NOT LISTED FOR SALE

7345 Park Ave Richfield, MN 55423

Estimated Value: $378,000 - $401,000

3 Beds
2 Baths
2,051 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 29, 2012

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

Est. 109% increase in value since last sale

Current estimated payment $2,512/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

Est. Annual Taxes

  • $4,667

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

Est. Annual Taxes

$4,667

Year Built

1952

Lot Details

0

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
  • Projected Closed Date: 03/29/2012
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2499
  • 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

Schools

  • School District: Richfield #280

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
$389,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,640
Avg. Annual Appreciation
5.25%
Original Mortgage
$180,420
Interest Rate
3.95%
Mortgage Type
New Conventional

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:

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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 $213,000
Closed Nelson Grant R $180,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $4,667 $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

This home is located at 7345 Park Ave, Richfield, MN 55423 since 21 October 2011 and is currently estimated at $389,640, approximately $189 per square foot. This property was built in 1952. 7345 Park Ave is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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