NOT LISTED FOR SALE

7420 17th Ave S Richfield, MN 55423

Estimated Value: $367,000 - $451,378

5 Beds
2 Baths
2,274 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $400,000 $176 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,578/month

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • 1-Story Property
  • 5-minute walk to Washington Park

About This Home

As of September 2022

This home is located at 7420 17th Ave S, Richfield, MN 55423 since 18 May 2022 and is currently estimated at $405,095, approximately $178 per square foot. This property was built in 1957. 7420 17th Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.

Last Agent to Sell the Property

Taylor Doolittle

RE/MAX Results Listed on: 05/18/2022

RE/MAX Results

Last Buyer's Agent

Kevin Knudsen

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x133

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3502824410038

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,635

Year Built

Built in 1957

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
  • Water Source: City Water/Connected
  • Association Amenities: Patio
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 1137
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 2274
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1137
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Patio

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x133
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 3502824410038
  • Tax Annual Amount: 3635
  • TaxWithAssessments: 3635.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Oct 25, 2022
Sold by
Yusuf Mohammed Osman
Bought by
Omar Fowzia
Seller's Agent
Taylor Doolittle
RE/MAX Results
Buyer's Agent
Kevin Knudsen
Coldwell Banker Realty
List Price
$400,000
Sold Price
$400,000
Total Days on Market
0
Current Estimated Value
$405,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,095
Avg. Annual Appreciation
0.05%
Original Mortgage
$292,000
Outstanding Balance
$280,955
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$119,677

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 12, 2022
Sold by
Yusuf Mohammed
Bought by
Omar Fowzia
Seller's Agent
Taylor Doolittle
RE/MAX Results
Buyer's Agent
Kevin Knudsen
Coldwell Banker Realty
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$280,955
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$119,677

Purchase Details

Closed on
Oct 27, 2020
Sold by
2800 Llc
Bought by
Elmer R Salovich Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2012
Sold by
Hopfenspirger Larry and Dryden Beth
Bought by
2800 Llc and Elmer R Salovich Revocable Living Trust

Purchase Details

Closed on
Oct 12, 2011
Sold by
Flores-Juarez Dario
Bought by
Bmo Harris Bank Na
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
Omar Fowzia -- --
Omar Fowzia $400,000 --
Elmer R Salovich Revocable Living Trust $300,000 Commercial Partners Ttl Llc
2800 Llc -- Commercial Partners Title Ll
Hopfenspirger Larry $61,500 Home Title
Bmo Harris Bank Na $95,000 --
Bmo Harris Bank Na $95,000 None Available
Yusuf Mohammed Mohammed $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omar Fowzia $292,000
Closed Omar Fowzia $400,000
Previous Owner Elmer R Salovich Revocable Living Trust $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $400,000 0.0% $176 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $400,000 -- $176 / 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
2023 $4,499 $308,200 $112,100 $196,100
2022 $3,802 $300,000 $106,000 $194,000
2021 $3,635 $266,000 $98,000 $168,000
2020 $3,743 $251,000 $89,000 $162,000
2019 $3,596 $247,000 $91,000 $156,000
2018 $3,560 $232,000 $79,000 $153,000
2017 $3,122 $206,000 $67,000 $139,000
2016 $3,027 $187,000 $62,000 $125,000
2015 $2,877 $180,000 $55,000 $125,000
2014 -- $162,000 $53,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6197192

NorthstarMLS

APN: 35-028-24-41-0038