NOT LISTED FOR SALE

7115 16th Ave S Richfield, MN 55423

Estimated Value: $407,000 - $501,000

4 Beds
3 Baths
2,918 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $182,500 $63 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,849/month

34 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Corner Lot
  • 0.42 Acre Lot
  • Property is near public transit
  • Formal Dining Room

About This Home

As of March 2012

MOTIVATED SELLER ! Sparkling clean 4-bedroom home with lots of space for living both inside & out! Tons of storage & spacious rooms on every level. Kitchen opens to dining area with wood burning fireplace. Enjoy deck, patio, playground & sport court.

Last Agent to Sell the Property

Susan Throndrud

RE/MAX Results Listed on: 12/23/2011

Last Buyer's Agent

Josh Pomerleau

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,735

Year Built

  • 1963

Lot Details

  • 0.42 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Central Vacuum
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement

Kitchen

  • Built-In Oven
  • Indoor Grill
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,735

Year Built

1963

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.42
  • Construction: Previously Owned
  • Foundation Size: 1232
  • Mechanicals: Central Vacuum
  • Projected Closed Date: 04/06/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 3573.18
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Indoor Grill, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 21.5x15.5, On Level: Main
  • Room 2: Dining Room, 12x10.5, On Level: Main
  • Room 3: Family Room, 21x13, On Level: Lower
  • Room 4: Kitchen, 16x8, On Level: Main
  • Room 5: Bedroom, 15x12.5, On Level: Upper
  • Room 6: Bedroom, 15x12.5, On Level: Upper
  • Room 7: 16x11, On Level: Main
  • Room 8: Bedroom, 15x12.5, On Level: Lower
  • Room 9: Den/Office, 13x9.5, On Level: Lower
  • Room 10: Deck
  • Basement Features: Finished
  • Finished Above Grade Sq Ft: 1848
  • Below Grade Finished Sq Ft: 1070
  • Total Fin Square Footage: 2918

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall, Window
  • Fuel: Natural Gas
  • Heat: Baseboard, Forced Air, In Floor, Radiant

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 44X234X26X
  • Lot/Land Description: Corner Lot, Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2011
Closed on
Feb 24, 2012
Sold by
Freeman Teresa M
Bought by
Schissel Nicole Y and Schissel Shane
Seller's Agent
Susan Throndrud
RE/MAX Results
Buyer's Agent
Josh Pomerleau
Keller Williams Classic Rlty NW
List Price
$190,000
Sold Price
$182,500
Premium/Discount to List
-$7,500
-3.95%
Current Estimated Value
$452,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,642
Avg. Annual Appreciation
6.87%
Original Mortgage
$173,375
Outstanding Balance
$119,096
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$333,046
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
Schissel Nicole Y $182,500 Liberty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schissel Nicole Y $173,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $182,500 -3.9% $63 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $190,000 -- $65 / 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 $5,735 $403,900 $148,500 $255,400
2023 $5,322 $386,400 $129,800 $256,600
2022 $4,541 $365,000 $123,000 $242,000
2021 $4,335 $325,000 $113,000 $212,000
2020 $4,357 $308,000 $103,000 $205,000
2019 $4,325 $297,000 $106,000 $191,000
2018 $4,135 $289,000 $91,000 $198,000
2017 $3,485 $244,000 $77,000 $167,000
2016 $3,464 $229,000 $72,000 $157,000
2015 $3,282 $221,000 $64,000 $157,000
2014 -- $200,000 $62,000 $138,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Susan Throndrud

    RE/MAX

  • J

    Buyer's Agent in 2012

    Josh Pomerleau

    Keller Williams Classic Rlty NW

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4095021

REALTOR® Association of Southern Minnesota

APN: 35-028-24-11-0087

Minnesota Hennepin County Richfield 55423

7115 16th Ave S, Richfield, MN

This home is located at 7115 16th Ave S, Richfield, MN 55423 since 23 December 2011 and is currently estimated at $452,142, approximately $154 per square foot. This property was built in 1963. 7115 16th Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

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