NOT LISTED FOR SALE

7032 5th Ave S Richfield, MN 55423

Estimated Value: $348,251 - $398,000

3 Beds
2 Baths
1,411 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 12, 2013

Last sale price $155,000 $110 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,385/month

23 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of August 2013

1953 built 3BR/2BA home located on .25 acre lot. Home features: fresh paint, refinished hardwood floors, new vinyl flooring, new stainless steel appliances, newer windows, patio & 1 car detached garage. Home is in move-in condition.

Last Agent to Sell the Property

Alyssa DePesa Granlund

Edina Realty, Inc. Listed on: 06/17/2013

Last Buyer's Agent

Cory Kingbay

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x144

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Patio
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3402824110094

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,388

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.25
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 731
  • Parcel Number: 3402824110094
  • Projected Closed Date: 08/27/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2388
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • 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, 16x12, On Level: Main
  • Room 4: Kitchen, 12x9, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 15x11, On Level: Lower
  • Basement Features: Egress Windows
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 911
  • Below Grade Finished Sq Ft: 500
  • Total Fin Square Footage: 1411

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • 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: 75x144
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2012
  • Tax Value: 2388

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jul 24, 2013
Sold by
Us Bank National Association
Bought by
Schug Kevin
Seller's Agent
Alyssa DePesa Granlund
Edina Realty, Inc.
Buyer's Agent
Cory Kingbay
RE/MAX Results
List Price
$134,000
Sold Price
$155,000
Premium/Discount to List
$21,000
15.67%
Current Estimated Value
$370,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,063
Avg. Annual Appreciation
7.42%
Original Mortgage
$152,192
Outstanding Balance
$113,465
Interest Rate
4.53%
Mortgage Type
FHA
Estimated Equity
$256,598

Purchase Details

Closed on
Sep 21, 2012
Sold by
Lange Elise A
Bought by
Us Bank National Association
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
Schug Kevin $155,000 Servicelink
Us Bank National Association $178,789 --
Us Bank National Association $178,789 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schug Kevin $152,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2013 08/12/13 Sold $155,000 +15.7% $110 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $134,000 -- $95 / 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 $4,982 $308,700 $109,000 $199,700
2023 $5,117 $318,300 $116,000 $202,300
2022 $3,948 $283,000 $120,000 $163,000
2021 $3,830 $249,000 $110,000 $139,000
2020 $3,687 $237,000 $103,000 $134,000
2019 $3,587 $220,000 $102,000 $118,000
2018 $3,446 $211,000 $97,000 $114,000
2017 $2,430 $178,000 $80,000 $98,000
2016 $2,350 $164,000 $72,000 $92,000
2015 $2,216 $158,000 $66,000 $92,000
2014 -- $136,000 $57,000 $79,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Alyssa DePesa Granlund

    Edina Realty, Inc.

  • C

    Buyer's Agent in 2013

    Cory Kingbay

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4495968

REALTOR® Association of Southern Minnesota

APN: 34-028-24-11-0094

Minnesota Hennepin County Richfield 55423

7032 5th Ave S, Richfield, MN

This home is located at 7032 5th Ave S, Richfield, MN 55423 since 17 June 2013 and is currently estimated at $370,063, approximately $262 per square foot. This property was built in 1953. 7032 5th 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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