NOT LISTED FOR SALE

7010 16th Ave S Richfield, MN 55423

Estimated Value: $402,000 - $454,694

2 Beds
2 Baths
2,010 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $165,000 $82 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,804/month

123 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Patio
  • Vaulted Ceiling
  • 4 Car Detached Garage
  • 4-minute walk to Christian Park

About This Home

As of March 2012

Wonderfully maintained gem of a home. Move right in! All mechanicals have been updated. Wonderful main floor family room. Room to expand in lower level. Newer windows. 4 car garage. Close to Shops at Cedar and easy highway access. Priced to sell.

Last Agent to Sell the Property

Thaddeus Smith

Coldwell Banker Burnet Listed on: 10/30/2011

Last Buyer's Agent

Sheri Fine

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,902

Year Built

  • 1956

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard
  • Irregular Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter

Additional Features

  • Patio
  • Property is near public transit

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,902

Year Built

1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Vaulted Ceilings
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.2
  • Construction: Previously Owned
  • Foundation Size: 1538
  • Mechanicals: Electronic Air Filter
  • Projected Closed Date: 03/30/2012
  • Stories: 1 Story
  • Taxes With Assessments: 3145.8
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x14, On Level: Main
  • Room 2: Dining Room, 9x8, On Level: Main
  • Room 3: Family Room, 16x20, On Level: Main
  • Room 4: Kitchen, 15x8, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: On Level: Lower
  • Room 9: Den/Office, 12x9, On Level: Main
  • Room 10: Family Room, 34x13, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1538
  • Below Grade Finished Sq Ft: 472
  • Total Fin Square Footage: 2010

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: E 65X138X6
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Farrell Alexander and Farrell Megan
Bought by
Mccarthy Clay Andrew and Bronken Grace Kathryn
Total Days on Market
123
Current Estimated Value
$435,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,800
Outstanding Balance
$304,570
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$131,104

Purchase Details

Closed on
Oct 5, 2016
Sold by
Armstrong Kenneth E and Armstrong Brenda E
Bought by
Farrell Alexander and Wolfe Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2011
Closed on
Mar 30, 2012
Sold by
Stade Frances D and Stade Terry
Bought by
Armstrong Kenneth E and Armstrong Brenda E
Seller's Agent
Thaddeus Smith
Coldwell Banker Burnet
Buyer's Agent
Sheri Fine
Edina Realty, Inc.
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$132,000
Interest Rate
2.97%
Mortgage Type
New Conventional
Source: Public Records

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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
Mccarthy Clay Andrew $416,000 Watermark Title Agency
Farrell Alexander $240,000 Edina Realty Title Inc
Armstrong Kenneth E $165,000 Stewart Title Of Mn
Mccarthy Clay Clay $416,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Clay Andrew $332,800
Previous Owner Farrell Alexander $228,000
Previous Owner Armstrong Kenneth E $132,000
Closed Mccarthy Clay Clay $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $165,000 -8.3% $82 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
10/30/2011 10/30/11 For Sale $179,900 -- $90 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,902 $426,100 $112,100 $314,000
2022 $4,231 $406,000 $106,000 $300,000
2021 $4,100 $305,000 $98,000 $207,000
2020 $4,193 $293,000 $89,000 $204,000
2019 $4,123 $287,000 $91,000 $196,000
2018 $3,992 $277,000 $79,000 $198,000
2017 $3,452 $242,000 $67,000 $175,000
2016 $3,271 $218,000 $62,000 $156,000
2015 $3,109 $211,000 $55,000 $156,000
2014 -- $183,000 $53,000 $130,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Thaddeus Smith

    Coldwell Banker Burnet

  • S

    Buyer's Agent in 2012

    Sheri Fine

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4086250

REALTOR® Association of Southern Minnesota

APN: 35-028-24-11-0060

Minnesota Hennepin County Richfield 55423

7010 16th Ave S, Richfield, MN

This home is located at 7010 16th Ave S, Richfield, MN 55423 since 30 October 2011 and is currently estimated at $435,674, approximately $216 per square foot. This property was built in 1956. 7010 16th 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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