$228,500
SOLD JUL 20, 2012

1818 Switchgrass Ln Shakopee, MN 55379

4 Beds
3.5 Baths
2,762 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

14% Below List Price

26 Days on Market

Highlights

  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Riverside Fields Park
  • Eagle Creek Elementary School Rated A-

About This Home

As of September 2012

2 story- 4 bedrooms, full bath, master bath plus 1/2 bath above grade. Central air, 3 car attached garage.

Last Agent to Sell the Property

Richard Stanton

Minnesota REO Properties, Inc Listed on: 06/21/2012

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 2006

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 9,583 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include trash

Listing and Financial Details

  • Assessor Parcel Number 273780050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 2006

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.22
  • Assessment Balance: 10
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1100
  • Parcel Number: 273780050
  • Projected Closed Date: 07/18/2012
  • Stories: 2 Story
  • Street Designation: Lane
  • Taxes With Assessments: 3538
  • Comp Dev Subdiv Name: Riverside Fields 2nd Addn
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, On Level: Lower
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Upper
  • Room 6: Bedroom, On Level: Upper
  • Room 7: On Level: Upper
  • Room 8: Bedroom, On Level: Upper
  • Basement Features: Finished
  • Finished Above Grade Sq Ft: 1951
  • Below Grade Finished Sq Ft: 811
  • Total Fin Square Footage: 2762

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 45

Schools

  • School District: Shakopee #720

Lot Info

  • Estimated Lot Dimensions: 0.22

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2011
  • Tax Value: 3528

MLS Schools

  • School District: Shakopee #720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 21, 2012
Sold by
Ascent Equity Llc
Bought by
Patel Dilip L and Patel Jotika D
Seller's Agent
Brenda Benson
Trilogy Properties of MN, LLC
Buyer's Agent
Thomas Scott
RE/MAX Advantage Plus
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
Current Estimated Value
$529,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,144
Avg. Annual Appreciation
4.64%
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 16, 2012
Sold by
Twin Cities Community Land Bank Llc
Bought by
Ascent Equity Llc
Seller's Agent
Richard Stanton
Minnesota REO Properties, Inc
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$264,900
Sold Price
$228,500
Premium/Discount to List
-$36,400
-13.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
396.02%
Original Mortgage
$186,000
Interest Rate
3.77%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 13, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Twin Cities Community Land Bank Llc
Seller's Agent
Richard Stanton
Minnesota REO Properties, Inc
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$264,900
Sold Price
$228,500
Premium/Discount to List
-$36,400
-13.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.77%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2006
Sold by
The Ryland Group
Bought by
Duong Dao and Nguyen Ha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,258
Interest Rate
7.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $300,000 Trademark Title Services Inc
Quit Claim Deed $228,500 Land Title Inc
Limited Warranty Deed -- Land Title Inc
Warranty Deed $385,323 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $186,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $300,000 -6.2% $109 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $319,900 +40.0% $116 / Sq Ft
07/20/2012 07/20/12 Sold $228,500 -13.7% $83 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $264,900 -- $96 / 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 $4,946 $480,800 $168,100 $312,700
2024 $4,930 $473,400 $164,800 $308,600
2023 $4,946 $461,400 $160,000 $301,400
2022 $4,910 $455,200 $153,800 $301,400
2021 $4,206 $388,800 $125,400 $263,400
2020 $4,096 $365,600 $104,500 $261,100
2019 $4,146 $317,300 $96,900 $220,400
2018 $4,798 $0 $0 $0
2016 $4,804 $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: 4334537

REALTOR® Association of Southern Minnesota

APN: 27-378-005-0