NOT LISTED FOR SALE

7227 Thomas Ave S Richfield, MN 55423

Estimated Value: $326,000 - $350,000

3 Beds
1 Bath
1,128 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 7227 Thomas Ave S, Richfield, MN 55423 and is currently estimated at $340,819, approximately $302 per square foot. 7227 Thomas Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2017
Sold by
Forver Home Llc
Bought by
Kruger Matthew J
Current Estimated Value
$340,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Outstanding Balance
$185,340
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$155,479

Purchase Details

Closed on
Feb 21, 2017
Sold by
Lehse Barry M
Bought by
Flip Forever Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Kruger Matthew J $235,000 Burnet Title
Flip Forever Homes Llc $146,750 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruger Matthew J $223,250
Source: Public Records

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
2024 $4,542 $325,500 $143,000 $182,500
2023 $4,691 $341,900 $158,000 $183,900
2022 $3,700 $316,000 $138,000 $178,000
2021 $3,513 $269,000 $117,000 $152,000
2020 $3,662 $254,000 $107,000 $147,000
2019 $3,530 $253,000 $108,000 $145,000
2018 $2,652 $240,000 $101,000 $139,000
2017 $2,191 $164,000 $79,000 $85,000
2016 $2,167 $154,000 $80,000 $74,000
2015 $2,001 $146,000 $72,000 $74,000
2014 -- $132,000 $75,000 $57,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7227 Thomas Ave S, Richfield, MN

This home is located at 7227 Thomas Ave S, Richfield, MN 55423 and is currently estimated at $340,819, approximately $302 per square foot. 7227 Thomas Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

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