NOT LISTED FOR SALE

7235 3rd Ave S Richfield, MN 55423

Estimated Value: $352,154 - $371,000

4 Beds
2 Baths
1,842 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $165,000 $90 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,399/month

17 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of June 2012

This home is located at 7235 3rd Ave S, Richfield, MN 55423 since 14 May 2012 and is currently estimated at $361,789, approximately $196 per square foot. This property was built in 1954. 7235 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Last Agent to Sell the Property

Erik Winegarden

National Realty Guild Listed on: 05/14/2012

Co-Listed By

Gregory Winegarden

National Realty Guild

Last Buyer's Agent

Gregory Winegarden

National Realty Guild

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,421

Year Built

  • 1954

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60 x 135
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Open Floorplan

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,421

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Foundation Size: 921
  • Projected Closed Date: 06/29/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2403.02
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x12, On Level: Main
  • Room 2: Dining Room, 10x10, On Level: Main
  • Room 3: Family Room, 15x12, On Level: Lower
  • Room 4: Kitchen, 12x06, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 10x10, On Level: Main
  • Room 7: 10x10, On Level: Main
  • Room 8: Bedroom, 10x10, On Level: Lower
  • Room 9: Patio, 18x10, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 921
  • Below Grade Finished Sq Ft: 921
  • Total Fin Square Footage: 1842

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Metal, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 60 x 135
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2012
Closed on
Jun 29, 2012
Sold by
Noble Home Solutions Inc
Bought by
Foss Nathan and Foss Angela
Seller's Agent
Erik Winegarden
National Realty Guild
Buyer's Agent
Gregory Winegarden
National Realty Guild
List Price
$16,490,000
Sold Price
$165,000
Premium/Discount to List
-$16,325,000
-99%
Total Days on Market
17
Current Estimated Value
$361,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,789
Avg. Annual Appreciation
6.26%
Original Mortgage
$156,750
Outstanding Balance
$109,973
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$251,816

Purchase Details

Closed on
Mar 1, 2012
Sold by
Linares Alejandro Cuate and Quintero Celia Vergara
Bought by
Noble Home Solutions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.01%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 26, 2007
Sold by
Cuate Zuniga Joaquin and Linares Reyna
Bought by
Cuate Linares Alejandro and Cuate Linares Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,550
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 25, 2003
Sold by
Espersen Christina
Bought by
Cuate Zuniga Joaquin

Purchase Details

Closed on
Sep 17, 2001
Sold by
Modert Sylvan H and Modert Gail C
Bought by
Espersen Christina 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
Foss Nathan $165,000 Cities Title Services
Noble Home Solutions Inc $78,000 Cities Title Services Llc
Cuate Linares Alejandro $215,000 --
Cuate Zuniga Joaquin $188,000 --
Espersen Christina A $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Foss Nathan $50,000
Open Foss Nathan $156,750
Previous Owner Noble Home Solutions Inc $100,000
Previous Owner Linares Alejandro Cuate $208,550
Previous Owner Cuate Zuniga Joaquin $39,600
Previous Owner Cuate Zuniga Joaquin $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $165,000 -99.0% $90 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $16,490,000 -- $8,952 / 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 $4,421 $323,700 $110,200 $213,500
2022 $3,819 $317,000 $114,000 $203,000
2021 $3,681 $276,000 $105,000 $171,000
2020 $3,738 $264,000 $98,000 $166,000
2019 $3,572 $257,000 $97,000 $160,000
2018 $3,328 $242,000 $92,000 $150,000
2017 $2,796 $200,000 $76,000 $124,000
2016 $2,652 $181,000 $68,000 $113,000
2015 $2,530 $176,000 $63,000 $113,000
2014 -- $148,000 $54,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4128960

REALTOR® Association of Southern Minnesota

APN: 34-028-24-14-0133