NOT LISTED FOR SALE

736 Spencer St S Shakopee, MN 55379

Estimated Value: $292,000 - $320,000

3 Beds
2 Baths
1,950 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $124,000 $64 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,903/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Hiawatha Park
  • Eagle Creek Elementary School Rated A-

About This Home

As of December 2014

This home is located at 736 Spencer St S, Shakopee, MN 55379 since 10 November 2014 and is currently estimated at $304,309, approximately $156 per square foot. This property was built in 1940. 736 Spencer St S is a home located in Scott County with nearby schools including Eagle Creek Elementary School, East Middle School, and Shakopee Senior High School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 71x120

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electric, fuel, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,693

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 11
  • Construction: Previously Owned
  • Projected Closed Date: 12/30/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1704
  • Estimated Number of Acres: 0.2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1450
  • Total Fin Square Footage: 1950
  • Below Grade Finished Sq Ft: 500

Exterior Features

  • Frontage Road: City
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Schools

  • School District: Shakopee #720

Lot Info

  • Estimated Lot Dimensions: 71x120

Rental Info

  • Owner Expense: Electric, Fuel, Snow, Trash, Water/Sewer

Building Info

  • Year Built: 1940

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Expense: 3300

Tax Info

  • Year: 2014
  • Tax Value: 1693

MLS Schools

  • School District: Shakopee #720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Dec 23, 2014
Sold by
Anderson Jack A and Anderson Veneta M
Bought by
Nunez Alexander A
List Price
$124,900
Sold Price
$124,000
Premium/Discount to List
-$900
-0.72%
Total Days on Market
14
Current Estimated Value
$304,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,309
Avg. Annual Appreciation
9.01%
Original Mortgage
$121,754
Outstanding Balance
$94,704
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$209,605

Range of Values:

Collateral Analytics

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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
Nunez Alexander A $124,000 Trademark Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Alexander A $20,000
Open Nunez Alexander A $121,754
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $124,000 -0.7% $64 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
11/10/2014 11/10/14 For Sale $124,900 -- $64 / 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
2024 $2,584 $262,700 $134,900 $127,800
2023 $2,798 $252,500 $129,700 $122,800
2022 $2,582 $267,600 $129,700 $137,900
2021 $2,206 $216,900 $101,800 $115,100
2020 $2,360 $206,300 $91,200 $115,100
2019 $2,476 $196,000 $84,400 $111,600
2018 $2,156 $0 $0 $0
2016 $1,954 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4693383

REALTOR® Association of Southern Minnesota

APN: 27-001-761-0