NOT LISTED FOR SALE

7027 2nd Ave S Richfield, MN 55423

Estimated Value: $376,000 - $424,000

4 Beds
1.5 Baths
1,781 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $395,000 $222 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,562/month

14 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • Stainless Steel Appliances
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of June 2024

Welcome to your new home! This cozy retreat awaits, ready for you to make it your own. The spacious eat-in kitchen features granite countertops and sleek stainless steel appliances, perfect for preparing meals and gathering with loved ones. Step out onto the inviting deck from the family room, recently updated for your enjoyment. The fenced backyard offers ample space for family activities, and with a new roof installed in 2024, you can rest easy knowing your home is well-protected. The lower level features a generously sized family area, providing space for relaxation and entertainment. Recent upgrades, including new air conditioning and insulation in the attic in 2022, to ensure comfort throughout the year. Conveniently located within walking distance to the library, parks, restaurants, and shopping, this home also offers easy access to the airport for added convenience. Don't miss out on this perfect blend of comfort and practicality – schedule your viewing today!

Last Agent to Sell the Property

Karla Doth

Real Broker, LLC Listed on: 04/15/2024

Real Broker, LLC

Co-Listed By

Joe Schwartzbauer

Real Broker, LLC

Last Buyer's Agent

Jose Hilario

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 1951

Lot Details

  • 10,019

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Brick Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Additional Features

  • 10,019 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • First Stevens Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402824120040

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,089

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1327
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Dishwasher, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Brick
  • Living Area: 1781
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 454
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Living Room, Family Room, Dining Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 135
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402824120040
  • Tax Annual Amount: 5089
  • TaxWithAssessments: 5089.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 30, 2024
Sold by
Wick Mark and Wick Lucy
Bought by
Caldwell John and Grynevich Cedric
Seller's Agent
Karla Doth
Real Broker, LLC
Buyer's Agent
Jose Hilario
Keller Williams Premier Realty Lake Minnetonka
List Price
$395,000
Sold Price
$395,000
Views
41
Current Estimated Value
$404,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,766
Avg. Annual Appreciation
1.55%
Original Mortgage
$395,000
Outstanding Balance
$390,036
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$14,730

Purchase Details

Closed on
Feb 27, 2017
Sold by
Haines Kari B and Hanson Travis S
Bought by
Wick Mark R and Wick Lucy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2013
Sold by
Paramount Investment Group Llc
Bought by
Haines Kari B and Hanson Travis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,433
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2012
Sold by
Citifinancial Services Inc
Bought by
Paramount Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2011
Sold by
Holmes Steven L
Bought by
Citifinancial Services Inc

Purchase Details

Closed on
Jul 28, 1998
Sold by
Dalsin Susan M
Bought by
Holmes Steven L and Netland Debra L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caldwell John $395,000 --
Wick Mark R $255,000 Minnesota Title
Haines Kari B $217,897 Titlenexus Llc
Paramount Investment Group Llc $106,000 Freibert & Mattingly Title G
Citifinancial Services Inc $74,900 --
Citifinancial Services Inc -- None Available
Holmes Steven L $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell John $395,000
Previous Owner Wick Mark R $225,000
Previous Owner Haines Kari B $220,433
Previous Owner Paramount Investment Group Llc $130,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $395,000 0.0% $222 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $395,000 -- $222 / 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 $5,343 $376,300 $109,000 $267,300
2023 $5,350 $385,400 $116,000 $269,400
2022 $4,679 $384,000 $120,000 $264,000
2021 $4,552 $331,000 $110,000 $221,000
2020 $4,549 $319,000 $103,000 $216,000
2019 $4,520 $306,000 $102,000 $204,000
2018 $4,160 $298,000 $97,000 $201,000
2017 $3,508 $243,000 $80,000 $163,000
2016 $3,600 $224,000 $72,000 $152,000
2015 $3,265 $218,000 $66,000 $152,000
2014 -- $169,000 $57,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6501422

NorthstarMLS

APN: 34-028-24-12-0040