NOT LISTED FOR SALE

6808 3rd Ave S Richfield, MN 55423

Estimated Value: $478,000 - $498,000

5 Beds
3 Baths
1,742 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 6808 3rd Ave S, Richfield, MN 55423 and is currently estimated at $489,435, approximately $280 per square foot. 6808 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Beyan Obsitu S
Bought by
Terfa Rajan
Current Estimated Value
$489,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Outstanding Balance
$389,799
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$99,636
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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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.

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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
Terfa Rajan $500,000 Ancona Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terfa Rajan $391,500
Source: Public Records

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 $5,530 $377,900 $118,000 $259,900
2023 $5,793 $394,400 $130,000 $264,400
2022 $4,877 $374,000 $120,000 $254,000
2021 $4,519 $338,000 $116,000 $222,000
2020 $4,621 $309,000 $99,000 $210,000
2019 $4,744 $302,000 $99,000 $203,000
2018 $4,485 $303,000 $95,000 $208,000
2017 $3,808 $261,000 $73,000 $188,000
2016 $3,747 $243,000 $73,000 $170,000
2015 $3,579 $236,000 $66,000 $170,000
2014 -- $232,000 $79,000 $153,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

6808 3rd Ave S, Richfield, MN

This home is located at 6808 3rd Ave S, Richfield, MN 55423 and is currently estimated at $489,435, approximately $280 per square foot. 6808 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

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