NOT LISTED FOR SALE

7126 12th Ave S Richfield, MN 55423

Estimated Value: $336,000 - $367,531

3 Beds
2 Baths
1,648 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $295,500 $179 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,290/month

Highlights

  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System
  • Game Room
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of October 2022

Come see this 3 bed 2 bath rambler in the heart of Richfield! Updated kitchen with newer cabinets, flooring and newer stainless steel appliances with premium induction stove. The spacious patio in the large fully fenced backyard is a perfect space for entertaining. This home is located in a convenient area close to schools, shops, highway access and more.

Last Agent to Sell the Property

Lance Berwald

Keller Williams Preferred Rlty Listed on: 09/09/2022

Keller Williams Preferred Rlty

Co-Listed By

David Paulson

Keller Williams Preferred Rlty

Last Buyer's Agent

Todd Ginsberg

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,907

Year Built

  • Built in 1954

Lot Details

  • 9,888 Sq Ft Lot
  • Lot Dimensions are 75x132
  • Property is Fully Fenced
  • Chain Link Fence
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Game Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3502824210009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,907

Year Built

Built in 1954

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: 1954
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Posts, Partially Finished, Storage Space, Unfinished
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1648
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 608
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Amusement Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Chain Link, Full
  • ConstructionMaterialsDesc: Block,Timber/Post & Beam

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

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

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x132
  • Lot Size Sq Ft: 9888.12
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3502824210009
  • Tax Annual Amount: 3907
  • TaxWithAssessments: 3907.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 25, 2022
Sold by
Lepisto Jacob and Lepisto Emily
Bought by
Morocho Teresa and Puchuela Carlos
Seller's Agent
Lance Berwald
Keller Williams Preferred Rlty
Buyer's Agent
Todd Ginsberg
RE/MAX Results
List Price
$299,900
Sold Price
$295,500
Premium/Discount to List
-$4,400
-1.47%
Views
2
Current Estimated Value
$349,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,883
Avg. Annual Appreciation
5.23%
Original Mortgage
$236,400
Outstanding Balance
$229,949
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$110,361

Purchase Details

Closed on
Aug 26, 2016
Sold by
Lund Jeffrey J and Lund Tracy A
Bought by
Lepisto Jacob and Lepisto Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2016
Sold by
Lund Jeffrey John and Lund Tracy Ann
Bought by
Tracy A Lund Revocable Trust
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
Morocho Teresa $295,500 Prosperity First Title
Lepisto Jacob $210,000 Attorney
Tracy A Lund Revocable Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morocho Teresa $236,400
Previous Owner Lepisto Jacob $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $295,500 -1.5% $179 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $299,900 -- $182 / 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 $4,336 $320,400 $119,000 $201,400
2022 $3,907 $308,000 $115,000 $193,000
2021 $3,614 $284,000 $117,000 $167,000
2020 $3,718 $262,000 $101,000 $161,000
2019 $3,553 $258,000 $104,000 $154,000
2018 $3,258 $243,000 $92,000 $151,000
2017 $2,632 $192,000 $69,000 $123,000
2016 $2,606 $180,000 $70,000 $110,000
2015 $2,469 $174,000 $64,000 $110,000
2014 -- $161,000 $64,000 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6258508

NorthstarMLS

APN: 35-028-24-21-0009