NOT LISTED FOR SALE

7344 Portland Ave Richfield, MN 55423

Estimated Value: $360,000 - $418,866

3 Beds
2.5 Baths
2,050 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $380,000 $185 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,440/month

281 Days on Market

Highlights

  • Deck
  • Corner Lot
  • The kitchen features windows
  • Family Room with Fireplace
  • No HOA
  • Porch

About This Home

As of April 2023

Move in and live carefree in this lovely and brightly lit 2-story 3BD 2 ½ Bt home renovated fully and tastefully throughout by licensed contractor in 2022. It is freshly painted and boasts ALL NEW vinyl siding, insulation, drywalls, and architectural shingle roof. ALL NEW hdwd Floor on main, carpet in UL & LL, and tiled baths. ALL NEW electrical wiring, LED fixtures, and fuse box. ALL NEW kitchen, granite counters, cabinets, range, and SS kitchen appliances. ALL NEW plumbing and fixtures. ALL NEW furnace and water heater, a 2-year-old HVAC and almost all new windows. You will be pleased by newly added BD/ Bt and egress window in LL where you can as well entertain in the family room. Relax in the 3-season porch and take advantage of the deck in summer. The 2- car garage has a lot of space for your vehicles and toys. Access HWY35, 494, and Cross Town in minutes and enjoy the convenience of a quick drive to, Home Depot, Target, and MOA. Owners accept offers by the end of coming Sunday.

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC Listed on: 05/19/2022

Last Buyer's Agent

Michael Wasem

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1938

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 47x117
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3402824140026

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,395

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1938
  • Above Grade Finished Sq Ft: 1440
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Family Room, Living Room, Wood Burning
  • Living Area: 2050
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 610
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Three Season Porch, Deck
  • SqFtTotal: 2160.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 420

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,Porch

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 47x117
  • Lot Size Sq Ft: 5662.8
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3402824140026
  • Tax Annual Amount: 2395
  • TaxWithAssessments: 2394.5200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Apr 14, 2023
Sold by
Borhan Massoud and Borhan Zari
Bought by
Draisey Lucas Blane and Draisey Ashley Diane
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
Buyer's Agent
Michael Wasem
Edina Realty, Inc.
List Price
$399,999
Sold Price
$380,000
Premium/Discount to List
-$19,999
-5%
Views
107
Current Estimated Value
$393,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,717
Avg. Annual Appreciation
1.04%
Original Mortgage
$342,000
Outstanding Balance
$331,937
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$57,744

Purchase Details

Listed on
Oct 11, 2011
Closed on
Apr 17, 2012
Sold by
Fannie Mae
Bought by
Borhan Massoud
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$157,900
Sold Price
$91,514
Premium/Discount to List
-$66,386
-42.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%

Purchase Details

Closed on
Mar 25, 2011
Sold by
Khrystych Alla
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 20, 2007
Sold by
Venture Acquisitions Llc
Bought by
Khrystyat Alla
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
Draisey Lucas Blane $380,000 None Listed On Document
Borhan Massoud -- None Available
Federal National Mortgage Association $213,473 --
Khrystyat Alla $195,877 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draisey Lucas Blane $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $380,000 0.0% $185 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
09/16/2022 09/16/22 Price Changed $379,999 -5.0% $185 / Sq Ft
05/19/2022 05/19/22 For Sale $399,999 +337.1% $195 / Sq Ft
05/01/2012 05/01/12 Sold $91,514 -42.0% $61 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $157,900 -- $105 / 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 $4,107 $302,900 $92,800 $210,100
2022 $2,395 $299,000 $96,000 $203,000
2021 $3,192 $145,000 $88,000 $57,000
2020 $4,162 $197,000 $82,000 $115,000
2019 $3,130 $192,000 $82,000 $110,000
2018 $3,496 $179,000 $78,000 $101,000
2017 $2,483 $162,000 $64,000 $98,000
2016 $2,470 $151,000 $58,000 $93,000
2015 $2,359 $146,000 $53,000 $93,000
2014 -- $126,000 $46,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6198625

NorthstarMLS

APN: 34-028-24-14-0026