$442,000
SOLD FEB 26, 2025

7416 5th Ave S Richfield, MN 55423

5 Beds
2 Baths
2,300 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

2% Below List Price

0 Day on Market

Highlights

  • 2 Fireplaces
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of February 2025

This stunning, fully remodeled five-bedroom, two-bathroom home offers a modern and fresh design, perfect for contemporary living. Nestled in a quiet, friendly neighborhood, it provides a peaceful atmosphere while remaining conveniently close to Main Street, public transportation, and easy access to Highway 35.

Last Agent to Sell the Property

Wilson Molina

Molina Realtors Listed on: 02/19/2025

Last Buyer's Agent

Wilson Molina

Molina Realtors Listed on: 02/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3402824410035

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,876

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 1200
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Living Area: 2300
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1100
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 200

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x130
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3402824410035
  • Tax Annual Amount: 3876
  • TaxWithAssessments: 4640.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 27, 2025
Sold by
Molina Investment Group Llc
Bought by
Hashi Qadra M
Seller's Agent
Wilson Molina
Molina Realtors
Buyer's Agent
Wilson Molina
Molina Realtors
List Price
$450,000
Sold Price
$442,000
Premium/Discount to List
-$8,000
-1.78%
Current Estimated Value
$436,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,347
Avg. Annual Appreciation
-2.12%
Original Mortgage
$441,849
Outstanding Balance
$441,461
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$5,013

Purchase Details

Closed on
Sep 13, 2024
Sold by
Alabama 2 Llc
Bought by
Citigroup Mortgage Loan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2024
Sold by
Alabama 2 Llc
Bought by
Molina Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2024
Sold by
Willman Christine A
Bought by
Blackstone 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2024
Sold by
Willman Christine A
Bought by
American Equity Mortgage Inc

Purchase Details

Closed on
Feb 23, 2024
Sold by
Willman Christine A
Bought by
American Equity Mortgage Inc

Purchase Details

Closed on
Mar 30, 2001
Sold by
Roberts James D
Bought by
Willman Christine A

Purchase Details

Closed on
Oct 25, 1996
Sold by
Commers Fred and Commers Mary H
Bought by
Roberts James D
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 Type Sale Price Title Company
Warranty Deed $450,000 West Title
Sheriffs Deed $232,897 --
Deed $270,000 --
Quit Claim Deed $500 West Title
Sheriffs Deed $173,202 --
Sheriffs Deed $173,202 --
Warranty Deed $162,700 --
Warranty Deed $4,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,849 New Conventional
Previous Owner $500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $442,000 -1.8% $192 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $450,000 -- $196 / 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 $3,873 $283,200 $98,100 $185,100
2023 $4,640 $287,600 $104,400 $183,200
2022 $4,071 $285,000 $108,000 $177,000
2021 $3,270 $253,000 $99,000 $154,000
2020 $4,318 $238,000 $93,000 $145,000
2019 $4,254 $240,000 $92,000 $148,000
2018 $4,787 $228,000 $87,000 $141,000
2017 $3,409 $198,000 $72,000 $126,000
2016 $2,580 $177,000 $65,000 $112,000
2015 $3,254 $171,000 $59,000 $112,000
2014 -- $148,000 $51,000 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6673163

NorthstarMLS

APN: 34-028-24-41-0035