NOT LISTED FOR SALE

6808 3rd Ave S Richfield, MN 55423

Estimated Value: $477,429 - $513,000

5 Beds
3 Baths
1,742 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 6808 3rd Ave S, Richfield, MN 55423 and is currently estimated at $498,357, approximately $286 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
$492,149

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
$108,558
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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

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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

Not Listed for Sale

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