NOT LISTED FOR SALE

7301 Nicollet Ave Richfield, MN 55423

5 Beds
2 Baths
2,237 Sq Ft
1954 Built

Last Sold February 24, 2012

Last sale price $175,000 $78 Per Sq Ft

162 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Many Trees
  • Corner Lot

About This Home

As of February 2012

IMMED. CASH FLOW! Corner lot - great shape with new paint and carpet. In the heart of Richfield & near Library. Quick close-Quick response. Seperate utilities & tennant does mowing/snow. Ask for the investment property worksheet to see rates of return

Last Agent to Sell the Property

Jeffrey Budzisz

Bridge Realty, LLC Listed on: 07/19/2011

Last Buyer's Agent

David Abele

Lakes Sotheby's International

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • Lot Dimensions are 70 x 145
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • 2,237 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for lawn, snow, trash, water/sewer
  • The owner pays for maint/repair

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Construction: Previously Owned
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1652
  • Total Fin Square Footage: 2237
  • Below Grade Finished Sq Ft: 585

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Lot Info

  • Lot/Land Description: Corner Lot, Tree Coverage - Heavy
  • Estimated Lot Dimensions: 70 X 145

Rental Info

  • Owner Expense: Maint/Repair
  • Tenant Expense: Lawn, Snow, Trash, Water/Sewer

Multi Family

  • Total Units Available: 2

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

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $175,000 -10.3% $78 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
07/19/2011 07/19/11 For Sale $195,000 -- $87 / 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
2024 $6,736 $356,100 $148,200 $207,900
2023 $6,138 $360,400 $153,000 $207,400
2022 $5,333 $348,000 $148,000 $200,000
2021 $5,895 $301,000 $132,000 $169,000
2020 $5,548 $282,000 $121,000 $161,000
2019 $5,391 $270,000 $119,000 $151,000
2018 $4,865 $267,000 $104,000 $163,000
2017 $3,716 $193,000 $59,000 $134,000
2016 $4,284 $190,000 $65,000 $125,000
2015 $3,930 $188,000 $65,000 $123,000
2014 -- $175,000 $65,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3588923

REALTOR® Association of Southern Minnesota

APN: 34-028-24-13-0016