NOT LISTED FOR SALE

7225 Garfield Ave Richfield, MN 55423

Estimated Value: $373,900 - $417,000

4 Beds
2 Baths
1,806 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $212,900 $118 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,546/month

8 Days on Market

Highlights

  • Formal Dining Room
  • Bathroom on Main Level
  • Partially Fenced Property
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2012

WOW. Move In Ready, completely remodeled from kitchen, bathrooms, floor coverings, fixtures also new roof, furnace and air conditioning. With upper level master bedroom 17X11, upper level 3/4 bathroom with loft area.Take a look inside this Wonderful Home

Last Agent to Sell the Property

Joseph LaManna

Realty Executives Associates Listed on: 05/17/2012

Last Buyer's Agent

Robert Carlstedt

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Formal Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,941

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Fenced Yard - Partial
  • Estimated Number of Acres: 0.14
  • Construction: Previously Owned
  • Foundation Size: 868
  • Projected Closed Date: 06/25/2012
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2941.44
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x11, On Level: Main
  • Room 2: Dining Room, 12x7, On Level: Main
  • Room 3: Family Room, 33x12, On Level: Lower
  • Room 4: Kitchen, 17x9, On Level: Main
  • Room 5: Bedroom, 17x11, On Level: Upper
  • Room 6: Bedroom, 14x10, On Level: Main
  • Room 7: 11x10, On Level: Main
  • Room 8: Bedroom, 13x9, On Level: Upper
  • Room 9: 3 Season Porch, 15x14, On Level: Main
  • Room 10: Loft, 17x7, On Level: Upper
  • Room 11: Deck, 20x14, On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1410
  • Below Grade Finished Sq Ft: 396
  • Total Fin Square Footage: 1806

Exterior Features

  • Exterior: Metal
  • 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: W48X128

Building Info

  • Year Built: 1952

Tax Info

  • Year: 2011
  • Tax Value: 2941

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2016
Sold by
Tareta Laura Mariko
Bought by
Bednar Jody Ladd
Current Estimated Value
$399,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2012
Closed on
Jun 25, 2012
Sold by
Rolling Green Properties Llc
Bought by
Bednar Jody Ladd and Taketa Laura Mariko
Seller's Agent
Joseph LaManna
Realty Executives Associates
Buyer's Agent
Robert Carlstedt
Coldwell Banker Burnet
List Price
$204,900
Sold Price
$212,900
Premium/Discount to List
$8,000
3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$208,160
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2011
Sold by
Martinez Gaudencia T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2003
Sold by
Mcguire Kathryn and Lodwick Philip Andrew
Bought by
Martinez Constantino and Martinez Gaudencia T
Source: Public Records

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
Bednar Jody Ladd -- Burnet Title
Bednar Jody Ladd $212,000 Burnet Title
Federal National Mortgage Association $203,903 --
Martinez Constantino $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bednar Jody Ladd $230,250
Closed Bednar Jody Ladd $225,000
Closed Bednar Jody Ladd $204,000
Previous Owner Bednar Jody Ladd $208,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2012 06/25/12 Sold $212,900 +3.9% $118 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $204,900 +78.2% $113 / Sq Ft
03/23/2012 03/23/12 Sold $115,000 -11.5% $70 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $129,900 -- $79 / 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 $4,606 $338,500 $130,500 $208,000
2022 $3,907 $330,000 $126,000 $204,000
2021 $3,693 $284,000 $101,000 $183,000
2020 $3,636 $267,000 $102,000 $165,000
2019 $3,738 $253,000 $99,000 $154,000
2018 $3,698 $254,000 $98,000 $156,000
2017 $3,059 $218,000 $78,000 $140,000
2016 $3,132 $210,000 $79,000 $131,000
2015 $2,970 $203,000 $72,000 $131,000
2014 -- $175,000 $57,000 $118,000
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4129936

REALTOR® Association of Southern Minnesota

APN: 34-028-24-23-0079