NOT LISTED FOR SALE

6445 Xerxes Ave S Richfield, MN 55423

Estimated Value: $361,000 - $374,626

5 Beds
2 Baths
2,006 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $185,000 $92 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,307/month

32 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property
  • Open Floorplan

About This Home

As of December 2014

BEAUTIFULLY REMODELED HOME IN A HIGH DEMAND NEIGHBORHOOD. NEW OPEN KITCHEN WITH GRANITE AND STAINLESS. 2 NEW BATHS,NEWLY FINISHED BASEMENT, GLEAMING HARDWOODS, NEW FURNACE AND AC,NEW CARPET/PAINT, NEW WINDOWS. NEW SIDING, AND LANDSCAPING

Last Agent to Sell the Property

James Waters

James M. Waters Listed on: 10/22/2014

Last Buyer's Agent

Ahmed Farah

Medina Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 56x133

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2902824130021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,464

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 498
  • Construction: Previously Owned
  • Foundation Size: 1056
  • Parcel Number: 2902824130021
  • Projected Closed Date: 12/16/2014
  • Stories: 1 Story
  • Taxes With Assessments: 2962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x12, On Level: Main
  • Room 2: Dining Room, 8x8, On Level: Main
  • Room 3: Family Room, 20x11, On Level: Lower
  • Room 4: Kitchen, 13x12, On Level: Main
  • Room 5: Bedroom, 15x12, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Main
  • Room 7: 12x10, On Level: Main
  • Room 8: Bedroom, 14x13, On Level: Lower
  • Room 9: Bedroom, 11x11, On Level: Lower
  • Room 10: Den/Office, 11x8, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1056
  • Below Grade Finished Sq Ft: 950
  • Total Fin Square Footage: 2006

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt Shingles

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: 56x133

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2014
  • Tax Value: 2464

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2014
Closed on
Dec 17, 2014
Sold by
Jmw Investments Llc
Bought by
Farah Abdikarin and Siyad Farhiyo
Seller's Agent
James Waters
James M. Waters
Buyer's Agent
Ahmed Farah
Medina Realty, Inc
List Price
$214,865
Sold Price
$185,000
Premium/Discount to List
-$29,865
-13.9%
Current Estimated Value
$367,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,157
Avg. Annual Appreciation
6.53%
Original Mortgage
$110,000
Outstanding Balance
$84,010
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$283,147

Purchase Details

Listed on
Dec 4, 2013
Closed on
Feb 4, 2014
Sold by
Fannie Mae
Bought by
Jmw Investments Llc
Seller's Agent
John Schuster
Coldwell Banker Burnet
Buyer's Agent
James Waters
James M. Waters
List Price
$120,000
Sold Price
$127,500
Premium/Discount to List
$7,500
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.59%
Original Mortgage
$153,000
Interest Rate
4.45%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 19, 2012
Sold by
Reverse Mortgages Solutions Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 26, 2012
Sold by
Hernandez Carmen M
Bought by
Reverse Mortgage Solutions Inc
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
Farah Abdikarin $185,000 Midland Title
Jmw Investments Llc $127,500 Midland Title
Federal National Mortgage Association -- None Available
Reverse Mortgage Solutions Inc $137,000 --
Reverse Mortgage Solutions Inc $137,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farah Abdikarin $110,000
Previous Owner Jmw Investments Llc $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2014 12/17/14 Sold $185,000 -13.9% $92 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $214,865 +68.5% $107 / Sq Ft
02/17/2014 02/17/14 Sold $127,500 +6.3% $121 / Sq Ft View Prior Sale
01/22/2014 01/22/14 Pending -- -- --
12/04/2013 12/04/13 For Sale $120,000 -- $114 / 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 $4,325 $313,900 $123,300 $190,600
2023 $4,419 $326,000 $135,200 $190,800
2022 $3,227 $305,000 $123,000 $182,000
2021 $3,066 $240,000 $94,000 $146,000
2020 $3,128 $227,000 $87,000 $140,000
2019 $3,135 $222,000 $88,000 $134,000
2018 $2,973 $218,000 $87,000 $131,000
2017 $2,632 $192,000 $79,000 $113,000
2016 $2,946 $182,000 $80,000 $102,000
2015 $2,541 $159,000 $84,000 $75,000
2014 -- $139,000 $73,000 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4686464

REALTOR® Association of Southern Minnesota

APN: 29-028-24-13-0021