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  • Price cut: $10K (8/17)
    $369,900

    702 Madison St S, Shakopee, MN 55379

    3beds
    2,352sqft
    : 
    $2,325/mo
    Get pre-qualified
    Single Family
    Built in 1962
    9,147 Square Feet Lot
    $-- Zestimate®
    $157/sqft
    $-- HOA

    What's special

    Welcome to this wonderfully cared-for three-bedroom, two-bath home in the heart of Shakopee, packed with updated space and charm you will love. From the moment you step inside, you’ll appreciate the warm hardwood floors, natural light flowing through the quality Pella windows, and a layout that offers both comfort and flexibility for everyday living. The main level features a bright kitchen with plenty of cabinets, stainless steel appliances, and a water filtration system, plus two inviting family rooms perfect for movie night, gatherings, or creating separate hangout spaces. Cozy up by the fireplace or enjoy the easy flow out to the deck and fenced backyard. Gardeners will love the raised garden beds, and the shed adds extra storage for tools and outdoor gear. The oversized two-car garage provides room for vehicles, hobbies, and storage, making it a standout feature, with three parking spots next to the garage. The finished lower level expands your living space even more with a bar, built-in entertainment center, a room for an office or workout space, and potential to add a fourth bedroom with an egress window. The unfinished three-quarter bath gives you room to grow as your needs change. And as a bonus, the pool table and equipment can stay if you like, ready for instant fun. This home blends comfort, updates, and future potential. Close to parks, shopping, and everything Shakopee has to offer. A fantastic opportunity for buyers looking for a place that feels like home the moment you walk in.
    13 days
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    496
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    22
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie M Sheehy 763-438-3288,

    Lakes Sotheby's International Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7119659MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/4 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 14x10
      Bedroom 2
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Bedroom 3
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Other
      • Level: Lower
      • Area: 341 Square Feet
      • Dimensions: 31x11
      Other
      • Level: Lower
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Den
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 13x10
      Dining room
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 12x08
      Family room
      • Level: Main
      • Area: 294 Square Feet
      • Dimensions: 21x14
      Kitchen
      • Level: Main
      • Area: 117 Square Feet
      • Dimensions: 13x09
      Laundry
      • Level: Lower
      • Area: 170 Square Feet
      • Dimensions: 17x10
      Living room
      • Level: Main
      • Area: 216 Square Feet
      • Dimensions: 18x12
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Water Filtration System, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
      • Laundry: Lower Level, Laundry Room, Sink
      Features
      • Basement: Block,Drain Tiled,Egress Window(s),Finished,Sump Pump
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,596
      • Total interior livable area: 2,352 sqft
      • Finished area above ground: 1,452
      • Finished area below ground: 900
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage, Concrete, Garage Door Opener, Insulated Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Pool features: None
      • Fencing: Chain Link,Full
      Lot
      • Size: 9,147 Square Feet
      • Dimensions: 71 x 120
      • Features: Tree Coverage - Medium
      Details
      • Additional structures: Storage Shed
      • Foundation area: 1144
      • Parcel number: 270170470
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age Over 8 Years,Asphalt
      Condition
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Notermann Add
      HOA
      • Has HOA: No
      Location
      • Region: Shakopee

      Financial & listing details

      • Price per square foot: $157/sqft
      • Tax assessed value: $327,000
      • Annual tax amount: $3,498
      • Date on market: 8/5/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/17/2026Price change$369,900-2.6%$157/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7119659 Report a problem
        8/8/2026Listed for sale$379,900+81%$162/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7119659 Report a problem
        11/14/2003Sold$209,900+118.9%$89/sqft
        Source: Public Record Report a problem
        4/22/1994Sold$95,900$41/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,240 +3.7%$327,000 +1.6%
        2024$3,124 -8.3%$321,700 +7.3%
        2023$3,408 +7.4%$299,900 -6.3%
        2022$3,172 +15.7%$320,000 +22.8%
        2021$2,742 -8.7%$260,600 +8.2%
        2020$3,002 $240,800
        2019$3,002 +3.8%$240,800
        2018$2,892 +6.7%--
        2016$2,710 --
        2014$2,710 --
        2013-- $142,600
        2012-- $142,600 -16.2%
        2011$2,672 +20.9%$170,100 -12.3%
        2010$2,210 -10%$194,000 -13%
        2009$2,456 -4.7%$223,100
        2008$2,576 +13.5%--
        2007$2,270 +7.3%--
        2006$2,116 +0.8%--
        2005$2,100 +26.4%--
        2004$1,662 +6.3%--
        2003$1,564 +20.5%--
        2002$1,298 -8.8%--
        2001$1,424 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55379

        Getting around

        26 / 100
        Car-Dependent
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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