NOT LISTED FOR SALE

6945 Thomas Ave S Richfield, MN 55423

Estimated Value: $376,000 - $414,000

3 Beds
2 Baths
928 Sq Ft
$423/Sq Ft Est. Value

About This Home

This home is located at 6945 Thomas Ave S, Richfield, MN 55423 and is currently estimated at $392,517, approximately $422 per square foot. 6945 Thomas Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2016
Sold by
Polakoff Lee G
Bought by
Chabot Philip Vernon and Nelson Alison Renee
Current Estimated Value
$392,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Outstanding Balance
$151,913
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$232,775

Purchase Details

Closed on
Jan 24, 2011
Sold by
Snider Stephen
Bought by
Polakoff Lee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,085
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2010
Sold by
Renninger Todd M
Bought by
Snider Stephen

Purchase Details

Closed on
Oct 18, 2007
Sold by
Elliott Stephanie L
Bought by
Renninger Todd M and Renninger Marissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Jenne Kent W
Bought by
Elliott Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 1999
Sold by
Mccullen Terence R
Bought by
Jenne Kent W

Purchase Details

Closed on
Dec 20, 1996
Sold by
Nanoff John H
Bought by
Mcmullen Terence R
Source: Public Records

Range of Values:

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
Chabot Philip Vernon $233,000 Title Smart Inc
Polakoff Lee G $189,900 --
Snider Stephen $110,000 --
Renninger Todd M $240,500 --
Elliott Stephanie $245,000 --
Jenne Kent W $122,000 --
Mcmullen Terence R $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chabot Philip Vernon $186,400
Previous Owner Polakoff Lee G $183,924
Previous Owner Polakoff Lee G $185,085
Previous Owner Renninger Marissa R $240,500
Previous Owner Elliott Stephanie L $245,000
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
2023 $5,017 $366,000 $139,500 $226,500
2022 $3,846 $355,000 $140,000 $215,000
2021 $3,724 $280,000 $113,000 $167,000
2020 $3,735 $269,000 $108,000 $161,000
2019 $3,587 $259,000 $107,000 $152,000
2018 $3,313 $245,000 $99,000 $146,000
2017 $2,829 $204,000 $83,000 $121,000
2016 $2,781 $190,000 $80,000 $110,000
2015 $2,573 $180,000 $70,000 $110,000
2014 -- $171,000 $73,000 $98,000
Source: Public Records

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