NOT LISTED FOR SALE

7008 Oliver Ave S Richfield, MN 55423

Estimated Value: $325,000 - $360,000

2 Beds
2 Baths
1,814 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $305,000 $168 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,233/month

5 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property

About This Home

As of June 2023

Wonderful 2br home on large lot w/oversized garage and attached bonus room. Electrical, plumbing, and drain lines recently verified as in good shape. Bonus 3 season room w/ wood panel off dining-room.

Last Agent to Sell the Property

Brian Weedman

Lifecycle Real Estate Services Listed on: 05/26/2023

Last Buyer's Agent

Melissa Bryant

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1947

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x133

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Brick Fireplace
  • Living Room
  • Bonus Room
  • Game Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Forest Lawn 3Rd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302824220054

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,458

Year Built

Built in 1947

Lot Details

0

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: 1947
  • Above Grade Finished Sq Ft: 1064
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Fireplace Features: Brick
  • Living Area: 1814
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 750
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bonus Room, Bedroom 1, Bedroom 2, Bathroom, Amusement Room
  • SqFtTotal: 1964.00

Beds/Baths

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

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 500

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x133
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3302824220054
  • Tax Annual Amount: 3458
  • TaxWithAssessments: 3458.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jun 26, 2023
Sold by
Souza Shannon and Souza Joseph
Bought by
Swanton Rachel and Kranz Elijah
Seller's Agent
Brian Weedman
Lifecycle Real Estate Services
Buyer's Agent
Melissa Bryant
Century 21 Atwood
List Price
$285,000
Sold Price
$305,000
Premium/Discount to List
$20,000
7.02%
Views
124
Current Estimated Value
$350,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,394
Avg. Annual Appreciation
6.33%
Original Mortgage
$238,738
Outstanding Balance
$232,562
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$117,832

Purchase Details

Closed on
Jul 7, 2006
Sold by
Johnson Thomas E
Bought by
Johnson Shannon J
Source: Public Records

Range of Values:

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Average Value
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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
Swanton Rachel $305,000 --
Johnson Shannon J $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanton Rachel $238,738
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $305,000 +7.0% $168 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $285,000 -- $157 / Sq Ft
Source: NorthstarMLS

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 $4,494 $324,700 $154,000 $170,700
2023 $4,226 $313,100 $155,000 $158,100
2022 $3,458 $306,000 $155,000 $151,000
2021 $3,411 $255,000 $125,000 $130,000
2020 $3,505 $249,000 $117,000 $132,000
2019 $3,218 $245,000 $106,000 $139,000
2018 $3,098 $223,000 $97,000 $126,000
2017 $2,829 $204,000 $94,000 $110,000
2016 $2,676 $184,000 $85,000 $99,000
2015 $2,711 $188,000 $89,000 $99,000
2014 -- $165,000 $84,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6329461

NorthstarMLS

APN: 33-028-24-22-0054