Seller's Agent in 2024
Kurt Peterson
RE/MAX Advantage Plus
(612) 325-6324
3 in this area
248 Total Sales
7139 Morgan Ave S Richfield, MN 55423
Estimated Value: $375,000 - $414,045
3
Beds
2
Baths
2,272
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- No HOA
- Stainless Steel Appliances
- 1 Car Attached Garage
- Game Room
- The kitchen features windows
- Wet Bar
About This Home
As of May 2024Welcome home to this darling 3 bed, 2 bath Rambler located in an outstanding area nearby many Richfield/Edina/Bloomington amenities. Easy access to shopping, parks/trails, 35W, Hwy 62, and 494. Nestled on a mature treed lot w/fully fenced backyard, patio, and storage shed. Standout curb appeal with eye-catching stone front entry wall/step, updated windows, gutters, and stylish front door. Well-maintained w/updated A/C, furnace, carpeting. Classic 1950’s Rambler w/coved ceilings and gleaming HWD floors accent this home’s cozy, main level. Stunning fireplace offers a touch of farmhouse and shiplap. Spacious 3 bedrms on the ML feature double windows making them light and bright. Kitchen features SS applcs, white cabinetry, large bay window overlooking the backyard. Walkout from the kitchen to a wonderful backyard patio. Retreat to the finished bsmt w/ new carpet, bar area, flex space, cozy family room, bathroom and finished laundry / storage. Turnkey + move-in ready!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,356
Year Built
- Built in 1950
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 75 x 135
- Property is Fully Fenced
- Chain Link Fence
Parking
- 1 Car Attached Garage
Interior Spaces
- 1-Story Property
- Wet Bar
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Game Room
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Forest Lawn 4Th Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 3302824220074
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2024
Closed on
May 10, 2024
Sold by
Sandvig William R and Sandvig Carolyn
Bought by
Brant Adam and Brant Grace
Seller's Agent
Kurt Peterson
RE/MAX Advantage Plus
Buyer's Agent
Meghan McNamara Roberts
Compass
List Price
$392,000
Sold Price
$400,000
Premium/Discount to List
$8,000
2.04%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,739
Avg. Annual Appreciation
0.09%
Original Mortgage
$380,000
Outstanding Balance
$376,326
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$24,158
Purchase Details
Closed on
Oct 20, 2011
Sold by
Nielsen Leonard F
Bought by
Sandvig William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brant Adam | $400,000 | Legacy Title | |
| Sandvig William R | $190,000 | Burnet Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brant Adam | $380,000 | |
| Previous Owner | Sandvig William R | $180,000 | |
| Previous Owner | Nielsen Leonard F | $70,000 | |
| Previous Owner | Nielsen Leonard F | $28,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $400,000 | +2.0% | $176 / Sq Ft |
| 04/14/2024 04/14/24 | Pending | -- | -- | -- |
| 04/12/2024 04/12/24 | For Sale | $392,000 | -- | $173 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $4,637 | $340,600 | $155,000 | $185,600 |
| 2022 | $3,907 | $336,000 | $155,000 | $181,000 |
| 2021 | $3,693 | $284,000 | $125,000 | $159,000 |
| 2020 | $3,604 | $267,000 | $117,000 | $150,000 |
| 2019 | $3,521 | $251,000 | $106,000 | $145,000 |
| 2018 | $3,403 | $241,000 | $97,000 | $144,000 |
| 2017 | $3,026 | $216,000 | $94,000 | $122,000 |
| 2016 | $2,939 | $199,000 | $85,000 | $114,000 |
| 2015 | $2,970 | $203,000 | $89,000 | $114,000 |
| 2014 | -- | $183,000 | $84,000 | $99,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Peterson
-
Meghan McNamara Roberts
Buyer's Agent in 2024
Meghan McNamara Roberts
Compass
(612) 875-1195
1 in this area
186 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6516739
APN: 33-028-24-22-0074
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