7408 Colfax Ave S Richfield, MN 55423
Estimated Value: $394,000 - $441,000
3
Beds
2
Baths
1,755
Sq Ft
$235/Sq Ft
Est. Value
About This Home
This home is located at 7408 Colfax Ave S, Richfield, MN 55423 and is currently estimated at $412,781, approximately $235 per square foot. 7408 Colfax Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2022
Sold by
Bowers Christopher P and Bowers Julia C
Bought by
Julia C Bowers Revocable Trust
Current Estimated Value
Purchase Details
Closed on
Jul 3, 2002
Sold by
Verkuilen Robert C and Verkuilen Colleen M
Bought by
Bowers Christopher and Bowers Julia C
Purchase Details
Closed on
Jan 27, 1998
Sold by
Mcdonell Wendy M and Bechtold Wendy M
Bought by
Verkuilen Robert C and Verkuilen Colleen M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Julia C Bowers Revocable Trust | -- | None Listed On Document | |
| Bowers Christopher | $210,500 | -- | |
| Verkuilen Robert C | $137,000 | -- |
Source: Public Records
Tax History Compared to Growth
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 | $5,147 | $366,400 | $150,300 | $216,100 |
| 2023 | $4,838 | $354,000 | $136,800 | $217,200 |
| 2022 | $3,953 | $352,000 | $142,000 | $210,000 |
| 2021 | $3,599 | $287,000 | $116,000 | $171,000 |
| 2020 | $3,751 | $261,000 | $106,000 | $155,000 |
| 2019 | $3,453 | $260,000 | $105,000 | $155,000 |
| 2018 | $3,385 | $237,000 | $98,000 | $139,000 |
| 2017 | $2,912 | $209,000 | $77,000 | $132,000 |
| 2016 | $2,851 | $194,000 | $71,000 | $123,000 |
| 2015 | $2,952 | $202,000 | $79,000 | $123,000 |
| 2014 | -- | $186,000 | $75,000 | $111,000 |
Source: Public Records
Map
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