NOT LISTED FOR SALE

2877 W 71 1/2 St Richfield, MN 55423

Estimated Value: $367,000 - $375,000

2 Beds
1 Bath
1,131 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $148,000 $131 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,399/month

122 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 5-minute walk to Adams Hill Park

About This Home

As of April 2014

Handyman special....bring your ideas. Nice 4 season porch was added for extra square footage on the main floor. Location is awesome just blocks from Southdale Mall.

Last Agent to Sell the Property

Randy Koeppl

Lakes Area Realty, Inc Listed on: 10/21/2013

Last Buyer's Agent

Spencer Hutton

TheMLSonline.com, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,013

Year Built

  • 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 63x135

Home Design

  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3202824120078

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,013

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.2
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 939
  • Parcel Number: 3202824120078
  • Projected Closed Date: 04/24/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 2161
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 939
  • Below Grade Finished Sq Ft: 192
  • Total Fin Square Footage: 1131

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 63x135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Erickson Carrie Lynn
Bought by
Schwefel Connor Allen and Skoglund Madeline Marie
Current Estimated Value
$372,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$236,421
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$135,879

Purchase Details

Listed on
Oct 21, 2013
Closed on
Apr 10, 2014
Sold by
Colbenson Steven L
Bought by
Erickson Joshua and Erickson Carrie
Seller's Agent
Randy Koeppl
Lakes Area Realty, Inc
Buyer's Agent
Spencer Hutton
TheMLSonline.com, Inc.
List Price
$157,500
Sold Price
$148,000
Premium/Discount to List
-$9,500
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$140,600
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schwefel Connor Allen $325,000 Trademark Title Services Inc
Erickson Joshua $148,000 Liberty Title Inc
Schwefel Connor Connor $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwefel Connor Allen $260,000
Previous Owner Erickson Joshua $140,600
Closed Schwefel Connor Connor $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2014 04/22/14 Sold $148,000 -6.0% $131 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $157,500 -- $139 / 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
2024 $5,013 $343,500 $135,900 $207,600
2023 $4,902 $358,300 $150,100 $208,200
2022 $3,691 $336,000 $131,000 $205,000
2021 $3,489 $270,000 $111,000 $159,000
2020 $3,505 $254,000 $102,000 $152,000
2019 $3,102 $245,000 $103,000 $142,000
2018 $2,919 $216,000 $96,000 $120,000
2017 $2,256 $169,000 $75,000 $94,000
2016 $2,308 $163,000 $76,000 $87,000
2015 $2,140 $155,000 $68,000 $87,000
2014 -- $144,000 $71,000 $73,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Randy Koeppl

    Lakes Area Realty, Inc

  • S

    Buyer's Agent in 2014

    Spencer Hutton

    TheMLSonline.com, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4553390

REALTOR® Association of Southern Minnesota

APN: 32-028-24-12-0078

Minnesota Hennepin County Richfield 55423

2877 W 71 1/2 St, Richfield, MN

This home is located at 2877 W 71 1/2 St, Richfield, MN 55423 since 21 October 2013 and is currently estimated at $372,300, approximately $329 per square foot. This property was built in 1954. 2877 W 71 1/2 St is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes