$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%
Views
71
Current Estimated Value
$485,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,883
Avg. Annual Appreciation
1.30%

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

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Range of Values:

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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
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

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Map

Source: NorthstarMLS

MLS Number: 6549239

NorthstarMLS

APN: 25-131-002-0