NOT LISTED FOR SALE

725 5th St NW Richmond, MN 56368

Estimated Value: $350,000 - $403,000

3 Beds
3 Baths
2,384 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $359,900 $151 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,345/month

68 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • 3 Car Attached Garage
  • Home Office
  • The kitchen features windows
  • Living Room

About This Home

As of May 2024

Welcome to this beautiful 3 bedroom, 3 bath, 3 garage stall home located in desirable, quiet neighborhood! This home is perfect for entertaining with the open concept kitchen, dining, and living room area – complete with vaulted ceilings and hardwood flooring. The kitchen features ample cabinetry, granite countertops, large center island and stainless steel appliances. The spacious primary bedroom features a walk-in-closet and private, 3/4 bathroom. Completing the main level is a 2nd bedroom, full bath and main floor laundry. The lower level features a spacious family room, 3rd bedroom. bathroom, and non-conforming bedroom – great space for an office or fitness space! Enjoy the quiet backyard from the covered, maintance free deck! Other features include 32x24 heated, insulated 3-stall garage and in-ground sprinkler system. This home has been very well maintained is ready for its next owners!

Last Agent to Sell the Property

Matt Imdieke

Central MN Realty LLC Listed on: 02/14/2024

Central MN Realty LLC

Co-Listed By

Morgan Schmitt

Central MN Realty LLC

Last Buyer's Agent

Angie Petersen

Central MN Realty LLC

Central MN Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150x100x150

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rich River Estates 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74408940282

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,634

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1258
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 2384
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1126
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Office

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt, Pitched
  • Other Structures: Storage Shed
  • PatioPorchType: Covered,Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Heated Garage
  • Garage Square Feet: 744

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Rocori
  • SchoolDistrictNumber: 750
  • SchoolDistrictPhone: 320-685-4901

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x150x100x150
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • 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: 2023
  • Assessor Parcel Number: 74408940282
  • Tax Annual Amount: 3634
  • TaxWithAssessments: 3634.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
May 29, 2024
Sold by
Schmidt Nolan and Schmidt Jennifer
Bought by
Kropuenske Ryan and Kropuenske Megan
Seller's Agent
Matt Imdieke
Central MN Realty LLC
Buyer's Agent
Angie Petersen
Central MN Realty LLC
List Price
$398,900
Sold Price
$359,900
Premium/Discount to List
-$39,000
-9.78%
Views
1135
Current Estimated Value
$369,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,164
Avg. Annual Appreciation
2.07%
Original Mortgage
$359,900
Outstanding Balance
$355,691
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$13,373

Purchase Details

Closed on
Jul 29, 2021
Sold by
Gilster Michelle and Johnson Tracy
Bought by
Schmidt Nolan R and Schmidt Jennifer B

Purchase Details

Closed on
Apr 26, 2013
Sold by
Morton Kenneth and Brenna Cindy
Bought by
Gilster Michelle and Johnson Tracy

Purchase Details

Closed on
Sep 16, 2004
Sold by
Woodcraft Builders Llc
Bought by
Brenna Cindy Etal

Purchase Details

Closed on
Nov 12, 2003
Sold by
Lumber One Cold Spring Inc
Bought by
Woodcraft Builders Llc
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
Kropuenske Ryan $359,900 --
Schmidt Nolan R $306,000 None Available
Gilster Michelle $215,000 --
Brenna Cindy Etal $193,900 --
Woodcraft Builders Llc $75,000 --
Schmidt Nolan Nolan $306,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kropuenske Ryan $359,900
Closed Schmidt Nolan Nolan $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $359,900 0.0% $151 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/06/2024 04/06/24 Price Changed $359,900 -2.7% $151 / Sq Ft
03/11/2024 03/11/24 Price Changed $369,999 -1.6% $155 / Sq Ft
02/22/2024 02/22/24 Price Changed $375,900 -3.6% $158 / Sq Ft
02/20/2024 02/20/24 Price Changed $389,900 -2.3% $164 / Sq Ft
02/14/2024 02/14/24 For Sale $398,900 -- $167 / 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
2025 $4,004 $333,400 $41,000 $292,400
2024 $4,004 $320,700 $41,000 $279,700
2023 $3,940 $309,900 $40,000 $269,900
2022 $3,402 $242,200 $37,500 $204,700
2021 $3,408 $242,200 $37,500 $204,700
2020 $3,108 $240,200 $37,500 $202,700
2019 $3,112 $212,300 $32,000 $180,300
2018 $2,936 $192,300 $37,000 $155,300
2017 $2,928 $188,500 $37,000 $151,500
2016 $2,908 $0 $0 $0
2015 $2,770 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6488935

NorthstarMLS

APN: 74.40894.0282