$136,895
SOLD MAR 9, 2015

7224 18th Ave S Richfield, MN 55423

4 Beds
1.5 Baths
1,843 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

17% Below List Price

56 Days on Market

About This Home

As of March 2015

BANK-OWNED FORECLOSURE. PROPERTY SOLD 'AS IS' WITHOUT REPAIRS, WARRANTY OR SELLER DISCLOSURE & MAY BE a TIME LIMIT BID auction. Buyer should have representation, inspect home and verify all dimensions. Buyer pays web tech fee and buyer premium at closing.

Last Agent to Sell the Property

Ed DonFrancesco

REALHome Services Listed on: 12/03/2014

Last Buyer's Agent

Lien Tran

Corrigo Management, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x133

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3502824140069

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,278

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.18
  • Construction: Previously Owned
  • Foundation Size: 1024
  • Parcel Number: 3502824140069
  • Projected Closed Date: 04/01/2015
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2278
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x14, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 14x14, On Level: Main
  • Room 6: Bedroom, 14x12, On Level: Main
  • Room 7: 12x10, On Level: Main
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1024
  • Below Grade Finished Sq Ft: 819
  • Total Fin Square Footage: 1843

Exterior Features

  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 60x133

Building Info

  • Year Built: 1959

Tax Info

  • Year: 2014
  • Tax Value: 2278

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2014
Closed on
Feb 13, 2015
Sold by
Hsbc Bank Usa Na
Bought by
Pham Hoia
Seller's Agent
Ed DonFrancesco
REALHome Services
Buyer's Agent
Lien Tran
Corrigo Management, Inc
List Price
$164,300
Sold Price
$136,895
Premium/Discount to List
-$27,405
-16.68%
Current Estimated Value
$357,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,567
Avg. Annual Appreciation
9.72%
Original Mortgage
$102,850
Outstanding Balance
$38,233
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$319,229

Purchase Details

Closed on
Aug 20, 2014
Sold by
Bakke Joyce C
Bought by
Hsbc Bank Usa Na
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Limited Warranty Deed $131,000 None Available
Sheriffs Deed $174,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,850 New Conventional
Previous Owner $198,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $2,500 0.0% --
04/22/2024 04/22/24 For Rent $2,500 0.0% --
03/09/2015 03/09/15 Sold $136,895 -16.7% $74 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $164,300 -- $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 $4,618 $296,800 $112,100 $184,700
2022 $3,587 $284,000 $106,000 $178,000
2021 $3,360 $251,000 $98,000 $153,000
2020 $3,334 $232,000 $89,000 $143,000
2019 $3,240 $220,000 $91,000 $129,000
2018 $3,295 $209,000 $79,000 $130,000
2017 $2,910 $192,000 $67,000 $125,000
2016 $3,392 $170,000 $62,000 $108,000
2015 $2,853 $163,000 $55,000 $108,000
2014 -- $150,000 $53,000 $97,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Thomas Argo

    Homefield Realty

    (612) 505-3767

    1 Total Sale

    Thomas Argo
    Section Image

  • E

    Seller's Agent in 2015

    Ed DonFrancesco

    REALHome Services

  • L

    Buyer's Agent in 2015

    Lien Tran

    Corrigo Management, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4700510

REALTOR® Association of Southern Minnesota

APN: 35-028-24-14-0069

Minnesota Hennepin County Richfield 55423

7224 18th Ave S, Richfield, MN

This home is located at 7224 18th Ave S, Richfield, MN 55423 and is currently priced at $136,895, approximately $74 per square foot. This property was built in 1959. 7224 18th 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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