NOT LISTED FOR SALE

7227 Morgan Ave S Richfield, MN 55423

Richfield Area

Estimated Value: $645,129

3 Beds
3 Baths
3,194 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2024

Last sale price $650,000 $204 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,420 / mo

1 Day on Market

Highlights

  • Fireplace in Primary Bedroom
  • Sun or Florida Room
  • Home Gym
  • Radiant Floor
  • No HOA
  • Double Oven

About This Home

As of June 2024

Welcome to this immaculately maintained, one of a kind home in a convenient and desirable Richfield location! The incredible addition on this home (done in 2004) features a beautiful owner's suite with vaulted ceilings, a gas fireplace, jacuzzi tub, en-suite bathroom with a walk-in shower, large walk-in closet, and even a connected office space. Furthermore, the addition includes a sunroom with French doors leading out to the maintenance-free deck, a grand staircase, and a tremendous multi-functional room in the lower level with professionally installed gymnasium hardwood heated floors. The stunning custom kitchen (remodeled, 2010) boasts Corian countertops and tile backsplash, a large center island with a farm sink, hickory hardwood floors, Alderwood cabinets with ample space, a double oven, and under the cabinet lighting. The superb garage and workshop is equipped with epoxy coated, in-floor heating and additional attic storage. Roof replaced in 2020. Schedule your tour today!

Last Agent to Sell the Property

Joseph Cameron

Real Broker, LLC Listed on: 05/18/2024

Real Broker, LLC

Last Buyer's Agent

Matt Engen

RE/MAX Results

RE/MAX Results
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,248

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x133

Parking

  • 2 Car Attached Garage
  • Heated Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Utility Room
  • Home Gym
  • Radiant Floor

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Forest Lawn 5Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302824230026

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,248

Year Built

Built in 1948

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 1763
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Storage Space
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room, Primary Bedroom
  • Living Area: 3194
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1431
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Primary Bathroom, Walk In Closet, Bedroom 2, Bedroom 3, Sun Room, Bathroom, Family Room, Utility Room, Laundry, Exercise Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Other Structures: Workshop, Storage Shed
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Skylight,Sun Room

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x133
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3302824230026
  • Tax Annual Amount: 7248
  • TaxWithAssessments: 7248.0000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jun 18, 2024
Sold by
Bought by
Seller's Agent
Joseph Cameron
Real Broker, LLC
Buyer's Agent
Matt Engen
RE/MAX Results
List Price
$575,000
Sold Price
$650,000
Premium/Discount to List
$75,000
13.04%
Views
14
Current Estimated Value
$645,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,871
Avg. Annual Appreciation
-0.35%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 --
$650,000 Title Group
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $316,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $650,000 +13.0% $204 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $575,000 -- $180 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,524 $670,900 $195,000 $475,900
2024 $7,449 $511,200 $154,000 $357,200
2023 $7,248 $519,100 $155,000 $364,100
2022 $6,074 $504,000 $155,000 $349,000
2021 $5,698 $425,000 $125,000 $300,000
2020 $5,651 $395,000 $117,000 $278,000
2019 $5,597 $376,000 $106,000 $270,000
2018 $5,335 $365,000 $97,000 $268,000
2017 $4,798 $324,000 $94,000 $230,000
2016 $4,566 $292,000 $85,000 $207,000
2015 $4,577 $296,000 $89,000 $207,000
2014 -- $268,000 $84,000 $184,000
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6533458

NorthstarMLS

APN: 33-028-24-23-0026

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