NOT LISTED FOR SALE

7237 2nd Ave S Richfield, MN 55423

Estimated Value: $324,534 - $360,000

3 Beds
2 Baths
1,678 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $349,000 $208 Per Sq Ft

Current estimated payment $2,119/month

21 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • Living Room
  • Family Room

About This Home

As of October 2024

Welcome to your Richfield cottage! The living room features a coved ceiling, fresh paint, newer carpeting, and built-in bookcases. The eat-in kitchen offers solid surface counters and luxury vinyl plank flooring. The main bedroom boasts windows on three walls and fresh paint. The bathroom has beadboard trim and a jetted tub. The second bedroom currently functions as an office. The upstairs bedroom boasts brand new carpeting. The basement features a newly redone bathroom, family room with built-in bookcase, workshop with cedar closet, laundry room with newer washer, plus storage galore. The furnace, air conditioner, and water heater were replaced in 2020. Outside you’ll find heated gutters, a newer roof (2020,) a fully fenced in yard, and aggregate stone patio. The property boasts well designed landscaping including a variety of perennials and a magnificent white pine. There is a detached 2+ garage with workspace and extra attic storage, plus a large shed. Fabulous location in a quiet neighborhood.

Last Agent to Sell the Property

Steven Schneeberger

Keller Williams Realty Integrity Listed on: 09/12/2024

Keller Williams Realty Integrity

Last Buyer's Agent

Travis Wyman

Pemberton RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x127.51
  • Property is Fully Fenced
  • Wood Fence
  • Many Trees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3402824130151

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,574

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1323
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Living Area: 1678
  • Below Grade Finished Sq Ft: 355
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Full, Wood
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Patio

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50X127.51
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3402824130151
  • Tax Annual Amount: 3574
  • TaxWithAssessments: 3574.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 11, 2024
Sold by
Schmidt Martha
Bought by
Morris Brayden
Seller's Agent
Steven Schneeberger
Keller Williams Realty Integrity
Buyer's Agent
Travis Wyman
Pemberton RE
List Price
$340,000
Sold Price
$349,000
Premium/Discount to List
$9,000
2.65%
Views
48
Current Estimated Value
$348,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$366
Avg. Annual Appreciation
-0.08%
Original Mortgage
$349,000
Outstanding Balance
$344,293
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$4,341

Purchase Details

Closed on
Nov 30, 2012
Sold by
Hess Jeffrey Allen
Bought by
Schmidt Martha Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1998
Sold by
Bergstrom Mark W and Bergstrom Sunny L
Bought by
Hess Jeffrey A and Schmidt Martha Helen
Source: Public Records
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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
Morris Brayden $349,000 --
Schmidt Martha Helen -- Watermark Title Agency
Hess Jeffrey A $129,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Brayden $349,000
Previous Owner Schmidt Martha Helen $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $349,000 +2.6% $208 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $340,000 -- $203 / Sq Ft
Source: NorthstarMLS

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 $3,547 $262,500 $98,100 $164,400
2023 $3,574 $267,500 $104,400 $163,100
2022 $3,242 $269,000 $108,000 $161,000
2021 $3,048 $239,000 $99,000 $140,000
2020 $3,158 $224,000 $93,000 $131,000
2019 $3,064 $222,000 $92,000 $130,000
2018 $2,985 $212,000 $87,000 $125,000
2017 $2,464 $180,000 $72,000 $108,000
2016 $2,368 $165,000 $65,000 $100,000
2015 $2,234 $159,000 $59,000 $100,000
2014 -- $134,000 $51,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6547275

NorthstarMLS

APN: 34-028-24-13-0151