NOT LISTED FOR SALE

7244 Penn Ave S Richfield, MN 55423

Richfield Area

Estimated Value: $244,000 - $341,000

2 Beds
1 Bath
1,040 Sq Ft
$282/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2014

Last sale price $122,000 $117 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,908 / mo

172 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 2 Car Detached Garage
  • Property is near public transit
  • Formal Dining Room
  • Wheelchair Access

About This Home

As of March 2014

Spacious one level home has terrific value & in great condition! 2 BR, 1 fplc, 2 Car Gar! Family room, formal dining, large deck, corner lot! Awesome location and access to shopping, parks and bus line.

Last Agent to Sell the Property

Nancy Walker

Coldwell Banker Burnet Listed on: 08/29/2013

Coldwell Banker Burnet

Last Buyer's Agent

Jennifer Kotas

Keller Williams Integrity Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1946

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75x116
  • Corner Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Additional Features

  • Wheelchair Access
  • Deck
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3202824140013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 1946

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Ada Features: Partially Wheelchair
  • Amenities: Ceiling Fans, Garage Door Opener, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.2
  • Construction: Previously Owned
  • Foundation Size: 1040
  • Parcel Number: 3202824140013
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x14, On Level: Main
  • Room 2: Dining Room, 13x10, On Level: Main
  • Room 3: Family Room, 14x10, On Level: Main
  • Room 4: Kitchen, 13x8, On Level: Main
  • Room 5: Bedroom, 11x9, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 9: Deck, 43x16, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 1040
  • Total Fin Square Footage: 1040

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 75x116
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1946

Tax Info

  • Year: 2013
  • Tax Value: 2101

MLS Schools

  • School District: Richfield #280

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2013
Closed on
Mar 21, 2014
Sold by
Bought by
Seller's Agent
Nancy Walker
Coldwell Banker Burnet
Buyer's Agent
Jennifer Kotas
Keller Williams Integrity Realty
List Price
$148,900
Sold Price
$122,000
Premium/Discount to List
-$26,900
-18.07%
Current Estimated Value
$293,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,554
Avg. Annual Appreciation
7.34%
Original Mortgage
$119,790
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Richfield, MN

  • Jeff Vanderlinde Real Estate Agent - Vanderlinde Group | Edge Realty, Inc.

    Jeff Vanderlinde

    Responds Quickly

    Vanderlinde Group | Edge Realty, Inc.

    (612) 448-3557

    465 Total Sales

    1 in Richfield

    $290,000 Price

    Jeff Vanderlinde
     Section Image
  • Christopher Broz Real Estate Agent - REMAX Results

    Christopher Broz

    REMAX Results

    (612) 235-6814

    133 Total Sales

    1 in Richfield

    $352,000 Price

    Christopher Broz
     Section Image
  • Steve Casalenda Real Estate Agent - RE/MAX Results

    Steve Casalenda

    Responds Quickly

    RE/MAX Results

    (612) 441-3215

    154 Total Sales

    3 in Richfield

    $286K - $333K Price Range

    Steve Casalenda
     Section Image
  • Marzena Melby Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Marzena Melby

    Responds Quickly

    Coldwell Banker Realty - Southwest Regional

    (612) 482-4776

    66 Total Sales

    13 in Richfield

    $100K - $586K Price Range

    Marzena Melby
     Section Image
  • Rowdheer Kapidi Real Estate Agent - Bridge Realty, LLC

    Rowdheer Kapidi

    Responds Quickly

    Bridge Realty, LLC

    (612) 445-3582

    307 Total Sales

    1 in Richfield

    $340,000 Price

    Rowdheer Kapidi
     Section Image
  • Ryan Platzke Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Ryan Platzke

    Coldwell Banker Realty - Southwest Regional

    (651) 615-9289

    862 Total Sales

    9 in Richfield

    $84K - $411K Price Range

    Ryan Platzke
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$122,000 Burnet Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $104,300
Closed $105,644
Closed $119,790
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $122,000 -18.1% $117 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $148,900 -- $143 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,490 $254,000 $122,600 $131,400
2024 $3,590 $265,200 $135,900 $129,300
2023 $3,735 $278,400 $150,100 $128,300
2022 $2,843 $252,000 $131,000 $121,000
2021 $2,772 $214,000 $111,000 $103,000
2020 $2,937 $207,000 $102,000 $105,000
2019 $2,787 $209,000 $103,000 $106,000
2018 $2,472 $196,000 $96,000 $100,000
2017 $2,075 $157,000 $75,000 $82,000
2016 $2,079 $149,000 $76,000 $73,000
2015 $2,123 $153,000 $68,000 $85,000
2014 -- $146,000 $71,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Walker

    Coldwell Banker Burnet

    Section Image

  • J

    Buyer's Agent in 2014

    Jennifer Kotas

    Keller Williams Integrity Realty

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4528446

REALTOR® Association of Southern Minnesota

APN: 32-028-24-14-0013

Minnesota Hennepin County Richfield 55423

7244 Penn Ave S, Richfield, MN

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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