NOT LISTED FOR SALE

7420 16th Ave S Richfield, MN 55423

Estimated Value: $382,000 - $436,492

4 Beds
1 Bath
1,582 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 7420 16th Ave S, Richfield, MN 55423 and is currently estimated at $406,623, approximately $257 per square foot. 7420 16th Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Knack Spencer and Knack Madison S
Bought by
Knack Spencer S and Knack Madison S
Current Estimated Value
$406,623

Purchase Details

Closed on
May 24, 2022
Sold by
Litwinczuk Stefan and Litwinczuk Joliene
Bought by
Knack Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2022
Sold by
Litwinczuk and Joliene
Bought by
Knack Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2016
Sold by
Rayman Rebecca A and Rayman Scott G
Bought by
Litwinczuk Joliene and Litwinczuk Stefan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2005
Sold by
Rayman George H and Rayman Velna M
Bought by
Rayman Scott G and Rayman Rebecca A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Knack Spencer S $500 None Listed On Document
Knack Spencer $417,000 --
Knack Spencer $417,000 Minnesota Title
Litwinczuk Joliene $210,000 Minnesota Title
Rayman Scott G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knack Spencer $217,000
Previous Owner Knack Spencer $217,000
Previous Owner Litwinczuk Joliene $193,022
Previous Owner Litwinczuk Joliene $206,196
Source: Public Records

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
2023 $5,163 $375,700 $112,100 $263,600
2022 $3,597 $293,000 $106,000 $187,000
2021 $3,395 $264,000 $98,000 $166,000
2020 $3,358 $248,000 $89,000 $159,000
2019 $3,320 $236,000 $91,000 $145,000
2018 $3,098 $229,000 $79,000 $150,000
2017 $2,617 $191,000 $67,000 $124,000
2016 $2,536 $176,000 $62,000 $114,000
2015 $2,383 $169,000 $55,000 $114,000
2014 -- $153,000 $53,000 $100,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7420 16th Ave S, Richfield, MN

This home is located at 7420 16th Ave S, Richfield, MN 55423 and is currently estimated at $406,623, approximately $257 per square foot. 7420 16th Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes