Shakopee Foreclosed Homes Listings

October 10, 2008 According to The City of Shakopee, Shakopee is located in the southwest corner of the Twin Cities metropolitan area, 23 miles from Minneapolis, on the Minnesota River. Residents of Shakopee enjoy both the atmosphere of a small town and the resources of a thriving metropolitan area. Incorporated in 1857 as a booming river town, today Shakopee is the county seat of Scott County, one of the fastest growing counties in the United States.

The city has its own downtown central business district, regional medical center and business park and is home to regional entertainment attractions such as Historic Murphy’s Landing, Valley Fair Amusement Park, and Canterbury Park Racetrack.

I decided to research foreclosure listings in this great town.
I uncovered 53 homes for sale that are listed as foreclosed homes in Shakopee. The foreclosed homes in Shakopee range in asking price from $82,900 to $825,000.
Total finished square feet ranged from 728sq.ft. all the way up to 6,600sq.ft. These foreclosed homes were built from 1985 to as recent as 2006.
One particular Shakopee foreclosed caught my eye. 584 Vista Ridge Lane, Shakopee. Personally I like the look of the home. Built in 1995 this home has 3 bedrooms and 3 baths, along with a 3 car attached garage. It boosts a whopping total finished sq. ft. of 4,500 and sits on 1.13 acres according to the MLS listing.
In May 2006 this home was listed for $789,000 and is now on the market for $434,900.
I found 4 good comparables that are currently on the market from $799,000 to $1,329,000. The neighborhood supports the value of the subject foreclosed home, and appears to be a really good price!

If you would like me to find a foreclosed home for you, just let me know where and I can run a full personalized foreclosed home report.