NOT LISTED FOR SALE

7204 3rd Ave S Richfield, MN 55423

Estimated Value: $338,485 - $403,000

3 Beds
2 Baths
1,526 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 7204 3rd Ave S, Richfield, MN 55423 and is currently estimated at $378,621, approximately $248 per square foot. 7204 3rd 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
Nov 19, 2025
Sold by
Christiansen James and Christiansen Kris Kowalski
Bought by
Hegstad Ellen and Hegstad Cole
Current Estimated Value
$421,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,800
Outstanding Balance
$397,800
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
-$19,179

Purchase Details

Closed on
Oct 21, 2008
Sold by
Deutsche Bank National Trust
Bought by
Christiansen James

Purchase Details

Closed on
Apr 30, 2001
Sold by
Ervasti Stanley and Ervasti Mary Ann
Bought by
Vekved Lois M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Hegstad Ellen $442,000 Burnet Title
Christiansen James $121,000 --
Vekved Lois M $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hegstad Ellen $397,800
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 $6,431 $332,700 $98,100 $234,600
2023 $5,391 $338,500 $104,400 $234,100
2022 $5,078 $338,000 $108,000 $230,000
2021 $5,038 $297,000 $99,000 $198,000
2020 $4,698 $288,000 $93,000 $195,000
2019 $4,306 $276,000 $92,000 $184,000
2018 $4,839 $275,000 $87,000 $188,000
2017 $4,071 $237,000 $72,000 $165,000
2016 $3,936 $212,000 $65,000 $147,000
2015 $3,328 $206,000 $59,000 $147,000
2014 -- $177,000 $51,000 $126,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7204 3rd Ave S, Richfield, MN

Not Listed for Sale

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