NOT LISTED FOR SALE

7401 2nd Ave S Richfield, MN 55423

Estimated Value: $252,000 - $310,000

2 Beds
1 Bath
991 Sq Ft
$293/Sq Ft Est. Value

About This Home

This home is located at 7401 2nd Ave S, Richfield, MN 55423 and is currently estimated at $290,064, approximately $292 per square foot. 7401 2nd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Grams Sheree L
Bought by
Mcvay Megan
Current Estimated Value
$290,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$206,939
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$83,125
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Mcvay Megan $270,000 Trademark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcvay Megan $216,000
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
2024 $3,407 $253,600 $109,000 $144,600
2023 $3,448 $259,100 $116,000 $143,100
2022 $3,039 $255,000 $120,000 $135,000
2021 $2,969 $226,000 $110,000 $116,000
2020 $3,009 $219,000 $103,000 $116,000
2019 $2,743 $213,000 $102,000 $111,000
2018 $2,767 $193,000 $92,000 $101,000
2017 $2,281 $169,000 $76,000 $93,000
2016 $2,209 $156,000 $68,000 $88,000
2015 $2,094 $151,000 $63,000 $88,000
2014 -- $128,000 $54,000 $74,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7401 2nd Ave S, Richfield, MN

Not Listed for Sale

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