$155,000
SOLD MAR 7, 2014

7415 Xerxes Ave S Richfield, MN 55423

2 Beds
1 Bath
1,089 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

6% Below List Price

122 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of October 2022

Charming home in great Richfield location close to parks & Southdale Center. Nice floor plan with lots of natural light. New windows, appliances, washer/dryer, garage door w/opener, and lower lvl carpet! Freshly painted, hardwood flrs, fenced in backyard.

Last Agent to Sell the Property

Laura Randall

Roger Fazendin REALTORS, Inc Listed on: 10/11/2013

Last Buyer's Agent

Emily Elmore

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,654

Year Built

  • 1949

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x133
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Window Unit Cooling System
  • Gravity Heating System

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3202824420078

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,654

Year Built

1949

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 468
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 806
  • Parcel Number: 3202824420078
  • Projected Closed Date: 03/07/2014
  • Stories: 1 Story
  • Taxes With Assessments: 2774
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x11, On Level: Main
  • Room 3: Family Room, 28x11, On Level: Lower
  • Room 4: Kitchen, 13x08, On Level: Main
  • Room 5: Bedroom, 12x09, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Basement Features: Partially Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 806
  • Below Grade Finished Sq Ft: 283
  • Total Fin Square Footage: 1089

Exterior Features

  • Frontage Road: City
  • Exterior: Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Gravity
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75x133
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

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
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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 Type Sale Price Title Company
Warranty Deed $282,400 First American Title
Warranty Deed $199,000 Gibraltar Title
Warranty Deed $171,500 Partners Title Maple Grove
Warranty Deed $155,000 Minnetonka Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,040 New Conventional
Previous Owner $189,050 New Conventional
Previous Owner $162,925 New Conventional
Previous Owner $147,250 New Conventional
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: 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
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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4550718

REALTOR® Association of Southern Minnesota

APN: 32-028-24-42-0078