NOT LISTED FOR SALE

409 Shakopee Ave E Shakopee, MN 55379

Estimated Value: $291,000 - $685,000

2 Beds
1 Bath
1,855 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $275,000 $148 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,457/month

39 Days on Market

Highlights

  • Corner Lot
  • Eagle Creek Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2022

24 hours notice for showings. Vintage 2 story duplex in nice neighborhood. Stucco exterior. Good shape. Cool porch. Old classic home converted to a duplex. Shared expenses. 2 bedrooms on main level and one bedroom up. Pls wear a mask.

Last Listed By

Dave Brown

Dave Brown, REALTORS Listed on: 01/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1855

Lot Details

  • Lot Dimensions are 93 x 77 x 109 75
  • Corner Lot

Home Design

  • Duplex
  • Pitched Roof

Interior Spaces

  • 1,855 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, fuel
  • The owner pays for insurance, repairs, taxes, trash collection, water
  • Assessor Parcel Number 279061070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,814

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1855
  • Above Grade Finished Sq Ft: 1855
  • Water Sewer Expenses: 350
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 25 x 40
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1855
  • Fireplace: No
  • Owner Pays: Insurance, Repairs, Taxes, Trash Collection, Water
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched

Garage/Parking

  • Parking Features: Open
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

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

Lot Info

  • Lot Size: 93 x 77 x 109 75
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 2

Rental Info

  • Expenses: 2450.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 279061070
  • Tax Annual Amount: 2814
  • TaxWithAssessments: 2814.0000

Multi Family

  • TenantPays: Electricity, Fuel
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Mar 30, 2022
Sold by
Riehle Joseph A
Bought by
Kowitz Kelsy Anne
Seller's Agent
Dave Brown
Dave Brown, REALTORS
Buyer's Agent
Michael Moe
Superior Property Management
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Total Days on Market
39
Current Estimated Value
$396,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,228
Avg. Annual Appreciation
12.38%
Original Mortgage
$220,000
Outstanding Balance
$209,374
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$186,854

Purchase Details

Listed on
Jun 16, 2014
Closed on
Aug 20, 2014
Sold by
Brown Jean M
Bought by
Riehle Joseph A
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$90,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Kowitz Kelsy Anne $275,000 Scott County Abstract & Title
Riehle Joseph A $140,000 Scott Cnty Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kowitz Kelsy Anne $220,000
Previous Owner Riehle Joseph A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $275,000 -1.8% $148 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/06/2022 02/06/22 Price Changed $279,900 -3.4% $151 / Sq Ft
01/17/2022 01/17/22 For Sale $289,900 +107.1% $156 / Sq Ft
08/20/2014 08/20/14 Sold $140,000 -17.6% $75 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $169,900 -- $92 / 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
2024 $2,982 $290,100 $130,200 $159,900
2023 $3,514 $278,500 $125,200 $153,300
2022 $3,298 $322,900 $125,200 $197,700
2021 $2,814 $259,500 $108,200 $151,300
2020 $3,086 $241,700 $90,400 $151,300
2019 $3,250 $232,800 $80,800 $152,000
2018 $2,572 $0 $0 $0
2016 $2,178 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6142907

NorthstarMLS

APN: 27-906-107-0