421 1st Ave E, Shakopee, MN 55379 Property Records

Scott County property record for 421 1st Ave E, Shakopee, MN 55379 · Last verified July 2026

Property Summary

Property TypeApartments (5+ Units)
Details10 ba · 7,824 sqft · built 1967
Lot Size0.2 acres (8,712 sqft)
OwnerCompany Name on File
Last Sale$850,000 (Sep 2020)
Tax Bill$18,428 (2026)
Deeds & MortgagesMay 2018 Line of Credit
Sep 2020 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN27-001025-0

Property Details

APN / Parcel Number

Primary APN27-001025-0

Interior

Full Baths10 Baths
Building Area7,824 sqft Total Area

Exterior

Year BuiltBuilt 1967
Effective Year BuiltEffective 1967
Exterior MaterialConcrete Block
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area8,712 sqft (0.2 acres)

Location & Zoning

Street Address421 1ST AVE E
CitySHAKOPEE
StateMN
Zip55379-1462
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionCITY OF SHAKOPEE LOT 003 BLOCK 001
Legal SubdivisionCITY OF SHAKOPEE
Legal Block1
Legal Lot Number3
JurisdictionSCOTT MN
Township / Civil DivisionSHAKOPEE
Census Block Group3
Census Block3002
Census Tract80400

Owner

Source: Scott County records · APN 27-001025-0

Assessment roll updated May 12, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address1332 BURKE CIR E, SAINT PAUL, MN 55109-3450
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
May 03, 2018Deed of Trust, Mortgage · Line of Credit
THE STATE BANK OF FARIBAULT
Sep 27, 2020Warranty Deed, Transfer · Stand-Alone First Mortgage
ROYAL CU
May 04, 2017Warranty Deed, Mortgage
LAKEVIEW BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleSep 27, 2020 · Amount on Record
Deed SaleSep 27, 2020 · Amount on Record
Prior SaleDec 07, 2004 · Amount on Record
Deed Document Number20201104586
Prior Transfer DateAug 11, 2014
Prior Transfer Doc0000963358
Record UpdatedSep 20, 2026

May 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSCOTT MN
Property Address421 1ST AVE E, SHAKOPEE, MN 55379-1462
Transaction TypeMortgage
Record UpdatedOct 25, 2022
Title CompanyEAGLE CREEK TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001045915
DateMay 03, 2018
Instrument1045915
Lender
NameTHE STATE BANK OF FARIBAULT
TypeBank
AddressFARIBAULT, MN 55021
Agreement
TypeLine of Credit
AmountAmount Recorded
Term119 Months
DueApr 05, 2028
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

September 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSCOTT MN
Recording DateSep 27, 2020
Property Address421 1ST AVE E, SHAKOPEE, MN 55379-1462
Document Number0001104586
Instrument DateSep 09, 2020
Instrument1104586
Transaction TypeTransfer
Record UpdatedSep 06, 2022
Title CompanyEAGLE CREEK TITLE LLC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$2,805.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address1332 BURKE CIR E, MAPLEWOOD, MN 55109-3450

Mortgage

Document Number0001104587
DateSep 27, 2020
Instrument1104587
Lender
NameROYAL CU
TypeCredit Union
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded
Term300 Months
DueSep 15, 2045

May 2017: Warranty Deed, Mortgage

Document TypeWarranty Deed
JurisdictionSCOTT MN
Recording DateMay 04, 2017
Property Address421 1ST AVE E, SHAKOPEE, MN 55379-1462
Document Number0001024703
Instrument DateApr 25, 2017
Instrument1024703
Transaction TypeMortgage
Record UpdatedMay 16, 2017
Title CompanyEAGLE CRK TITLE

Transaction

AmountAmount Recorded
Tax$6.00
Amount AccuracyConfirmed

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address421 1ST AVE E SHAKOPEE MN 553791462, SHAKOPEE, MN 55379-1462

Mortgage

Document Number1024704
DateMay 04, 2017
Instrument1024704
Lender
NameLAKEVIEW BK
TypeBank
AddressLAKEVILLE, MN 55044
Agreement
AmountAmount Recorded
Term60 Months
DueMay 03, 2022

Tax Assessment & Valuation

Source: Scott County records · Assessment roll updated May 12, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyScott County
MunicipalityShakopee City
Unified School DistrictShakopee Public School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2026$18,428.00 (+4.96%)$1,202,400 (+4.03%) Land $234,800 Building $967,600$1,202,400 (+4.03%) Land $234,800 Building $967,600
2025$17,558.00 (-0.66%)
2024$17,674.00 (+23.3%)$1,155,800 (-) Land $235,800 Building $920,000$1,155,800 (-) Land $235,800 Building $920,000
2023$14,334.00$1,155,800 Land $235,800 Building $920,000$1,155,800 Land $235,800 Building $920,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Scott County (27139C), updated January 6, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo
Nearest Special Flood Hazard AreaZone AE, within 500 ft

Wildfire

Wildfire RiskLow
above 6% of the US · above 20% of Minnesota
Wildfire LikelihoodAbout 1 in 9,091 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on 1st Ave E

Nearby Streets

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