NOT LISTED FOR SALE

7420 Elliot Ave S Richfield, MN 55423

Richfield Area

Estimated Value: $313,848

3 Beds
1 Bath
1,306 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2023

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

Est. 12% increase in value since last sale

Current estimated payment $2,253 / mo

About This Home

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.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 29, 2023
Sold by
Luoma Carl
Bought by
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
$313,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,848
Avg. Annual Appreciation
4.25%

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
$22,444
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 4, 2009
Sold by
Hall Raymond W
Bought by
Luoma Eric E and 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
$176,739
Interest Rate
5.25%
Mortgage Type
FHA

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Richfield, MN

  • Tiffhanie Zheng Real Estate Agent - RE/MAX Results

    Tiffhanie Zheng

    RE/MAX Results

    (612) 441-3109

    116 Total Sales

    1 in Richfield

    $335,000 Price

    Tiffhanie Zheng
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  • John Ahnemann Real Estate Agent - Keller Williams Realty Integrity Lakes

    John Ahnemann

    Keller Williams Realty Integrity Lakes

    (651) 615-6755

    103 Total Sales

    2 in Richfield

    $160K - $423K Price Range

    John Ahnemann
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  • Justin Long Real Estate Agent - Real Broker, LLC

    Justin Long

    Real Broker, LLC

    (612) 662-9941

    59 Total Sales

    1 in Richfield

    $155,000 Price

    Justin Long
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  • Valerie Rydland Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Valerie Rydland

    Coldwell Banker Realty - Southwest Regional

    (763) 292-3095

    104 Total Sales

    2 in Richfield

    $270K - $325K Price Range

    Valerie Rydland
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  • Judy Solstad Real Estate Agent - Coldwell Banker Realty - Southwest Regional

    Judy Solstad

    Coldwell Banker Realty - Southwest Regional

    (888) 681-8870

    27 Total Sales

    1 in Richfield

    $275,000 Price

    Judy Solstad
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  • Juila Wang Real Estate Agent - Keller Williams Classic Realty

    Juila Wang

    Keller Williams Classic Realty

    (651) 409-1030

    68 Total Sales

    1 in Richfield

    $250,000 Price

    Juila Wang
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 --
Kiewel Jessica $280,000 Titlesmart
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $180,000
Previous Owner Luoma Carl P $22,444
Previous Owner Luoma Carl P $177,600
Previous Owner Luoma Eric E $176,739
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $280,000 -5.1% $214 / Sq Ft View Prior Sale
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,620 $286,200 $131,000 $155,200
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

  • DS

    Seller's Agent in 2023

    Deborah Soucheray

    Coldwell Banker Burnet

    Section Image
  • David Saint Germain Real Estate Agent - MetroHomesMarket.com

    Buyer's Agent in 2023

    David Saint Germain

    MetroHomesMarket.com

    (952) 210-6962

    96 Total Sales

    David Saint Germain
    Section Image
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Map

Minnesota Hennepin County Richfield 55423

7420 Elliot Ave S, Richfield, MN

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.

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