1020 Rae Dr Unit 3 Richfield, MN 55423
Estimated Value: $219,000 - $253,317
About This Home
This spacious 3 bedroom, 2 bathroom one level is located in a prime Richfield area super convenient to highways, the airport and walking distance to shops, restaurants, entertainment and more. Set between Richfield Lake and Woodlake Nature Center in the Wood Lake Village community this property boasts a lake, walking paths, mature trees and nature. Great features of this property include:
~ All new carpet and plank flooring throughout
~ Fresh paint throughout
~ One level living
~ 3 bedrooms
~ 2 bathrooms
~ Large living room & dining room
~ Wood burning fireplace
~ Large closets
~ Large utility room with plenty of storage
~ Great lake views
~ 1 car garage
~ Off street parking
RENTAL TERMS:
- No pets allowed
- Minimum verifiable income of 3 times monthly rent
- Minimum credit score of 580
- Clean rental history
Please call Steve for more information and to set up a showing.
This property is leased and professionally managed by New Concepts Management and the leasing agent is a licensed real estate agent with Bridge Realty LLC.
Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lennes Donna L | $80,000 | |
| Closed | Lennes Sean O | $95,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Off Market | $1,850 | -- | -- |
| 11/25/2024 11/25/24 | For Rent | $1,850 | -- | -- |
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,090 | $223,100 | $57,600 | $165,500 |
| 2022 | $2,830 | $222,000 | $58,000 | $164,000 |
| 2021 | $2,448 | $198,000 | $58,000 | $140,000 |
| 2020 | $2,546 | $169,000 | $58,000 | $111,000 |
| 2019 | $2,372 | $168,000 | $55,000 | $113,000 |
| 2018 | $2,169 | $153,000 | $47,000 | $106,000 |
| 2017 | $1,985 | $131,000 | $40,000 | $91,000 |
| 2016 | $1,845 | $114,000 | $42,000 | $72,000 |
| 2015 | $1,742 | $109,000 | $42,000 | $67,000 |
| 2014 | -- | $105,000 | $42,000 | $63,000 |
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