NOT LISTED FOR SALE

7228 Garfield Ave Richfield, MN 55423

Estimated Value: $336,000 - $376,000

3 Beds
1 Bath
1,416 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $153,000 $108 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,297/month

18 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Porch
  • Formal Dining Room
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of May 2012

Beautiful 2 story home located in a great neighborhood! Gleaming hardwood floors, crown molding, wood burning fireplace, nice upper level porch! Very charming! Close to restaurants, shopping, bus line & highway. A MUST SEE!

Last Agent to Sell the Property

Blanca Hansen

Keller Williams Premier Realty Listed on: 02/05/2012

Last Buyer's Agent

Patricia Pappas

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,149

Year Built

  • 1927

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 127
  • Few Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,149

Year Built

1927

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foundation Size: 684
  • Projected Closed Date: 05/30/2012
  • Stories: 2 Story
  • Taxes With Assessments: 2552.16
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 11x23, On Level: Main
  • Room 2: Dining Room, 11x12, On Level: Main
  • Room 4: Kitchen, 8x12, On Level: Main
  • Room 5: Bedroom, 10x11, On Level: Upper
  • Room 6: Bedroom, 10x10, On Level: Upper
  • Room 7: 10x8, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1260
  • Below Grade Finished Sq Ft: 156
  • Total Fin Square Footage: 1416

Exterior Features

  • Frontage Road: City
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 50 X 127
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2012
Closed on
May 30, 2012
Sold by
Germscheid Mark S
Bought by
Groen Benjamin W and Groen Anna Marie
Seller's Agent
Blanca Hansen
Keller Williams Premier Realty
Buyer's Agent
Patricia Pappas
Coldwell Banker Burnet
List Price
$164,900
Sold Price
$153,000
Premium/Discount to List
-$11,900
-7.22%
Current Estimated Value
$360,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,876
Avg. Annual Appreciation
6.77%
Original Mortgage
$148,410
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Jaenke Jennifer D and Jaenke Jason J
Bought by
Germscheid Mark S

Purchase Details

Closed on
Mar 14, 2002
Sold by
Anderson Mark A and Hiller Sandra K
Bought by
Germscheld Mark S and Germscheld Jennifer D

Purchase Details

Closed on
Mar 27, 1998
Sold by
Marlow Mark and Marlow Diane M
Bought by
Anderson Mark A and Hiller Sandra K
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
Groen Benjamin W $153,000 Burnet Title
Germscheid Mark S -- Burnet Title
Germscheld Mark S $188,900 --
Anderson Mark A $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groen Benjamin W $35,000
Open Groen Benjamin W $225,000
Closed Groen Benjamin W $40,000
Closed Groen Benjamin W $25,000
Closed Groen Benjamin W $148,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $153,000 -7.2% $108 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
02/05/2012 02/05/12 For Sale $164,900 -- $116 / 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 $4,149 $307,900 $130,500 $177,400
2022 $3,350 $299,000 $126,000 $173,000
2021 $3,144 $248,000 $101,000 $147,000
2020 $3,177 $232,000 $102,000 $130,000
2019 $3,186 $225,000 $99,000 $126,000
2018 $3,061 $221,000 $98,000 $123,000
2017 $2,648 $193,000 $78,000 $115,000
2016 $2,711 $186,000 $79,000 $107,000
2015 $2,556 $179,000 $72,000 $107,000
2014 -- $156,000 $57,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Blanca Hansen

    Keller Williams Premier Realty

  • P

    Buyer's Agent in 2012

    Patricia Pappas

    Coldwell Banker Burnet

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4102829

REALTOR® Association of Southern Minnesota

APN: 34-028-24-23-0093

Minnesota Hennepin County Richfield 55423

7228 Garfield Ave, Richfield, MN

This home is located at 7228 Garfield Ave, Richfield, MN 55423 since 05 February 2012 and is currently estimated at $360,876, approximately $254 per square foot. This property was built in 1927. 7228 Garfield Ave is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Partnership Academy Inc..

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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