NOT LISTED FOR SALE

7217 1st Ave S Richfield, MN 55423

Estimated Value: $231,000 - $301,976

2 Beds
1 Bath
942 Sq Ft
$270/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $230,000 $244 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,818/month

53 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • 1-Story Property
  • Family Room

About This Home

As of May 2024

Home has great bones and is in need of a remodel. Great layout and exterior is in great shape. Sold as-is. Cash offer only.

Last Listed By

Mark Abdel

RE/MAX Advantage Plus Listed on: 01/18/2024

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Vinyl Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Composite

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3402824130108

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,927

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 912
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 942
  • Below Grade Finished Sq Ft: 30
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Laundry, Workshop

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Composite, Partial, Vinyl
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 336

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402824130108
  • Tax Annual Amount: 3927
  • TaxWithAssessments: 3927.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 10, 2024
Sold by
Sveum Randy
Bought by
Arthurs Estate Llc
Seller's Agent
Mark Abdel
RE/MAX Advantage Plus
Buyer's Agent
Chen Zhou
Bridge Realty, LLC
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Total Days on Market
53
Views
13
Current Estimated Value
$254,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,494
Avg. Annual Appreciation
10.12%

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 1, 2024
Sold by
Sveum Randal Ray and Sveum Randy
Bought by
Arthurs Estate Llc
Seller's Agent
Mark Abdel
RE/MAX Advantage Plus
Buyer's Agent
Chen Zhou
Bridge Realty, LLC
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
13

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 24, 2024
Sold by
Sveum Margaret Mary
Bought by
Sveum Randal Ray
Seller's Agent
Mark Abdel
RE/MAX Advantage Plus
Buyer's Agent
Chen Zhou
Bridge Realty, LLC
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
13

Purchase Details

Closed on
Nov 19, 2021
Sold by
Peterson Judith I
Bought by
Svuem Randy

Range of Values:

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Average Value
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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
Arthurs Estate Llc $230,000 --
Arthurs Estate Llc $230,000 Trademark Title
Sveum Randal Ray $500 Trademark Title
Svuem Randy $271,818 Trademark Title Services Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $230,000 -2.1% $244 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $235,000 -- $249 / Sq Ft
Source: NorthstarMLS

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 $4,727 $270,400 $104,400 $166,000
2022 $3,273 $272,000 $108,000 $164,000
2021 $3,144 $241,000 $99,000 $142,000
2020 $3,093 $230,000 $93,000 $137,000
2019 $3,049 $218,000 $92,000 $126,000
2018 $2,966 $211,000 $87,000 $124,000
2017 $2,496 $182,000 $72,000 $110,000
2016 $2,350 $164,000 $65,000 $99,000
2015 $2,216 $158,000 $59,000 $99,000
2014 -- $139,000 $51,000 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6478725

NorthstarMLS

APN: 34-028-24-13-0108