7421 12th Ave S Richfield, MN 55423
Estimated Value: $375,000 - $419,000
4
Beds
2
Baths
2,204
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- Deck
- Stainless Steel Appliances
- Walk-In Closet
- No HOA
- The kitchen features windows
- 3-minute walk to Wilson Park
About This Home
As of May 2024Seller is offering flexible financing options on this complete whole home remodel with a customized modern feel. Conventional financing, in addition to contract for deed or rent to own. Featuring custom White Oak cabinetry, vaulted ceiling with beams, custom built ins throughout and new appliances. Custom woodwork and wainscotting are protected by a premium hard enamel paint that will stand the test of time. Home does host a private primary bedroom with large walk in closet and en suite primary bathroom. Entertaining is at the heart of this home. A large kitchen, family / living and informal dining area connects to a large rear deck overlooking a fenced in large backyard. Significant storage resides within the home. Between creative cabinetry and repurposing space, this home maximizes the space for a balance of engagement, privacy and long term memories. Save the money on fees associated with banks closing costs and explore seller financing as aoption.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,321
Year Built
- Built in 1953
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 75x132
- Cross Fenced
Parking
- 2 Car Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Basement Window Egress
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- 150 Amp Service
Community Details
- No Home Owners Association
- South Murray Lane Subdivision
Listing and Financial Details
- Assessor Parcel Number 3502824420055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2024
Closed on
May 24, 2024
Sold by
7421 12Th Ave S Llc
Bought by
Osman Ikram
Seller's Agent
Daniel Scholtec
Westview Partners
Buyer's Agent
Anne Morey
Keller Williams Realty Integrity
List Price
$439,000
Sold Price
$419,000
Premium/Discount to List
-$20,000
-4.56%
Total Days on Market
20
Views
47
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,931
Avg. Annual Appreciation
-2.11%
Original Mortgage
$312,000
Outstanding Balance
$309,313
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$100,756
Purchase Details
Closed on
Nov 6, 2023
Sold by
Westview Partners Llc
Bought by
7421 12Th Ave S Llc
Purchase Details
Listed on
Sep 9, 2022
Closed on
Oct 19, 2022
Sold by
Estate Of Mary J Gronberg
Bought by
Westview Partners Llc
Seller's Agent
Douglas Herkenhoff
Edina Realty, Inc.
Buyer's Agent
Ryan Johnson
eXp Realty
List Price
$260,000
Sold Price
$252,000
Premium/Discount to List
-$8,000
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.51%
Purchase Details
Listed on
Sep 9, 2022
Closed on
Oct 12, 2022
Sold by
Gronberg Mary Jane
Bought by
Westview Partners Llc
Seller's Agent
Douglas Herkenhoff
Edina Realty, Inc.
Buyer's Agent
Ryan Johnson
eXp Realty
List Price
$260,000
Sold Price
$252,000
Premium/Discount to List
-$8,000
-3.08%
Purchase Details
Closed on
Aug 18, 2022
Sold by
Sheriff Of Hennepin County
Bought by
Open Mortgage Llc
Purchase Details
Closed on
Jul 27, 2020
Sold by
Gronberg Mary J and Mary J Gronberg Trust
Bought by
Gronberg Mary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
2.59%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osman Ikram | $419,000 | -- | |
| 7421 12Th Ave S Llc | $15,500 | None Listed On Document | |
| Westview Partners Llc | $252,000 | -- | |
| Westview Partners Llc | $252,000 | Premier Title | |
| Open Mortgage Llc | -- | -- | |
| Gronberg Mary J | -- | North Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Osman Ikram | $312,000 | |
| Previous Owner | Gronberg Mary J | $387,000 | |
| Previous Owner | Gronberg Mary J | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $419,000 | -2.3% | $190 / Sq Ft |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | Price Changed | $429,000 | -2.3% | $195 / Sq Ft |
| 04/11/2024 04/11/24 | For Sale | $439,000 | +74.2% | $199 / Sq Ft |
| 10/19/2022 10/19/22 | Sold | $252,000 | -3.1% | $162 / Sq Ft |
| 09/12/2022 09/12/22 | Pending | -- | -- | -- |
| 09/09/2022 09/09/22 | For Sale | $260,000 | -- | $167 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,989 | $288,000 | $118,000 | $170,000 |
| 2022 | $3,112 | $289,000 | $112,000 | $177,000 |
| 2021 | $2,887 | $258,000 | $103,000 | $155,000 |
| 2020 | $2,941 | $241,000 | $94,000 | $147,000 |
| 2019 | $3,469 | $236,000 | $96,000 | $140,000 |
| 2018 | $3,349 | $221,000 | $83,000 | $138,000 |
| 2017 | $2,977 | $191,000 | $70,000 | $121,000 |
| 2016 | $2,848 | $173,000 | $65,000 | $108,000 |
| 2015 | $2,763 | $166,000 | $58,000 | $108,000 |
| 2014 | -- | $151,000 | $56,000 | $95,000 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Scholtec
D
Seller's Agent in 2024
Daniel Scholtec
Westview Partners
(952) 484-5244
1 in this area
2 Total Sales
-
Anne Morey
Buyer's Agent in 2024
Anne Morey
Keller Williams Realty Integrity
(612) 386-4506
9 in this area
22 Total Sales
-
Douglas Herkenhoff
Seller's Agent in 2022
Douglas Herkenhoff
Edina Realty, Inc.
(612) 865-3770
1 in this area
75 Total Sales
-
Ryan Johnson
Buyer's Agent in 2022
Ryan Johnson
eXp Realty
(612) 816-5764
1 in this area
122 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6517806
APN: 35-028-24-42-0055
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