NOT LISTED FOR SALE

402 4th Ave E Shakopee, MN 55379

Estimated Value: $266,000 - $338,000

4 Beds
1.5 Baths
1,942 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $251,500 $130 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,823/month

54 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Shakopee Senior High School Rated A-

About This Home

As of October 2024

Two-story home near downtown Shakopee! Good sized lot and an OVERSIZED two car garage. Home needs some love. Ready to show off your design skills? Come create your dream home. Quick closing possible. As-is sale. Seller may consider a short term contract for deed to another investor. Inquire for details.

Last Agent to Sell the Property

Anthony Nguyen

HOMESTEAD ROAD Listed on: 07/02/2024

Last Buyer's Agent

Brad Reiland

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 65x142

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • City Of Shakopee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 270013940

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,826

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1942
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Living Area: 1942
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x142
  • Lot Size Sq Ft: 9147.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 270013940
  • Tax Annual Amount: 2826
  • TaxWithAssessments: 2826.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Oct 18, 2024
Sold by
Hsr Msp Llc A Limited Liability Company
Bought by
Ortiz Espana David and Ortiz Johannah
Seller's Agent
Anthony Nguyen
HOMESTEAD ROAD
Buyer's Agent
Brad Reiland
Edina Realty, Inc.
List Price
$274,900
Sold Price
$251,500
Premium/Discount to List
-$23,400
-8.51%
Views
94
Current Estimated Value
$301,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,475
Avg. Annual Appreciation
16.61%
Original Mortgage
$243,955
Outstanding Balance
$241,390
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$60,585

Purchase Details

Closed on
Jun 14, 2024
Sold by
Pool David and Pool Deborah Ann
Bought by
I-Isr Msp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2014
Sold by
Clemens Curt M and Clemens Sheila
Bought by
Pool David and Pool Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2004
Sold by
Clemens Rodney Davie and Clemens Joyce S
Bought by
Clemens Curt M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ortiz Espana David $251,500 --
I-Isr Msp Llc $190,000 Titlesmart
Pool David $171,900 North American Title Company
Clemens Curt M $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Espana David $243,955
Previous Owner I-Isr Msp Llc $4,000,000
Previous Owner Pool David $137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $251,500 -0.4% $130 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $252,500 -0.9% $130 / Sq Ft
08/15/2024 08/15/24 Price Changed $254,900 -1.9% $131 / Sq Ft
08/07/2024 08/07/24 Price Changed $259,900 -1.9% $134 / Sq Ft
07/24/2024 07/24/24 Price Changed $264,900 -3.6% $136 / Sq Ft
07/03/2024 07/03/24 For Sale $274,900 -- $142 / 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 $2,886 $296,000 $136,100 $159,900
2024 $2,826 $290,200 $136,100 $154,100
2023 $3,298 $273,800 $130,800 $143,000
2022 $3,382 $310,700 $130,800 $179,900
2021 $2,942 $276,000 $108,200 $167,800
2020 $3,184 $264,900 $96,900 $168,000
2019 $3,242 $253,600 $89,600 $164,000
2018 $2,600 $0 $0 $0
2016 $2,354 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6562633

NorthstarMLS

APN: 27-001-394-0