NOT LISTED FOR SALE

7226 Penn Ave S Richfield, MN 55423

Estimated Value: $252,000 - $319,533

3 Beds
1 Bath
920 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $250,000 $272 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,894/month

5 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Porch

About This Home

As of August 2023

Welcome to this California Rambler conveniently located close to Southdale shopping area, restaurants and public transportation. A mature hedge-row will greet you as you pull in giving you extra privacy. This well-maintained 3 bedroom 1 bath home has hardwood floors underneath all of the carpeted areas, a delightful 3-season porch off of the kitchen and a spacious fenced-in back yard with a shed to store yard equipment. The detached garage is freshly re-sided with maintenance-free vinyl siding. Home is ready for its next owners to come in and make it their own!

Last Agent to Sell the Property

Lisa Dunn

RE/MAX Results Listed on: 07/12/2023

RE/MAX Results

Last Buyer's Agent

Annadee Aanden

Keller Williams Realty Integrity Lakes

Keller Williams Realty Integrity Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 1946

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75x116
  • Wire Fence

Parking

  • 1 Car Garage

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Home Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3202824140010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,719

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1946
  • Above Grade Finished Sq Ft: 920
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 920
  • Fireplace: No
  • Basement YN: No
  • SqFtTotal: 920.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Chain Link, Wire
  • Other Structures: Storage Shed
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 280

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Main Floor Primary Bedroom,Porch,Washer/Dryer Hookup

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x116
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks)
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3202824140010
  • Tax Annual Amount: 2719
  • TaxWithAssessments: 2719.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 22, 2023
Sold by
Hokenson Annie M
Bought by
Adkins David and Adkins Laurie
Seller's Agent
Lisa Dunn
RE/MAX Results
Buyer's Agent
Annadee Aanden
Keller Williams Realty Integrity Lakes
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Total Days on Market
5
Views
41
Current Estimated Value
$286,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,383
Avg. Annual Appreciation
7.89%
Original Mortgage
$125,000
Outstanding Balance
$122,701
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$163,682

Purchase Details

Closed on
Jan 5, 2023
Sold by
Hokenson Annie M
Bought by
Hokenson Annie M and Mathias Elizabeth A
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
Adkins David $250,000 Results Title
Hokenson Annie M -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins David $41,664
Open Adkins David $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $250,000 0.0% $272 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $250,000 -5.7% $272 / Sq Ft
07/12/2023 07/12/23 For Sale $265,000 -- $288 / Sq Ft
Source: NorthstarMLS

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 $3,449 $259,400 $150,100 $109,300
2022 $2,719 $243,000 $131,000 $112,000
2021 $2,614 $206,000 $111,000 $95,000
2020 $2,772 $197,000 $102,000 $95,000
2019 $2,535 $199,000 $103,000 $96,000
2018 $2,273 $181,000 $96,000 $85,000
2017 $1,977 $151,000 $75,000 $76,000
2016 $1,990 $144,000 $76,000 $68,000
2015 $1,827 $136,000 $68,000 $68,000
2014 -- $130,000 $71,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6387097

NorthstarMLS

APN: 32-028-24-14-0010