$475,000
SOLD AUG 30, 2024

2523 Spring Lake Rd SW Shakopee, MN 55379

2 Beds
1 Bath
952 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$499 Per Sq Ft

10% Below List Price

48 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Forced Air Heating and Cooling System
  • Jeffers Pond Elementary School Rated A
  • 1-Story Property

About This Home

As of August 2024

Amazing opportunity to build your dream home on Spring Lake! Enjoy beautiful lake views on this one- of-a- kind lot! Spring Lake is a recreational lake, nestled into a quiet community just outside of Prior Lake. Grab your favorite builder and designer and build on this fantastic lake lot. With 60 feet of level lakeshore on Spring Lake, you will have the most beautiful south facing views !

Last Agent to Sell the Property

Janelle Pierzina

Edina Realty, Inc. Listed on: 06/14/2024

Edina Realty, Inc.

Co-Listed By

Megan McNeil

Edina Realty, Inc.

Last Buyer's Agent

Laura Farmer

Re/Max Advantage Plus

Re/Max Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,008

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Lake Front

Parking

  • 1 Car Garage

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Butternut Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 251310020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,008

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 952
  • Water Body Name: Spring
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Living Area: 952
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • View: Lake, Panoramic
  • Lake Acres: 591
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: .
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 251310020
  • Tax Annual Amount: 5008
  • TaxWithAssessments: 5008.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 30, 2024
Sold by
Gauthier Ashley
Bought by
Gavnat Properties Llc
Seller's Agent
Janelle Pierzina
Edina Realty, Inc.
Buyer's Agent
Laura Farmer
Re/Max Advantage Plus
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Total Days on Market
48
Views
71
Current Estimated Value
$479,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,584
Avg. Annual Appreciation
1.26%

Purchase Details

Closed on
Feb 12, 2024
Sold by
Wendt Mary Beth
Bought by
Gauthier Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 2013
Sold by
Wendt Jeffrey J
Bought by
Wendt Mary B

Purchase Details

Closed on
Sep 10, 2013
Sold by
Wendt Jeffrey J
Bought by
Wendt Mary B

Purchase Details

Closed on
Dec 15, 2011
Sold by
King Linda Lou Alice
Bought by
Wendt Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,572
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Similar Homes in the area

  • 2452 Marsh View Ct, Shakopee, MN 55379

    $586,990

    • 4 Beds
    • 2.5 Baths
    • 2,522 Sq Ft
    • 2452 Marsh View Ct
    • Shakopee, MN

    Ask how you can receive an additional $20,000 on this home! Ask how you can receive a 30-year fixed interest rate of either 5.5% for FHA/VA financing or 5.99% for Conventional financing. This can save you hundred every month!! Meet "Harrison" by DR Horton. Main floor office or guest room. Open main floor that is light and bright. Upper level offers 4 large bedrooms plus loft or 2nd family

    Lindsey Lau D.R. Horton, Inc.

    Section Image
  • 2032 Aquarius Dr, Shakopee, MN 55379

    $499,990

    • 4 Beds
    • 2.5 Baths
    • 2,323 Sq Ft
    • 2032 Aquarius Dr
    • Shakopee, MN

    Ask how you can receive a 5.50% FHA/VA or a 5.99 Conventional 30-year fixed rate PLUS and additional $20,000 in incentives on this home. The Holcombe kitchen is a highlight of the home with a corner walk-in pantry, beautiful quartz countertops, an island with breakfast bar, and stainless appliances. Need to work from home? The Holcombe has a private study/flex room on the main level as well.

    Kelly Long D.R. Horton, Inc.

    Section Image
  • 12383 Hillsboro Ave, Savage, MN 55378

    $370,000

    • 3 Beds
    • 2 Baths
    • 1,930 Sq Ft
    • 12383 Hillsboro Ave
    • Savage, MN

    Welcome to your new home! This charming 3-bedroom, 2-bathroom residence boasts over 1,900 sq. ft. of living space, ready for your personal touch. Situated on a spacious corner lot, this home features a durable composite deck, a convenient shed for extra storage, bright and airy living areas, and a flexible layout that you can tailor to fit your style and needs. Make it your own and bring your

    Nicko Spehn Keller Williams Realty Integrity

    Section Image
  • 2305 Rock Elm Rd, Shakopee, MN 55379

    $569,495

    • 4 Beds
    • 2.5 Baths
    • 2,622 Sq Ft
    • 2305 Rock Elm Rd
    • Shakopee, MN

