7415 Xerxes Ave S Richfield, MN 55423
Estimated Value: $290,000 - $333,000
2
Beds
1
Bath
1,037
Sq Ft
$308/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Family Room
- The kitchen features windows
- 1-Story Property
About This Home
As of October 2022Amazing location on the Richfield/Edina border near Southdale Shopping Center! This quaint home is filled with tons of thoughtful updates including a fully remodeled main floor bath, kitchen updates, light fixtures, newer windows, exterior paint, pex plumbing and more! The home also features hardwood floors on main level and a relaxing patio that overlooks the huge fenced in backyard. Come see it for yourself!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,983
Year Built
- Built in 1949
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 75x133
Parking
- 1 Car Garage
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Gravity Heating System
Community Details
- No Home Owners Association
- Penn Lake Terrace 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3202824420078
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2022
Closed on
Oct 20, 2022
Sold by
Finkle Ryan A
Bought by
Reinhardt Tanner
Seller's Agent
Jonathan Wolf
eXp Realty
Buyer's Agent
Rick Chen
Fuze Real Estate
List Price
$289,900
Sold Price
$282,400
Premium/Discount to List
-$7,500
-2.59%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,808
Avg. Annual Appreciation
4.79%
Original Mortgage
$240,040
Outstanding Balance
$232,734
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$86,474
Purchase Details
Closed on
Mar 14, 2018
Sold by
Wambach Michelle and Wambach Brain J
Bought by
Finkle Ryan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,050
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2015
Sold by
Swertel Derick and Swertel Megan
Bought by
Wambach Brian J and Wambach Gerald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,925
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 11, 2013
Closed on
Mar 7, 2014
Sold by
Schmidt Jeffrey S and Schmidt Bethann
Bought by
Swertel Derick and Swertel Megan
Seller's Agent
Laura Randall
Roger Fazendin REALTORS, Inc
Buyer's Agent
Emily Elmore
Edina Realty, Inc.
List Price
$164,900
Sold Price
$155,000
Premium/Discount to List
-$9,900
-6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$147,250
Interest Rate
4.24%
Mortgage Type
New Conventional
Similar Homes in Richfield, MN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reinhardt Tanner | $282,400 | First American Title | |
| Finkle Ryan A | $199,000 | Gibraltar Title | |
| Wambach Brian J | $171,500 | Partners Title Maple Grove | |
| Swertel Derick | $155,000 | Minnetonka Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reinhardt Tanner | $240,040 | |
| Previous Owner | Finkle Ryan A | $187,500 | |
| Previous Owner | Finkle Ryan A | $189,050 | |
| Previous Owner | Wambach Brian J | $162,925 | |
| Previous Owner | Swertel Derick | $147,250 | |
| Previous Owner | Schmidt Jeffrey S | $22,752 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2022 10/20/22 | Sold | $282,400 | -2.6% | $272 / Sq Ft |
| 09/05/2022 09/05/22 | Pending | -- | -- | -- |
| 09/05/2022 09/05/22 | For Sale | $289,900 | +87.0% | $280 / Sq Ft |
| 03/07/2014 03/07/14 | Sold | $155,000 | -6.0% | $142 / Sq Ft |
| 02/10/2014 02/10/14 | Pending | -- | -- | -- |
| 10/11/2013 10/11/13 | For Sale | $164,900 | -- | $151 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2023 | $3,888 | $288,600 | $158,000 | $130,600 |
| 2022 | $2,983 | $264,000 | $138,000 | $126,000 |
| 2021 | $2,772 | $223,000 | $117,000 | $106,000 |
| 2020 | $2,837 | $207,000 | $107,000 | $100,000 |
| 2019 | $2,670 | $203,000 | $108,000 | $95,000 |
| 2018 | $2,399 | $189,000 | $101,000 | $88,000 |
| 2017 | $2,042 | $155,000 | $79,000 | $76,000 |
| 2016 | $2,079 | $149,000 | $80,000 | $69,000 |
| 2015 | $1,862 | $138,000 | $72,000 | $66,000 |
| 2014 | -- | $130,000 | $75,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Wolf
Seller's Agent in 2022
Jonathan Wolf
eXp Realty
(708) 275-7653
1 in this area
82 Total Sales
-
Rick Chen
Buyer's Agent in 2022
Rick Chen
Fuze Real Estate
(651) 246-8940
1 in this area
82 Total Sales
-
L
Seller's Agent in 2014
Laura Randall
Roger Fazendin REALTORS, Inc
-
E
Buyer's Agent in 2014
Emily Elmore
Edina Realty, Inc.
Map
Source: NorthstarMLS
MLS Number: 6257022
APN: 32-028-24-42-0078
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