NOT LISTED FOR SALE

7332 3rd Ave S Richfield, MN 55423

Estimated Value: $488,000 - $515,861

5 Beds
2.5 Baths
2,067 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $475,000 $230 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,208/month

9 Days on Market

Highlights

  • Above Ground Pool
  • Stainless Steel Appliances
  • Living Room
  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

All New Construction - Hard to find traditional, two story home in Richfield with all 5 bedrooms above ground level - Not a surface of this home has been untouched. The open main floor layout allows for easy, everyday living. The designer kitchen is sure to please - Crisp white cabinets, quartz countertops and an island made for gathering. A main floor bedroom is a nice touch & there are 4 more bedrooms on the second floor, plus a laundry room. The attention to detail with the design of this home truly takes into consideration everyday conveniences. The primary bedroom with its vaulted ceilings, natural light and gorgeous ensuite bathroom (with heated ceramic tile floors) would be such a lovely start and end to your day. New in 2020 - Furnace, A/C & water heater - New Roof in 2019 - Newer Replacement Windows all throughout the home + New LP exterior siding -So many BIG ticket items taken care of! More details in the highlight sheet - Check it out

Last Agent to Sell the Property

Colleen Gonzalez

Keller Williams Realty Integrity Lakes Listed on: 03/29/2023

Keller Williams Realty Integrity Lakes

Last Buyer's Agent

Matthew Austinson

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,392

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x134
  • Property is Fully Fenced
  • Privacy Fence
  • Chain Link Fence

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Above Ground Pool
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Nicollet Garden Lts 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402824130018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,392

Year Built

Built in 1950

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: 1950
  • Above Grade Finished Sq Ft: 1769
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2067
  • Fireplace: No
  • Below Grade Finished Sq Ft: 298
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Mud Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
  • SqFtTotal: 2515.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: Above Ground, Outdoor Pool
  • Fencing: Chain Link, Full, Privacy
  • PatioPorchType: Composite Decking,Covered,Deck,Patio

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 250

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Patio,Tile Floors,Vaulted Ceiling(s)

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x134
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402824130018
  • Tax Annual Amount: 5392
  • TaxWithAssessments: 5392.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 12, 2023
Sold by
Warneke Timothy Daryl
Bought by
Otto Samantha and Otto Neil
Seller's Agent
Colleen Gonzalez
Keller Williams Realty Integrity Lakes
Buyer's Agent
Matthew Austinson
Keller Williams Premier Realty
List Price
$475,000
Sold Price
$475,000
Views
52
Current Estimated Value
$499,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,715
Avg. Annual Appreciation
0.95%
Original Mortgage
$427,500
Outstanding Balance
$417,742
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$67,591

Purchase Details

Closed on
Jun 8, 2022
Sold by
Elizabeth Warneke Michelle and Dar Timothy
Bought by
Warneke Michelle Elizabeth

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 25, 2014
Sold by
Sherman Andrew Edward and Johnson Jill Marie
Bought by
Steingas Bennis Michelle
Seller's Agent
Bonita Everts
Coldwell Banker Burnet
Buyer's Agent
Brooke Baker
RE/MAX Results
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$156,120
Interest Rate
4.41%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2011
Sold by
Szepanski Thomas H
Bought by
Sherman Andrew Edward and Johnson Jill Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,623
Interest Rate
4.88%
Mortgage Type
VA
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
Otto Samantha $475,000 Watermark Title
Warneke Timothy Daryl -- Watermark Title
Warneke Michelle Elizabeth -- None Listed On Document
Steingas Bennis Michelle $159,000 Stewart Title Of Minnesota
Sherman Andrew Edward $122,000 Box 160 Title Recording Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otto Samantha $427,500
Previous Owner Steingas Bennis Michelle $156,120
Previous Owner Sherman Andrew Edward $135,000
Previous Owner Sherman Andrew Edward $124,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $475,000 0.0% $230 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/31/2023 03/31/23 Off Market $475,000 -- --
03/29/2023 03/29/23 For Sale $475,000 +198.7% $230 / Sq Ft
04/25/2014 04/25/14 Sold $159,000 0.0% $121 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $159,000 -- $121 / 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 $5,816 $416,500 $116,000 $300,500
2022 $4,849 $405,000 $120,000 $285,000
2021 $3,951 $342,000 $110,000 $232,000
2020 $3,606 $281,000 $103,000 $178,000
2019 $3,285 $249,000 $102,000 $147,000
2018 $2,948 $225,000 $97,000 $128,000
2017 $2,430 $178,000 $80,000 $98,000
2016 $2,350 $164,000 $72,000 $92,000
2015 $2,111 $152,000 $66,000 $86,000
2014 -- $130,000 $57,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6345849

NorthstarMLS

APN: 34-028-24-13-0018