7400 Chicago Ave Richfield, MN 55423
Estimated Value: $304,000 - $319,000
3
Beds
1
Bath
1,386
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 7400 Chicago Ave, Richfield, MN 55423 and is currently estimated at $308,745, approximately $222 per square foot. 7400 Chicago Ave is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2021
Sold by
Irene Mcmurchie Marilyn
Bought by
Mcmurchie Alan R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,915
Outstanding Balance
$200,011
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$108,734
Purchase Details
Closed on
Jun 16, 2021
Sold by
Mcmurchie Alan R and Estate Of John D Mcmurchie
Bought by
Santana Jose Refugio Flores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,915
Outstanding Balance
$200,011
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$108,734
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmurchie Alan R | -- | -- | |
| Santana Jose Refugio Flores | $259,900 | None Available | |
| Flores Santana Jose Jose | $259,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santana Jose Refugio Flores | $220,915 | |
| Closed | Flores Santana Jose Jose | $220,915 |
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 |
|---|---|---|---|---|
| 2024 | $4,441 | $268,100 | $115,000 | $153,100 |
| 2023 | $4,741 | $271,300 | $119,000 | $152,300 |
| 2022 | $3,210 | $258,000 | $115,000 | $143,000 |
| 2021 | $3,016 | $237,000 | $117,000 | $120,000 |
| 2020 | $3,242 | $222,000 | $101,000 | $121,000 |
| 2019 | $2,828 | $227,000 | $104,000 | $123,000 |
| 2018 | $2,678 | $198,000 | $87,000 | $111,000 |
| 2017 | $2,248 | $167,000 | $66,000 | $101,000 |
| 2016 | $2,262 | $159,000 | $67,000 | $92,000 |
| 2015 | $2,128 | $153,000 | $61,000 | $92,000 |
| 2014 | -- | $139,000 | $61,000 | $78,000 |
Source: Public Records
Map
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