NOT LISTED FOR SALE

7026 Newton Ave S Richfield, MN 55423

Estimated Value: $366,000 - $392,000

3 Beds
2 Baths
1,907 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $200,000 $105 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,491/month

160 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • 1-Story Property
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

Prime W Richfield rambler w/ great curb appeal & large footprint. HW flrs, fireplace, updated bath, eat-in kitchen, 3 beds on main level. Wide open lower level with bar & updated 3/4 bath. Lots of storage. Updated windows, new roof. Great value.

Last Agent to Sell the Property

Steven Schneeberger

Keller Williams Integrity Realty Listed on: 09/12/2014

Last Buyer's Agent

Lisa Benning

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,208

Year Built

  • Built in 1947

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 74x135

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 3302824220041

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,208

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 1198
  • Parcel Number: 3302824220041
  • Potential Short Sale: Yes
  • Projected Closed Date: 03/27/2015
  • Stories: 1 Story
  • Taxes With Assessments: 3208
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • 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, 20x13, On Level: Main
  • Room 2: Dining Room, 10x6, On Level: Main
  • Room 3: Family Room, 27x23, On Level: Lower
  • Room 4: Kitchen, 14x8, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 11x10, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1198
  • Below Grade Finished Sq Ft: 709
  • Total Fin Square Footage: 1907

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 74x135

Building Info

  • Year Built: 1947

Tax Info

  • Year: 2014
  • Tax Value: 3208

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Mar 26, 2015
Sold by
Cutter Polly E
Bought by
Benning Lisa M
Seller's Agent
Steven Schneeberger
Keller Williams Integrity Realty
Buyer's Agent
Lisa Benning
Edina Realty, Inc.
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Total Days on Market
160
Current Estimated Value
$378,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,843
Avg. Annual Appreciation
6.46%
Original Mortgage
$190,000
Outstanding Balance
$148,515
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$230,328

Purchase Details

Closed on
Jun 9, 2008
Sold by
Drangeid Joyce A
Bought by
Cutter Polly

Purchase Details

Closed on
Oct 15, 2003
Sold by
Schuette Gary P
Bought by
Drangeid Richard L and Drangeid Joyce A

Purchase Details

Closed on
Oct 27, 1997
Sold by
Misukams Eugene D
Bought by
Schuette Gary P and Schuette Linda J
Source: Public Records

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Range of Values:

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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
Benning Lisa M $200,000 Gibraltar Title Agency Llc
Cutter Polly $234,000 --
Drangeid Richard L $220,000 --
Schuette Gary P $113,373 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benning Lisa M $190,000
Closed Schuette Gary P --
Closed Schuette Gary P $1,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $200,000 -4.7% $105 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $209,900 -- $110 / 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 $4,363 $322,200 $155,000 $167,200
2022 $3,613 $317,000 $155,000 $162,000
2021 $3,411 $265,000 $125,000 $140,000
2020 $3,440 $249,000 $117,000 $132,000
2019 $3,252 $241,000 $106,000 $135,000
2018 $3,170 $225,000 $97,000 $128,000
2017 $2,912 $209,000 $94,000 $115,000
2016 $2,904 $197,000 $85,000 $112,000
2015 $3,212 $201,000 $89,000 $112,000
2014 -- $181,000 $84,000 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4673959

REALTOR® Association of Southern Minnesota

APN: 33-028-24-22-0041