NOT LISTED FOR SALE

7405 16th Ave S Richfield, MN 55423

Estimated Value: $368,253 - $401,000

3 Beds
2 Baths
2,046 Sq Ft
$186/Sq Ft Est. Value

About This Home

This home is located at 7405 16th Ave S, Richfield, MN 55423 and is currently estimated at $379,813, approximately $185 per square foot. 7405 16th 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
Sep 23, 2024
Sold by
Midway Exchange Trs 1 Llc
Bought by
Cag Minnesota Fund Ii Llc
Current Estimated Value
$384,369

Purchase Details

Closed on
Dec 19, 2023
Sold by
Mn Equitable Housing Buyer 1 Llc
Bought by
Midway Exchange Trs 1 Llc

Purchase Details

Closed on
Mar 30, 2022
Sold by
Property Buyers R Us Llc
Bought by
Mn Equitable Housing Buyer 1 Llc

Purchase Details

Closed on
Mar 25, 2022
Sold by
Property Buyers R Us Llc
Bought by
Mn Equitable Housing Buyer 1 Llc

Purchase Details

Closed on
Apr 15, 2021
Sold by
Brohmer Joel S
Bought by
Property Buyers R Us Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
3.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Arehart Kurt J and Arehart Crystal
Bought by
Brohmer Joel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Mickelburg David R and Mickelburg Janet M
Bought by
Arehart Kurt J
Source: Public Records

Range of Values:

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

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ICE

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First American

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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
Cag Minnesota Fund Ii Llc $4,695,705 None Listed On Document
Cag Minnesota Fund Ii Llc $4,695,705 None Listed On Document
Midway Exchange Trs 1 Llc $500 Selene Title
Mn Equitable Housing Buyer 1 Llc $390,000 --
Mn Equitable Housing Buyer 1 Llc -- Minnesota Title
Property Buyers R Us Llc -- Gibraltar Title
Property Buyers R Us Llc $170,000 Gibraltar Title Agency Llc
Brohmer Joel S $255,000 Global Closing & Title Svcs
Arehart Kurt J $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Property Buyers R Us Llc $53,000
Previous Owner Property Buyers R Us Llc $160,000
Previous Owner Brohmer Joel S $229,500
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 $5,539 $381,500 $128,300 $253,200
2023 $5,143 $371,300 $112,100 $259,200
2022 $4,771 $330,000 $106,000 $224,000
2021 $4,867 $294,000 $98,000 $196,000
2020 $4,892 $278,000 $89,000 $189,000
2019 $4,564 $276,000 $91,000 $185,000
2018 $3,419 $257,000 $79,000 $178,000
2017 $2,648 $193,000 $67,000 $126,000
2016 $2,640 $182,000 $62,000 $120,000
2015 $2,486 $175,000 $55,000 $120,000
2014 -- $156,000 $53,000 $103,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7405 16th Ave S, Richfield, MN

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.

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