NOT LISTED FOR SALE

7233 Thomas Ave S Richfield, MN 55423

Estimated Value: $461,000 - $618,264

0.23 Acre
$2,400,287 Price per Acre
10,019 Sq Ft Lot

Last Sold April 12, 2013

Last sale price $51,000 $45 Per Sq Ft

Est. 982% increase in value since last sale

Current estimated payment $3,564/month

26 Days on Market

Highlights

  • Agricultural
  • Level Lot
  • 4-minute walk to Adams Hill Park

About This Lot

As of April 2013

VACANT LOT READY FOR A NEW HOME! EXCELLENT LOCATION, CLOSE TO SOUTHDALE AND ON A LARGE LOT. PREVIOUS HOME WAS TORN DOWN. SOLD AS-IS. No offers considered until 8th day on market.

Last Agent to Sell the Property

Micah Tweten

Edina Realty, Inc. Listed on: 02/27/2013

Last Buyer's Agent

Terri Spruck

Coldwell Banker Burnet

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Finished Lot(s)

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 3202824140064

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 3202824140064
  • Estimated Number of Acres: 0.23
  • Development Status: Finished Lot
  • Land Improvements: Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2013
Closed on
Apr 8, 2013
Sold by
Wells Fargo Bank Na
Bought by
Perventseva Elena
Seller's Agent
Micah Tweten
Edina Realty, Inc.
Buyer's Agent
Terri Spruck
Coldwell Banker Burnet
List Price
$40,000
Sold Price
$51,000
Premium/Discount to List
$11,000
27.5%
Current Estimated Value
$552,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,066
Avg. Annual Appreciation
20.47%

Purchase Details

Closed on
Apr 2, 2012
Sold by
Selim Ali A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 30, 2012
Sold by
Selim Ali A and Elesawy Amal A
Bought by
Wachovia Mortgage Corporation

Purchase Details

Closed on
May 17, 1999
Sold by
Olsen Arthur W and Olsen Juanita J
Bought by
Selim Ali A and Elesawy Amai

Purchase Details

Closed on
Mar 30, 1988
Sold by
American Housing Trust Ii
Bought by
Olsen Arthur W and Olsen Juanita J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perventseva Elena $49,500 Land Title Inc
Wells Fargo Bank Na $110,694 --
Wachovia Mortgage Corporation $110,694 None Available
Selim Ali A $116,900 --
Olsen Arthur W $68,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $51,000 +27.5% $45 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $40,000 -- $35 / 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
2024 $8,366 $558,700 $143,000 $415,700
2023 $8,290 $577,200 $158,000 $419,200
2022 $6,475 $523,000 $138,000 $385,000
2021 $6,242 $450,000 $117,000 $333,000
2020 $6,381 $428,000 $107,000 $321,000
2019 $6,247 $418,000 $108,000 $310,000
2018 $5,914 $401,000 $101,000 $300,000
2017 $5,317 $353,000 $79,000 $274,000
2016 $4,078 $250,000 $80,000 $170,000
2015 $1,563 $97,000 $72,000 $25,000
2014 -- $76,000 $75,000 $1,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Micah Tweten

    Edina Realty, Inc.

  • T

    Buyer's Agent in 2013

    Terri Spruck

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4448057

REALTOR® Association of Southern Minnesota

APN: 32-028-24-14-0064

Minnesota Hennepin County Richfield 55423

7233 Thomas Ave S, Richfield, MN

Not Listed for Sale

Lots

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