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1497 Homestead Street

1497 Homestead Street, Shakopee, MN 55379
House in Shakopee
Sold Jul 28, 2021
$355,000
$348,750 by Cmg Mortgage Inc
Mortgage Due Jun 01, 2051
Sold Feb 26, 2018
$299,000
$293,584 by Franklin American Mortgage Co
Mortgage Due Mar 04, 2048
1497 Homestead Street has been categorized by the local assessors in Shakopee, MN as a residential type of property. The building on the property was first built in 1996 and is 28 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 1497 Homestead Street has 1,130 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,122 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,148 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 660 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1497 Homestead Street was last sold in May 27, 2021 for $355,000. According to our calculations, that's $314.16 per sqft. Prior to that sales transaction, the property was sold for $299,000 in Feb 21, 2018. Current property owners are expected to pay $4,034 in taxes per year. The property on 1497 Homestead Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $358,000. To break that down further, the land itself was valued at $164,900. While improvements to the property were assessed at a total of $193,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Metal Exterior
Stone Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: D
  • Building Style: Split foyer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 1,122
  • Garage Type: Garage
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,130
  • Gross Building Area: 3,014
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOMESTEAD RIDGE 2ND ADDN
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME HOMESTEAD RIDGE 2ND ADDN LOT 009 BLOCK 001 SUBDIVISIONCD 27198

Ownership

  • Current Owner : LOPEZ KIMBERLY
  • Current Owner 2: LOPEZ MANUEL
  • Previous Owner : SKAR SARA E
  • Previous Owner 2: SKAR WILLIAM D
  • Owner Before Previous Owner: CHRISTOFFER NICK
  • Owner Before Previous Owner 2: CHRISTOFFER ANGELA
  • 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: 080305

Geography

  • Assessors Map Reference: PM 27198
  • District: 1000
  • Parcel: 27-198009-0
  • Block: 001
  • Lot: 009
  • Municipality: CITY OF SHAKOPEE
  • Latitude: 44.7798
  • Longitude: -93.5178

    Address

  • Full Address: 1497 Homestead St
  • Address - House Number: 1497
  • Address - Street Name: Homestead
  • Address - Suffix Type: St
  • State: MN
  • City Name: Shakopee
  • Carrier Code: R005
  • 4-Digit Zip Code: 3375
  • Zip Code: 55379

Valuation

    Tax

  • Total Area: 1,582
  • Tax Year: 2023
  • Tax Amount: $4,034
  • Tax Rate Code Area: 2204

    Appraisal Valuation

  • Standard Deviation: 0.1402
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 392,770
  • High Value: 447,861
  • Low Value: 337,679

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $437,991
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Loan Amount: $348,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: May 24, 2023
  • Second Open Lien Mortgage Loan Amount: $89,241
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $358,000
  • Market Land Value: $164,900
  • Market Improvement Value: $193,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,000
  • Assessed Land Value: $164,900
  • Assessed Improvements Value: $193,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11845878790
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1134917
  • Previous Sale Recording Date: Feb 26, 2018
  • Previous Sale Contract Date: Feb 21, 2018
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $348,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Feb 26, 2018
  • Previous Mortgage Loan Amount: $293,584
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 04, 2048

About Shakopee



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Frequently Asked Questions

What neighborhood is 1497 Homestead Street located in?
The 1497 Homestead Street is a house located in the neighborhood of Shakopee in Shakopee, Shakopee.
What is the average sales price for listings in 1497 Homestead Street?
The average sales price for units in 1497 Homestead Street is $0 currently.

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