7220 4th Ave S Richfield, MN 55423
Estimated Value: $305,000 - $329,000
3
Beds
2
Baths
968
Sq Ft
$331/Sq Ft
Est. Value
About This Home
This home is located at 7220 4th Ave S, Richfield, MN 55423 and is currently estimated at $320,497, approximately $331 per square foot. 7220 4th Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2018
Sold by
Remer Deborah J and Remer Randal
Bought by
Knipp Wade D and Knipp Lucy R
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
$225,040
Outstanding Balance
$193,620
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$126,877
Purchase Details
Closed on
May 3, 1996
Sold by
Cochlin Richard
Bought by
Remer Deborah J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knipp Wade D | $232,000 | Westermark Title Agency | |
| Remer Deborah J | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knipp Wade D | $225,040 |
Source: Public Records
Tax History Compared to Growth
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 | $3,695 | $271,900 | $103,600 | $168,300 |
| 2023 | $3,717 | $277,000 | $110,200 | $166,800 |
| 2022 | $3,398 | $279,000 | $114,000 | $165,000 |
| 2021 | $3,238 | $249,000 | $105,000 | $144,000 |
| 2020 | $3,158 | $236,000 | $98,000 | $138,000 |
| 2019 | $3,184 | $222,000 | $97,000 | $125,000 |
| 2018 | $3,345 | $219,000 | $92,000 | $127,000 |
| 2017 | $2,820 | $184,000 | $76,000 | $108,000 |
| 2016 | $2,781 | $170,000 | $68,000 | $102,000 |
| 2015 | $2,666 | $165,000 | $63,000 | $102,000 |
| 2014 | -- | $141,000 | $54,000 | $87,000 |
Source: Public Records
Map
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