NOT LISTED FOR SALE

7209 Grand Ave S Richfield, MN 55423

Estimated Value: $387,000 - $410,504

4 Beds
3 Baths
2,384 Sq Ft
$167/Sq Ft Est. Value

About This Home

This home is located at 7209 Grand Ave S, Richfield, MN 55423 and is currently estimated at $398,126, approximately $166 per square foot. 7209 Grand Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Partnership Academy Inc..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Smith Kerstin and Smith Lowery
Bought by
Tekle Belainesh and Tekle Stephens Haregewin
Current Estimated Value
$398,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,801
Outstanding Balance
$248,881
Interest Rate
2.99%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$149,453

Purchase Details

Closed on
Oct 14, 2010
Sold by
The Bank Of New York
Bought by
Palm Kerstin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Tarman Muriel J
Bought by
Burgos Armando Omana and Cervantes Xochitl Galarza
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Tekle Belainesh $336,000 Midland Title
Palm Kerstin $145,000 --
Burgos Armando Omana $223,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tekle Belainesh $268,801
Closed Tekle Belainesh $268,801
Previous Owner Palm Kerstin M $116,000
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
2023 $4,537 $333,900 $130,500 $203,400
2022 $3,660 $314,000 $126,000 $188,000
2021 $3,614 $268,000 $101,000 $167,000
2020 $3,505 $262,000 $102,000 $160,000
2019 $3,655 $245,000 $99,000 $146,000
2018 $3,349 $249,000 $98,000 $151,000
2017 $2,879 $207,000 $78,000 $129,000
2016 $2,956 $200,000 $79,000 $121,000
2015 $2,797 $193,000 $72,000 $121,000
2014 -- $164,000 $57,000 $107,000
Source: Public Records

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