NOT LISTED FOR SALE

7200 16th Ave S Richfield, MN 55423

Estimated Value: $313,000 - $362,000

3 Beds
1 Bath
1,025 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 7200 16th Ave S, Richfield, MN 55423 and is currently estimated at $333,646, approximately $325 per square foot. 7200 16th 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 2, 2018
Sold by
Nelson Carolyn S and Nelson Douglas
Bought by
Reasat Rawatie and Reasat Mohamed I
Current Estimated Value
$333,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$148,665
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$184,981

Purchase Details

Closed on
Oct 12, 2017
Sold by
Nelson Carolyn S and Collopy Florence Margaret
Bought by
Nelson Carolyn S

Purchase Details

Closed on
Dec 14, 2015
Sold by
Collopy Florence M
Bought by
Nelson Carolyn S
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
Reasat Rawatie $230,000 Burnet Title
Nelson Carolyn S -- None Available
Nelson Carolyn S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reasat Rawatie $172,500
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 $4,426 $304,800 $121,500 $183,300
2023 $3,991 $288,100 $106,200 $181,900
2022 $3,530 $278,000 $101,000 $177,000
2021 $3,375 $247,000 $93,000 $154,000
2020 $3,394 $233,000 $85,000 $148,000
2019 $2,992 $224,000 $86,000 $138,000
2018 $2,615 $193,000 $75,000 $118,000
2017 $2,239 $168,000 $63,000 $105,000
2016 $2,133 $153,000 $59,000 $94,000
2015 $1,985 $146,000 $52,000 $94,000
2014 -- $132,000 $50,000 $82,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7200 16th Ave S, Richfield, MN

This home is located at 7200 16th Ave S, Richfield, MN 55423 and is currently estimated at $333,646, approximately $325 per square foot. 7200 16th Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

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