7412 Colfax Ave S Richfield, MN 55423
Estimated Value: $355,000 - $361,160
3
Beds
1
Bath
1,815
Sq Ft
$197/Sq Ft
Est. Value
About This Home
This home is located at 7412 Colfax Ave S, Richfield, MN 55423 and is currently estimated at $357,040, approximately $196 per square foot. 7412 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
Jan 14, 2022
Sold by
Siler Erin M
Bought by
Mitchell William
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Outstanding Balance
$209,072
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$147,968
Purchase Details
Closed on
Oct 29, 2018
Sold by
Gift Gary H and Jenks Anna
Bought by
Siler Erin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2003
Sold by
Berres Gary L and Berres Stacy L
Bought by
Gift Gary H
Purchase Details
Closed on
Jan 26, 1998
Sold by
Kassuelke Warren D and Kassuelke Megan R
Bought by
Berres Gary L and Berres Stacy L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell William | $325,000 | Edina Realty Title Inc | |
| Siler Erin M | $249,900 | Watermark Title Agency | |
| Gift Gary H | $610,000 | -- | |
| Berres Gary L | $108,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mitchell William | $227,500 | |
| Previous Owner | Siler Erin M | $199,920 |
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 | $4,635 | $333,700 | $150,300 | $183,400 |
| 2023 | $4,384 | $323,600 | $136,800 | $186,800 |
| 2022 | $3,691 | $323,000 | $142,000 | $181,000 |
| 2021 | $3,489 | $270,000 | $116,000 | $154,000 |
| 2020 | $3,440 | $254,000 | $106,000 | $148,000 |
| 2019 | $2,951 | $241,000 | $105,000 | $136,000 |
| 2018 | $2,812 | $207,000 | $98,000 | $109,000 |
| 2017 | $2,370 | $176,000 | $77,000 | $99,000 |
| 2016 | $2,239 | $159,000 | $71,000 | $88,000 |
| 2015 | $2,348 | $167,000 | $79,000 | $88,000 |
| 2014 | -- | $150,000 | $75,000 | $75,000 |
Source: Public Records
Map
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