NOT LISTED FOR SALE

7127 Morgan Ave S Richfield, MN 55423

Estimated Value: $377,000 - $402,181

4 Beds
1.5 Baths
1,865 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $225,000 $121 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,614/month

19 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Woodwork
  • Wood Flooring
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of May 2013

Ready for you to enjoy from Day1! Gleaming hrdwd flrs, generous sized bedrms, updated kitchen w/SS appls., LR fireplace and surround sound throughout, beautiful 3-season porch overlooking lrg level backyard, plus an oversized attached 2 car gar. Must see!

Last Agent to Sell the Property

Michael Strand

Edina Realty, Inc. Listed on: 04/04/2013

Co-Listed By

Lindsay Strand

Edina Realty, Inc.

Last Buyer's Agent

Mark Kouatli

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,825

Year Built

  • 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x135
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Additional Features

  • Property is near public transit
  • Machine Shed

Listing and Financial Details

  • Assessor Parcel Number 3302824220076

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,825

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Partial, Porch
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 1170
  • Parcel Number: 3302824220076
  • Projected Closed Date: 05/28/2013
  • Stories: 1 Story
  • Taxes With Assessments: 3269
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x12, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 3: Family Room, 25x13, On Level: Lower
  • Room 4: Kitchen, 10x10, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: 11x10, On Level: Main
  • Room 8: Bedroom, 15x11, On Level: Lower
  • Room 9: Porch, 15x11, On Level: Main
  • Basement Features: Finished, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1165
  • Below Grade Finished Sq Ft: 700
  • Total Fin Square Footage: 1865

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Brick, Wood
  • Out Buildings: Machine Shed, Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75x135
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Hutson Ted
Bought by
Burdge David A
Total Days on Market
19
Current Estimated Value
$394,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,850
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2013
Closed on
May 22, 2013
Sold by
Gravrock Marisa D and Gravrock Erik P
Bought by
Hutson Ted
Seller's Agent
Michael Strand
Edina Realty, Inc.
Buyer's Agent
Mark Kouatli
Edina Realty, Inc.
List Price
$227,000
Sold Price
$225,000
Premium/Discount to List
-$2,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$220,850
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2011
Sold by
Keen Ryan J
Bought by
Lemmon Marisa D and Gravrock Erik P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,676
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2009
Sold by
Jacobs Larry W
Bought by
Keen Ryan J

Purchase Details

Closed on
May 30, 2002
Sold by
Don Francesco Susan L and Don Francesco Ed
Bought by
Jacobs Larry W

Purchase Details

Closed on
Jun 25, 1999
Sold by
Tolzin Jeffrey R and Tolzin Karla R
Bought by
Penrod Susan L
Source: Public Records

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Range of Values:

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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
Burdge David A $263,000 Watermark Title Agency
Hutson Ted $218,382 None Available
Lemmon Marisa D $210,000 Burnet Title
Lemmon Marisa D $210,000 --
Keen Ryan J $249,777 --
Jacobs Larry W $223,000 --
Penrod Susan L $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burdge David A $240,100
Closed Burdge David A $249,850
Previous Owner Hutson Ted $62,243
Previous Owner Hutson Ted $220,850
Previous Owner Lemmon Marisa D $204,676
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $225,000 -0.9% $121 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $227,000 -- $122 / 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
2023 $4,825 $353,200 $155,000 $198,200
2022 $4,092 $348,000 $155,000 $193,000
2021 $3,897 $296,000 $125,000 $171,000
2020 $3,816 $280,000 $117,000 $163,000
2019 $3,738 $264,000 $106,000 $158,000
2018 $3,688 $254,000 $97,000 $157,000
2017 $3,387 $238,000 $94,000 $144,000
2016 $3,218 $215,000 $85,000 $130,000
2015 $3,247 $219,000 $89,000 $130,000
2014 -- $196,000 $84,000 $112,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Strand

    Edina Realty, Inc.

  • L

    Seller Co-Listing Agent in 2013

    Lindsay Strand

    Edina Realty, Inc.

  • M

    Buyer's Agent in 2013

    Mark Kouatli

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4458455

REALTOR® Association of Southern Minnesota

APN: 33-028-24-22-0076

Minnesota Hennepin County Richfield 55423

7127 Morgan Ave S, Richfield, MN

This home is located at 7127 Morgan Ave S, Richfield, MN 55423 since 04 April 2013 and is currently estimated at $394,045, approximately $211 per square foot. This property was built in 1950. 7127 Morgan Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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