NOT LISTED FOR SALE

627 5th St NW Richmond, MN 56368

Estimated Value: $349,000 - $387,000

4 Beds
2.5 Baths
2,224 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $382,000 $172 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,380/month

4 Days on Market

Highlights

  • Corner Lot
  • Home Office
  • Living Room
  • No HOA
  • 4 Car Attached Garage
  • 1-Story Property

About This Home

As of June 2024

Welcome Home! Conveniently located on the edge of Richmond, this 4 Bed, 3 Bath Rambler is sure to please. Close to Richmond shops, restaurants, the public boat access for the Horseshoe Chain of Lakes, and Rich River Nature Park where you can launch your canoe/kayaks for an afternoon spent on the water. You're welcomed into the home with beautiful vaulted ceilings, open concept feel to the updated kitchen and back deck. Two bedrooms, a tastefully updated full bath with tile and in-floor heat, laundry and half bath, complete the main floor. The lower level hosts two additional bedrooms, family room, full bath, office area and unfinished utility room with ample storage. You'll love the 1200 sq. ft. of attached insulated and heated garage (40 ft. deep) plus a BONUS detached 20x25 insulated garage. OPEN HOUSE Saturday 5/25 11am-2pm.

Last Agent to Sell the Property

Kayla Deters

Edina Realty, Inc. Listed on: 05/20/2024

Edina Realty, Inc.

Co-Listed By

Rhonda Green

Edina Realty, Inc.

Last Buyer's Agent

Christian Block

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 2003

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 144x140x75x156
  • Corner Lot
  • Irregular Lot

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

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

Kitchen

  • Range
  • Microwave

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
  • 200+ Amp Service
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Wolfs 5Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74410750118

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,950

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1204
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Appliances: Dryer, Water Filtration System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2224
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1020
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Office

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
  • Garage Square Feet: 1200

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • 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: 144x140x75x156
  • Lot Size Sq Ft: 15246
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 74410750118
  • Tax Annual Amount: 3950
  • TaxWithAssessments: 3958.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 27, 2024
Sold by
Larson Demelza and Larson Joshua
Bought by
Gilbertson Luke
Seller's Agent
Kayla Deters
Edina Realty, Inc.
Buyer's Agent
Christian Block
eXp Realty
List Price
$375,000
Sold Price
$382,000
Premium/Discount to List
$7,000
1.87%
Views
12
Current Estimated Value
$373,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,048
Avg. Annual Appreciation
-2.78%
Original Mortgage
$378,300
Outstanding Balance
$374,472
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
-$4,759

Purchase Details

Closed on
May 8, 2017
Sold by
Larson Demelza Rae and Larson Joshua
Bought by
Larson Demelza Rae and Larson Joshua

Purchase Details

Closed on
Apr 15, 2016
Sold by
Hennen Kevin E,Jessica A
Bought by
Rae Demelza

Purchase Details

Closed on
Apr 28, 2006
Sold by
Olmscheid Daniel
Bought by
Abeln Jessica Etal

Purchase Details

Closed on
Apr 10, 2003
Sold by
Schreifels Michael
Bought by
Olmscheid Daniel

Purchase Details

Closed on
Mar 15, 1999
Sold by
Jennings Stephen
Bought by
Schreifels Michael
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
Gilbertson Luke $382,000 --
Larson Demelza Rae -- Quarry Title And Closing
Rae Demelza $217,700 --
Abeln Jessica Etal $212,500 --
Olmscheid Daniel $38,000 --
Schreifels Michael $15,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbertson Luke $378,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $382,000 +1.9% $172 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $375,000 -- $169 / 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 $4,108 $341,800 $32,800 $309,000
2024 $4,108 $327,900 $32,600 $295,300
2023 $3,958 $318,900 $31,800 $287,100
2022 $3,600 $254,600 $33,600 $221,000
2021 $3,666 $254,600 $33,600 $221,000
2020 $3,346 $256,200 $37,300 $218,900
2019 $3,292 $226,300 $31,800 $194,500
2018 $3,062 $199,300 $29,900 $169,400
2017 $3,054 $195,300 $29,900 $165,400
2016 $3,430 $0 $0 $0
2015 $3,274 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6540011

NorthstarMLS

APN: 74.41075.0118