NOT LISTED FOR SALE

6238 Colfax Ave S Richfield, MN 55423

Estimated Value: $324,402 - $366,000

3 Beds
1 Bath
1,206 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $113,000 $94 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,123/month

33 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Richfield Lake Park
  • 1-Story Property

About This Home

As of November 2013

HUD homes provide an opportunity to be a homeowner at an affordable price.

Last Agent to Sell the Property

Patricia Plourde

Real Estate Partners Listed on: 09/17/2013

Co-Listed By

Virginia Wherland

Real Estate Partners

Last Buyer's Agent

Patricia Schmidt

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1949

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75 x 135

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2802824110032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 2294
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1206
  • Parcel Number: 2802824110032
  • Projected Closed Date: 11/28/2013
  • Stories: 1 Story
  • Taxes With Assessments: 2294
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 3: Family Room, 19x14, On Level: Main
  • Room 4: Kitchen, 18x8, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 11x10, On Level: Main
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1206
  • Total Fin Square Footage: 1206

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75 X 135

Building Info

  • Year Built: 1949

Tax Info

  • Year: 2013
  • Tax Value: 2294

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 25, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Lagro Alexander L
Seller's Agent
Patricia Plourde
Real Estate Partners
Buyer's Agent
Patricia Schmidt
Coldwell Banker Burnet
List Price
$109,900
Sold Price
$113,000
Premium/Discount to List
$3,100
2.82%
Current Estimated Value
$344,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,101
Avg. Annual Appreciation
9.80%
Original Mortgage
$107,908
Outstanding Balance
$82,340
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$261,761

Purchase Details

Closed on
Jul 19, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 29, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 18, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 30, 2008
Sold by
Cortez Fermin B and Cruz Rosa M
Bought by
Ortiz Joel Faustino Pavon

Purchase Details

Closed on
Mar 20, 2002
Sold by
Taggart Stephen Richard
Bought by
Cortes Fermin B and Cruz Rosa M
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
Lagro Alexander L -- Burnet Title
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na -- None Available
Secretary Of Housing & Urban Development -- None Available
Ortiz Joel Faustino Pavon $215,000 --
Cortes Fermin B $158,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagro Alexander L $107,908
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2013 11/26/13 Sold $113,000 +2.8% $94 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $109,900 -- $91 / 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 $3,649 $270,800 $115,000 $155,800
2023 $3,849 $287,800 $133,000 $154,800
2022 $3,227 $264,000 $115,000 $149,000
2021 $2,784 $240,000 $111,000 $129,000
2020 $3,260 $209,000 $85,000 $124,000
2019 $3,235 $230,000 $109,000 $121,000
2018 $2,615 $224,000 $105,000 $119,000
2017 $2,703 $161,000 $75,000 $86,000
2016 $2,042 $138,000 $68,000 $70,000
2015 $1,727 $131,000 $61,000 $70,000
2014 -- $124,000 $70,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4535175

REALTOR® Association of Southern Minnesota

APN: 28-028-24-11-0032