7224 4th Ave S Richfield, MN 55423
Estimated Value: $345,000 - $386,000
3
Beds
2
Baths
1,614
Sq Ft
$225/Sq Ft
Est. Value
About This Home
This home is located at 7224 4th Ave S, Richfield, MN 55423 and is currently estimated at $362,715, approximately $224 per square foot. 7224 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
May 27, 2021
Sold by
Becker Patricia M
Bought by
Fredericks Thomas M
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
$303,335
Outstanding Balance
$275,059
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$87,656
Purchase Details
Closed on
Mar 11, 2011
Sold by
Overgaard Charles A
Bought by
Beker Patricia M
Purchase Details
Closed on
Jan 10, 1997
Sold by
Anderson Amy E
Bought by
Overgaard Charles A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fredericks Thomas M | $319,300 | Dca Title | |
| Beker Patricia M | $165,900 | -- | |
| Overgaard Charles A | $77,368 | -- | |
| Fredericks Thomas Thomas | $319,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fredericks Thomas M | $303,335 | |
| Closed | Overgaard Charles A | -- | |
| Closed | Fredericks Thomas Thomas | $303,335 |
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 | $4,775 | $328,600 | $103,600 | $225,000 |
| 2023 | $4,599 | $335,500 | $110,200 | $225,300 |
| 2022 | $3,382 | $333,000 | $114,000 | $219,000 |
| 2021 | $3,174 | $248,000 | $105,000 | $143,000 |
| 2020 | $3,110 | $232,000 | $98,000 | $134,000 |
| 2019 | $3,032 | $219,000 | $97,000 | $122,000 |
| 2018 | $2,966 | $210,000 | $92,000 | $118,000 |
| 2017 | $2,481 | $181,000 | $76,000 | $105,000 |
| 2016 | $2,403 | $167,000 | $68,000 | $99,000 |
| 2015 | $2,285 | $162,000 | $63,000 | $99,000 |
| 2014 | -- | $139,000 | $54,000 | $85,000 |
Source: Public Records
Map
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