NOT LISTED FOR SALE

7309 Park Ave Richfield, MN 55423

Estimated Value: $330,000 - $347,000

3 Beds
2 Baths
1,344 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $295,000 $219 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,166/month

49 Days on Market

Highlights

  • No HOA
  • Porch
  • Living Room
  • The kitchen features windows
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2022

Bright home with arched entry into dining and living room, hardwood floors add charm to this 3 Bedroom Richfield home. Fully fenced yard with privacy fence. New lower level carpet and built in closet. Family neighborhood, close to freeway access and bus lines.

Last Agent to Sell the Property

Steven Milkovich

Real Broker, LLC Listed on: 06/15/2022

Real Broker, LLC

Co-Listed By

Joseph Cameron

Real Broker, LLC

Last Buyer's Agent

Joseph Saba

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x133
  • Property is Fully Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

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

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3502824230039

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 944
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 218-349-7375
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Living Area: 1344
  • Fireplace: No
  • Below Grade Finished Sq Ft: 400
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Porch
  • SqFtTotal: 1888.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Fencing: Full

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 240

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Natural Woodwork

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x133
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 3502824230039
  • Tax Annual Amount: 3380
  • TaxWithAssessments: 3380.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 30, 2022
Sold by
Joy Baker Brenda
Bought by
Miller Joey Alan
Seller's Agent
Steven Milkovich
Real Broker, LLC
Buyer's Agent
Joseph Saba
Bridge Realty, LLC
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%
Current Estimated Value
$336,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,682
Avg. Annual Appreciation
4.28%
Original Mortgage
$286,150
Outstanding Balance
$276,528
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$57,879

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 25, 2022
Sold by
Joy Baker Brenda
Bought by
Baker Shan and Baker Brenda Joy
Seller's Agent
Steven Milkovich
Real Broker, LLC
Buyer's Agent
Joseph Saba
Bridge Realty, LLC
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,150
Outstanding Balance
$276,528
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$57,879

Purchase Details

Closed on
Nov 15, 2019
Sold by
Hernandez Gustavo and Hernandez Silva Maria De La Luz
Bought by
Baker Shan Patrick and Baker Brenda Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2015
Sold by
Wiand Mark A and Bloomer Kelly A
Bought by
Schrupp Richard and Loughlin Rosemary O

Purchase Details

Closed on
Nov 22, 2002
Sold by
Job-Wixo Doris M and Wixo Eugene H
Bought by
Wiand Mark A and Bloomer Kelly A
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
Miller Joey Alan $295,000 Stewart Title Guaranty Company
Baker Shan $500 --
Baker Shan Patrick $242,500 Edgewater Title Group Llc
Schrupp Richard $165,000 Title Recording Services Inc
Wiand Mark A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Joey Alan $286,150
Previous Owner Single Shan Patrick Bake $230,771
Previous Owner Baker Shan Patrick $15,000
Previous Owner Baker Shan Patrick $236,467
Previous Owner Hernandez Gustavo $207,450
Previous Owner Wiand Mark A $14,285
Closed Miller Joey Alan $10,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $295,000 +2.1% $219 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $289,000 -2.0% $215 / Sq Ft
07/11/2022 07/11/22 Off Market $295,000 -- --
07/01/2022 07/01/22 Price Changed $289,000 -3.3% $215 / Sq Ft
06/27/2022 06/27/22 Price Changed $299,000 -3.5% $222 / Sq Ft
06/13/2022 06/13/22 For Sale $310,000 -- $231 / 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
2023 $3,973 $284,500 $119,000 $165,500
2022 $3,600 $282,000 $115,000 $167,000
2021 $3,380 $262,000 $117,000 $145,000
2020 $3,424 $245,000 $101,000 $144,000
2019 $3,234 $238,000 $104,000 $134,000
2018 $2,660 $222,000 $92,000 $130,000
2017 $2,529 $165,000 $69,000 $96,000
2016 $2,226 $157,000 $70,000 $87,000
2015 $2,094 $151,000 $64,000 $87,000
2014 -- $137,000 $64,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6218754

NorthstarMLS

APN: 35-028-24-23-0039