NOT LISTED FOR SALE

7244 4th Ave S Richfield, MN 55423

Estimated Value: $324,000 - $367,466

3 Beds
2 Baths
1,712 Sq Ft
$205/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $340,000 $199 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,167/month

7 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • 1-Story Property
  • No HOA
  • Storage Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Welcome to your opportunity to own this delightful home, perfect for those ready to transition from renting to owning. Step into the light-filled front living room, setting the stage for comfortable living. This charming home features 3 bedrooms on one level, along with a main floor bathroom. The adorable eat-in galley kitchen is a highlight, complete with a pocket door that separates it from the main living space. The basement offers great livable ceiling height and ample room to play with, along with a functional lower level bathroom and great storage options. Outside has great backdoor to the fenced-in yard and the rare 2.5 stall sized garage and private driveway offer both convenience and space. This Richfield resale opportunity is not to be missed – seize the chance to make this your new home and investment. Richfield resale certificate has been completed.

Last Agent to Sell the Property

Tricia Jo Leanger

Compass Listed on: 11/27/2023

Compass

Last Buyer's Agent

Tara Walker

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x134
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3402824140112

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,459

Year Built

Built in 1955

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: 1955
  • Above Grade Finished Sq Ft: 902
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1712
  • Below Grade Finished Sq Ft: 810
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Storage, Laundry, Garage

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 460

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Patio,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x134
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Metal Siding, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402824140112
  • Tax Annual Amount: 3459
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 12, 2024
Sold by
Auer Rachel and Auer Kiel
Bought by
Dow Garrett and Spencer Celina
Seller's Agent
Tricia Jo Leanger
Compass
Buyer's Agent
Tara Walker
Keller Williams Premier Realty
List Price
$338,000
Sold Price
$340,000
Premium/Discount to List
$2,000
0.59%
Views
102
Current Estimated Value
$351,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,367
Avg. Annual Appreciation
1.92%
Original Mortgage
$323,000
Outstanding Balance
$317,630
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$33,737

Purchase Details

Listed on
Jul 17, 2013
Closed on
Nov 1, 2013
Sold by
Hanson Michael L and Hanson Heidi M Bornhuse
Bought by
Simon Rachel S
Seller's Agent
Steve Pemberton
Coldwell Banker Burnet
Buyer's Agent
Melissa Clawson
Edina Realty, Inc.
List Price
$209,000
Sold Price
$176,500
Premium/Discount to List
-$32,500
-15.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$176,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1998
Sold by
Kuma Michael K and Kuma Jeanne S
Bought by
Hanson Michael L and Bornhouse Heidi M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Dow Garrett $340,000 --
Simon Rachel S $176,500 Burnet Title
Hanson Michael L $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dow Garrett $323,000
Previous Owner Simon Rachel S $176,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $340,000 +0.6% $199 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $338,000 +91.5% $197 / Sq Ft
11/01/2013 11/01/13 Sold $176,500 -15.6% $104 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $209,000 -- $123 / 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 $3,644 $268,700 $103,600 $165,100
2023 $3,680 $274,500 $110,200 $164,300
2022 $3,288 $271,000 $114,000 $157,000
2021 $3,096 $242,000 $105,000 $137,000
2020 $3,076 $227,000 $98,000 $129,000
2019 $3,049 $217,000 $97,000 $120,000
2018 $2,985 $211,000 $92,000 $119,000
2017 $2,513 $183,000 $76,000 $107,000
2016 $2,368 $165,000 $68,000 $97,000
2015 $2,163 $155,000 $63,000 $92,000
2014 -- $136,000 $54,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6463384

NorthstarMLS

APN: 34-028-24-14-0112