NOT LISTED FOR SALE

506 3rd Ave E Shakopee, MN 55379

Estimated Value: $324,000 - $362,000

3 Beds
2 Baths
1,620 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 12, 2025

Last sale price $355,000 $219 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,045/month

20 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Shakopee Senior High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Welcome to 506 3rd Avenue Ein Shakopee, a beautifully renovated 3-bedroom, 2-bathroom home that blends modern updates with timeless charm. Every inch of this home has been updated from top to bottom, making it truly move-in ready.

Step inside to discover new flooring, fresh paint, and an updated kitchen and bathrooms designed with style and functionality in mind. The kitchen features brand-new appliances, sleek finishes, and ample storage, while both bathrooms have been thoughtfully updated for a contemporary feel.

Additional upgrades include new siding, a new HVAC system, and all-new finishes throughout, ensuring long-term comfort and efficiency.

Situated in a prime Shakopee location, this home offers easy access to schools, parks, shopping, and dining. With its modern updates and classic charm, this home is a must-see! Schedule your showing today!

Last Agent to Sell the Property

Scott Swennes

RE/MAX Results Listed on: 05/07/2025

RE/MAX Results

Last Buyer's Agent

Shelby Bjorge

Keller Williams Select Realty

Keller Williams Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 142
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • 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 270018330

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1620
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1620
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Other Structures: Additional Garage
  • PatioPorchType: Rear Porch,Screened

Garage/Parking

  • Parking Features: Detached, Concrete
  • Carport Spaces: 1

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: 60 x 142
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Corner Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 270018330
  • Tax Annual Amount: 2738
  • TaxWithAssessments: 2738.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jun 12, 2025
Sold by
Huynh My and Doan Binh
Bought by
Peterson Maxwell and Frampton Kahtjana
Seller's Agent
Scott Swennes
RE/MAX Results
Buyer's Agent
Shelby Bjorge
Keller Williams Select Realty
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Views
357
Current Estimated Value
$344,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,975
Avg. Annual Appreciation
-6.21%
Original Mortgage
$348,570
Outstanding Balance
$347,666
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
-$3,641

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 5, 2024
Sold by
Weiland Peggy and Riebel Robert
Bought by
Huynh My
Seller's Agent
Dave Brown
Dave Brown, REALTORS
Buyer's Agent
Scott Swennes
RE/MAX Results
List Price
$249,900
Sold Price
$202,000
Premium/Discount to List
-$47,900
-19.17%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.44%

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 4, 2024
Sold by
Riebel Robert Joseph and Wetherille Kevin Ann
Bought by
Wetherille Kevin
Seller's Agent
Dave Brown
Dave Brown, REALTORS
Buyer's Agent
Scott Swennes
RE/MAX Results
List Price
$249,900
Sold Price
$202,000
Premium/Discount to List
-$47,900
-19.17%
Views
168

Purchase Details

Closed on
Mar 31, 2000
Sold by
Meisinger James N
Bought by
Riebel Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peterson Maxwell $355,000 Eagle Creek Title
Huynh My $202,000 --
Wetherille Kevin $202,000 None Listed On Document
Riebel Robert J $93,936 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Maxwell $348,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2025 06/12/25 Sold $355,000 +1.4% $219 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $350,000 +73.3% $216 / Sq Ft
03/08/2024 03/08/24 Sold $202,000 -8.1% $142 / Sq Ft View Prior Sale
02/02/2024 02/02/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $219,900 -4.3% $155 / Sq Ft
01/21/2024 01/21/24 Price Changed $229,900 -8.0% $162 / Sq Ft
01/04/2024 01/04/24 For Sale $249,900 -- $176 / 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 $2,910 $262,600 $134,900 $127,700
2024 $2,738 $256,300 $134,900 $121,400
2023 $3,138 $246,500 $129,700 $116,800
2022 $2,792 $276,900 $129,700 $147,200
2021 $2,430 $214,600 $101,800 $112,800
2020 $2,602 $204,100 $91,200 $112,900
2019 $2,658 $194,600 $84,400 $110,200
2018 $2,442 $0 $0 $0
2016 $1,962 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6717220

NorthstarMLS

APN: 27-001-833-0