NOT LISTED FOR SALE

7942 Spring Lake Ln Shakopee, MN 55379

Estimated Value: $624,000 - $692,000

4 Beds
3.5 Baths
4,395 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $645,101 $147 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,093/month

26 Days on Market

Highlights

  • Loft
  • 1 Fireplace
  • 3 Car Attached Garage
  • Eagle Creek Elementary School Rated A-
  • Home Office
  • Living Room

About This Home

As of June 2023

2015 Built East Facing 4 bed/4 bath in Dakota Crossing This home has plenty of space with over 4400 finished square feet and has upgrades throughout the home. Main level features a bright open entry, an extended front porch, a large morning room, formal dining, a study/office, and bath. The gourmet kitchen with quartz countertops and an enlarged kitchen island, as well as the informal dining and living room spaces, are nice and open. Great for entertaining or family time. The upper level features a spacious master suite with a vault, a private bath with jetted bathtub and standing shower, and a large master closet. 2 more bedrooms and a large, oversized loft A full bath, and a nice-sized laundry room A completely finished basement with huge recreational space, a home theater, a bedroom, a full walk-in shower, and a mechanical room with a ton of space for storage. A 0.26-acre lot with a 16x24 composite deck and lower-level patio make this a great outdoor space to entertain.

Last Agent to Sell the Property

Rowdheer Kapidi

Bridge Realty, LLC Listed on: 04/06/2023

Bridge Realty, LLC

Last Buyer's Agent

Nagamalleswara Bollu

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 2015

Lot Details

  • 0.26

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Home Office
  • Loft
  • Game Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Drainage System
  • Sump Pump

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Dakota Crossing HOA
  • Dakota Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 274270510

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,614

Year Built

Built in 2015

Lot Details

0

HOA Fees

$10 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: Submersible - 4 Inch
  • Fee Frequency: Monthly
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 3173
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drainage System, Sump Pump, Walkout
  • Living Area: 4395
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1222
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Bedroom 4, Sun Room, Office, Amusement Room
  • SqFtTotal: 4811.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 641

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Association Fee: 10
  • Association: Yes

Association/Amenities

  • HOA Management Co: Dakota Crossing HOA

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 0
  • Lot Size Sq Ft: 11456.28
  • Land Lease: No
  • 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: 2023
  • Assessor Parcel Number: 274270510
  • Tax Annual Amount: 6614
  • TaxWithAssessments: 6614.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jun 12, 2023
Sold by
Mekala Gopinath and Mekala Prathibha Bharathi
Bought by
Jha Mukesh Kumar and Pathak Annu Kumari
Seller's Agent
Rowdheer Kapidi
Bridge Realty, LLC
Buyer's Agent
Nagamalleswara Bollu
Bridge Realty, LLC
List Price
$685,000
Sold Price
$645,101
Premium/Discount to List
-$39,899
-5.82%
Views
60
Current Estimated Value
$668,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,184
Avg. Annual Appreciation
1.31%
Original Mortgage
$516,080
Outstanding Balance
$504,365
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$160,314

Purchase Details

Closed on
Dec 14, 2015
Sold by
Calatlantic Group Inc
Bought by
Mekala Gopinath and Atla Prathibha Bharathi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2013
Sold by
Zoschke Sandra and Zoschke Amanda
Bought by
The Ryland Group Inc
Source: Public Records

Range of Values:

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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
Jha Mukesh Kumar $645,100 Lake Title
Mekala Gopinath $444,045 Ryland Title
The Ryland Group Inc $1,018,818 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jha Mukesh Kumar $516,080
Previous Owner Mekala Gopinath $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $645,101 -0.6% $147 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $649,000 -5.3% $148 / Sq Ft
04/06/2023 04/06/23 For Sale $685,000 -- $156 / 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 $6,642 $623,700 $163,300 $460,400
2024 $6,546 $609,500 $160,100 $449,400
2023 $6,614 $594,400 $155,500 $438,900
2022 $6,030 $590,600 $149,500 $441,100
2021 $5,262 $475,800 $125,400 $350,400
2020 $5,890 $452,800 $104,500 $348,300
2019 $6,090 $445,100 $96,900 $348,200
2018 $6,548 $0 $0 $0
2016 $1,126 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rowdheer Kapidi

    Seller's Agent in 2023

    Rowdheer Kapidi

    Bridge Realty, LLC

    (612) 810-7790

    15 in this area

    372 Total Sales

    Rowdheer Kapidi
    Section Image
  • Nagamalleswara Bollu

    Buyer's Agent in 2023

    Nagamalleswara Bollu

    Bridge Realty, LLC

    (651) 260-6431

    4 in this area

    76 Total Sales

    Nagamalleswara Bollu
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6348572

NorthstarMLS

APN: 27-427-051-0

Minnesota Scott County Shakopee 55379

7942 Spring Lake Ln, Shakopee, MN

This home is located at 7942 Spring Lake Ln, Shakopee, MN 55379 since 06 April 2023 and is currently estimated at $668,285, approximately $152 per square foot. This property was built in 2015. 7942 Spring Lake Ln is a home located in Scott County with nearby schools including Eagle Creek Elementary School, East Middle School, and Shakopee Senior High School.

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