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1216 Monroe St

Shakopee, MN 55379

4 bd 3 ba 2,498 sqft Built 1986 Lot 10,890 sqft single_family
Most recent sale
$439,900
Nov 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Sold $439,900 NorthstarMLS
Oct 17, 2022 Listed $439,900 NorthstarMLS
Sep 30, 2017 Sold $322,900 NorthstarMLS
Jul 24, 2017 Listed $322,900 NorthstarMLS
Jun 3, 1994 Sold $136,800 NorthstarMLS
Mar 23, 1994 Listed $144,900 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $259,600 $168,400 $428,000 $4,652
2022 $372,055 $4,730
2021 $352,300 $4,102
2020 $336,739 $4,464
2019 $307,300 $4,298
2018 $253,500 $3,658
2017 $228,700 $3,234
2016 $229,600 $3,374
2015 $229,600 $2,916
2014 $203,000 $2,814
2013 $194,400 $2,818
2012 $210,700 $2,752
2011 $157,500 $70,000 $227,500 $2,580

Property facts

Year built
1986
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,498 sqft
Lot size
10,890 sqft
ZIP code
55379
City
Shakopee
Street
Monroe St
Coordinates
44.78287, -93.54586

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,747
Gross rental yield
10.22%
Implied cap rate
6.64%
Trend-extrapolated value

Frequently asked questions

When did 1216 Monroe St last sell?
1216 Monroe St most recently sold on Nov 30, 2022 for $439,900.
What is the current tax assessment for 1216 Monroe St?
The most recent total assessment for 1216 Monroe St (year 2023) is $428,000 with $4,652 in property tax.
How does 1216 Monroe St's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $439,900.
When was 1216 Monroe St built?
1216 Monroe St was built in 1986.
How does 1216 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 1216 Monroe St?
1216 Monroe St is a 4 bed, 3 bath, 2,498 sqft, 10,890 sqft lot single_family.
Is 1216 Monroe St a flip candidate?
No — 1216 Monroe St does not appear in our flips dataset.
Is 1216 Monroe St a tax-appeal candidate?
No — 1216 Monroe St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-2.7%
2026 Q3
$461.9K
2026 Q4
$458.6K
ZIP 55379 — Median Price History + Forecast

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