NOT LISTED FOR SALE

7401 Elliot Ave S Richfield, MN 55423

Estimated Value: $302,000 - $381,000

4 Beds
1 Bath
1,868 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $147,500 $79 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,315/month

42 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Fireplace

About This Home

As of June 2013

Buyer to verify all measurements & information. Needs work including updating. Extra deep 2+ stall garage. Sold As Is.

Last Agent to Sell the Property

Jamie Mathwig

Lakes Area Realty Listed on: 05/09/2013

Last Buyer's Agent

Michael Olsen

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 1951

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x133

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3502824310112

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,596

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Foundation Size: 1056
  • Parcel Number: 3502824310112
  • Projected Closed Date: 06/26/2013
  • Stories: 1 Story
  • Taxes With Assessments: 2596
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 24x12, On Level: Main
  • Room 2: Dining Room, 6x8, On Level: Main
  • Room 3: Family Room, 28x11, On Level: Lower
  • Room 4: Kitchen, 14x8, On Level: Main
  • Room 5: Bedroom, 13x10, On Level: Main
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 11x9, On Level: Main
  • Room 8: Bedroom, 12x12, On Level: Main
  • Room 9: Spa/Sauna, 6x10, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1456
  • Below Grade Finished Sq Ft: 412
  • Total Fin Square Footage: 1868

Exterior Features

  • Exterior: Metal, Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 70x133

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2012
  • Tax Value: 2596

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015-1 Ih2 Borrower Lp
Current Estimated Value
$352,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 9, 2013
Closed on
Jun 28, 2013
Sold by
Olin Development Inc
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Jamie Mathwig
Lakes Area Realty
Buyer's Agent
Michael Olsen
Keller Williams Premier Realty
List Price
$169,000
Sold Price
$147,500
Premium/Discount to List
-$21,500
-12.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Grace Properties Inc
Bought by
Keola Nilaphob P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
10%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

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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
2015-1 Ih2 Borrower Lp -- Fidelity
2015-1 Ih2 Borrower Lp -- None Available
Ih2 Property Illinois Lp $143,161 Network Title Inc
-- $147,500 --
Keola Nilaphob P $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2015-1 Ih2 Borrower Lp $540,854,000
Previous Owner Keola Nilaphob P $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $147,500 -12.7% $79 / Sq Ft
06/20/2013 06/20/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $169,000 -- $90 / 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 $4,697 $296,400 $113,100 $183,300
2022 $3,773 $287,000 $109,000 $178,000
2021 $3,476 $264,000 $111,000 $153,000
2020 $3,697 $240,000 $96,000 $144,000
2019 $3,534 $244,000 $99,000 $145,000
2018 $3,378 $228,000 $87,000 $141,000
2017 $2,864 $189,000 $66,000 $123,000
2016 $2,849 $176,000 $67,000 $109,000
2015 -- $170,000 $61,000 $109,000
2014 -- $155,000 $61,000 $94,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jamie Mathwig

    Lakes Area Realty

  • M

    Buyer's Agent in 2013

    Michael Olsen

    Keller Williams Premier Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4474892

REALTOR® Association of Southern Minnesota

APN: 35-028-24-31-0112

Minnesota Hennepin County Richfield 55423

7401 Elliot Ave S, Richfield, MN

This home is located at 7401 Elliot Ave S, Richfield, MN 55423 since 09 May 2013 and is currently estimated at $352,993, approximately $188 per square foot. This property was built in 1951. 7401 Elliot Ave S 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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