NOT LISTED FOR SALE

1578 Philipp Way Shakopee, MN 55379

Estimated Value: $486,000 - $600,974

3 Beds
2.5 Baths
2,668 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $564,900 $212 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,458/month

116 Days on Market

Highlights

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

About This Home

As of November 2023

Distinctive Design Build is proud to present this beautiful rambler home in Summerland Place. Quality craftsmanship and inspiring design with high-end amenities and spaces for today's families that you can always expect from a Distinctive home. This modern rambler floor plan has 2600 square feet finished, is dressed w/Quartz countertops and custom cabinets. On-site white enamel finishes on trim and 5 1/4" baseboards, Shaw carpet, SS appliances, energy star rated windows, passive radon mitigation system, large great room with kitchen and dining attached. Enjoy the master suite walk-in tiled shower. Custom home packages start low 500s. Many other lots and home packages to choose from. 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: 07/06/2023

Bridge Realty, LLC

Last Buyer's Agent

Hannelore Buck

RE/MAX Preferred

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,990

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 85x160

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include shared amenities
  • Summerland Place Master Association, Phone Number (952) 239-2293
  • Built by DISTINCTIVE DESIGN BUILD LLC
  • Summerland Place 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 275040860

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,990

Year Built

Built in 2023 | 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: 2023
  • Above Grade Finished Sq Ft: 1539
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Fireplace Features: Family Room
  • Living Area: 2668
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1129
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 3078.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 756

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Phone: 952-239-2293
  • Association Fee: 200
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,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: 85x160
  • Lot Size Sq Ft: 9147.6
  • 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: 2023
  • Assessor Parcel Number: 275040860
  • Tax Annual Amount: 1990
  • TaxWithAssessments: 1990.0000

Multi Family

  • Total Units Sold: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Nov 3, 2023
Sold by
Distinctive Design Build L L C
Bought by
Reamsnyder Jeannette
Seller's Agent
John Gergen
Bridge Realty, LLC
Buyer's Agent
Hannelore Buck
RE/MAX Preferred
List Price
$569,900
Sold Price
$564,900
Premium/Discount to List
-$5,000
-0.88%
Views
44
Current Estimated Value
$555,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,906
Avg. Annual Appreciation
0.58%
Original Mortgage
$85,000
Outstanding Balance
$83,654
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$487,482

Purchase Details

Listed on
Jul 6, 2023
Closed on
Oct 31, 2023
Sold by
Distinctive Design Build L L C
Bought by
Reamsnyder Jeannette Marie
Seller's Agent
John Gergen
Bridge Realty, LLC
Buyer's Agent
Hannelore Buck
RE/MAX Preferred
List Price
$569,900
Sold Price
$564,900
Premium/Discount to List
-$5,000
-0.88%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$83,654
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$487,482

Purchase Details

Closed on
May 23, 2023
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
$128,800
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2023
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
$128,800
Interest Rate
6.28%
Mortgage Type
New Conventional
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
Reamsnyder Jeannette $564,900 --
Reamsnyder Jeannette Marie $564,900 Premier Title
Distinctive Design Build Llc $139,000 --
Distinctive Design Build Llc $139,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reamsnyder Jeannette $85,000
Closed Reamsnyder Jeannette Marie $85,000
Previous Owner Distinctive Design Build Llc $128,800
Previous Owner Distinctive Design Build Llc $377,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $564,900 -0.9% $212 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $569,900 -- $214 / 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 $6,042 $556,100 $139,500 $416,600
2024 $1,206 $561,900 $139,500 $422,400
2023 $1,990 $134,100 $134,100 $0
2022 $300 $152,400 $152,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6397524

NorthstarMLS

APN: 27-504-086-0