NOT LISTED FOR SALE

7415 Xerxes Ave S Richfield, MN 55423

Estimated Value: $311,000 - $335,000

2 Beds
1 Bath
1,037 Sq Ft
$312/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $282,400 $272 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,022/month

Highlights

  • No HOA
  • Living Room
  • Family Room
  • The kitchen features windows
  • 1-Story Property

About This Home

As of October 2022

Amazing 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!

Last Agent to Sell the Property

Jonathan Wolf

eXp Realty Listed on: 09/09/2022

eXp Realty

Last Buyer's Agent

Rick Chen

Redfin Corporation

Redfin Corporation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,983

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 738
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Washer
  • Living Area: 1037
  • Fireplace: No
  • Below Grade Finished Sq Ft: 299
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 1476.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 250

Utilities

  • Heating: Gravity
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Patio

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x133
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3202824420078
  • Tax Annual Amount: 2983
  • TaxWithAssessments: 2983.0000

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
Redfin Corporation
List Price
$289,900
Sold Price
$282,400
Premium/Discount to List
-$7,500
-2.59%
Current Estimated Value
$323,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,540
Avg. Annual Appreciation
4.76%
Original Mortgage
$240,040
Outstanding Balance
$230,746
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$93,194

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
6.57%
Original Mortgage
$147,250
Interest Rate
4.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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 $189,050
Previous Owner Wambach Brian J $162,925
Previous Owner Swertel Derick $147,250
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

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 $3,654 $269,200 $143,000 $126,200
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

    77 Total Sales

    Jonathan Wolf
    Section Image

  • R

    Buyer's Agent in 2022

    Rick Chen

    Redfin Corporation

    Rick Chen
    Section Image

  • L

    Seller's Agent in 2014

    Laura Randall

    Roger Fazendin REALTORS, Inc

  • E

    Buyer's Agent in 2014

    Emily Elmore

    Edina Realty, Inc.

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6257022

NorthstarMLS

APN: 32-028-24-42-0078

Minnesota Hennepin County Richfield 55423

7415 Xerxes Ave S, Richfield, MN

This home is located at 7415 Xerxes Ave S, Richfield, MN 55423 since 09 September 2022 and is currently estimated at $323,940, approximately $312 per square foot. This property was built in 1949. 7415 Xerxes 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.

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