5 months on rocket

438 3rd Ave E, Shakopee, MN, 55379

$584,900

Home List Price

$6,946*

Closing Credit

0 Baths
3,133 SqFt
$187/SqFt
Multi

Location

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438 3rd Ave E, Shakopee$584,900

Buyer Closing Credits

$6,946*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDetached
Garage4 spaces
Year Built1950
HeatingSteam, Radiant
BasementYes
MLS #6552292
StatusActive

About 438 3rd Ave E

Welcome to this stunning and recently renovated 4-unit property located at 438 3rd Ave E, Shakopee, Minnesota. Each unit features 1 bedroom and 1 bathroom, ideal for tenants seeking a cozy and modern living space. The property has been updated with a new roof, siding, and gutters, ensuring long-lasting durability and aesthetic appeal. Residents will appreciate the proximity to local amenities, including Valleyfair amusement park, the Minnesota Renaissance Festival, and Mystic Lake Casino. Nearby parks such as Huber Park and Memorial Park offer beautiful outdoor spaces for recreation and relaxation. Commuting is convenient with easy access to major highways like Highway 169 and County Road 101, making travel to the Twin Cities and surrounding areas a breeze. The property is also near various shopping centers, dining options, and top-rated schools within the Shakopee School District, ensuring a well-rounded and enjoyable living experience for residents.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 3,133 SqFt

Listing Office:

  • Office Name: Northstar Real Estate Associates

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Corner Lot, Some Trees

Utilities

Utilities Information:

  • Heating: Steam, Radiant

Other

Directions Information:

  • Directions: I-494 S to US-212 W to Great Plains Blvd. Take the MN-101 exit from US-212 W. Follow Great Plains Blvd to County Hwy 101 to 3rd Ave E in Shakopee. Four-Plex = 438 3rd Avenue E

Price Information

Listing Price Info

Price Summary:

  • List Price: $584,900
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $4,576
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Shakopee, MN.

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Shakopee, MN

City

Med. Sold Price

$394.4K

Med. Price/SqFt

$192

Avg. Days On Market

26

# of Sold Homes

45

438 3rd Ave E vs Shakopee

158 DAYS ON ROCKET

+132 Days

$584,900

+$190.5K More

$187/SqFt

-$6 Less

KEY TAKEAWAY

This property is $190.5K more than the Median Sold Price and $6/SqFt less than other homes in Shakopee, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6552292

Listing Office:

  • Office Name: Northstar Real Estate Associates

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,576$320,000
2019$4,974$304,700
2018$4,412$256,300
2017$4,526$256,300

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-658985
4
/10

  • Sweeney Elementary School

  • 1001 Adams St S

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-658986
8
/10

  • Jackson Elementary School

  • 1601 Lusitano St

  • 1.81 miles

  • Public District Grades KG-5

school-card-donut-658987
7
/10

  • Sun Path Elementary School

  • 2250 17th Ave E

  • 2.13 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,000. Residents of Shakopee, MN typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Scott County›Shakopee›55379›438 3rd Ave E

This home is located at 438 3rd Ave E in Shakopee, MN and zip code 55379. This 3,133 square foot home was built in 1950. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $584,900.

While more than 17 listings in Shakopee, MN in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 18 were sold below. In October 2024 in Shakopee, MN there were 15.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 26 days, the median list price was $394,400.

From Rocket Homes Real Estate and based on county public records data.

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