NOT LISTED FOR SALE

428 428 2nd-Avenue-w Shakopee, MN 55379

Estimated Value: $224,000 - $263,295

2 Beds
1 Bath
1,031 Sq Ft
$236/Sq Ft Est. Value

Last Sold January 07, 2013

Last sale price $56,000 $54 Per Sq Ft

Est. 335% increase in value since last sale

Current estimated payment $1,498/month

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Shakopee Senior High School Rated A-

About This Home

As of January 2013

BANK-OWNED FORECLOSURE. PROPERTY SOLD 'AS IS' WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. Easy to show and quick to close. Buyers are encouraged to verify all dimensions, have agent representation, and arrange for professional inspections.

Last Agent to Sell the Property

Ed DonFrancesco

REALHome Services Listed on: 12/05/2012

Last Buyer's Agent

Christopher Fehring

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • 1900

Lot Details

  • 9,148

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,031 Sq Ft Home
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • 9,148 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 270012750

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.21
  • Assessment Balance: 10
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 926
  • Parcel Number: 270012750
  • Projected Closed Date: 01/07/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1184
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Eat-In Kitchen
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x14, On Level: Main
  • Room 4: Kitchen, 13x13, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 15x14, On Level: Upper
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1031
  • Total Fin Square Footage: 1031

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas

Schools

  • School District: Shakopee #720

Lot Info

  • Estimated Lot Dimensions: 9077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2012
Closed on
Dec 20, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Lake Doug and Lake Jan
Seller's Agent
Ed DonFrancesco
REALHome Services
Buyer's Agent
Christopher Fehring
Edina Realty, Inc.
List Price
$60,000
Sold Price
$56,000
Premium/Discount to List
-$4,000
-6.67%
Current Estimated Value
$243,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,324
Avg. Annual Appreciation
12.06%

Purchase Details

Closed on
May 3, 2012
Sold by
Busch Kris
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 26, 2005
Sold by
Mortensen Gary L and Mortensen Susan C
Bought by
Busch Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
6.29%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Lake Doug $56,300 Premium Title Services Inc
Deutsche Bank National Trust Company $123,163 None Available
Busch Kris $149,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2013 01/07/13 Sold $56,000 -6.7% $54 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
12/05/2012 12/05/12 For Sale $60,000 -- $58 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,500 $243,300 $128,800 $114,500
2024 $2,168 $236,400 $128,800 $107,600
2023 $2,418 $201,500 $123,900 $77,600
2022 $2,436 $221,600 $123,900 $97,700
2021 $2,106 $191,300 $102,500 $88,800
2020 $2,306 $180,700 $91,800 $88,900
2019 $2,246 $173,800 $84,900 $88,900
2018 $1,866 $0 $0 $0
2016 $1,686 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4422371

REALTOR® Association of Southern Minnesota

APN: 27-001-275-0