7044 16th Ave S Richfield, MN 55423
4
Beds
2
Baths
1,885
Sq Ft
0.33
Acres
Highlights
- Family Room with Fireplace
- No HOA
- Wet Bar
- Corner Lot
- The kitchen features windows
- Storage Room
About This Home
As of March 2023Welcome home to this adorable 1 story 4 bed, 2 bath, 2 car garage home in great Richfield location! This beautiful rambler is located in a large corner lot on a quiet street. Great floor plan, open, bright and spacious. The entire house has just been completely painted. Enjoy the sunny and warm weather by entertaining your guests and friends with a nice BBQ in the huge fenced backyard. Close to schools, parks, walking and bike trails and easy access to shopping and freeway. Don't wait to see this one! Convenient location!
Last Agent to Sell the Property
Keller Williams Integrity Realty Listed on: 08/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,319
Year Built
- Built in 1956
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 132x59x132x59
- Property is Fully Fenced
- Vinyl Fence
- Corner Lot
Parking
- 2 Car Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Wet Bar
- Electric Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage Room
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Storage
- Basement Window Egress
Additional Homes
- One Bathroom Guest House
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
- Engberg Walden 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3502824110067
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2023
Closed on
Mar 17, 2023
Sold by
Sogdiana Llc
Bought by
Jones Rachael Marie
Seller's Agent
Khamdamov Zafar
Zafar Khamdamov
Buyer's Agent
Ryan Blanchard
Real Broker, LLC
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,255
Avg. Annual Appreciation
-1.63%
Original Mortgage
$369,000
Outstanding Balance
$359,402
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$34,889
Purchase Details
Listed on
Aug 18, 2022
Closed on
Oct 14, 2022
Sold by
Alvarez Orlando and Alvarez Lilia Dominguez
Bought by
Sogdiana Llc
Seller's Agent
Yanet Diaz-Ortiz
Keller Williams Integrity Realty
Buyer's Agent
Khamdamov Zafar
Zafar Khamdamov
List Price
$329,900
Sold Price
$329,000
Premium/Discount to List
-$900
-0.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.88%
Original Mortgage
$312,600
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2018
Sold by
Wood Faith C
Bought by
Alvarez Orlando
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,770
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 1996
Sold by
Olson Virginia A
Bought by
Wood William A and Wood Faith C
Similar Homes in Richfield, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | Executive Title | |
| Warranty Deed | $329,000 | -- | |
| Warranty Deed | $241,000 | Trademark Title Svcs Inc | |
| Interfamily Deed Transfer | -- | Trademark Title Svcs Inc | |
| Warranty Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $369,000 | New Conventional | |
| Previous Owner | $312,600 | New Conventional | |
| Previous Owner | $236,250 | New Conventional | |
| Previous Owner | $233,770 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2023 03/17/23 | Sold | $410,000 | -2.4% | $218 / Sq Ft |
| 12/24/2022 12/24/22 | Pending | -- | -- | -- |
| 12/24/2022 12/24/22 | For Sale | $420,000 | +27.7% | $223 / Sq Ft |
| 10/14/2022 10/14/22 | Sold | $329,000 | -0.3% | $175 / Sq Ft |
| 09/17/2022 09/17/22 | Pending | -- | -- | -- |
| 09/13/2022 09/13/22 | For Sale | $329,900 | +0.3% | $175 / Sq Ft |
| 09/03/2022 09/03/22 | Off Market | $329,000 | -- | -- |
| 08/09/2022 08/09/22 | For Sale | $329,900 | -- | $175 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,796 | $284,300 | $106,200 | $178,100 |
| 2022 | $3,319 | $276,000 | $101,000 | $175,000 |
| 2021 | $3,159 | $246,000 | $93,000 | $153,000 |
| 2020 | $3,227 | $233,000 | $85,000 | $148,000 |
| 2019 | $2,951 | $228,000 | $86,000 | $142,000 |
| 2018 | $2,866 | $207,000 | $75,000 | $132,000 |
| 2017 | $2,468 | $182,000 | $63,000 | $119,000 |
| 2016 | $2,378 | $167,000 | $59,000 | $108,000 |
| 2015 | $2,228 | $160,000 | $52,000 | $108,000 |
| 2014 | -- | $145,000 | $50,000 | $95,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Khamdamov Zafar
Zafar Khamdamov
(612) 703-7730
3 in this area
32 Total Sales
-
Buyer's Agent in 2023
Ryan Blanchard
Real Broker, LLC
(651) 485-5486
1 in this area
69 Total Sales
-
Seller's Agent in 2022
Yanet Diaz-Ortiz
Keller Williams Integrity Realty
(651) 707-3590
5 in this area
130 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6243984
APN: 35-028-24-11-0067
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