NOT LISTED FOR SALE

7338 2nd Ave S Richfield, MN 55423

Estimated Value: $308,153 - $362,000

3 Beds
1 Bath
1,596 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $165,000 $103 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,080/month

9 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Forced Air Heating and Cooling System

About This Home

As of June 2013

1.5 story, 3 Bed/1Bath home with a finished basement, double garage, fenced yard, patio, fireplace and hardwood floors. Property is sold AS-IS.

Last Agent to Sell the Property

Andrew Krenzer

Advisors Realty Inc. Listed on: 05/21/2013

Last Buyer's Agent

Shannon Earle

Fresh Start Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,680

Year Built

  • 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x134
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • Fireplace
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3402824130027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,680

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 446
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 840
  • Parcel Number: 3402824130027
  • Projected Closed Date: 06/18/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 3207
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x12, On Level: Main
  • Room 2: Dining Room, 11x8, On Level: Main
  • Room 4: Kitchen, 10x9, On Level: Main
  • Room 5: Bedroom, 18x12, On Level: Upper
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 11x9, On Level: Main
  • Room 9: Rec Room, 18x10, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1260
  • Below Grade Finished Sq Ft: 336
  • Total Fin Square Footage: 1596

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75x134
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015-3 Ih2 Borrower Lp
Total Days on Market
9
Current Estimated Value
$334,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,193,950
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 21, 2013
Closed on
Jun 18, 2013
Sold by
Johnson Chad and Johnson Leslie
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Andrew Krenzer
Advisors Realty Inc.
Buyer's Agent
Shannon Earle
Fresh Start Realty
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Elles Jason J and Elles Kirsten L
Bought by
Johnson Chad and Buckley Melinda M
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
2015-3 Ih2 Borrower Lp -- None Available
Ih2 Property Illinois Lp $160,147 At Home Title Llc
-- $165,000 --
Johnson Chad $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2015-3 Ih2 Borrower Lp $1,193,950
Previous Owner Johnson Chad Warren $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $165,000 -2.9% $103 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $169,900 -- $106 / 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 $3,680 $263,500 $116,000 $147,500
2022 $3,347 $262,000 $120,000 $142,000
2021 $3,291 $232,000 $110,000 $122,000
2020 $3,428 $225,000 $103,000 $122,000
2019 $3,257 $224,000 $102,000 $122,000
2018 $3,278 $208,000 $97,000 $111,000
2017 $2,774 $181,000 $80,000 $101,000
2016 $2,716 $166,000 $72,000 $94,000
2015 $2,585 $160,000 $66,000 $94,000
2014 -- $137,000 $57,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Andrew Krenzer

    Advisors Realty Inc.

  • S

    Buyer's Agent in 2013

    Shannon Earle

    Fresh Start Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4480928

REALTOR® Association of Southern Minnesota

APN: 34-028-24-13-0027

Minnesota Hennepin County Richfield 55423

7338 2nd Ave S, Richfield, MN

This home is located at 7338 2nd Ave S, Richfield, MN 55423 since 21 May 2013 and is currently estimated at $334,038, approximately $209 per square foot. This property was built in 1950. 7338 2nd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

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