NOT LISTED FOR SALE

7420 Elliot Ave S Richfield, MN 55423

Estimated Value: $262,000 - $320,000

3 Beds
1 Bath
1,306 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $280,000 $214 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,846/month

31 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances
  • Recreation Room
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2023

Affordable living in a great location! Cozy home in a quiet neighborhood with a light-filled living room, generous-sized primary bedroom, 2nd bedroom, bath and kitchen on main floor along with hardwood floors. The upper level 3rd bedroom is spacious and occupies the entire top floor. The lower level has a large recreation room with new carpeting and is ready for entertaining. Also on the lower level is the utility/laundry room with ample storage. The fully-fenced backyard is a wonderful play area for kids or dogs. Conveniently located near Highways 494, 62, 35W and 77 - so easy to travel anywhere in the Twin Cities. Minutes away from MSP Airport, Mall of America and other shopping.

Last Agent to Sell the Property

Deborah Soucheray

Coldwell Banker Realty Brokerage Phone: 651-263-0552 Listed on: 10/26/2023

Coldwell Banker Realty

Last Buyer's Agent

David Saint Germain

MetroHomesMarket.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 1951

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 132x75
  • Chain Link Fence

Parking

  • 1 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Recreation Room
  • Loft
  • Storage Room
  • Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3502824310116

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,481

Year Built

Built in 1951

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
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 940
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Attribution Contact: 651-263-0552
  • Attribution Contact: 651-263-0552
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1306
  • Fireplace: No
  • Below Grade Finished Sq Ft: 366
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Recreation Room, Loft, Laundry, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Asphalt

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 132x75
  • 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: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3502824310116
  • Tax Annual Amount: 3481
  • TaxWithAssessments: 3481.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 29, 2023
Sold by
Luoma Carl
Bought by
Kiewel Jessica
Seller's Agent
Deborah Soucheray
Coldwell Banker Realty
Buyer's Agent
David Saint Germain
MetroHomesMarket.com
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Views
66
Current Estimated Value
$298,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,118
Avg. Annual Appreciation
3.06%
Original Mortgage
$271,600
Outstanding Balance
$267,271
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$30,848

Purchase Details

Closed on
Oct 11, 2017
Sold by
Luoma Eric E and Luoma Carl P
Bought by
Luoma Carl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2009
Sold by
Hall Raymond W
Bought by
Luoma Eric E and Luoma Carl P

Purchase Details

Closed on
Apr 20, 2009
Sold by
Sutton Funding Llc
Bought by
Hall Raymond W

Purchase Details

Closed on
Jun 23, 2005
Sold by
Arnold Nathan I
Bought by
Smith Andrea I

Purchase Details

Closed on
May 11, 2000
Sold by
Estate Of Katherine M Nelson
Bought by
Arnold Nathan I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kiewel Jessica $280,000 --
Luoma Carl P -- First American Title Ins Co
Luoma Eric E $180,000 --
Hall Raymond W $90,000 --
Smith Andrea I $209,000 --
Arnold Nathan I $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiewel Jessica $271,600
Previous Owner Luoma Carl P $177,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $280,000 -5.1% $214 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $294,900 -1.4% $226 / Sq Ft
10/28/2023 10/28/23 For Sale $299,000 -- $229 / Sq Ft
Source: NorthstarMLS

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 $3,567 $263,800 $115,000 $148,800
2023 $3,615 $270,200 $119,000 $151,200
2022 $3,304 $261,000 $115,000 $146,000
2021 $2,969 $243,000 $117,000 $126,000
2020 $3,059 $219,000 $101,000 $118,000
2019 $2,760 $216,000 $104,000 $112,000
2018 $2,623 $194,000 $92,000 $102,000
2017 $2,149 $161,000 $69,000 $92,000
2016 $2,226 $157,000 $70,000 $87,000
2015 $2,094 $151,000 $64,000 $87,000
2014 -- $138,000 $64,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6411987

NorthstarMLS

APN: 35-028-24-31-0116