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1127 Madison Street South

1127 Madison Street South, Shakopee, MN 55379
Property in Shakopee
Sold Nov 30, 2021
$290,000
$261,000 by Crosscountry Mortgage Llc
Mortgage Due Dec 01, 2051
Local assessors in Shakopee, MN have categorized 1127 Madison Street South as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 760 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1127 Madison Street South has a total of 1,050 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,040 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of asphalt. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Nov 18, 2021 for $290,000. That's $276.19 per sqft. 1127 Madison Street South was last assessed in 2023. The total value of the property was assessed at $311,600. Specifically, the land the property is located on was valued at $166,800. While improvements on the property were assessed at a total of $144,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,320. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1985
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,040
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,050
  • Gross Building Area: 1,980
  • Building Area: 1,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACKSON VIEW ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME JACKSON VIEW ADDN LOT 022 BLOCK 007 SUBDIVISIONCD 27024

Ownership

  • Current Owner : KLUSEMAN BRIAN
  • Current Owner 2: KLUSEMAN JESSICA ROSE
  • Previous Owner : SCHNEIDER ROBERT M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shakopee Public School District
  • School Tax School District: SHAKOPEE
  • School Tax District Code 2: CTY- SHAKOPEE
  • School Tax District Code 3: LWR MN RIVER WS
  • Census Tract: 080600

Geography

  • Assessors Map Reference: PM 27024
  • District: 1000
  • Parcel: 27-024103-0
  • Block: 007
  • Lot: 022
  • Municipality: CITY OF SHAKOPEE
  • Latitude: 44.7854
  • Longitude: -93.5439

    Address

  • Full Address: 1127 Madison St S
  • Address - House Number: 1127
  • Street Segment Direction: S
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: MN
  • City Name: Shakopee
  • Carrier Code: C002
  • 4-Digit Zip Code: 2058
  • Zip Code: 55379

Valuation

    Tax

  • Total Area: 1,237
  • Tax Year: 2023
  • Tax Amount: $3,320
  • Tax Rate Code Area: 2204

    Appraisal Valuation

  • Standard Deviation: 0.1261
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 85
  • Final Value: 355,063
  • High Value: 399,870
  • Low Value: 310,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $261,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $311,600
  • Market Land Value: $166,800
  • Market Improvement Value: $144,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,600
  • Assessed Land Value: $166,800
  • Assessed Improvements Value: $144,800

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11870249572
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 274064

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $261,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Shakopee



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Unit for rent at 12661 N Shannon Drive, Shakopee, MN, 55379

$2,990 /mo

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12661 N Shannon Drive, Shakopee, MN, 55379 Listing by Kimberly Ekelund

Frequently Asked Questions

What neighborhood is 1127 Madison Street South located in?
The 1127 Madison Street South is a located in the neighborhood of Shakopee in Shakopee, Shakopee.
What is the average sales price for listings in 1127 Madison Street South?
The average sales price for units in 1127 Madison Street South is $0 currently.

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