NOT LISTED FOR SALE

7208 3rd Ave S Richfield, MN 55423

Estimated Value: $371,000 - $396,000

4 Beds
2 Baths
1,932 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $192,500 $100 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,531/month

131 Days on Market

Highlights

  • Deck
  • 3 Car Detached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Woodwork
  • 1-Story Property

About This Home

As of October 2012

3 CAR GARAGE WITH 220 AMP, HUGE 18 X 16 DECK OFF OPEN KITCHEN/DR, HW FLOORS, 3 BR'S ON MAIN LEVEL W/ 4TH BR IN BM AND POTENTIAL TO ADD 5TH! AC AND FURNACE NEW IN '09, VINYL SIDING, WINDOWS AND ROOF IN GOOD CONDITION, CUSTOM BLINDS! GREAT VALUE & LOCATION!

Last Listed By

James Korman

Terra Companies Listed on: 05/26/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,725

Year Built

  • 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 127 x 50
  • Partially Fenced Property

Home Design

  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 3 Car Detached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3402824130139

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,725

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Partial
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foundation Size: 1132
  • Parcel Number: 3402824130139
  • Projected Closed Date: 10/04/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2712
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x12, On Level: Main
  • Room 2: Dining Room, 14x14, On Level: Main
  • Room 3: Family Room, 23x11, On Level: Lower
  • Room 4: Kitchen, 16x10, On Level: Main
  • Room 5: Bedroom, 13x10, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 12x9, On Level: Main
  • Room 8: Bedroom, 14x11, On Level: Lower
  • Room 9: Deck, 18x16, On Level: Main
  • Room 10: Den/Office, 12x10, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1132
  • Below Grade Finished Sq Ft: 800
  • Total Fin Square Footage: 1932

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 127 X 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2012
Closed on
Oct 4, 2012
Sold by
Kutz Karen M and Raver Brina W
Bought by
Roberts Alison
Seller's Agent
James Korman
Terra Companies
List Price
$219,900
Sold Price
$192,500
Premium/Discount to List
-$27,400
-12.46%
Total Days on Market
131
Current Estimated Value
$380,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,264
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Oct 13, 2006
Sold by
Jacobson Luther Marvin and Jacobson Karen M
Bought by
Raver Brian W
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
Roberts Alison $192,500 Dca Title
Raver Brian W $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobson Luther Marvin $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2012 10/04/12 Sold $192,500 -12.5% $100 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $219,900 -- $114 / 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 $4,725 $343,900 $104,400 $239,500
2022 $4,131 $339,000 $108,000 $231,000
2021 $3,997 $296,000 $99,000 $197,000
2020 $4,136 $284,000 $93,000 $191,000
2019 $3,962 $281,000 $92,000 $189,000
2018 $3,780 $265,000 $87,000 $178,000
2017 $3,193 $224,000 $72,000 $152,000
2016 $3,058 $204,000 $65,000 $139,000
2015 $2,915 $198,000 $59,000 $139,000
2014 -- $158,000 $51,000 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4132340

REALTOR® Association of Southern Minnesota

APN: 34-028-24-13-0139