NOT LISTED FOR SALE

7408 Park Ave Richfield, MN 55423

Estimated Value: $352,000 - $435,000

4 Beds
2 Baths
1,826 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $180,000 $99 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,448/month

39 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Woodwork
  • Wood Flooring
  • Eat-In Kitchen
  • Patio

About This Home

As of May 2012

Great location, lots of amenities, so well maintained! Brand new stainless appliances, newly refinished hardwood floors, freshly painted. Ready for you to move right in! The charm of a 1 1/2 story with TWO additions= 4 bedrooms and lots of storage!

Last Agent to Sell the Property

Steven Fiorella

RE/MAX Results Listed on: 02/28/2012

Last Buyer's Agent

Jaclyn Ayde

Weichert, Realtors-Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75 x 133.8
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Woodwork
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier

Additional Features

  • Patio
  • Property is near public transit

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 992
  • Mechanicals: Furnace Humidifier
  • Projected Closed Date: 05/15/2012
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 2859.66
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x11, On Level: Main
  • Room 2: Dining Room, 15x12, On Level: Main
  • Room 3: Family Room, 26x10, On Level: Lower
  • Room 4: Kitchen, 15x10, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 11x9, On Level: Main
  • Room 7: 13x10, On Level: Upper
  • Room 8: Bedroom, 11x7, On Level: Upper
  • Room 9: Patio, 24x8, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1520
  • Below Grade Finished Sq Ft: 306
  • Total Fin Square Footage: 1826

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75 X 133.8
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2011
  • Tax Value: 2860

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2012
Closed on
May 14, 2012
Sold by
Hand Dominic J and Hand Megan
Bought by
Khentse Tenzin and Bhuti Dawa
Seller's Agent
Steven Fiorella
RE/MAX Results
Buyer's Agent
Jaclyn Ayde
Weichert, Realtors-Advantage
List Price
$199,737
Sold Price
$180,000
Premium/Discount to List
-$19,737
-9.88%
Current Estimated Value
$383,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,165
Avg. Annual Appreciation
5.83%
Original Mortgage
$176,739
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2001
Sold by
Teeselink Dean B and Teeselink Dawn J
Bought by
Hand Dominic J
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
Khentse Tenzin $180,000 Home Title
Hand Dominic J $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khentse Tenzin $155,900
Closed Gonpatse Tenzin Khentse $176,383
Previous Owner Khentse Tenzin $176,739
Previous Owner Hand Dominic J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $180,000 -9.9% $99 / Sq Ft
04/07/2012 04/07/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $199,737 -- $109 / 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 $4,324 $317,300 $119,000 $198,300
2022 $4,023 $309,000 $115,000 $194,000
2021 $3,745 $289,000 $117,000 $172,000
2020 $3,738 $268,000 $101,000 $167,000
2019 $3,657 $257,000 $104,000 $153,000
2018 $3,328 $247,000 $92,000 $155,000
2017 $2,812 $201,000 $69,000 $132,000
2016 $2,829 $191,000 $70,000 $121,000
2015 $2,688 $185,000 $64,000 $121,000
2014 -- $171,000 $64,000 $107,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Steven Fiorella

    RE/MAX

  • J

    Buyer's Agent in 2012

    Jaclyn Ayde

    Weichert, Realtors-Advantage

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4107915

REALTOR® Association of Southern Minnesota

APN: 35-028-24-32-0109

Minnesota Hennepin County Richfield 55423

7408 Park Ave, Richfield, MN

This home is located at 7408 Park Ave, Richfield, MN 55423 since 28 February 2012 and is currently estimated at $383,165, approximately $209 per square foot. This property was built in 1950. 7408 Park Ave 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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