7204 3rd Ave S Richfield, MN 55423
Estimated Value: $418,206 - $446,000
3
Beds
2
Baths
1,526
Sq Ft
$283/Sq Ft
Est. Value
About This Home
This home is located at 7204 3rd Ave S, Richfield, MN 55423 and is currently estimated at $431,552, approximately $282 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
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
$33,752
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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