NOT LISTED FOR SALE

6331 16th Ave S Richfield, MN 55423

Estimated Value: $470,000 - $502,000

3 Beds
2.5 Baths
1,562 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $504,900 $323 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,460/month

23 Days on Market

Highlights

  • New Construction
  • Living Room
  • 4-minute walk to Taft Park
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

RF64 is the new urban living development that is centrally located in convenient Richfield. With easy accessibility for any commute, and retail proximity for any need, RF64 is truly a neighborhood re-imagined. Pictures are the model unit. Designed by Kaas Wilson Architects // Built by Lucid Builders which are both local to MN.

Last Agent to Sell the Property

Alex Richter

LPT Realty, LLC Brokerage Phone: 952-836-8951 Listed on: 06/07/2023

LPT Realty, LLC

Co-Listed By

Michael Barnett

LPT Realty, LLC Brokerage Phone: 952-836-8951

Last Buyer's Agent

Alex Richter

LPT Realty, LLC Brokerage Phone: 952-836-8951 Listed on: 06/07/2023

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,437 Sq Ft Lot
  • Lot Dimensions are 30.5 x 47.5

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance structure, hazard insurance, ground maintenance, professional mgmt, trash, lawn care
  • First Service Association, Phone Number (952) 277-2700
  • Built by LUCID BUILDERS
  • Rf64 Community

Listing and Financial Details

  • Assessor Parcel Number 2602824110102

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,500

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$306 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1562
  • Unit Levels: More Than 2 Stories
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-836-8951
  • Attribution Contact: 952-836-8951
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
  • Living Area: 1562
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • Occupancy Date: 2022-12-28

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • CompletionDate: 2022-11-30

Garage/Parking

  • Parking Features: Garage Door Opener, Insulated Garage, Tuckunder Garage
  • Garage Square Feet: 500
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Other, Maintenance Grounds, Professional Mgmt, Trash, Lawn Care
  • Phone: 952-277-2700
  • Association Fee: 306
  • Association: Yes
  • Community Name: RF64

Association/Amenities

  • HOA Management Co: First Service

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 30.5 X 47.5
  • Lot Size Sq Ft: 1437.48
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 446156
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2602824110102
  • Tax Annual Amount: 5500
  • TaxWithAssessments: 5500.0000

Multi Family

  • Total Units Sold: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jun 30, 2023
Sold by
Cedar Point Investments Llc
Bought by
Christensen Jonathan M and Pingel Lexis K
Seller's Agent
Alex Richter
LPT Realty, LLC
Buyer's Agent
Alex Richter
LPT Realty, LLC
List Price
$504,900
Sold Price
$504,900
Views
3
Current Estimated Value
$491,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,504
Avg. Annual Appreciation
-1.18%
Original Mortgage
$401,600
Outstanding Balance
$386,619
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$104,777
Source: Public Records

Range of Values:

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Average Value
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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
Christensen Jonathan M $504,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Jonathan M $401,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $504,900 0.0% $323 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $504,900 -- $323 / 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
2024 $6,461 $447,100 $109,300 $337,800
2023 $2,951 $211,300 $109,300 $102,000
2022 $448 $92,000 $92,000 $0
2021 $303 $25,300 $25,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6395531

NorthstarMLS

APN: 26-028-24-11-0102