NOT LISTED FOR SALE

7120 3rd Ave S Richfield, MN 55423

Estimated Value: $321,000 - $387,000

3 Beds
1 Bath
1,453 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 7120 3rd Ave S, Richfield, MN 55423 and is currently estimated at $349,009, approximately $240 per square foot. 7120 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2022
Sold by
Zera Thomas and Zera Kristina
Bought by
Hwee Sharon and Thomas Trevor
Current Estimated Value
$349,009

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
$241,055
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$107,954

Purchase Details

Closed on
May 16, 2022
Sold by
Zera Thomas A and Zera Kristina L
Bought by
Hwee Emmett and Hwee Sharon

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
$241,055
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$107,954

Purchase Details

Closed on
Jul 18, 2016
Sold by
The Berkley Group Inc
Bought by
Zera Thomas A and Zera Kristina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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
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

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 $3,650 $269,000 $98,100 $170,900
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

Map

Minnesota Hennepin County Richfield 55423

7120 3rd Ave S, Richfield, MN

This home is located at 7120 3rd Ave S, Richfield, MN 55423 and is currently estimated at $349,009, approximately $240 per square foot. 7120 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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