7240 Garfield Ave Richfield, MN 55423
Estimated Value: $293,110 - $306,000
2
Beds
1
Bath
816
Sq Ft
$366/Sq Ft
Est. Value
About This Home
This home is located at 7240 Garfield Ave, Richfield, MN 55423 and is currently estimated at $298,778, approximately $366 per square foot. 7240 Garfield Ave is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2015
Sold by
Mcmahon Linda L
Bought by
Riemer Miichael John
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,389
Outstanding Balance
$133,831
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$164,947
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Riemer Miichael John | $175,570 | Home Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Riemer Miichael John | $172,389 |
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 | $3,649 | $270,800 | $126,000 | $144,800 |
| 2023 | $3,716 | $278,900 | $130,500 | $148,400 |
| 2022 | $3,010 | $273,000 | $126,000 | $147,000 |
| 2021 | $2,925 | $226,000 | $101,000 | $125,000 |
| 2020 | $2,768 | $218,000 | $102,000 | $116,000 |
| 2019 | $2,784 | $200,000 | $99,000 | $101,000 |
| 2018 | $2,508 | $197,000 | $98,000 | $99,000 |
| 2017 | $1,878 | $146,000 | $78,000 | $68,000 |
| 2016 | $1,975 | $144,000 | $79,000 | $65,000 |
| 2015 | $1,830 | $137,000 | $72,000 | $65,000 |
| 2014 | -- | $113,000 | $57,000 | $56,000 |
Source: Public Records
Map
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