NOT LISTED FOR SALE

7345 Park Ave Richfield, MN 55423

Estimated Value: $358,000 - $391,000

3 Beds
2 Baths
2,051 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $186,000 $91 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,363/month

159 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 3 Car Detached Garage
  • Wood Flooring
  • Breakfast Area or Nook
  • Landscaped with Trees

About This Home

As of March 2012

100% rehab ready to move in and enjoy. New from top to bottom. Paint, hardwood floors, carpet, appliances, both baths, ceramic floors, granite counters, new finished basement, brand new 3 car garage. Must see.

Last Agent to Sell the Property

Joseph Johnson

Edina Realty, Inc. Listed on: 10/21/2011

Last Buyer's Agent

Stephen Howe

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 134x72
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Stucco Exterior
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Open Floorplan
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Foundation Size: 1260
  • Mechanicals: Electronic Air Filter
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 24x12, On Level: Main
  • Room 2: Dining Room, 9x9, On Level: Main
  • Room 3: Family Room, 28x18, On Level: Lower
  • Room 4: Kitchen, 15x11, On Level: Main
  • Room 5: Bedroom, 14x11, On Level: Main
  • Room 6: Bedroom, 9x9, On Level: Main
  • Room 7: 14x11, On Level: Main
  • Room 9: Den/Office, 12x12, On Level: Lower
  • Room 10: Laundry Room, 28x12, On Level: Lower
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1275
  • Below Grade Finished Sq Ft: 776
  • Total Fin Square Footage: 2051

Exterior Features

  • Frontage Road: City
  • Exterior: Cement Board, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: 134x72
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2011
Closed on
Mar 16, 2012
Sold by
Johnson Phillip
Bought by
Nelson Grant R and Katterhenry Erin L
Seller's Agent
Joseph Johnson
Edina Realty, Inc.
Buyer's Agent
Stephen Howe
RE/MAX Advantage Plus
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%
Current Estimated Value
$374,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,062
Avg. Annual Appreciation
5.12%
Original Mortgage
$180,420
Outstanding Balance
$124,408
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$249,654

Purchase Details

Closed on
Mar 24, 2011
Sold by
Johnston Donald C and Johnston Sonia I
Bought by
Johnson Phillip
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nelson Grant R $186,000 Trademark Title Services Inc
Johnson Phillip $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Grant R $180,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2012 03/29/12 Sold $186,000 -7.0% $91 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
10/21/2011 10/21/11 For Sale $199,900 -- $97 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $4,738 $337,900 $115,000 $222,900
2023 $4,667 $340,000 $119,000 $221,000
2022 $4,351 $334,000 $115,000 $219,000
2021 $4,061 $310,000 $117,000 $193,000
2020 $4,218 $288,000 $101,000 $187,000
2019 $3,979 $286,000 $104,000 $182,000
2018 $3,799 $266,000 $87,000 $179,000
2017 $3,227 $226,000 $66,000 $160,000
2016 $3,199 $212,000 $67,000 $145,000
2015 $3,055 $206,000 $61,000 $145,000
2014 -- $188,000 $61,000 $127,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joseph Johnson

    Edina Realty, Inc.

  • S

    Buyer's Agent in 2012

    Stephen Howe

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4084581

REALTOR® Association of Southern Minnesota

APN: 35-028-24-23-0033

Minnesota Hennepin County Richfield 55423

7345 Park Ave, Richfield, MN

Not Listed for Sale

Detached

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