409 Shakopee Ave E Shakopee, MN 55379
4
Beds
2
Baths
2,280
Sq Ft
6,098
Sq Ft Lot
Highlights
- Corner Lot
- Eagle Creek Elementary School Rated A-
- Forced Air Heating System
About This Home
As of July 2025Fantastic investment opportunity with this classic up/down duplex on a large corner lot! Great curb appeal with a stucco exterior, new aluminum soffits, fascia and window wraps, new roof, and two porches. Ideal, similar layout on both levels. Fresh neutral paint, new carpeting, and low maintenance vinyl plank flooring. Each unit has its own laundry and mechanicals and separately metered electric and gas. Newly insulated attic. Off street parking. Each unit was most recently rented for $1,170 per month with the tenant paying all utilities besides water/sewer and trash. The current owners never increased the rents during their ownership, so there should be room to increase rents, too. Convenient, centrally-located neighborhood near all of the best restaurants and retail that Shakopee offers. Quick close possible!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,060
Year Built
- Built in 1855
Home Design
- Duplex
- Pitched Roof
- Architectural Shingle Roof
Interior Spaces
- 2,280 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Partial Basement
- Basement Storage
Additional Features
- Corner Lot
- Forced Air Heating System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 279061070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2022
Sold by
Riehle Joseph A
Bought by
Kowitz Kelsy Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2014
Closed on
Aug 20, 2014
Sold by
Brown Jean M
Bought by
Riehle Joseph A
Seller's Agent
David Brown
Dave Brown, REALTORS
Buyer's Agent
David Brown
Dave Brown, REALTORS
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
7.89%
Original Mortgage
$90,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Shakopee, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Scott County Abstract & Title | |
| Deed | $140,000 | Scott Cnty Abstract & Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,500 | New Conventional | |
| Closed | $220,000 | New Conventional | |
| Previous Owner | $90,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Sold | $290,000 | 0.0% | $127 / Sq Ft |
| 06/14/2025 06/14/25 | Pending | -- | -- | -- |
| 06/08/2025 06/08/25 | Off Market | $290,000 | -- | -- |
| 05/31/2025 05/31/25 | For Sale | $280,000 | +100.0% | $123 / 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
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 | $3,060 | $290,100 | $130,200 | $159,900 |
| 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
-
Timothy Schepers
Seller's Agent in 2025
Timothy Schepers
Park Street Realty, LLC
(612) 743-6670
4 in this area
224 Total Sales
-
Marcos De Filippo
Buyer's Agent in 2025
Marcos De Filippo
Fuze Real Estate
(612) 222-2563
1 in this area
55 Total Sales
-
D
Seller's Agent in 2014
David Brown
Dave Brown, REALTORS
Map
Source: NorthstarMLS
MLS Number: 6729784
APN: 27-906-107-0
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