NOT LISTED FOR SALE

7045 3rd Ave S Richfield, MN 55423

Estimated Value: $362,871 - $399,000

3 Beds
1.5 Baths
1,805 Sq Ft
$212/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $195,000 $108 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,343/month

180 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Landscaped with Trees
  • Wood Siding

About This Home

As of March 2014

WONDERFUL HOUSE, PRICE IMPROVED TO UNDER $203K! Professionally renovated, updated kitchen and baths, 3 bedrooms plus 2 dens, big family room, 3 finished levels! All work under warranty. MUST SEE!

Last Agent to Sell the Property

Jay Nord

Robert Engstrom Companies Listed on: 09/22/2013

Co-Listed By

Robert Engstrom

Robert Engstrom Companies

Last Buyer's Agent

Matthew Ettl

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1951

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 69x140
  • Corner Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3402824110057

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,278

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Foundation Size: 930
  • Parcel Number: 3402824110057
  • Stories: 1.25 - 1.75 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x12, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 3: Family Room, 21x18, On Level: Lower
  • Room 4: Kitchen, 11x11, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 19x10, On Level: Upper
  • Room 9: Den/Office, 11x9, On Level: Upper
  • Room 10: Den/Office, 11x8, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1296
  • Below Grade Finished Sq Ft: 509
  • Total Fin Square Footage: 1805

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 69x140
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2013
  • Tax Value: 2278

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Hahn Benjamin C and Hahn Natalie
Bought by
Schueller Daniel Jonathan
Current Estimated Value
$383,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Outstanding Balance
$272,971
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$110,497

Purchase Details

Closed on
May 24, 2018
Sold by
Luth Ricky G and Luth Laura
Bought by
Luth Randy E and Luth Pamela

Purchase Details

Listed on
Sep 22, 2013
Closed on
Mar 21, 2014
Sold by
Robert Engstrom Capital Management Llc
Bought by
Hahn Benjamin C
Seller's Agent
Jay Nord
Robert Engstrom Companies
Buyer's Agent
Matthew Ettl
Coldwell Banker Burnet
List Price
$229,900
Sold Price
$195,000
Premium/Discount to List
-$34,900
-15.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$185,250
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.98%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Twin Cities Community Land Bank Llc
Bought by
Robert Engstrom Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.98%

Purchase Details

Closed on
May 17, 2013
Sold by
Us Bank National Association
Bought by
Twin Cities Community Land Bank Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
3.98%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Boll James K
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schueller Daniel Jonathan $335,000 Burnet Title
Luth Randy E $184,000 Edina Realty Title Inc
Hahn Benjamin C $195,000 Burnet Title
-- $139,000 --
Robert Engstrom Capital Management Llc $134,911 Land Title Inc
Twin Cities Community Land Bank Llc $134,911 Minnesota Abstract & Title
-- $139,000 --
Us Bank National Association $203,862 None Available
Schueller Daniel Daniel $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schueller Daniel Jonathan $301,500
Previous Owner Hahn Benjamin C $185,250
Previous Owner -- $139,000
Previous Owner Twin Cities Community Land Bank Llc $154,000
Closed Schueller Daniel Daniel $301,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $195,000 -15.2% $108 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
09/22/2013 09/22/13 For Sale $229,900 -- $127 / 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 $4,299 $310,100 $109,000 $201,100
2023 $4,306 $316,100 $116,000 $200,100
2022 $3,772 $316,000 $120,000 $196,000
2021 $3,602 $273,000 $110,000 $163,000
2020 $3,573 $259,000 $103,000 $156,000
2019 $3,420 $247,000 $102,000 $145,000
2018 $3,364 $233,000 $92,000 $141,000
2017 $2,861 $204,000 $76,000 $128,000
2016 $2,722 $185,000 $68,000 $117,000
2015 $2,269 $161,000 $63,000 $98,000
2014 -- $131,000 $54,000 $77,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jay Nord

    Robert Engstrom Companies

  • R

    Seller Co-Listing Agent in 2014

    Robert Engstrom

    Robert Engstrom Companies

  • M

    Buyer's Agent in 2014

    Matthew Ettl

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4536767

REALTOR® Association of Southern Minnesota

APN: 34-028-24-11-0057

Minnesota Hennepin County Richfield 55423

7045 3rd Ave S, Richfield, MN

Not Listed for Sale

Detached

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