7942 Spring Lake Ln Shakopee, MN 55379
Estimated Value: $626,000 - $691,223
4
Beds
3.5
Baths
4,395
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- Loft
- 1 Fireplace
- 3 Car Attached Garage
- Eagle Creek Elementary School Rated A-
- Home Office
- Living Room
About This Home
As of June 20232015 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.
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
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%
Total Days on Market
26
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,455
Avg. Annual Appreciation
1.61%
Original Mortgage
$516,080
Outstanding Balance
$504,365
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$161,191
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
Similar Homes in Shakopee, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $100,000 | |
| Previous Owner | Mekala Gopinath | $351,000 | |
| Previous Owner | Mekala Gopinath | $360,700 | |
| 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
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
17 in this area
377 Total Sales
-
Nagamalleswara Bollu
Buyer's Agent in 2023
Nagamalleswara Bollu
Bridge Realty, LLC
(651) 260-6431
5 in this area
77 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6348572
APN: 27-427-051-0
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