NOT LISTED FOR SALE

7245 Thomas Ave S Richfield, MN 55423

Estimated Value: $330,000 - $358,783

3 Beds
1 Bath
1,518 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2023

Last sale price $320,000 $211 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,245 / mo

40 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Living Room
  • Corner Lot
  • Home Office
  • 4-minute walk to Adams Hill Park

About This Home

As of July 2023

Nice corner lot home with new roof & warranty, New E glass front windows, Vinyl privacy fence, New siding on garage, Cedar siding on house, Gas fireplace with marble front & oak mantle, Built in book shelves floor to ceiling, Garage heated & air conditioned, Composting toilet in garage, New Electrolux washer & dryer, Newer dishwasher, Newer Kenmore stove/oven, Master Guard Safety Solutions smoke detectors -- 3.5 car garage has upper storage and great work space within & 220 service -11 min to airport -- Home is turn key and enjoy -

Last Agent to Sell the Property

Jeff Frovarp

411 Realty, Inc. Listed on: 05/12/2023

Last Buyer's Agent

Abraham Sanchez

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x134
  • Property is Fully Fenced
  • Privacy Fence
  • Corner Lot
  • Many Trees

Parking

  • 3 Car Garage
  • Heated Garage
  • Insulated Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Home Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3202824140062

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,809

Year Built

Built in 1948

Lot Details

10,019 Sq Ft Lot

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 1518
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Water Osmosis System, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 1518
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Family Room, Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Office

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Full, Privacy
  • ConstructionMaterialsDesc: Block,Concrete

Garage/Parking

  • Parking Features: Detached, Driveway - Other Surface, Floor Drain, Heated Garage, Insulated Garage, Other

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x134
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3202824140062
  • Tax Annual Amount: 3809
  • TaxWithAssessments: 3809.0000

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
May 12, 2023
Closed on
Jul 19, 2023
Sold by
Bought by
Seller's Agent
Jeff Frovarp
411 Realty, Inc.
Buyer's Agent
Abraham Sanchez
eXp Realty
List Price
$360,000
Sold Price
$320,000
Premium/Discount to List
-$40,000
-11.11%
Views
121
Current Estimated Value
$344,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,696
Avg. Annual Appreciation
2.57%
Original Mortgage
$320,000
Outstanding Balance
$309,298
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$35,398
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$320,000 --
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 $320,000
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
07/19/2023 07/19/23 Sold $320,000 -5.9% $211 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $340,000 -5.6% $224 / Sq Ft
05/13/2023 05/13/23 For Sale $360,000 -- $237 / Sq Ft
Source: NorthstarMLS

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 $4,590 $322,000 $129,000 $193,000
2024 $4,693 $335,000 $143,000 $192,000
2023 $4,790 $348,500 $158,000 $190,500
2022 $3,809 $325,000 $138,000 $187,000
2021 $3,671 $276,000 $117,000 $159,000
2020 $3,695 $264,000 $107,000 $157,000
2019 $3,749 $255,000 $108,000 $147,000
2018 $3,174 $253,000 $101,000 $152,000
2017 $2,720 $196,000 $79,000 $117,000
2016 $2,644 $181,000 $80,000 $101,000
2015 $2,471 $173,000 $72,000 $101,000
2014 -- $160,000 $75,000 $85,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff Frovarp

    Seller's Agent in 2023

    Jeff Frovarp

    411 Realty, Inc.

    (612) 940-7160

    34 Total Sales

    Jeff Frovarp
    Section Image
  • Abraham Sanchez

    Buyer's Agent in 2023

    Abraham Sanchez

    eXp Realty

    (651) 231-8249

    81 Total Sales

    Abraham Sanchez
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6368185

NorthstarMLS

APN: 32-028-24-14-0062

Minnesota Hennepin County Richfield 55423

7245 Thomas 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.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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