NOT LISTED FOR SALE

7020 4th Ave S Richfield, MN 55423

Estimated Value: $341,000 - $406,000

3 Beds
2 Baths
1,994 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $136,850 $69 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,351/month

197 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Patio
  • Wood Siding

About This Home

As of May 2012

Wonderfully solid 3 bedroom home. Large upper level w/ high ceilings & remodeled 3/4 master bath. Main floor great room w/ vaulted ceilings. Large fenced in backyard. Great for entertaining.

Last Agent to Sell the Property

Mark Trevathan

Keller Williams Integrity RE Listed on: 09/29/2011

Last Buyer's Agent

Gail Haering

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,190

Year Built

  • 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75 x 134.9

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,190

Year Built

1946

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 1216
  • Potential Short Sale: Yes
  • Projected Closed Date: 05/04/2012
  • Stories: 2 Story
  • Taxes With Assessments: 2793.64
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x15, On Level: Main
  • Room 2: Dining Room, 9x9, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 22x12, On Level: Main
  • Room 6: Bedroom, 22x9, On Level: Main
  • Room 7: 19x11, On Level: Upper
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1994
  • Total Fin Square Footage: 1994

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75 X 134.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2011
Closed on
May 4, 2012
Sold by
Farrell Amanda Jean and Heller David John
Bought by
Reis Nicholas
Seller's Agent
Mark Trevathan
Keller Williams Integrity RE
Buyer's Agent
Gail Haering
Edina Realty, Inc.
List Price
$209,900
Sold Price
$136,850
Premium/Discount to List
-$73,050
-34.8%
Current Estimated Value
$375,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,142
Avg. Annual Appreciation
7.82%
Original Mortgage
$133,380
Outstanding Balance
$91,759
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$284,233

Purchase Details

Closed on
Jun 6, 2008
Sold by
Martinson Gary A
Bought by
Farrell Amanda and Heller David John

Purchase Details

Closed on
Apr 18, 2002
Sold by
Reynolds Rachelle Alaine
Bought by
Martinson Gary A and Martinson Susan M
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
Reis Nicholas $136,852 Edina Realty Title Inc
Farrell Amanda $214,000 --
Martinson Gary A $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reis Nicholas $133,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2012 05/04/12 Sold $136,850 -34.8% $69 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
09/29/2011 09/29/11 For Sale $209,900 -- $105 / 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
2024 $4,190 $303,300 $109,000 $194,300
2023 $4,176 $307,500 $116,000 $191,500
2022 $3,803 $307,000 $120,000 $187,000
2021 $3,697 $275,000 $110,000 $165,000
2020 $3,606 $265,000 $103,000 $162,000
2019 $3,726 $249,000 $102,000 $147,000
2018 $3,888 $251,000 $97,000 $154,000
2017 $2,962 $210,000 $80,000 $130,000
2016 $2,947 $190,000 $72,000 $118,000
2015 $2,990 $184,000 $66,000 $118,000
2014 -- $160,000 $57,000 $103,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mark Trevathan

    Keller Williams Integrity RE

  • G

    Buyer's Agent in 2012

    Gail Haering

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4079694

REALTOR® Association of Southern Minnesota

APN: 34-028-24-11-0024

Minnesota Hennepin County Richfield 55423

7020 4th Ave S, Richfield, MN

This home is located at 7020 4th Ave S, Richfield, MN 55423 since 29 September 2011 and is currently estimated at $375,992, approximately $188 per square foot. This property was built in 1946. 7020 4th Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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