6845 5th Ave S Richfield, MN 55423
Estimated Value: $423,000 - $480,000
6
Beds
3
Baths
2,292
Sq Ft
$195/Sq Ft
Est. Value
About This Home
This home is located at 6845 5th Ave S, Richfield, MN 55423 and is currently estimated at $447,731, approximately $195 per square foot. 6845 5th 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
Jan 13, 2025
Sold by
Kriesel-Koll David B and Kriesel-Koll Pamela J
Bought by
Bailey Joseph William and Bailey Mayra Roxana
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,246
Outstanding Balance
$299,920
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$147,811
Purchase Details
Closed on
Nov 30, 2020
Sold by
Kriesel Koll David B and Kriesel Koll Pamela
Bought by
Bailey Joseph W and Bailey Mayra R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4%
Mortgage Type
Land Contract Argmt. Of Sale
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey Joseph William | $385,000 | Executive Title | |
| Bailey Joseph W | $385,000 | Executive Title | |
| Bailey Joseph Joseph | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey Joseph William | $303,246 | |
| Previous Owner | Bailey Joseph W | $385,000 |
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 | $1,646 | $412,500 | $112,100 | $300,400 |
| 2023 | $1,769 | $426,700 | $123,500 | $303,200 |
| 2022 | $491 | $414,000 | $114,000 | $300,000 |
| 2021 | $190 | $334,000 | $110,000 | $224,000 |
| 2020 | $4,433 | $313,000 | $94,000 | $219,000 |
| 2019 | $4,537 | $299,000 | $94,000 | $205,000 |
| 2018 | $4,485 | $299,000 | $95,000 | $204,000 |
| 2017 | $3,808 | $261,000 | $73,000 | $188,000 |
| 2016 | $3,854 | $249,000 | $73,000 | $176,000 |
| 2015 | $3,632 | $239,000 | $66,000 | $173,000 |
| 2014 | -- | $235,000 | $79,000 | $156,000 |
Source: Public Records
Map
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