NOT LISTED FOR SALE

7221 3rd Ave S Richfield, MN 55423

Estimated Value: $358,000 - $394,000

3 Beds
1 Bath
1,341 Sq Ft
$277/Sq Ft Est. Value

Last Sold March 13, 2012

Last sale price $120,000 $89 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,471/month

75 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of March 2012

Nice 3BR Rambler style home close to many amenties and hwys! Finished LL family room. Hurry!

Last Agent to Sell the Property

Jason Stockwell

RE/MAX Results Listed on: 12/01/2011

Last Buyer's Agent

Maree Merriam

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,595

Year Built

  • 1954

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 135x60
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,595

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.02
  • Construction: Previously Owned
  • Foundation Size: 921
  • Projected Closed Date: 06/01/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2284.96
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Dining Room: Combine with Living Room
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 24x11, On Level: Main
  • Room 3: Family Room, 16x10, On Level: Lower
  • Room 4: Kitchen, 13x08, On Level: Main
  • Room 5: Bedroom, 10x10, On Level: Main
  • Room 6: Bedroom, 13x10, On Level: Main
  • Room 7: 11x09, On Level: Main
  • Room 9: Rec Room, 12x10, On Level: Lower
  • Room 10: Patio, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 921
  • Below Grade Finished Sq Ft: 420
  • Total Fin Square Footage: 1341

Exterior Features

  • Frontage Road: City
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 135x60
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Rabe Amanda M and Rabe Matthew A
Bought by
Thao Yingfah
Total Days on Market
75
Current Estimated Value
$372,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Outstanding Balance
$270,461
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,544

Purchase Details

Closed on
Sep 4, 2015
Sold by
Anderson Kali B and Houck James T
Bought by
Rabe Amanda M and Rabe Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2011
Closed on
Mar 7, 2012
Sold by
Federal National Mortgage Association
Bought by
Houck James T and Anderson Kali B
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
Maree Merriam
Bridge Realty, LLC
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$116,958
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2011
Sold by
Vogelgesang Mary B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 22, 2005
Sold by
Griffin J Gordon
Bought by
Vogelgesang Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,200
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 9, 2001
Sold by
Carlson Irene A
Bought by
Griffin J Gordon and Paris Karen
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
Thao Yingfah $315,000 Prosperity First Title
Rabe Amanda M $190,000 Burnet Title
Houck James T -- Lakeside Title Inc
Federal National Mortgage Association $189,323 --
Vogelgesang Mary Beth $226,500 --
Griffin J Gordon $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thao Yingfah $300,700
Previous Owner Rabe Amanda M $171,000
Previous Owner Houck James T $116,958
Previous Owner Vogelgesang Mary Beth $181,200
Previous Owner Vogelgesang Mary Beth $45,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2012 03/13/12 Sold $120,000 +0.1% $89 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
12/01/2011 12/01/11 For Sale $119,900 -- $89 / 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 $4,595 $335,300 $110,200 $225,100
2022 $3,944 $328,000 $114,000 $214,000
2021 $3,064 $284,000 $105,000 $179,000
2020 $3,026 $225,000 $98,000 $127,000
2019 $2,998 $214,000 $97,000 $117,000
2018 $2,930 $208,000 $92,000 $116,000
2017 $2,481 $181,000 $76,000 $105,000
2016 $2,262 $159,000 $68,000 $91,000
2015 $2,146 $154,000 $63,000 $91,000
2014 -- $134,000 $54,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jason Stockwell

    RE/MAX

  • M

    Buyer's Agent in 2012

    Maree Merriam

    Bridge Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4091659

REALTOR® Association of Southern Minnesota

APN: 34-028-24-14-0136

Minnesota Hennepin County Richfield 55423

7221 3rd Ave S, Richfield, MN

This home is located at 7221 3rd Ave S, Richfield, MN 55423 since 01 December 2011 and is currently estimated at $372,005, approximately $277 per square foot. This property was built in 1954. 7221 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

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