NOT LISTED FOR SALE

1617 W 66th St Richfield, MN 55423

Estimated Value: $638,984 - $714,000

5 Beds
3 Baths
2,980 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $330,000 $111 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,679/month

84 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Landscaped with Trees
  • Community Garden
  • Patio
  • 2-minute walk to Monroe Park

About This Home

As of May 2013

Great investment potential! Well cared for triplex in the same family since 1974. Quiet, backs up to park. Additional guestroom for tenants use + workshop attached to garage. Free washer, coin operated dryer, private patio area & landscaped yard.

Last Agent to Sell the Property

Whitney Kieffer

Keller Williams Integrity Realty Listed on: 01/14/2013

Co-Listed By

Cotty Lowry

Keller Williams Integrity Realty

Last Buyer's Agent

Cotty Lowry

Keller Williams Integrity Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,160

Year Built

  • Built in 1974

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 67.5x175
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding
  • Block Exterior

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for electric, fuel, maint/repair, snow, trash, water/sewer

Community Details

Amenities

  • Community Garden
  • Community Deck or Porch
  • Coin Laundry

Additional Features

  • 3 Units
  • Gross Income $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,160

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 05/28/2013
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 4160
  • Estimated Number of Acres: 0.26
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Finished, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1655
  • Total Fin Square Footage: 2980
  • Below Grade Finished Sq Ft: 1325

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Block, Brick, Fiber Board
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Baseboard

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned, Common Garden, Patio, Porch

Schools

  • School District: Richfield #280

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium
  • Estimated Lot Dimensions: 67.5x175

Rental Info

  • Owner Expense: Electric, Fuel, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric

Building Info

  • Year Built: 1974

Multi Family

  • Total Units Available: 3
  • Est Annual Gross Expense: 12445
  • Est Annual Gross Income: 300

Tax Info

  • Year: 2012
  • Tax Value: 4160

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
County Of Hennepin
Bought by
City Of Richfield
Current Estimated Value
$676,492

Purchase Details

Closed on
Jul 30, 2015
Sold by
Larsen David M and Larsen June E
Bought by
County Of Hennepin

Purchase Details

Listed on
Jan 14, 2013
Closed on
May 28, 2013
Sold by
Bernstein James and Bernstein Cheryl
Bought by
Larsen David M
Seller's Agent
Whitney Kieffer
Keller Williams Integrity Realty
Buyer's Agent
Cotty Lowry
Keller Williams Integrity Realty
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
City Of Richfield -- None Available
County Of Hennepin $389,000 Guaranty Title Inc
Larsen David M $320,294 Dca Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larsen David M $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $330,000 -8.1% $111 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $359,000 -- $120 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

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 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $5,736 $0 $0 $0
2020 $5,736 $0 $0 $0
2019 $5,736 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $5,736 $289,000 $75,000 $214,000
2015 $5,663 $289,000 $75,000 $214,000
2014 -- $186,000 $55,000 $131,000
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4430708

REALTOR® Association of Southern Minnesota

APN: 28-028-24-31-0020