NOT LISTED FOR SALE

7224 Berkshire Ln Shakopee, MN 55379

Estimated Value: $509,000 - $559,000

5 Beds
3.5 Baths
3,101 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $480,000 $155 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,327/month

26 Days on Market

Highlights

  • Deck
  • Recreation Room
  • The kitchen features windows
  • Shakopee Senior High School Rated A-
  • Den
  • 2-minute walk to Hamlet Park

About This Home

As of September 2022

Wonderfully maintained and updated 5 BR, 4 bath 2 story home located on large completely fenced yard in highly desirable Southbridge development. This home shines from top to bottom and is located on quiet ½ circle street within walking distance to parks (dog park also), shopping and restaurants. Many aspects of the home have been updated including: basement completely professionally finished in 2020, deck added in 2020. Central air and furnace 2017, second floor bathroom and main floor bathroom recently remodeled, newer carpet on main and upper level, roof 2013, other updates include crown molding, granite kitchen, tile backsplash, and tile flooring in kitchen. Other features include solid 6 panel doors, 9’ celings, fireplace, jacuuzi tub in master, knock down ceilings and more!

Last Agent to Sell the Property

Dan Hennen

RE/MAX Advantage Plus Listed on: 07/27/2022

RE/MAX Advantage Plus

Last Buyer's Agent

Randel Schwab

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1999

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 82x149x94x151
  • Property is Fully Fenced
  • Wood Fence
  • Few Trees

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include professional mgmt
  • Hamlet At Southbridge Association, Phone Number (952) 233-3707
  • Southbridge 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 272500310

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,828

Year Built

Built in 1999

Lot Details

0

HOA Fees

$26 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 2191
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 3101
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 910
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Recreation Room, Den, Deck
  • SqFtTotal: 3101.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Full, Wood

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 696

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt
  • Phone: 952-233-3707
  • Association Fee: 310
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: Hamlet at Southbridge

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 82x149x94x151
  • Lot Size Sq Ft: 13503.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 272500310
  • Tax Annual Amount: 4828
  • TaxWithAssessments: 4828.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Sfr Acquisitions 3 Llc
Bought by
Sfr Borrower 2024-A Llc
Current Estimated Value
$526,934

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 9, 2022
Sold by
George and Margaux
Bought by
Sfr Acquisitions 3 Llc
Seller's Agent
Dan Hennen
RE/MAX Advantage Plus
Buyer's Agent
Randel Schwab
LPT Realty, LLC
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Jan 24, 2008
Sold by
Walker William F and Walker Karen J
Bought by
George Jay and George Margaux

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1999
Sold by
College City Homes Inc
Bought by
Walker William F and Walker Karen J

Purchase Details

Closed on
Oct 2, 1998
Sold by
Shakopee Crossing Ltd Partnership
Bought by
College City Homes Inc
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
Sfr Borrower 2024-A Llc $500 Realtech Title
Sfr Acquisitions 3 Llc $480,000 Trademark Title
George Jay $324,000 --
Walker William F $235,000 --
College City Homes Inc $52,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Jay $175,000
Previous Owner George Jay $259,200
Previous Owner Walker William F $335,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $480,000 -4.0% $155 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $499,900 -2.0% $161 / Sq Ft
08/04/2022 08/04/22 Price Changed $510,000 -2.9% $164 / Sq Ft
07/27/2022 07/27/22 Price Changed $525,000 0.0% $169 / Sq Ft
07/27/2022 07/27/22 For Sale $525,000 -- $169 / 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 $4,986 $481,300 $167,800 $313,500
2024 $4,938 $474,000 $164,500 $309,500
2023 $4,956 $462,200 $159,700 $302,500
2022 $4,828 $456,100 $153,600 $302,500
2021 $4,090 $382,800 $132,000 $250,800
2020 $3,966 $356,500 $110,000 $246,500
2019 $3,890 $308,300 $102,000 $206,300
2018 $3,976 $0 $0 $0
2016 $4,012 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6240791

NorthstarMLS

APN: 27-250-031-0