NOT LISTED FOR SALE

7040 Lyndale Ave S Richfield, MN 55423

Estimated Value: $510,000 - $568,572

3 Beds
2 Baths
1,829 Sq Ft
$294/Sq Ft Est. Value

About This Home

This home is located at 7040 Lyndale Ave S, Richfield, MN 55423 and is currently estimated at $537,893, approximately $294 per square foot. 7040 Lyndale Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Partnership Academy Inc..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2018
Sold by
Gales Meaver P and Ryan Maeve P
Bought by
Thompson Theodore J and Thompson Amy B
Current Estimated Value
$537,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Malmberg Kathleen A and Malmberg Alan P
Bought by
Gales Nicolas and Ryan Maeve P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,875
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1997
Sold by
Galle Frank F and Galle Janice R
Bought by
Malmberg Alan P and Malmberg Kathleen A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Thompson Theodore J $360,000 All American Title Co
Gales Nicolas $265,000 Stewart Title Of Minnesota I
Gales Nicholas $265,000 --
Malmberg Alan P $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Theodore J $88,465
Open Thompson Theodore J $279,000
Previous Owner Thompson Theodore J $288,000
Previous Owner Gales Nicolas $231,875
Source: Public Records

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 $6,959 $502,000 $165,000 $337,000
2022 $4,958 $454,000 $185,000 $269,000
2021 $4,805 $352,000 $122,000 $230,000
2020 $5,160 $338,000 $116,000 $222,000
2019 $4,743 $346,000 $134,000 $212,000
2018 $4,368 $314,000 $118,000 $196,000
2017 $3,699 $257,000 $90,000 $167,000
2016 $3,690 $242,000 $87,000 $155,000
2015 $3,816 $252,000 $97,000 $155,000
2014 -- $231,000 $96,000 $135,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7040 Lyndale Ave S, Richfield, MN

This home is located at 7040 Lyndale Ave S, Richfield, MN 55423 and is currently estimated at $537,893, approximately $294 per square foot. 7040 Lyndale Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Partnership Academy Inc..

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