NOT LISTED FOR SALE

6718 Lakeview Ave Richfield, MN 55423

Estimated Value: $624,000 - $701,471

7 Beds
3.5 Baths
4,258 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $652,000 $153 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,304/month

8 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 2 Car Attached Garage
  • Mud Room
  • The kitchen features windows
  • 1-minute walk to Fairwood Park

About This Home

As of June 2023

This recently renovated/open concept house is straight out of a magazine! On the main level you will find the spacious kitchen/dining area, a large living room with amazing beams from a local farm in SW Minnesota, spacious primary suite with a private bathroom and walk-in closet, a laundry room and powder bath. There are also three additional bedrooms and a full bathroom. The finished lower level offers a family room, newly added wet bar, an additional 3 bedrooms and ample amounts of storage. There is a large deck, perfect for grilling and relaxing. Across the street from a park with a playground, tennis courts and walking trails. Fully fenced backyard. The location is ideal, close to shopping (5 mins to Southdale Mall and the Galleria), restaurants, and parks. Don't miss your chance to own this unique home. (See supplements for list of improvements)

Last Agent to Sell the Property

Alexandra Schack

RE/MAX Results Listed on: 05/04/2023

RE/MAX Results

Last Buyer's Agent

Susan Lindstrom

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,974

Year Built

  • Built in 1954

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 37x37x59x66x111x193
  • Property is Fully Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Flex
  • Cedar

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fairwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2802824310062

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,974

Year Built

Built in 1954

Lot Details

0.33 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 2129
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 4258
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2129
  • Basement YN: Yes
  • Dining Room Type: Family Room, Dining Room, Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Flex Room, Bar/Wet Bar Room, Laundry, Mud Room
  • SqFtTotal: 4258.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Full

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Security System,In-Ground Sprinkler

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 37x37x59x66x111x193
  • Lot Size Sq Ft: 14374.8
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Cedar

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 2802824310062
  • Tax Annual Amount: 6974
  • TaxWithAssessments: 6974.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 23, 2023
Sold by
Fossen Kyle J and Fossen Molly M
Bought by
Borton Alexander and Alberico Stephanie
Seller's Agent
Alexandra Schack
RE/MAX Results
Buyer's Agent
Susan Lindstrom
Edina Realty, Inc.
List Price
$614,900
Sold Price
$652,000
Premium/Discount to List
$37,100
6.03%
Views
65
Current Estimated Value
$656,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,868
Avg. Annual Appreciation
0.27%
Original Mortgage
$521,600
Outstanding Balance
$505,862
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$151,006

Purchase Details

Closed on
Dec 1, 2016
Sold by
Kranz Dorothy Kay
Bought by
Fossen Kyle J and Fossen Molly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borton Alexander $652,000 First American Title Insurance
Fossen Kyle J $330,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borton Alexander $521,600
Previous Owner Fossen Kyle J $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $652,000 +6.0% $153 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $614,900 -- $144 / Sq Ft
Source: NorthstarMLS

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 $10,185 $656,700 $215,100 $441,600
2023 $8,386 $586,500 $188,600 $397,900
2022 $6,974 $571,000 $191,000 $380,000
2021 $6,648 $488,000 $159,000 $329,000
2020 $6,849 $459,000 $137,000 $322,000
2019 $6,619 $452,000 $136,000 $316,000
2018 $5,620 $427,000 $128,000 $299,000
2017 $5,044 $339,000 $117,000 $222,000
2016 $5,091 $322,000 $122,000 $200,000
2015 $4,906 $315,000 $115,000 $200,000
2014 -- $283,000 $104,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6364231

NorthstarMLS

APN: 28-028-24-31-0062

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