NOT LISTED FOR SALE

7245 Garfield Ave Richfield, MN 55423

Estimated Value: $375,000 - $386,000

3 Beds
2 Baths
1,766 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 29, 2013

Last sale price $227,500 $129 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,483/month

24 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Porch

About This Home

As of November 2013

Charming home on corner lot. Updated kitchen, Enjoy coffee or reading in the cozy three season porch. Two br main with full bath and huge upper with fantastic head room. Fully finished lower with egress window. Lots of storage and space. welcome home!

Last Agent to Sell the Property

Michael Kaslow

Edina Realty, Inc. Listed on: 10/07/2013

Last Buyer's Agent

Kimberley Poe

Oak Hill Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,601

Year Built

  • 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Fenced Yard
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 3402824230074

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,601

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Full, Patio, Porch
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foundation Size: 1040
  • Parcel Number: 3402824230074
  • Projected Closed Date: 11/27/2013
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2498.36
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15x15, On Level: Main
  • Room 3: Family Room, 24x13, On Level: Lower
  • Room 4: Kitchen, 18x10, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 20x12, On Level: Upper
  • Room 9: 3 Season Porch, 12x12
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1366
  • Below Grade Finished Sq Ft: 400
  • Total Fin Square Footage: 1766

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl, 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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 50x128
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Powers Katherine and Powers Robert
Bought by
Assmrew Hilina
Current Estimated Value
$383,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Outstanding Balance
$251,645
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,913

Purchase Details

Listed on
Oct 7, 2013
Closed on
Nov 27, 2013
Sold by
Rykken Cynthia K
Bought by
Weldon Katherine R
Seller's Agent
Michael Kaslow
Edina Realty, Inc.
Buyer's Agent
Kimberley Poe
Oak Hill Realty
List Price
$229,000
Sold Price
$227,500
Premium/Discount to List
-$1,500
-0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$216,125
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2011
Sold by
Rykken Geoffrey C
Bought by
Rykken Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.56%
Mortgage Type
New Conventional
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
Assmrew Hilina $310,000 Esquire Title Services Llc
Weldon Katherine R $227,500 Alliance Title Llc
Rykken Cynthia R -- Entitle Inc
Assmrew Hilina Hilina $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assmrew Hilina $279,000
Previous Owner Weldon Katherine R $216,125
Previous Owner Rykken Cynthia R $130,000
Closed Assmrew Hilina Hilina $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2013 11/29/13 Sold $227,500 -0.7% $129 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $229,000 -- $130 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,601 $332,200 $130,500 $201,700
2022 $3,675 $323,000 $126,000 $197,000
2021 $3,645 $269,000 $101,000 $168,000
2020 $3,604 $264,000 $102,000 $162,000
2019 $3,621 $251,000 $99,000 $152,000
2018 $3,331 $247,000 $98,000 $149,000
2017 $2,796 $202,000 $78,000 $124,000
2016 $2,886 $196,000 $79,000 $117,000
2015 $2,504 $176,000 $72,000 $104,000
2014 -- $145,000 $57,000 $88,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4547291

REALTOR® Association of Southern Minnesota

APN: 34-028-24-23-0074