    This home is available for a September closing date! Ask about how to qualify for savings up to $5,000 with use of Seller's Preferred Lender! Welcome to Arbor Bluff, Shakopee’s newest community, set amidst breathtaking natural scenery. This beautifully designed two-story Burnham home offers a functional and stylish layout, perfect for modern living. The main level features an open-concept design

    Kaylee Schultz Lennar Sales Corp

    Section Image
  • 2304 Rock Elm Rd, Shakopee, MN 55379

    $562,975

    • 4 Beds
    • 2.5 Baths
    • 2,413 Sq Ft
    • 2304 Rock Elm Rd
    • Shakopee, MN

    This home is available for a September closing date! Ask about how to qualify for savings up to $5,000 with use of Seller's Preferred Lender! Welcome to the Markham! This thoughtfully designed home features four spacious bedrooms—all located on the upper level—along with a versatile loft that offers the perfect space for work or relaxation. The stylish kitchen is equipped with stainless steel

    Kaylee Schultz Lennar Sales Corp

    Section Image
  • 2606 Green Ash Ave, Shakopee, MN 55379

    $537,720

    • 4 Beds
    • 2.5 Baths
    • 2,352 Sq Ft
    • 2606 Green Ash Ave
    • Shakopee, MN

    Welcome to Arbor Bluff, Shakopee’s newest community, renowned for its breathtaking natural surroundings. This two-story Marquette model boasts an open-concept main floor, seamlessly connecting the great room, modern kitchen, and dining area—ideal for both daily living and entertaining. The upper level features a versatile loft, perfectly positioned among four spacious bedrooms, including a

    Kaylee Schultz Lennar Sales Corp

    Section Image
  • 2741 Green Ash Ave, Shakopee, MN 55379

    $498,595

    • 4 Beds
    • 2.5 Baths
    • 2,002 Sq Ft
    • 2741 Green Ash Ave
    • Shakopee, MN

    This home is available for an August closing date! Ask about how to qualify for savings up to $5,000 with use of Seller's Preferred Lender! Welcome to the Clark at Arbor Bluff, Shakopee’s newest community set amidst breathtaking natural scenery. This new two-story home offers a gracious design with plenty of space to grow and entertain. Off the foyer is a private study, perfect for working from

    Kaylee Schultz Lennar Sales Corp

    Section Image
  • 2726 Green Ash Ave, Shakopee, MN 55379

    $542,260

    • 4 Beds
    • 2.5 Baths
    • 2,622 Sq Ft
    • 2726 Green Ash Ave
    • Shakopee, MN

    This home is available for an August closing date! Ask about how to qualify for savings up to $5,000 with use of Seller's Preferred Lender! Welcome to Arbor Bluff, Shakopee’s newest community, set amidst breathtaking natural scenery. This beautifully designed two-story Berkley home offers a functional and stylish layout, ideal for modern living. The main level boasts an open floor plan where the

    Kaylee Schultz Lennar Sales Corp

    Section Image
  • 2734 Green Ash Ave, Shakopee, MN 55379

    $524,616

    • 4 Beds
    • 2.5 Baths
    • 2,622 Sq Ft
    • 2734 Green Ash Ave
    • Shakopee, MN

    This home is available for an August closing date! Ask about how to qualify for savings up to $5,000 with use of Seller's Preferred Lender! Welcome to Arbor Bluff, Shakopee’s newest community, set amidst breathtaking natural scenery. This beautifully designed two-story Berkley home offers a functional and stylish layout, ideal for modern living. The main level boasts an open floor plan where the

    Kaylee Schultz Lennar Sales Corp

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed $475,000 --
Deed Of Distribution -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $164,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $249,900 Unknown
Previous Owner $49,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $160,000 New Conventional
Previous Owner $160,572 FHA
Previous Owner $19,672 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $475,000 -9.5% $499 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $525,000 -- $551 / 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 $5,220 $532,800 $480,700 $52,100
2024 $5,026 $524,800 $475,900 $48,900
2023 $4,444 $495,400 $449,000 $46,400
2022 $4,180 $452,200 $405,800 $46,400
2021 $3,942 $364,700 $325,000 $39,700
2020 $3,860 $338,700 $299,000 $39,700
2019 $3,702 $319,600 $278,200 $41,400
2018 $3,626 $0 $0 $0
2016 $2,950 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6549239

NorthstarMLS

APN: 25-131-002-0