NOT LISTED FOR SALE

7201 3rd Ave S Richfield, MN 55423

Estimated Value: $307,642 - $362,000

3 Beds
1 Bath
1,321 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $175,675 $133 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,099/month

36 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Detached Garage
  • Woodwork

About This Home

As of November 2014

Solid & well maintained 3BR rambler on LG corner lot w/2 car gar & cement drive. Beautifully remodeled bath & gleaming HdWd flrs. Eat-in kit w/NEW gas range & refrigerator. Spacious LR w/form dining. NEW washer/dryer. Patio & shade trees. 1 Yr Home Warr.

Last Agent to Sell the Property

Cathy Branch

Coldwell Banker Burnet Listed on: 09/24/2014

Last Buyer's Agent

Kathryn Saufley

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1954

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x134
  • Corner Lot
  • Few Trees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Patio
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3402824140140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Foundation Size: 925
  • Parcel Number: 3402824140140
  • Projected Closed Date: 11/21/2014
  • Stories: 1 Story
  • Taxes With Assessments: 2328
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 24x11, On Level: Main
  • Room 3: Family Room, 36x11, On Level: Lower
  • Room 4: Kitchen, 13x8, On Level: Main
  • Room 5: Bedroom, 13x10, On Level: Main
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 10x10, On Level: Main
  • Room 9: Patio, 18x13, On Level: Main
  • Room 10: Other, 22x20
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 925
  • Below Grade Finished Sq Ft: 396
  • Total Fin Square Footage: 1321

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 60x134
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1954

Tax Info

  • Year: 2014
  • Tax Value: 2328

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Marti Cassandra A and Koch Matthew Paul
Bought by
Koch Cassandra Ann Marti and Koch Matthew Paul
Total Days on Market
36
Current Estimated Value
$324,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Outstanding Balance
$135,030
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$190,557

Purchase Details

Listed on
Sep 24, 2014
Closed on
Nov 21, 2014
Sold by
Hanson Marez Janet M and Marez Kenneth A
Bought by
Koch Matthew P and Marti Cassandra A
Seller's Agent
Cathy Branch
Coldwell Banker Burnet
Buyer's Agent
Kathryn Saufley
Coldwell Banker Burnet
List Price
$179,900
Sold Price
$175,675
Premium/Discount to List
-$4,225
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$172,466
Interest Rate
3.5%
Mortgage Type
FHA
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
Koch Cassandra Ann Marti $3,000 None Listed On Document
Koch Cassandra Ann Marti -- None Available
Koch Matthew P $175,676 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Matthew Paul Marti $90,000
Open Koch Cassandra Ann Marti $158,000
Closed Koch Cassandra Ann Marti $158,000
Previous Owner Koch Matthew P $162,500
Previous Owner Koch Matthew P $172,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $175,675 -2.3% $133 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $179,900 -- $136 / 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 $3,303 $249,500 $110,200 $139,300
2022 $2,914 $246,000 $114,000 $132,000
2021 $2,843 $218,000 $105,000 $113,000
2020 $2,961 $211,000 $98,000 $113,000
2019 $2,743 $210,000 $97,000 $113,000
2018 $2,749 $193,000 $92,000 $101,000
2017 $2,315 $171,000 $76,000 $95,000
2016 $2,155 $153,000 $68,000 $85,000
2015 $2,041 $148,000 $63,000 $85,000
2014 -- $130,000 $54,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4678157

REALTOR® Association of Southern Minnesota

APN: 34-028-24-14-0140