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735 Spencer Street South

735 Spencer Street South, Shakopee, MN 55379
Property in Shakopee
Sold Jan 21, 2021
$231,000
$224,070 by Crosscountry Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Mar 29, 2010
$79,000
735 Spencer Street South in Shakopee, MN was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 735 Spencer Street South has 776 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 776 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 480 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of unknown. While the interior walls are made of plaster. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 735 Spencer Street South sold most recently in Nov 30, 2020 for a total of $231,000. If you work out the math, that's approximately a cost of $297.68 per sqft. Before that, the property was also sold for $79,000 in Mar 17, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,452 in taxes each year. 735 Spencer Street South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $225,700. If we break it down further, the land itself was valued at $126,000. Improvements to the property, however, were assessed at a total of $99,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 776
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 710
  • Total Building Area: 776
  • Gross Building Area: 1,872
  • Building Area: 776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF SHAKOPEE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISIONNAME CITY OF SHAKOPEE LOT 001 BLOCK 103 SUBDIVISIONCD 27001 S 71' OF LOTS 1 & 2

Ownership

  • Current Owner : FACTOR NATHAN
  • Previous Owner : TRUNG NGUYEN
  • Previous Owner 2: NGUYEN HOA T
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • 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: 080400

Geography

  • Assessors Map Reference: PM 27001
  • District: 1000
  • Parcel: 27-001768-0
  • Block: 103
  • Lot: 001
  • Municipality: CITY OF SHAKOPEE
  • Latitude: 44.7922
  • Longitude: -93.5203

    Address

  • Full Address: 735 Spencer St S
  • Address - House Number: 735
  • Street Segment Direction: S
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: MN
  • City Name: Shakopee
  • Carrier Code: C010
  • 4-Digit Zip Code: 2314
  • Zip Code: 55379

Valuation

    Tax

  • Total Area: 868
  • Tax Year: 2023
  • Tax Amount: $2,452
  • Tax Rate Code Area: 2204

    Appraisal Valuation

  • Standard Deviation: 0.1493
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 81
  • Final Value: 264,479
  • High Value: 303,966
  • Low Value: 224,992

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,070
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 21, 2021
  • First Open Lien Mortgage Loan Amount: $224,070
  • 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, 2050

    Market Valuation

  • Market Total Value: $225,700
  • Market Land Value: $126,000
  • Market Improvement Value: $99,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,700
  • Assessed Land Value: $126,000
  • Assessed Improvements Value: $99,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Transaction ID: 11814302265
  • Current Sale Price: $231,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1117196
  • Previous Sale Recording Date: Mar 29, 2010
  • Previous Sale Contract Date: Mar 17, 2010
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 21, 2021
  • First Mortgage Loan Amount: $224,070
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Shakopee



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Frequently Asked Questions

What neighborhood is 735 Spencer Street South located in?
The 735 Spencer Street South is a located in the neighborhood of Shakopee in Shakopee, Shakopee.
What is the average sales price for listings in 735 Spencer Street South?
The average sales price for units in 735 Spencer Street South is $0 currently.

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