$62,000
SOLD SEP 17, 2013

7304 Portland Ave Richfield, MN 55423

3 Beds
1 Bath
928 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

27% Below List Price

44 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Landscaped with Trees
  • Property is near public transit
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of January 2014

Fixer upper - Estate - Seller Disclosure Alternatives. Multiple repairs needed - attached garage, 2 bedrooms on main level. Special financing or cash buyers.

Last Agent to Sell the Property

Tamara Deland

Coldwell Banker Burnet Listed on: 07/31/2013

Co-Listed By

Steve Hansen

Coldwell Banker Burnet

Last Buyer's Agent

Suzanne Bownik

TheMLSonline.com, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x117
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 928 Sq Ft Home
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Property is near public transit
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 3402824140016

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.13
  • Construction: Previously Owned
  • Foundation Size: 648
  • Parcel Number: 3402824140016
  • Projected Closed Date: 10/31/2013
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1651
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Appliances: Range/Stove, Refrigerator
  • 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, 8x9, On Level: Main
  • 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
  • Room 9: Deck, 24x10, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 928
  • Total Fin Square Footage: 928

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
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 50X117
  • Lot/Land Description: Irregular Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1930

Tax Info

  • Year: 2013
  • Tax Value: 1651

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 Type Sale Price Title Company
Warranty Deed $124,900 Executive Title Inc
Personal Reps Deed $62,000 Title Support Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,637 FHA
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: 4514614

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 and is currently priced at $62,000, approximately $66 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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