NOT LISTED FOR SALE

7407 4th Ave S Richfield, MN 55423

Estimated Value: $291,000 - $343,813

3 Beds
1 Bath
1,474 Sq Ft
$217/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $325,000 $220 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,046/month

2 Days on Market

Highlights

  • Deck
  • Den
  • 1 Car Attached Garage
  • No HOA
  • Stainless Steel Appliances
  • Living Room

About This Home

As of April 2024

Discover the quality this nicely updated home in the heart of Richfield has to offer. FEATURES & UPDATES INCLUDE: Beautifully refinished hardwood floors throughout the main level, coved ceiling with crown molding, freshly painted in designer greys, white enamel kitchen cabinets, stainless steel appliances, new range, refrigerator and range hood, distinctive paneled doors with classic glass door knobs, attractive ceramic tile bath, spacious dining room with vaulted ceiling and a new skylight, deck off the dining room overlooks fenced back yard with storage shed, upper level features a spacious bedroom with nostalgic knotty pine walls and built-in bookshelves and closets, the lower level features nice new carpeting with white trim and doors plus a 3/4 bath rough-in, new on-trend lighting throughout, a charming breezeway connects you to the attached garage. All this plus this home is covered by a free one year home warranty.

Last Agent to Sell the Property

Jay Hansen

Coldwell Banker Realty Brokerage Phone: 612-799-8412 Listed on: 02/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Craig Bader

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,415

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 62x134
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Outdoor Features

  • Deck
  • Breezeway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3402824410049

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,415

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1017
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-799-8412
  • Attribution Contact: 612-799-8412
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1474
  • Fireplace: No
  • Below Grade Finished Sq Ft: 457
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Breezeway, Den, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • Fencing: Chain Link
  • Other Structures: Storage Shed
  • PatioPorchType: Deck,Side Porch

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 240

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Paneled Doors,Skylight,Tile Floors,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 62x134
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402824410049
  • Tax Annual Amount: 3415
  • TaxWithAssessments: 3415.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 26, 2024
Sold by
Hendrickson Richard Arthur and Hendrickson Teri Lee
Bought by
Gallagher Rand William
Seller's Agent
Jay Hansen
Coldwell Banker Realty
Buyer's Agent
Craig Bader
Coldwell Banker Realty
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Views
77
Current Estimated Value
$320,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,547
Avg. Annual Appreciation
-0.60%
Original Mortgage
$315,250
Outstanding Balance
$312,266
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$10,000
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
Gallagher Rand William $325,000 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Rand William $315,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $325,000 +8.4% $220 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $299,900 -- $203 / Sq Ft
Source: NorthstarMLS

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 $3,600 $269,200 $110,200 $159,000
2022 $3,242 $268,000 $114,000 $154,000
2021 $3,032 $239,000 $105,000 $134,000
2020 $3,076 $223,000 $98,000 $125,000
2019 $2,828 $217,000 $97,000 $120,000
2018 $2,786 $198,000 $92,000 $106,000
2017 $2,298 $170,000 $76,000 $94,000
2016 $2,209 $156,000 $68,000 $88,000
2015 $2,094 $151,000 $63,000 $88,000
2014 -- $129,000 $54,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6480320

NorthstarMLS

APN: 34-028-24-41-0049