NOT LISTED FOR SALE

7145 Park Ave Richfield, MN 55423

Estimated Value: $447,000 - $588,000

5 Beds
3 Baths
3,506 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $556,000 $159 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,471/month

8 Days on Market

Highlights

  • Family Room with Fireplace
  • Corner Lot
  • The kitchen features windows
  • Main Floor Primary Bedroom
  • No HOA
  • 2 Car Attached Garage

About This Home

As of April 2024

Introducing an expansive home in Richfield, boasting 5 large bedrooms, 3 full bathrooms, and over 3500 finished square feet of living space. Situated on a third of an acre, equivalent to a lot and a half in the City. Enjoy nearby parks, convenient access to amenities, and just a short 10-minute drive to MSP. Step inside to discover charming character accompanied by three fireplaces, expansive outdoor entertaining space, and a full owner's suite with a private outdoor living area. This unique property in Richfield promises size, character, and exceptional layout. Don't miss out on this one-of-a-kind opportunity.

Last Agent to Sell the Property

Christopher Walsh

RE/MAX Results Listed on: 03/21/2024

RE/MAX Results

Last Buyer's Agent

Kelly O'Neil

O'Neil Group LLC

O'Neil Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,509

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x133
  • Privacy Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3502824220031

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,509

Year Built

Built in 1953

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: 3
  • Water Source: City Water/Connected
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 3050
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Partial
  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas, Living Room, Other, Wood Burning Stove
  • Living Area: 3506
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 456
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Foyer, Bedroom 1, Bedroom 2, Living Room, Informal Dining Room, Kitchen, Bedroom 3, Bedroom 4, Bedroom 5, Sun Room, Family Room, Storage

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle
  • Fencing: Privacy
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio,Terrace

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 520

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Skylight,Sun Room

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x133
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3502824220031
  • Tax Annual Amount: 6509
  • TaxWithAssessments: 6509.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 26, 2024
Sold by
Duffey Pamela and Duffey Jack
Bought by
Brown Sarah and Erickson Christopher
Seller's Agent
Christopher Walsh
RE/MAX Results
Buyer's Agent
Kelly O'Neil
O'Neil Group LLC
List Price
$535,000
Sold Price
$556,000
Premium/Discount to List
$21,000
3.93%
Views
50
Current Estimated Value
$549,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,157
Avg. Annual Appreciation
0.67%
Original Mortgage
$472,600
Outstanding Balance
$467,987
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$93,208

Purchase Details

Closed on
Nov 5, 2013
Sold by
Duffey Pamela D and Duffey Jack
Bought by
Duffey Pamela D and Duffey Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,953
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Aug 9, 2000
Sold by
Burkemper Leroy A and Burkemper Patty L
Bought by
Duffey Jack E and Duffey Pamela D
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
Brown Sarah $556,000 --
Duffey Pamela D -- None Available
Duffey Jack E $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Sarah $472,600
Previous Owner Duffey Jack $294,902
Previous Owner Duffey Pamela D $284,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $556,000 +3.9% $159 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $535,000 -- $153 / 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 $6,509 $466,100 $125,000 $341,100
2022 $5,552 $442,000 $121,000 $321,000
2021 $5,327 $387,000 $123,000 $264,000
2020 $5,475 $368,000 $106,000 $262,000
2019 $5,281 $362,000 $109,000 $253,000
2018 $5,099 $343,000 $97,000 $246,000
2017 $4,355 $294,000 $72,000 $222,000
2016 $4,385 $279,000 $74,000 $205,000
2015 $4,207 $272,000 $67,000 $205,000
2014 -- $254,000 $67,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6501354

NorthstarMLS

APN: 35-028-24-22-0031