NOT LISTED FOR SALE

7328 Colfax Ave S Richfield, MN 55423

Estimated Value: $406,894 - $462,000

3 Beds
1.5 Baths
2,452 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $220,000 $90 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,889/month

65 Days on Market

Highlights

  • Property is near public transit
  • Fenced Yard
  • Woodwork
  • Wood Flooring
  • 2 Car Detached Garage
  • Walk-In Closet

About This Home

As of December 2012

$97 a square foot of WOW. 1/2 block to Woodlake Park! Large main lvl is perfect for a growing family. 2 1/2 stall gar., fenced backyard, new asphalt driveway, 2 fireplaces, & wood flrs thru out main & upper lvl-a few of great features.

Last Agent to Sell the Property

Scott Seeley

Coldwell Banker Burnet Listed on: 09/12/2012

Co-Listed By

Michael La Velle

Coldwell Banker Burnet

Last Buyer's Agent

Ruthann Holetz

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,368

Year Built

  • 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Fenced Yard
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Patio
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3302824140061

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,368

Year Built

1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.16
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 984
  • Parcel Number: 3302824140061
  • Projected Closed Date: 12/10/2012
  • Stories: 2 Story
  • Taxes With Assessments: 3348.08
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Dining Room: Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x13, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 4: Kitchen, 14x10, On Level: Main
  • Room 5: Bedroom, 18x10, On Level: Main
  • Room 6: Bedroom, 19x14, On Level: Upper
  • Room 7: 17x10, On Level: Upper
  • Room 9: Rec Room, 26x17, On Level: Lower
  • Room 10: Den/Office, 10x10, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1716
  • Below Grade Finished Sq Ft: 736
  • Total Fin Square Footage: 2452

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Stucco, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

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 - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Bipes David H and Bipes Barbara E
Bought by
Bipes David H and Bipes Barbara E
Current Estimated Value
$438,474

Purchase Details

Listed on
Sep 12, 2012
Closed on
Dec 1, 2012
Sold by
Sandy Jeffrey Carl and Jay Kurtis D
Bought by
Bipes David H and Bipes Barbara E
Seller's Agent
Scott Seeley
Coldwell Banker Burnet
Buyer's Agent
Ruthann Holetz
Edina Realty, Inc.
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$209,000
Interest Rate
3.36%
Mortgage Type
VA

Purchase Details

Closed on
Jul 10, 2008
Sold by
Moen Robert W and Salveson John Barth
Bought by
Sandy Jeffrey C and Jay Kurtis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,918
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2003
Sold by
Merritt James R and Merritt Laura E
Bought by
Moen Robert W

Purchase Details

Closed on
Jul 20, 2001
Sold by
Wotrang Eleanor
Bought by
Merritt James R and Merritt Laura E
Source: Public Records

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Range of Values:

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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
Bipes David H -- None Listed On Document
Bipes David H $220,000 Burnet Title
Sandy Jeffrey C $252,500 --
Moen Robert W $239,000 --
Merritt James R $211,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bipes David H $163,815
Previous Owner Bipes David H $209,000
Previous Owner Jay Kurtis D $249,918
Previous Owner Moen Robert W $50,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $220,000 -8.3% $90 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
09/12/2012 09/12/12 For Sale $239,900 -- $98 / 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
2023 $5,368 $353,100 $136,800 $216,300
2022 $4,170 $350,000 $142,000 $208,000
2021 $3,943 $301,000 $116,000 $185,000
2020 $3,833 $283,000 $106,000 $177,000
2019 $3,956 $265,000 $105,000 $160,000
2018 $3,795 $267,000 $98,000 $169,000
2017 $3,273 $231,000 $77,000 $154,000
2016 $3,201 $214,000 $71,000 $143,000
2015 $3,298 $222,000 $79,000 $143,000
2014 -- $202,000 $75,000 $127,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Seeley

    Coldwell Banker Burnet

  • M

    Seller Co-Listing Agent in 2012

    Michael La Velle

    Coldwell Banker Burnet

  • R

    Buyer's Agent in 2012

    Ruthann Holetz

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4397987

REALTOR® Association of Southern Minnesota

APN: 33-028-24-14-0061

Minnesota Hennepin County Richfield 55423

7328 Colfax Ave S, Richfield, MN

This home is located at 7328 Colfax Ave S, Richfield, MN 55423 since 12 September 2012 and is currently estimated at $438,474, approximately $178 per square foot. This property was built in 1953. 7328 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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