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1624 Belmont Avenue Northwest

1624 Belmont Avenue Northwest, Shakopee, MN 55379
Property in Prior Lake
Sold Aug 04, 2015
$565,000
$417,000 by Richfield Bloomington Cu
Mortgage Due Aug 01, 2035
Sold Mar 02, 2012
$456,896
$320,000 by Summit Mortgage Corp
Mortgage Due Mar 01, 2032
1624 Belmont Avenue Northwest in Shakopee, MN was first built in 2011 and is 13 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. 1624 Belmont Avenue Northwest has 3,252 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 1,414 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,070 ft and the linear feet between the front and back of the lot is 1,890. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 840 sqft. There are a total of 3 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 unknown. 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, 1624 Belmont Avenue Northwest sold most recently in Jul 30, 2015 for a total of $565,000. If you work out the math, that's approximately a cost of $173.74 per sqft. Before that, the property was also sold for $456,896 in Feb 29, 2012. 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 $6,680 in taxes each year. 1624 Belmont Avenue Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $666,700. If we break it down further, the land itself was valued at $212,000. Improvements to the property, however, were assessed at a total of $454,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: C-
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,414
  • Garage Type: Garage
  • Garage Square Area: 840
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,890
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,252
  • Gross Building Area: 4,240
  • Building Area: 3,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT ESTATES
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION 05 TOWNSHIP 114 RANGE 022 SUBDIVISIONNAME BELMONT ESTATES LOT 005 BLOCK 001 SUBDIVISIONCD 25447

Ownership

  • Current Owner : JOHNSON RICHARD KARL
  • Current Owner 2: JOHNSON HOLLIE EVE
  • Previous Owner : SEVCIK STEVEN T
  • Previous Owner 2: SEVCIK KATHLEEN M
  • Owner Before Previous Owner: KEY LAND HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prior Lake-Savage Area Schools
  • School Tax School District: PRIOR LAKE
  • School Tax District Code 2: CTY-PRIOR LAKE
  • School Tax District Code 3: SCOTT COUNTY WM
  • Census Tract: 080903

Geography

  • Assessors Map Reference: PM 25447
  • District: 0800
  • Parcel: 25-447005-0
  • Block: 001
  • Lot: 005
  • Meridian: SEC 5 TWN 114N RNG 22W
  • Municipality: CITY OF PRIOR LAKE
  • Latitude: 44.7113
  • Longitude: -93.4876

    Address

  • Full Address: 1624 Belmont Ave Nw
  • Address - House Number: 1624
  • Street Segment Direction: NW
  • Address - Street Name: Belmont
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Shakopee
  • Carrier Code: R006
  • 4-Digit Zip Code: 7803
  • Zip Code: 55379

Valuation

    Tax

  • Total Area: 3,090
  • Tax Year: 2023
  • Tax Amount: $6,680
  • Tax Rate Code Area: 2003

    Appraisal Valuation

  • Standard Deviation: 0.1383
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 785,317
  • High Value: 893,927
  • Low Value: 676,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: RICHFIELD BLOOMINGTON CU
  • First Open Lien Mortgage Recording Date: Aug 04, 2015
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $666,700
  • Market Land Value: $212,000
  • Market Improvement Value: $454,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $666,700
  • Assessed Land Value: $212,000
  • Assessed Improvements Value: $454,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2015
  • Current Sale Recording Date: Aug 04, 2015
  • Current Sale Transaction ID: 1278822793
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 985194
  • Previous Sale Recording Date: Mar 02, 2012
  • Previous Sale Contract Date: Feb 29, 2012
  • Previous Sale Amount: $456,896
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RICHFIELD BLOOMINGTON CU
  • First Mortgage Transaction Date: Aug 04, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 02, 2012
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2032

About Prior Lake



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Frequently Asked Questions

What neighborhood is 1624 Belmont Avenue Northwest located in?
The 1624 Belmont Avenue Northwest is a located in the neighborhood of Prior Lake in Prior Lake, Shakopee.
What is the average sales price for listings in 1624 Belmont Avenue Northwest?
The average sales price for units in 1624 Belmont Avenue Northwest is $0 currently.

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