NOT LISTED FOR SALE

307 7th Ave E Shakopee, MN 55379

Estimated Value: $233,000 - $254,000

2 Beds
1 Bath
807 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $225,000 $279 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,513/month

3 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Living Room
  • Eagle Creek Elementary School Rated A-
  • Breakfast Bar
  • 3-minute walk to Hiawatha Park

About This Home

As of June 2023

Welcome home! This charming 2 bedroom, 1 bath, single family home with a fenced in backyard is close to the dining, shopping, and entertainment of downtown Shakopee as well as the outdoor recreational opportunities the area provides. Easy access to HWY 101 for a quick commute to work or surrounding areas. Updates include a new roof in 2018, new furnace in 2019, new air conditioner in 2019, new fridge in 2020, new sewer and water lines to the street in 2020, a full bathroom remodel in 2020, a new water softener in 2021, and a furnace and AC tune up in 2023. There aren't many single family homes in this price range so don't miss out on your opportunity to call this home.

Last Agent to Sell the Property

Derrick Witt

LPT Realty, LLC Listed on: 05/19/2023

LPT Realty, LLC

Last Buyer's Agent

Joe Mack

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,248

Year Built

  • Built in 1947

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x85
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 807 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • City Of Shakopee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 270015940

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,248

Year Built

Built in 1947

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: 1947
  • Above Grade Finished Sq Ft: 807
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 807
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 807.00

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Chain Link
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 242

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Shakopee
  • SchoolDistrictNumber: 720
  • SchoolDistrictPhone: 952-496-5006

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x85
  • Lot Size Sq Ft: 4356
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 270015940
  • Tax Annual Amount: 2248
  • TaxWithAssessments: 2248.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 13, 2023
Sold by
Madison Sherry
Bought by
Swannie Amy
Seller's Agent
Derrick Witt
LPT Realty, LLC
Buyer's Agent
Joe Mack
RE/MAX Advantage Plus
List Price
$210,000
Sold Price
$225,000
Premium/Discount to List
$15,000
7.14%
Views
59
Current Estimated Value
$242,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,581
Avg. Annual Appreciation
2.35%
Original Mortgage
$180,529
Outstanding Balance
$176,491
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$59,641

Purchase Details

Closed on
Sep 29, 2016
Sold by
Luce Jean M
Bought by
Madison Sheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

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
Swannie Amy $225,000 --
Madison Sheryl L $140,500 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swannie Amy $180,529
Previous Owner Madison Sheryl L $75,000
Previous Owner Luce Jean M $123,256
Previous Owner Luce Jean M $94,144
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $225,000 +7.1% $279 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $210,000 -- $260 / 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 $2,076 $221,700 $131,100 $90,600
2024 $2,094 $218,200 $131,100 $87,100
2023 $2,248 $209,500 $126,000 $83,500
2022 $2,014 $220,300 $126,000 $94,300
2021 $1,682 $175,000 $100,500 $74,500
2020 $1,914 $164,500 $90,000 $74,500
2019 $1,684 $164,700 $83,300 $81,400
2018 $1,534 $0 $0 $0
2016 $1,342 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6371559

NorthstarMLS

APN: 27-001-594-0