702 Madison Street S, Shakopee, MN 55379 - MLS# 7157192
$365,000
Welcome to this wonderful 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. The layout offers both comfort and flexibility for everyday living. The main level features a bright kitchen with plenty of cabinets, stainless steel appliances, a water filtration system. An open dining area, living room as well as a family rooms perfect for movie night, gatherings, or creating separate hangout spaces. Cozy up by the fireplace or walk 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, with three parking spots next to the garage. The finished lower level expands your living space with a bar, built-in entertainment center, a room which could be used as an office, craft room or workout space, and potential to make it a fourth bedroom by adding an egress window. The unfinished bathroom 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.
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Lower Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1960-1969, about 62% of occupied homes are owner-occupied, and the average commute is 17 minutes.
Cost of Ownership
Median home value
$307,200
Lower than the Shakopee median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$2,832/yr
Lower than the Shakopee median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,724/mo
Lower than the Shakopee median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$600/mo
Lower than the Shakopee median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,071/mo
Lower than the Shakopee median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
62%
Lower than Shakopee overall
The share of occupied homes lived in by their owners.
Median year built
1968
Similar to the Shakopee median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1970-197919%
- 1960-196921%
- 1950-195916%
- 1940-19497%
- 1939 or earlier11%
Types of homes
The share of housing units in each building type.
- Single-family detached60%
- Townhome / attached4%
- 5+ units29%
Getting Around
Average commute
17 min
Lower than the Shakopee median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone75%
- Carpool11%
- Work from home12%
Homes with broadband
92%
Similar than Shakopee overall
The share of households with a broadband internet subscription.
