NOT LISTED FOR SALE

7116 Garfield Ave Richfield, MN 55423

Estimated Value: $403,000 - $439,866

3 Beds
2 Baths
2,046 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 7116 Garfield Ave, Richfield, MN 55423 and is currently estimated at $426,217, approximately $208 per square foot. 7116 Garfield Ave 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
Jul 19, 2021
Sold by
Ray Erika and Ray Mark
Bought by
Daniel Austin M and Daniel Jenna J
Current Estimated Value
$426,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Outstanding Balance
$340,786
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$88,343

Purchase Details

Closed on
Jul 29, 2015
Sold by
Beckmann Edward E and Beckmann Elizabeth M
Bought by
Ray Mark and Ray Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Lindquist Richard A and Lindquist Cherill R
Bought by
Beckmann Edward E and Arms Elizabeth M
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
Daniel Austin M $390,000 Minnesota Title
Ray Mark $233,000 Edina Realty Title Inc
Beckmann Edward E $222,500 --
Daniel Austin Austin $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Austin M $370,500
Previous Owner Ray Mark $206,000
Closed Daniel Austin Austin $370,500
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 $5,597 $404,800 $137,800 $267,000
2022 $3,846 $397,000 $133,000 $264,000
2021 $3,756 $280,000 $106,000 $174,000
2020 $3,702 $271,000 $107,000 $164,000
2019 $3,721 $257,000 $105,000 $152,000
2018 $3,688 $253,000 $104,000 $149,000
2017 $3,174 $225,000 $83,000 $142,000
2016 $3,114 $209,000 $84,000 $125,000
2015 $2,936 $201,000 $76,000 $125,000
2014 -- $172,000 $60,000 $112,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7116 Garfield Ave, Richfield, MN

This home is located at 7116 Garfield Ave, Richfield, MN 55423 and is currently estimated at $426,217, approximately $208 per square foot. 7116 Garfield Ave 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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