NOT LISTED FOR SALE

7320 Colfax Ave S Richfield, MN 55423

Estimated Value: $441,000 - $630,000

3 Beds
1.5 Baths
1,725 Sq Ft
$327/Sq Ft Est. Value

Last Sold February 21, 2012

Last sale price $178,000 $103 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,706/month

138 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Property is near public transit
  • Breakfast Area or Nook
  • Woodwork

About This Home

As of February 2012

Three bedroom 1.5.bath, 2 story, attached garage w/opener and keypad in established area in Richfield. Close to shopping, parks, schools, and restaurants. Great back yard for pets, kids, or entertaining. Close to Wood Lake Nature Center.

Last Agent to Sell the Property

Teresa Porten

Exit Realty Nexus Listed on: 10/04/2011

Last Buyer's Agent

Sheila Cronin Bornfleth

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,588

Year Built

  • 1992

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter

Additional Features

  • Deck
  • Property is near public transit

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,588

Year Built

1992

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foundation Size: 690
  • Mechanicals: Electronic Air Filter
  • Projected Closed Date: 02/21/2012
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Dining Room: Breakfast Nook
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x13, On Level: Main
  • Room 2: Dining Room, 10x9, On Level: Main
  • Room 3: Family Room, 18x14, On Level: Basement
  • Room 4: Kitchen, 17x10, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 10x9, On Level: Upper
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1380
  • Below Grade Finished Sq Ft: 345
  • Total Fin Square Footage: 1725

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Fiber Board, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 50 X 130
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2011
Closed on
Feb 16, 2012
Sold by
Brawley Vicki A
Bought by
Warner Sara L and Warner Ii Michael R
Seller's Agent
Teresa Porten
Exit Realty Nexus
Buyer's Agent
Sheila Cronin Bornfleth
Edina Realty, Inc.
List Price
$191,500
Sold Price
$178,000
Premium/Discount to List
-$13,500
-7.05%
Current Estimated Value
$564,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,106
Avg. Annual Appreciation
8.82%
Original Mortgage
$368,650
Outstanding Balance
$256,879
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$307,227
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
Warner Sara L $178,000 Executive Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Sara L $368,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2012 02/21/12 Sold $178,000 -7.0% $103 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $191,500 -- $111 / 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 $8,588 $575,000 $150,300 $424,700
2023 $8,059 $567,100 $136,800 $430,300
2022 $6,446 $544,000 $142,000 $402,000
2021 $6,257 $451,000 $116,000 $335,000
2020 $6,319 $432,000 $106,000 $326,000
2019 $6,167 $417,000 $105,000 $312,000
2018 $5,960 $399,000 $98,000 $301,000
2017 $5,241 $351,000 $77,000 $274,000
2016 $5,372 $338,000 $71,000 $267,000
2015 $5,442 $346,000 $79,000 $267,000
2014 -- $300,000 $75,000 $225,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Teresa Porten

    Exit Realty Nexus

  • S

    Buyer's Agent in 2012

    Sheila Cronin Bornfleth

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4081254

REALTOR® Association of Southern Minnesota

APN: 33-028-24-14-0059

Minnesota Hennepin County Richfield 55423

7320 Colfax Ave S, Richfield, MN

This home is located at 7320 Colfax Ave S, Richfield, MN 55423 since 04 October 2011 and is currently estimated at $564,106, approximately $327 per square foot. This property was built in 1992. 7320 Colfax Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.

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