NOT LISTED FOR SALE

7304 Portland Ave Richfield, MN 55423

Estimated Value: $248,000 - $258,000

3 Beds
1 Bath
1,065 Sq Ft
$237/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $124,900 $117 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,569/month

28 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of January 2014

This home is nicely set back off the road. Easy access. "Real" seller. Quick close possible. Stop renting and buy!

Last Agent to Sell the Property

Suzanne Bownik

TheMLSonline.com, Inc. Listed on: 12/05/2013

Co-Listed By

Sabrina Bownik

TheMLSonline.com, Inc.

Last Buyer's Agent

Brenda Scandin

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x117

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

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

Location

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3402824140016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,561

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.13
  • Construction: Previously Owned
  • Foundation Size: 648
  • Parcel Number: 3402824140016
  • Projected Closed Date: 02/14/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1561
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x9, On Level: Main
  • Room 2: Dining Room, 9x8, On Level: Main
  • Room 3: Family Room, 11x8, On Level: Lower
  • Room 4: Kitchen, 15x9, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 10x9, On Level: Main
  • Room 7: 19x12, On Level: Upper
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 948
  • Below Grade Finished Sq Ft: 117
  • Total Fin Square Footage: 1065

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 50X117
  • Lot/Land Description: Pub. Trans (w/in 6 blks)

Building Info

  • Year Built: 1930

Tax Info

  • Year: 2013
  • Tax Value: 1561

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2013
Closed on
Jan 31, 2014
Sold by
Carlson Steve J
Bought by
Eriksen Franklin David
Seller's Agent
Suzanne Bownik
TheMLSonline.com, Inc.
Buyer's Agent
Brenda Scandin
Coldwell Banker Burnet
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$252,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,193
Avg. Annual Appreciation
6.20%
Original Mortgage
$122,637
Outstanding Balance
$93,245
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$158,848

Purchase Details

Listed on
Jul 31, 2013
Closed on
Sep 16, 2013
Sold by
Nelson Virgil
Bought by
Carlson Steve J
Seller's Agent
Tamara Deland
Coldwell Banker Burnet
Buyer's Agent
Suzanne Bownik
TheMLSonline.com, Inc.
List Price
$84,900
Sold Price
$62,000
Premium/Discount to List
-$22,900
-26.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
563.87%
Source: Public Records

Range of Values:

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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
Eriksen Franklin David $124,900 Executive Title Inc
Carlson Steve J $62,000 Title Support Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eriksen Franklin David $122,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $124,900 0.0% $117 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $124,900 +101.5% $117 / Sq Ft
09/17/2013 09/17/13 Sold $62,000 -27.0% $67 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $84,900 -- $91 / 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 $2,800 $215,200 $92,700 $122,500
2023 $2,917 $223,900 $98,600 $125,300
2022 $2,586 $223,000 $102,000 $121,000
2021 $2,415 $197,000 $94,000 $103,000
2020 $2,398 $184,000 $88,000 $96,000
2019 $2,203 $176,000 $87,000 $89,000
2018 $2,117 $161,000 $83,000 $78,000
2017 $1,750 $137,000 $68,000 $69,000
2016 $1,678 $126,000 $61,000 $65,000
2015 $1,553 $120,000 $56,000 $64,000
2014 -- $103,000 $48,000 $55,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Suzanne Bownik

    TheMLSonline.com, Inc.

  • S

    Seller Co-Listing Agent in 2014

    Sabrina Bownik

    TheMLSonline.com, Inc.

  • B

    Buyer's Agent in 2014

    Brenda Scandin

    Coldwell Banker Burnet

  • T

    Seller's Agent in 2013

    Tamara Deland

    Coldwell Banker Burnet

  • S

    Seller Co-Listing Agent in 2013

    Steve Hansen

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4563907

REALTOR® Association of Southern Minnesota

APN: 34-028-24-14-0016

Minnesota Hennepin County Richfield 55423

7304 Portland Ave, Richfield, MN

This home is located at 7304 Portland Ave, Richfield, MN 55423 since 05 December 2013 and is currently estimated at $252,093, approximately $236 per square foot. This property was built in 1930. 7304 Portland Ave is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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