NOT LISTED FOR SALE

7345 Colfax Ave S Richfield, MN 55423

Estimated Value: $317,000 - $465,000

3 Beds
2 Baths
1,636 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 7345 Colfax Ave S, Richfield, MN 55423 and is currently estimated at $375,390, approximately $229 per square foot. 7345 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2015
Sold by
Patel Murali H
Bought by
Patel Jacquelyn M
Current Estimated Value
$375,390

Purchase Details

Closed on
Sep 13, 2010
Sold by
Moritz Brent and Moritz Benita
Bought by
Patel Jacquelyn M and Patel Murali H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,156
Outstanding Balance
$140,802
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$239,779

Purchase Details

Closed on
Jun 12, 2007
Sold by
Backstrom Bryan T and Backstrom Jessie A
Bought by
Pfeiffer Benita Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2000
Sold by
Lorenson Mary L
Bought by
Backstrom Bryan T and Almsted Jessie K
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Patel Jacquelyn M -- Attorney
Patel Jacquelyn M $214,000 --
Pfeiffer Benita Lynn $236,000 --
Backstrom Bryan T $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel-Swindlehurst Jacquelyn M $85,000
Closed Patel Swindlehurst Jacquelyn M $50,000
Closed Jacquelyn M $24,000
Open Patel Jacquelyn M $211,156
Previous Owner Pfeiffer Benita Lynn $93,694
Previous Owner Pfeiffer Benita Lynn $94,400
Source: Public Records

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 $4,467 $329,200 $136,800 $192,400
2022 $3,861 $330,000 $142,000 $188,000
2021 $3,599 $281,000 $116,000 $165,000
2020 $3,521 $261,000 $106,000 $155,000
2019 $3,504 $246,000 $105,000 $141,000
2018 $3,419 $240,000 $98,000 $142,000
2017 $2,928 $210,000 $77,000 $133,000
2016 $2,815 $192,000 $71,000 $121,000
2015 $2,849 $196,000 $79,000 $117,000
2014 -- $180,000 $75,000 $105,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7345 Colfax Ave S, Richfield, MN

This home is located at 7345 Colfax Ave S, Richfield, MN 55423 and is currently estimated at $375,390, approximately $229 per square foot. 7345 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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