$290,000
SOLD AUG 9, 2024

550 4th St NW Richmond, MN 56368

4 Beds
2.5 Baths
2,056 Sq Ft
0.32 Acres

Recently Sold

$141 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of July 2025

Updated 4 bed, 3 bath home located in desirable neighborhood. The main level features three bedrooms, newly renovated full bathroom (2023), updated kitchen with modern subway tile, dining room, living room featuring shiplap accent wall, and newly updated laundry/half bath conveniently located off the garage. The lower level features a huge family room, fourth bedroom, brand new full bathroom (2024), and large utility room with ample storage. This home has countless updated including paint, light fixtures, vinyl plank flooring, trim, doors, and carpeting. You will appreciate the fully finished/insulated garage updated with new lightening, ceiling fan, built-in storage shelves, and galvanized steel/wood panel walls. The home has great curb appeal with updated landscaping, luscious green grass, and mature trees for shade. The large backyard features a storage shed, firepit, and alleyway access. This home is located in a quiet neighborhood and located within minutes of several parks.

Last Agent to Sell the Property

Morgan Schmitt

Central MN Realty LLC Listed on: 06/19/2024

Central MN Realty LLC

Co-Listed By

Lisa Thompson

Central MN Realty LLC

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1988

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140

Parking

  • 2 Car Attached Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Sand Point Well

Community Details

  • No Home Owners Association
  • Wolfs 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74410750027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected, Sand Point
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 48x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 2056
  • Fireplace: No
  • Below Grade Finished Sq Ft: 808
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Family Room, Bedroom 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Insulated Garage
  • Garage Square Feet: 600

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Rocori
  • SchoolDistrictNumber: 750
  • SchoolDistrictPhone: 320-685-4901

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x140
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 74410750027
  • Tax Annual Amount: 2782
  • TaxWithAssessments: 2782.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 9, 2024
Sold by
Grund Brett and Grund Kenzie
Bought by
Payne Amanda and Payne Jacob
Seller's Agent
Morgan Schmitt
Central MN Realty LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$232,000
Outstanding Balance
$229,787
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$67,803

Purchase Details

Closed on
Dec 18, 2020
Sold by
Pitschka Cheri L
Bought by
Grund Kenzie E and Grund Brett T

Purchase Details

Closed on
May 31, 2000
Sold by
Hoekstra David
Bought by
Pitschka Michael

Purchase Details

Closed on
Apr 29, 1999
Sold by
Bloch Jeffrey
Bought by
Hoekstra David

Purchase Details

Closed on
Jan 1, 1988
Sold by
Holthaus Cecilia
Bought by
Bloch Jeffrey
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $290,000 --
Warranty Deed $182,500 First American Title
Deed $114,000 --
Deed $97,500 --
Deed -- --
Deed $182,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,000 New Conventional
Closed $181,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $309,000 +3.0% $150 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $299,900 0.0% $146 / Sq Ft
05/22/2025 05/22/25 For Sale $300,000 +3.4% $146 / Sq Ft
08/09/2024 08/09/24 Sold $290,000 -3.3% $141 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $299,900 -- $146 / Sq Ft
Source: NorthstarMLS

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
2025 $2,868 $267,300 $41,000 $226,300
2024 $2,868 $240,600 $41,000 $199,600
2023 $2,782 $233,300 $40,000 $193,300
2022 $2,464 $183,900 $37,500 $146,400
2021 $2,404 $183,900 $37,500 $146,400
2020 $2,574 $178,800 $37,500 $141,300
2019 $2,528 $157,700 $32,000 $125,700
2018 $2,374 $139,500 $30,000 $109,500
2017 $2,368 $137,400 $30,000 $107,400
2016 $2,362 $0 $0 $0
2015 $2,254 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6545127

NorthstarMLS

APN: 74.41075.0027