NOT LISTED FOR SALE

2547 Spring Lake Rd SW Shakopee, MN 55379

Estimated Value: $697,817 - $743,000

2 Beds
2 Baths
1,803 Sq Ft
$396/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $670,000 $372 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,593/month

15 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Den
  • Jeffers Pond Elementary School Rated A
  • No HOA
  • The kitchen features windows

About This Home

As of July 2022

Welcome to one of the best possible views on Spring Lake. Wonderful one level lake home with panoramic views. Completely updated with loads of entertaining space. Lakeside master bedroom/bath, open kitchen/dining, heated garage and a HUGE deck overlooking a beautiful backyard! Prior Lake Schools. This lake home is a must see!

Last Agent to Sell the Property

Joseph Moore

Mason James Realty Listed on: 06/11/2022

Last Buyer's Agent

Lynette Wheelock

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,028

Year Built

  • Built in 1926

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x100
  • 50 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 1,803 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Den
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Butternut Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 251310050

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,028

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 1803
  • Water Body Name: Spring
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Free Standing, Gas
  • Living Area: 1803
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Den, Foyer, Deck
  • SqFtTotal: 2028.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • View: Lake, Panoramic, South
  • ConstructionMaterialsDesc: Frame
  • Lake Acres: 591
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage, Insulated Garage
  • Garage Square Feet: 396

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x100
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 251310050
  • Tax Annual Amount: 6028
  • TaxWithAssessments: 6028.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Crane Michael and Oconnell Erin
Bought by
Taets James
Total Days on Market
15
Current Estimated Value
$713,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$695,838
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$17,366

Purchase Details

Listed on
Jun 11, 2022
Closed on
Jul 11, 2022
Sold by
Pieper-Berchem and Pamela
Bought by
Crane Michael and Oconnell Erin F
Seller's Agent
Joseph Moore
Mason James Realty
Buyer's Agent
Lynette Wheelock
Coldwell Banker Realty
List Price
$699,900
Sold Price
$670,000
Premium/Discount to List
-$29,900
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$636,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2017
Sold by
Masterson Mark A and Masterson Constance K
Bought by
Pieper Berchem Amy and Pieper Berchem Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Alexander Gordon Bruce and Angier Catherine Ann
Bought by
Masterson Mark A and Masterson Constance K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,375
Interest Rate
5.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2000
Sold by
Hanson Gregg R and Hanson Patricia S
Bought by
Alexander Gordon B
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 Buyer Sale Price Title Company
Taets James $700,000 --
Crane Michael $670,000 Burnet Title
Pieper Berchem Amy $485,000 Gibralter Title
Masterson Mark A $346,250 --
Alexander Gordon B $192,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taets James $700,000
Previous Owner Crane Michael $636,500
Previous Owner Pieper Berchem Amy $229,500
Previous Owner Masterson Constance K $15,000
Previous Owner Masterson Constance K $240,000
Previous Owner Masterson Constance K $242,375
Previous Owner Alexander Ii Gordon Bruce $305,000
Previous Owner Alexander Ii Gordon Bruce $305,000
Previous Owner Alexander Ii Gordon Bruce $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $670,000 0.0% $372 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/17/2022 06/17/22 Off Market $670,000 -- --
06/07/2022 06/07/22 For Sale $699,900 -- $388 / 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 $7,072 $709,700 $458,800 $250,900
2024 $7,072 $702,900 $454,300 $248,600
2023 $6,362 $663,700 $428,600 $235,100
2022 $6,028 $622,400 $387,300 $235,100
2021 $5,436 $517,600 $318,800 $198,800
2020 $5,406 $459,500 $293,300 $166,200
2019 $5,380 $438,200 $272,900 $165,300
2018 $4,948 $0 $0 $0
2016 $4,382 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6214636

NorthstarMLS

APN: 25-131-005-0