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8501 Portage Lane West

8501 Portage Lane West, Shakopee, MN 55379
Property in Shakopee
Sold Apr 18, 2012
$417,927
$376,130 by Ryland Mortgage Co
Mortgage Due Apr 01, 2042
Sold Apr 05, 2011
$1,800,000
8501 Portage Lane West in Shakopee, MN was first built in 2012 and is 12 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8501 Portage Lane West has 3,180 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 1,526 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,310. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 660 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 C-. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 8501 Portage Lane West was last sold in Mar 30, 2012 for $417,927. According to our calculations, that's $131.42 per sqft. Prior to that sales transaction, the property was sold for $1,800,000 in Apr 1, 2011. Current property owners are expected to pay $6,870 in taxes per year. The property on 8501 Portage Lane West was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $616,400. To break that down further, the land itself was valued at $162,900. While improvements to the property were assessed at a total of $453,500. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C-
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,526
  • Garage Type: Garage
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,180
  • Gross Building Area: 3,508
  • Building Area: 3,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLACIER ESTATES
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 13 TOWNSHIP 115 RANGE 022 SUBDIVISIONNAME GLACIER ESTATES LOT 011 BLOCK 004 SUBDIVISIONCD 27395

Ownership

  • Current Owner : WARNER KAROLINE
  • Current Owner 2: WARNER DAVID F
  • Previous Owner : THE RYLAND GROUP INC
  • Owner Before Previous Owner: CENTRAL BANK
  • 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: 080304

Geography

  • Assessors Map Reference: PM 27395
  • District: 1000
  • Parcel: 27-395043-0
  • Block: 004
  • Lot: 011
  • Meridian: SEC 13 TWN 115N RNG 22W
  • Municipality: CITY OF SHAKOPEE
  • Latitude: 44.7655
  • Longitude: -93.4088

    Address

  • Full Address: 8501 Portage Ln W
  • Address - House Number: 8501
  • Street Segment Direction: W
  • Address - Street Name: Portage
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Shakopee
  • Carrier Code: R016
  • 4-Digit Zip Code: 3185
  • Zip Code: 55379

Valuation

    Tax

  • Total Area: 3,120
  • Tax Year: 2023
  • Tax Amount: $6,870
  • Tax Rate Code Area: 2204

    Appraisal Valuation

  • Standard Deviation: 0.1261
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 85
  • Final Value: 694,078
  • High Value: 781,667
  • Low Value: 606,490

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,130
  • First Open Lien Mortgage Lender: RYLAND MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 18, 2012
  • First Open Lien Mortgage Loan Amount: $376,130
  • 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: Apr 01, 2042

    Market Valuation

  • Market Total Value: $616,400
  • Market Land Value: $162,900
  • Market Improvement Value: $453,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $616,400
  • Assessed Land Value: $162,900
  • Assessed Improvements Value: $453,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2012
  • Current Sale Recording Date: Apr 18, 2012
  • Current Sale Transaction ID: 1109391559
  • Current Sale Price: $417,927
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 903439
  • Previous Sale Recording Date: Apr 05, 2011
  • Previous Sale Contract Date: Apr 01, 2011
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RYLAND MORTGAGE CO
  • First Mortgage Transaction Date: Apr 18, 2012
  • First Mortgage Loan Amount: $376,130
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2042

About Shakopee



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Frequently Asked Questions

What neighborhood is 8501 Portage Lane West located in?
The 8501 Portage Lane West is a located in the neighborhood of Shakopee in Shakopee, Shakopee.
What is the average sales price for listings in 8501 Portage Lane West?
The average sales price for units in 8501 Portage Lane West is $0 currently.

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