NOT LISTED FOR SALE

7245 Park Ave Richfield, MN 55423

Estimated Value: $382,000 - $420,000

3 Beds
1 Bath
1,920 Sq Ft
$213/Sq Ft Est. Value

About This Home

This home is located at 7245 Park Ave, Richfield, MN 55423 and is currently estimated at $408,235, approximately $212 per square foot. 7245 Park Ave is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Murphy Holly M and Murphy James O
Bought by
Karels Michael
Current Estimated Value
$408,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,600
Outstanding Balance
$288,453
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$97,322

Purchase Details

Closed on
Sep 21, 2015
Sold by
Murphy Holly M and Murphy James O
Bought by
Murphy Holly M and Murphy James O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
John E Browne Revocable Trust
Bought by
Kenall Holly M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Karels Michael $353,823 Burnet Title
Karels Michael $354,000 Burnet Title
Murphy Holly M -- Burnet Title
Kenall Holly M $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karels Michael $318,600
Closed Karels Michael $318,600
Previous Owner Murphy Holly M $177,000
Previous Owner Kenall Holly M $195,617
Source: Public Records

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 $5,076 $367,200 $113,100 $254,100
2022 $4,537 $353,000 $109,000 $244,000
2021 $3,919 $322,000 $111,000 $211,000
2020 $4,151 $279,000 $96,000 $183,000
2019 $3,944 $282,000 $99,000 $183,000
2018 $3,635 $264,000 $87,000 $177,000
2017 $2,646 $191,000 $66,000 $125,000
2016 $2,616 $179,000 $67,000 $112,000
2015 $2,478 $173,000 $61,000 $112,000
2014 -- $160,000 $61,000 $99,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7245 Park Ave, Richfield, MN

This home is located at 7245 Park Ave, Richfield, MN 55423 and is currently estimated at $408,235, approximately $212 per square foot. 7245 Park Ave is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.

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