NOT LISTED FOR SALE

7240 3rd Ave S Richfield, MN 55423

Estimated Value: $332,000 - $368,000

3 Beds
2 Baths
1,025 Sq Ft
$345/Sq Ft Est. Value

About This Home

This home is located at 7240 3rd Ave S, Richfield, MN 55423 and is currently estimated at $353,764, approximately $345 per square foot. 7240 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2016
Sold by
Miller Adam H and Miller Allison P
Bought by
Blumke Michael J
Current Estimated Value
$353,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,040
Outstanding Balance
$158,072
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$195,692

Purchase Details

Closed on
May 27, 2011
Sold by
Everwood Company Llc
Bought by
Miller Adam H

Purchase Details

Closed on
Jan 20, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Twin Cities Community Land Bank Llc

Purchase Details

Closed on
Jan 18, 2011
Sold by
Twin Cities Community Land Bank Llc
Bought by
Everwood Company Llc

Purchase Details

Closed on
Apr 28, 2004
Sold by
Mehran Masam M
Bought by
Ghawdnmeh Mohannad

Purchase Details

Closed on
Jan 3, 2002
Sold by
Mehran Masam M
Bought by
Mehran Terese M

Purchase Details

Closed on
Aug 17, 2000
Sold by
Anderson Kathleen H
Bought by
Mehran Masam M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blumke Michael J $243,800 Gibraltar Title Agency Llc
Miller Adam H $174,900 --
Twin Cities Community Land Bank Llc $116,400 --
Everwood Company Llc $116,400 --
Ghawdnmeh Mohannad $230,000 --
Mehran Terese M $187,000 --
Mehran Masam M $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blumke Michael J $195,040
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
2023 $4,310 $316,400 $104,400 $212,000
2022 $3,819 $315,000 $108,000 $207,000
2021 $3,665 $276,000 $99,000 $177,000
2020 $3,639 $263,000 $93,000 $170,000
2019 $3,572 $251,000 $92,000 $159,000
2018 $3,383 $242,000 $87,000 $155,000
2017 $2,762 $198,000 $72,000 $126,000
2016 $2,704 $184,000 $65,000 $119,000
2015 $2,566 $178,000 $59,000 $119,000
2014 -- $152,000 $51,000 $101,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7240 3rd Ave S, Richfield, MN

This home is located at 7240 3rd Ave S, Richfield, MN 55423 and is currently estimated at $353,764, approximately $345 per square foot. 7240 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial 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.

Nearby Homes