NOT LISTED FOR SALE

7345 4th Ave S Richfield, MN 55423

Estimated Value: $250,000 - $299,000

2 Beds
1 Bath
1,021 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 29, 2014

Last sale price $131,500 $129 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,693/month

43 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Landscaped with Trees
  • Corner Lot
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of October 2014

Great townhome alternative with this Richfield rambler. Nice corner lot with detached garage and driveway. Great opportunity to build equity with cosmetic upgrades. Nice solid home in a great location!

Last Agent to Sell the Property

Joseph Moore

Bridge Realty, LLC Listed on: 09/09/2014

Last Buyer's Agent

Gordon Simle

Keller Williams Integrity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Listing and Financial Details

  • Assessor Parcel Number 3402824140048

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.14
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 713
  • Mechanicals: Furnace Humidifier
  • Parcel Number: 3402824140048
  • Projected Closed Date: 10/29/2014
  • Stories: 1 Story
  • Taxes With Assessments: 1467
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, 28x11, On Level: Lower
  • Room 4: Kitchen, 15x8, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 11x8, On Level: Main
  • Room 9: Laundry Room, 28x10, On Level: Lower
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 713
  • Below Grade Finished Sq Ft: 308
  • Total Fin Square Footage: 1021

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 50x130
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1954

Tax Info

  • Year: 2014
  • Tax Value: 1467

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Oct 29, 2014
Sold by
Wilkes Margaret E
Bought by
Houck Douglas J
Seller's Agent
Joseph Moore
Bridge Realty, LLC
Buyer's Agent
Gordon Simle
Keller Williams Integrity Realty
List Price
$134,900
Sold Price
$131,500
Premium/Discount to List
-$3,400
-2.52%
Current Estimated Value
$265,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,647
Avg. Annual Appreciation
7.19%
Original Mortgage
$129,050
Interest Rate
3.62%
Mortgage Type
FHA
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
Houck Douglas J $131,500 Dca Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houck Douglas J $122,000
Closed Houck Douglas J $129,050
Previous Owner Wilkes Margaret E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2014 10/29/14 Sold $131,500 -2.5% $129 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $134,900 -- $132 / 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 $2,979 $228,000 $98,600 $129,400
2022 $2,633 $227,000 $102,000 $125,000
2021 $2,479 $200,000 $94,000 $106,000
2020 $2,481 $188,000 $88,000 $100,000
2019 $2,270 $181,000 $87,000 $94,000
2018 $2,225 $165,000 $83,000 $82,000
2017 $1,866 $144,000 $68,000 $76,000
2016 $1,767 $131,000 $61,000 $70,000
2015 $1,657 $126,000 $56,000 $70,000
2014 -- $107,000 $48,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4672529

REALTOR® Association of Southern Minnesota

APN: 34-028-24-14-0048