NOT LISTED FOR SALE

2305 Promise Ave Shakopee, MN 55379

Estimated Value: $536,000 - $749,000

4 Beds
3 Baths
2,309 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $396,400 $172 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,318/month

29 Days on Market

Highlights

  • 2.5 Acre Lot
  • Vaulted Ceiling
  • Porch
  • Jackson Elementary School Rated A-
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of August 2014

Rare find! Newer home on acreage lot in prime Shakopee location. Build instant equity - finish lower level- already partially finished with the hard work complete. Priced to move. Attention to detail is apparent. Act fast, won't last!

Last Listed By

Kim Vetter

RE/MAX Advantage Plus Listed on: 06/30/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,582

Year Built

  • Built in 2000

Lot Details

  • 2.5 Acre Lot
  • Sprinkler System
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Additional Features

  • Air Exchanger
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 271900030

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,582

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Inground Sprinkler System, Porch
  • Estimated Number of Acres: 2.5
  • Assessment Balance: 10
  • Construction: Previously Owned
  • Foundation Size: 1817
  • Mechanicals: Air to Air Exchange, Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 271900030
  • Projected Closed Date: 08/28/2014
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 5592
  • Comp Dev Subdiv Name: Dominion Hills
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x15, On Level: Main
  • Room 2: Dining Room, 14x10, On Level: Main
  • Room 4: Kitchen, 13x14, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Main
  • Room 6: Bedroom, 13x11, On Level: Main
  • Room 7: 13x11, On Level: Main
  • Room 8: Bedroom, 14x26, On Level: Lower
  • Room 9: Porch, 14x12, On Level: Main
  • Room 10: Mud Room, 14x5, On Level: Main
  • Basement Features: Walkout
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 1817
  • Below Grade Finished Sq Ft: 492
  • Total Fin Square Footage: 2309

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Shakopee #720

Lot Info

  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2013
  • Tax Value: 5582

MLS Schools

  • School District: Shakopee #720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 28, 2014
Sold by
Baker Jill Renee
Bought by
Husain Syed A and Husain Tabassum
Seller's Agent
Kim Vetter
RE/MAX Advantage Plus
Buyer's Agent
Adam Benedict
RE/MAX Advantage Plus
List Price
$399,900
Sold Price
$396,400
Premium/Discount to List
-$3,500
-0.88%
Total Days on Market
29
Current Estimated Value
$661,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,336
Avg. Annual Appreciation
4.88%
Original Mortgage
$277,450
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 25, 2014
Sold by
Tessmer Richard G and Tessmer Jean M
Bought by
Baker Jill R
Seller's Agent
Kim Vetter
RE/MAX Advantage Plus
Buyer's Agent
Adam Benedict
RE/MAX Advantage Plus
List Price
$399,900
Sold Price
$396,400
Premium/Discount to List
-$3,500
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,450
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1999
Sold by
Bergquist Gary D and Bergquist Dianna L
Bought by
Baker Thomas R and Baker Jill R

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
Husain Syed A $396,400 Trademark Title Services Inc
Baker Jill R -- Trademark Title Services Inc
Baker Thomas R $54,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Husain Syed A $237,200
Closed Husain Syed A $130,000
Closed Husain Syed A $270,000
Closed Husain Syed A $91,835
Closed Husain Syed A $277,450
Closed Baker Jill R $79,280
Previous Owner Baker Jill R $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $396,400 -0.9% $172 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $399,900 -- $173 / 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 $7,368 $596,100 $207,500 $388,600
2024 $7,368 $607,000 $212,700 $394,300
2023 $7,118 $556,300 $174,800 $381,500
2022 $7,344 $524,800 $174,800 $350,000
2021 $6,884 $467,700 $154,800 $312,900
2020 $6,130 $459,400 $148,400 $311,000
2019 $5,936 $459,200 $157,500 $301,700
2018 $5,326 $0 $0 $0
2016 $5,522 $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: 4641575

REALTOR® Association of Southern Minnesota

APN: 27-190-003-0