7241 Grand Ave S Richfield, MN 55423
Estimated Value: $358,000 - $415,000
4
Beds
2
Baths
1,361
Sq Ft
$278/Sq Ft
Est. Value
About This Home
This home is located at 7241 Grand Ave S, Richfield, MN 55423 and is currently estimated at $378,641, approximately $278 per square foot. 7241 Grand Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Partnership Academy Inc..
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2017
Sold by
Nnolim Chukwuma E and Nnolim Chioma
Bought by
Gill Jonthan and Gill Brenda
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
$220,190
Outstanding Balance
$189,207
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$181,341
Purchase Details
Closed on
Nov 26, 1999
Sold by
Krantz Michael A and Krantz Nancy L
Bought by
Nnolim Chukwuma E
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gill Jonthan | $227,000 | Midland Title | |
Nnolim Chukwuma E | $144,200 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gill Jonthan | $220,190 | |
Previous Owner | Nnolim Chukwuma | $188,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,469 | $329,300 | $130,500 | $198,800 |
2022 | $3,721 | $323,000 | $126,000 | $197,000 |
2021 | $3,489 | $272,000 | $101,000 | $171,000 |
2020 | $3,554 | $254,000 | $102,000 | $152,000 |
2019 | $3,876 | $248,000 | $99,000 | $149,000 |
2018 | $3,473 | $243,000 | $98,000 | $145,000 |
2017 | $3,213 | $212,000 | $78,000 | $134,000 |
2016 | $3,221 | $199,000 | $79,000 | $120,000 |
2015 | $3,068 | $192,000 | $72,000 | $120,000 |
2014 | -- | $163,000 | $57,000 | $106,000 |
Source: Public Records
Map
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