $517,900 $195 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,414/month

151 Days on Market

Highlights

  • New Construction
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Eagle Creek Elementary School Rated A-
  • Living Room
  • Dining Room

About This Home

As of December 2022

Distinctive Design Build is proud to present this beautiful 5 bedroom / 3 bath custom home in Summerland Place, Shakopee. We believe this will be the most unique multi-level you've ever viewed. This modern floor plan has 2,600 sq ft finished, is dressed w/Quartz countertops and custom cabinets - all soft close. On-site white enamel finishes on trim and 6" base boards, 20 year warranty carpet, SS appliances, energy star rated windows, passive radon mitigation system, 2 separate large family rooms for everyone's privacy. For the homeowners privacy enjoy the master suite, totally separated from the rest of the bedrooms with a large walk in closet & large laundry room on the master bedroom level. We will design a custom plan just for you. We also have incredible Prior Lake lots adjacent to Cleary Lake park. Distinctive Design Build finishes surpass anyone else's in this price range - come judge for yourself!

Last Agent to Sell the Property

John Gergen

Bridge Realty, LLC Listed on: 07/21/2022

Bridge Realty, LLC

Last Buyer's Agent

Megan Ourin

Keller Williams Preferred Rlty

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,476

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x160

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Split Level Home
  • Shake Siding

Interior Spaces

  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include professional mgmt, shared amenities
  • Summerland Place Master Association, Phone Number (952) 239-2293
  • Built by DISTINCTIVE DESIGN BUILD LLC

Listing and Financial Details

  • Assessor Parcel Number 275040850

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,476

Year Built

Built in 2022 | 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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1799
  • Unit Levels: Three Level Split
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Fireplace Features: Family Room
  • Living Area: 2652
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 853
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • CompletionDate: 2022-09-01

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 690

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Shared Amenities
  • Phone: 952-239-2293
  • Association Fee: 200
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Primary Bedroom Walk-In Closet,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Summerland Place Master Association

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x160
  • Lot Size Sq Ft: 9583.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 699757
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 275040850
  • TaxWithAssessments: 0.0000

Multi Family

  • Total Units Sold: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Dec 19, 2022
Sold by
Distinctive Design Build L L C
Bought by
Paneinh Kathy and Paneinh Sunny
Seller's Agent
John Gergen
Bridge Realty, LLC
Buyer's Agent
Megan Ourin
Keller Williams Preferred Rlty
List Price
$517,900
Sold Price
$517,900
Views
7
Current Estimated Value
$556,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,947
Avg. Annual Appreciation
2.42%
Original Mortgage
$456,348
Outstanding Balance
$444,740
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$108,566

Purchase Details

Closed on
Jan 26, 2022
Sold by
Summergate Development Llc
Bought by
Distinctive Design Build Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
3.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Paneinh Kathy $517,900 --
Paneinh Kathy $517,900 Premier Title
Distinctive Design Build Llc $402,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paneinh Kathy $456,348
Closed Paneinh Kathy $456,348
Previous Owner Distinctive Design Build Llc $402,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $517,900 0.0% $195 / Sq Ft
07/21/2022 07/21/22 For Sale $517,900 -- $195 / 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 $5,476 $512,100 $139,500 $372,600
2024 $4,880 $517,100 $139,500 $377,600
2023 $1,438 $476,000 $134,100 $341,900
2022 $300 $152,400 $152,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6238759

NorthstarMLS

APN: 27-504-085-0