Shakopee FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Shakopee, Minnesota.

Featured Foreclosure Listings in Shakopee, MN

Shakopee Home Foreclosure Listing ID: 2018481

Foreclosure

Shakopee, MN - 55379

3 Bd | 1 Ba | $60,500.00

Shakopee Home Foreclosure Listing ID: 2018482

Foreclosure

Shakopee, MN - 55379

2 Bd | 1 Ba | $99,900.00

Shakopee Home Foreclosure Listing ID: 2055474

Foreclosure

Shakopee, MN - 55379

2 Bd | 1.5 Ba | $119,900.00

Shakopee Home Foreclosure Listing ID: 2018483

Foreclosure

Shakopee, MN - 55379

5 Bd | 2 Ba | $149,900.00

Shakopee Home Foreclosure Listing ID: 2018486

Foreclosure

Shakopee, MN - 55379

4 Bd | 3 Ba | $284,900.00

Total: 19
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
5 Photos
HAHN DR Shakopee MN 55379 Foreclosures 5 3.5 $394,900.00 Details
2
12 Photos
PHILIPP AVE Shakopee MN 55379 Foreclosures 2 2.5 $113,000.00 Details
3
15 Photos
TIFLAWN CT Shakopee MN 55379 Foreclosures 4 3 $284,900.00 Details
4
9 Photos
SPENCER ST S Shakopee MN 55379 Foreclosures 3 1 $60,500.00 Details
5
7 Photos
STONE MEADOW BLVD Shakopee MN 55379 Foreclosures 2 1.8 $139,900.00 Details
6
1 Photo
HERITAGE DR Shakopee MN 55379 Foreclosures 5 2 $149,900.00 Details
7
12 Photos
MARSCHALL RD Shakopee MN 55379 Foreclosures 3 1 $145,000.00 Details
8
9 Photos
150TH ST W Shakopee MN 55379 Foreclosures 2 1 $99,900.00 Details
9
1 Photo
MOCKINGBIRD AVE Shakopee MN 55379 Foreclosures 2 1.5 $119,900.00 Details
10
11 Photos
11TH AVE E Shakopee MN 55379 Foreclosures 3 2 $159,900.00 Details
11
8 Photos
STONEBROOKE DR Shakopee MN 55379 Foreclosures 4 3.5 - Details
12
2 Photos
DAKOTA CIR Shakopee MN 55379 Foreclosures 2 1 - Details
13
8 Photos
FOXGLOVE CT Shakopee MN 55379 Foreclosures 2 1 $180,000.00 Details
14 -
0 Photo
PARKWAY AVE UNIT 3302 Shakopee MN 55379 Foreclosures 2 1 $84,900.00 Details
15
18 Photos
FRANCIS CT Shakopee MN 55379 Foreclosures 3 2 $229,900.00 Details
16
8 Photos
3RD AVE E Shakopee MN 55379 Foreclosures 1 1 $74,900.00 Details
17
1 Photo
SAGE LN Shakopee MN 55379 Foreclosures 2 1 $172,900.00 Details
18
12 Photos
FOOTHILL TRL S Shakopee MN 55379 Foreclosures 4 2 $184,900.00 Details
19 -
0 Photo
SHAWNEE TRL # 325 Shakopee MN 55379 Foreclosures - - $49,900.00 Details
About our Listings

How to Buy Shakopee Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Shakopee, MN starts with finding listings. By browsing Shakopee foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Shakopee, MN.

>> See more info about how to Buy foreclosures

How to Invest in Shakopee Foreclosures

How to invest foreclosure

Shakopee foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Shakopee real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Shakopee foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Shakopee foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Shakopee

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Shakopee will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Shakopee, MN. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Shakopee apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Minnesota Foreclosure Laws

Foreclosure law

Minnesota real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Shakopee have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Shakopee REO properties.

Shakopee Banks Foreclosures

Bank Foreclosure

Shakopee bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Shakopee, MN are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Shakopee bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Shakopee Minnesota to be similar to buying from an agent. Check our Shakopee bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Shakopee Government Foreclosures

Government Foreclosure

Shakopee Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Shakopee MN are another popular type of foreclosure, as are VA foreclosures in Shakopee, which are available from the Veterans Affairs Department for especially great deals. Check our Shakopee government foreclosure listings.

