NOT LISTED FOR SALE

7120 3rd Ave S Richfield, MN 55423

Estimated Value: $317,000 - $445,000

3 Beds
1 Bath
1,453 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $355,000 $244 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,298/month

5 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of May 2022

Stylish, fully renovated brick rambler with 3-bedrooms on one level. Original charm preserved with dark stained refinished hardwood floors and cove molding. Extensively updated in both design and mechanicals including smooth ceilings, freshly pained, new A/C and furnace, new sewer-line to the street, new washer and dryer, new dishwasher and stove. Rare, oversized 2-car detached garage. The work has been done. Plenty of space to play in yard and close to library and park! This is a home to see!

Last Listed By

Michael Strand

Edina Realty, Inc. Listed on: 04/09/2022

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x127
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Electric Fireplace
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wooddale 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402824120115

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,283

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1053
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 39x27
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Partially Finished, Storage Space
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Electric, Family Room, Other, Wood Burning
  • Living Area: 1453
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 400
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 2106.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Brick,Frame

Garage/Parking

  • Parking Features: Detached, Gravel, Electric, No Int Access to Dwelling
  • Garage Square Feet: 460
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Patio,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x127
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3402824120115
  • Tax Annual Amount: 3283
  • TaxWithAssessments: 3283.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 18, 2022
Sold by
Zera Thomas and Zera Kristina
Bought by
Hwee Sharon and Thomas Trevor
Seller's Agent
Michael Strand
Edina Realty, Inc.
Buyer's Agent
Leah Drury
Compass
List Price
$300,000
Sold Price
$355,000
Premium/Discount to List
$55,000
18.33%
Total Days on Market
5
Current Estimated Value
$359,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,054
Avg. Annual Appreciation
-1.61%
Original Mortgage
$255,000
Outstanding Balance
$244,022
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$94,312

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 16, 2022
Sold by
Zera Thomas A and Zera Kristina L
Bought by
Hwee Emmett and Hwee Sharon
Seller's Agent
Michael Strand
Edina Realty, Inc.
Buyer's Agent
Leah Drury
Compass
List Price
$300,000
Sold Price
$355,000
Premium/Discount to List
$55,000
18.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$244,022
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$94,312

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 18, 2016
Sold by
The Berkley Group Inc
Bought by
Zera Thomas A and Zera Kristina L
Seller's Agent
Thomas Dulian
The Berkley Group
Buyer's Agent
Jessica Continenza
Mingo Realty, Inc.
List Price
$194,900
Sold Price
$198,000
Premium/Discount to List
$3,100
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$188,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2016
Sold by
Fenske Scott
Bought by
The Berkley Group Inc

Purchase Details

Closed on
Dec 21, 2015
Sold by
Fenske Clemence L and Fenske Joan M
Bought by
Fenske Joan M

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
Hwee Sharon $355,000 --
Hwee Emmett $355,000 None Listed On Document
Zera Thomas A $198,000 Liberty Title Inc
The Berkley Group Inc $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwee Sharon $255,000
Previous Owner Zera Thomas A $188,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $355,000 0.0% $244 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/11/2022 04/11/22 Off Market $355,000 -- --
04/06/2022 04/06/22 For Sale $300,000 +51.5% $206 / Sq Ft
07/18/2016 07/18/16 Sold $198,000 +1.6% $208 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $194,900 -- $205 / Sq Ft
Source: NorthstarMLS

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 $3,681 $274,600 $104,400 $170,200
2022 $3,290 $258,000 $108,000 $150,000
2021 $3,144 $228,000 $99,000 $129,000
2020 $3,229 $215,000 $93,000 $122,000
2019 $3,147 $211,000 $92,000 $119,000
2018 $3,161 $201,000 $87,000 $114,000
2017 $2,759 $180,000 $72,000 $108,000
2016 $2,857 $163,000 $65,000 $98,000
2015 $2,199 $157,000 $59,000 $98,000
2014 -- $138,000 $51,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6159280

NorthstarMLS

APN: 34-028-24-12-0115