NOT LISTED FOR SALE

606 Market St S Shakopee, MN 55379

Estimated Value: $266,000 - $351,743

3 Beds
2 Baths
1,850 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $319,900 $173 Per Sq Ft

Current estimated payment $1,917/month

174 Days on Market

Highlights

  • Guest Suite with Kitchen
  • 1 Fireplace
  • 2 Car Attached Garage
  • Eagle Creek Elementary School Rated A-
  • No HOA
  • 1-minute walk to Hiawatha Park

About This Home

As of February 2024

Excellent cash flow potential from multiple income sources. Unique former single family home currently split into a 2 br and one br unit. Could be combined again. 2 car tuckunder garage. 24 x 30 awesome detached garage/shop with 13 foot ceilings and garage door that is 10 feet high. The hoist stays. Next to Hiawatha Park. 2 sets of appliances and 2 furnaces. Great neighborhood. Awesome opportunity ! Great private backyard. 2 newer small sheds.

Last Agent to Sell the Property

Dave Brown

Dave Brown, REALTORS Listed on: 07/17/2023

Co-Listed By

Vincent Brown

Dave Brown, REALTORS

Last Buyer's Agent

Mallorie Rife

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 1926

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 85 x 161
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Foundation
  • Shake Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Guest Suite with Kitchen
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mulberry Meadow 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271620110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,816

Year Built

Built in 1926

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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1926
  • Above Grade Finished Sq Ft: 1850
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24 x 28
  • Second Unit: Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Brick/Mortar
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Gas
  • Living Area: 1850
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Fencing: Wood
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Detached
  • Garage Square Feet: 400

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 85 x 161
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 271620110
  • Tax Annual Amount: 3816
  • TaxWithAssessments: 3816.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Feb 2, 2024
Sold by
Reinke David and Carritt Caroline
Bought by
Johnson Isaac
Seller's Agent
Dave Brown
Dave Brown, REALTORS
Buyer's Agent
Mallorie Rife
Edina Realty, Inc.
List Price
$319,900
Sold Price
$319,900
Views
298
Current Estimated Value
$318,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,464
Avg. Annual Appreciation
-0.28%
Original Mortgage
$255,920
Outstanding Balance
$251,896
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$66,540

Purchase Details

Closed on
Sep 29, 2016
Sold by
Reinke David E and Carritt Caroline
Bought by
Reinke David E and Carritt Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,999
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2005
Sold by
Christianson Alecs C and Christianson Renee L
Bought by
Reinke David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2004
Sold by
The Dean A & Verena F Smith Irrevocable
Bought by
Christianson Renee L and Christianson Alecs C

Purchase Details

Closed on
Aug 7, 2003
Sold by
Smith Dean and Smith Verena
Bought by
Zaback Marlene
Source: Public Records

Range of Values:

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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
Johnson Isaac $319,900 --
Reinke David E -- Elite Title & Escrow
Reinke David E $185,000 --
Christianson Renee L $205,000 --
Zaback Marlene $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Isaac $255,920
Previous Owner Reinke David E $175,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $319,900 0.0% $173 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
10/19/2023 10/19/23 For Sale $319,900 0.0% $173 / Sq Ft
10/18/2023 10/18/23 Off Market $319,900 -- --
08/14/2023 08/14/23 Price Changed $319,900 -3.0% $173 / Sq Ft
07/31/2023 07/31/23 Price Changed $329,900 -2.9% $178 / Sq Ft
07/17/2023 07/17/23 For Sale $339,900 -- $184 / 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 $2,748 $281,700 $151,400 $130,300
2024 $3,492 $277,800 $151,400 $126,400
2023 $3,816 $332,200 $146,400 $185,800
2022 $3,290 $355,200 $146,400 $208,800
2021 $2,838 $269,200 $120,600 $148,600
2020 $3,100 $256,600 $108,000 $148,600
2019 $3,032 $247,700 $99,900 $147,800
2018 $2,718 $0 $0 $0
2016 $2,464 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6403223

NorthstarMLS

APN: 27-162-011-0