>> See more info about govermment foreclosures

Shakopee Pre-Foreclosures

Foreclosure

PreForeclosures in Shakopee are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Shakopee Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Shakopee Foreclosure Auctions

Foreclosure Auction

Most Shakopee foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Shakopee, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Shakopee, MN. We offer a comprehensive Shakopee foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Shakopee, Minnesota

Find Home Foreclosure Listings in Shakopee, MN

Shakopee foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Shakopee, MN and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Shakopee Minnesota, best affordable foreclosure condo in Shakopee, cheap apartments for sale, bargain foreclosed homes for sale in Shakopee, MN and earn huge savings on the homes YOU want to buy!

Our Shakopee Foreclosure Lists

You can find Shakopee foreclosure homes for sale which you can buy for living or investment. Simply click through our Shakopee foreclosure home listings to find government foreclosures and bank owned homes in Shakopee area. If you're searching for a deep discount or low prices on real estate then searching our Shakopee foreclosure lists for homes foreclosure for sale or short sale listing in Shakopee is your answer. Our up-to-date Shakopee short sale listings provide the latest investing opportunities on affordable Shakopee bank owned property listings, government pre foreclosure lists, Shakopee banrkuptcy homes and Shakopee HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Shakopee, you should have little trouble finding the cheapest deal on a foreclosed home in Shakopee, Minnesota.

You can also search Savage foreclosure listings and Belle Plaine foreclosure listings for more properties in the neighboring area.



Shakopee, MN

As of 2011, Shakopee's population is 35,392 people. Since 2000, it has had a population growth of 72. 02 percent. The median home cost in Shakopee is $223,600. Home appreciation the last year has been -4. 44 percent. Compared to the rest of the country, Shakopee's cost of living is 13. 60% Higher than the U. S. average. Shakopee public schools spend $5,233 per student. The average school expenditure in the U. S. is $5,678. There are about 17 students per teacher in Shakopee. The unemployment rate in Shakopee is 6. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Shakopee jobs have Decreased by 0. 15 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peopleshakopee, mnUS
Population35,392307,829,557
Pop Density1,30387
Pop Change72.02%9.34%
Median Age32.336.6
Households12,937116,329,167
Household Size2.692.58
Male Population49.69%49.31%
Female Population50.31%50.69%
Married Population55.09%47.15%
Single Population44.91%52.85%
Estimated Households By Household Incomeshakopee, mnUS
Income Less Than 15k3.75%12.10%
Income Between 15k And 25k4.87%10.18%
Income Between 25k And 35k5.77%10.56%
Income Between 35k And 50k13.53%14.98%
Income Between 50k And 75k22.62%19.53%
Income Between 75k And 100k20.32%12.52%
Income Between 100k And 150k22.21%12.14%
Income Between 150k And 250k4.02%3.91%
Income Between 250k And 500k2.44%3.34%
Income Greater Than 500k0.47%0.75%
Economyshakopee, mnUS
Unemployment Rate6.60%9.10%
Recent Job Growth-0.15%-0.12%
Future Job Growth33.10%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income Per Cap$30,884$27,067
Household Income$74,648$52,954
Housingshakopee, mnUS
Median Home Age1235.1
Median Home Cost$223,600$175,100
Home Appreciation-4.44%-3.15%
Homes Owned80.77%59.90%
Housing Vacant4.83%10.37%
Homes Rented14.39%29.73%
Property Tax Rate$11.44$11.20
Owner Occupied Housing Units By Valueshakopee, mnUS
Less Than 20k0.32%2.65%
20k To 399990.62%3.76%
40k To 599990.26%4.99%
60k To 799990.27%6.01%
80k To 999990.48%7.27%
100k To 1499997.68%19.24%
150k To 19999928.20%14.67%
200k To 29999945.12%18.09%
300k To 39999911.62%9.14%
400k To 4999992.83%4.94%
500k To 7499992.09%5.42%
750k To 9999990.42%2.03%
1kk Or More0.09%1.77%
Educationshakopee, mnUS
School Expend$5,233$5,678
Pupil Teacher Ratio1714.9
Students Per Librarian522803
Students Per Counselor1487513
2 Yr College Grad9.98%7.47%
4 Yr College Grad25.60%17.42%
Graduate Degrees8.29%10.12%
High School Grads94.11%84.72%
Crimeshakopee, mnUS
Violent Crime24
Property Crime44
Housing Units By Year Structure Builtshakopee, mnUS
1999 To 200545.49%13.71%
1995 To 199811.20%8.54%
1990 To 199412.86%5.77%
1980 To 19897.97%13.87%
1970 To 19799.59%16.17%
1960 To 19695.14%11.70%
1950 To 19593.62%11.08%
1940 To 19491.25%6.02%
1939 Or Earlier2.89%13.15%

Table Information