Scott County property record for 407 1st Ave E, Shakopee, MN 55379
| Property Type | Commercial |
|---|---|
| Details | 3 bd · 3 ba · 4,824 sqft · built 1962 |
| Lot Size | 0.2 acres (8,712 sqft) |
| Owner | Company Name on Record |
| Last Sale | $134,650,000 (Dec 2022) |
| Tax Bill | $7,541 (2026) |
| Deeds & Mortgages | Jun 2025 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 27-259002-1 |
| Primary APN | 27-259002-1 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 3 Baths |
| Building Area | 4,824 sqft Total Area |
| Year Built | Built 1962 |
|---|---|
| Effective Year Built | Effective 1962 |
| Exterior Material | Concrete Block |
| Roof Type | Gable |
| Roof Material | Composition Shingle |
| Lot Area | 8,712 sqft (0.2 acres) |
| Street Address | 407 1ST AVE E |
|---|---|
| City | SHAKOPEE |
| State | MN |
| Zip | 55379-1456 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | BLOCK 002 LOT UNT CIC 1065 PERRY CONDOMINIUM SUBDIVPHASE 1ST AMENDED |
| Legal Subdivision | CIC 1065 PERRY CONDOMINIUM |
| Legal Block | 2 |
| Legal Lot Number | UNT |
| Jurisdiction | SCOTT MN |
| Township / Civil Division | SHAKOPEE |
| Census Block Group | 3 |
| Census Block | 3002 |
| Census Tract | 80400 |
Source: Scott County records, as of September 22, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 403 1ST AVE E, SHAKOPEE, MN 55379-1439 |
| Owner Type | Company |
| Vesting | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Dec 30, 2022 · Amount on Record |
| Deed Sale | Dec 30, 2022 · Amount on Record |
| Prior Sale | Dec 22, 2022 · Amount on Record |
| Deed Document Number | 20221168497 |
| Prior Transfer Date | Aug 27, 2013 |
| Prior Transfer Doc | 0000944306 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SCOTT MN |
| Property Address | 407 1ST AVE E, SHAKOPEE, MN 55379-1456 |
| Transaction Type | Mortgage |
| Record Updated | May 12, 2026 |
| Title Company | SAC COUNTY ABSTRACT, SCOTT COUNTY ABSTRACT |
| Name | Verified Name |
|---|
| Document Number | 00A1207597 |
|---|---|
| Date | Jun 23, 2025 |
| Instrument | A1207597 |
| Name | MINNWEST BANK |
|---|---|
| Type | Bank |
| Address | WASECA, MN 56093 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: Scott County assessment roll, as of May 12, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Scott County |
| Municipality | Shakopee City |
| Unified School District | Shakopee Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $7,541.00 (+5.35%) | $738,100 (+62.22%) Land $179,600 Building $558,500 | $738,100 (+62.22%) Land $179,600 Building $558,500 |
| 2025 | $7,158.00 (-0.39%) | $455,000 (-) Land $100,000 Building $355,000 | $455,000 (-) Land $100,000 Building $355,000 |
| 2024 | $7,186.00 (+31.61%) | $455,000 (-) Land $100,000 Building $355,000 | $455,000 (-) Land $100,000 Building $355,000 |
| 2023 | $5,460.00 | $455,000 Land $100,000 Building $355,000 | $455,000 Land $100,000 Building $355,000 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
Source: FEMA National Flood Hazard Layer, effective January 6, 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 100 ft |
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 60% of Minnesota |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | Indirect within ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | Shakopee serves 47,000 people · EPA ID MN1700009 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jul 2025 |
| Lead | 2 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 2 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 360 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Metronet Fiber | 5,120 / 5,120 |
| AT&T Fiber · Fixed Wireless | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
| Netwave Broadband Fixed Wireless · not low latency | 125 / 40 |
| T-Mobile Fixed Wireless | 100 / 20 |
May also be available: CenturyLink, GigFire, Verizon.
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