NOT LISTED FOR SALE

7209 Oliver Ave S Richfield, MN 55423

Estimated Value: $407,000 - $467,087

4 Beds
3 Baths
2,131 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 7209 Oliver Ave S, Richfield, MN 55423 and is currently estimated at $440,272, approximately $206 per square foot. 7209 Oliver Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
United Investment Group Llc
Bought by
Covert Andrew and Covert Kristin
Current Estimated Value
$440,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,400
Outstanding Balance
$284,387
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$155,885

Purchase Details

Closed on
Jun 30, 2020
Sold by
Nlc Llc
Bought by
United Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2013
Sold by
Mannie Charles
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 24, 2004
Sold by
Barnes Noah M and Barnes Nicole M
Bought by
Mannie Charles

Purchase Details

Closed on
May 21, 1999
Sold by
Kuehn David D and Kuehn Georganne J
Bought by
Barnes Noah M and Birrittieri Nicole M
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

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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
Covert Andrew $393,000 Edgewater Title Group Llc
United Investment Group Llc $240,000 Edgewater Title Group Llc
Wells Fargo Bank Na $106,920 None Available
Mannie Charles $210,000 --
Barnes Noah M $132,000 --
Covert Andrew Andrew $393,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covert Andrew $314,400
Previous Owner United Investment Group Llc $247,500
Previous Owner Nlc Llc $0
Previous Owner Nlc Llc $123,125
Previous Owner Mannie Charles $60,000
Closed Covert Andrew Andrew $314,400
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 $5,876 $424,200 $155,000 $269,200
2022 $4,130 $417,000 $155,000 $262,000
2021 $3,824 $289,000 $125,000 $164,000
2020 $3,682 $264,000 $117,000 $147,000
2019 $3,612 $243,000 $106,000 $137,000
2018 $3,543 $233,000 $97,000 $136,000
2017 $3,213 $212,000 $94,000 $118,000
2016 $3,059 $189,000 $85,000 $104,000
2015 $2,624 $183,000 $89,000 $94,000
2014 -- $164,000 $84,000 $80,000
Source: Public Records

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