NOT LISTED FOR SALE

7421 12th Ave S Richfield, MN 55423

Estimated Value: $358,000 - $434,765

4 Beds
2 Baths
2,204 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $419,000 $190 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,475/month

20 Days on Market

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 2024

Seller 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.

Last Agent to Sell the Property

Daniel Scholtec

Westview Partners Listed on: 04/11/2024

Last Buyer's Agent

Anne Morey

Keller Williams Realty Integrity

Keller Williams Realty Integrity

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,321

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 1102
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2204
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1102
  • Basement YN: Yes
  • Dining Room Type: Mud Room, Family Room, Living Room, Bedroom 1, Bedroom 2, Kitchen, Bathroom, Laundry, Bedroom 3, Bedroom 4, Walk In Closet, Primary Bathroom

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Cross Fenced
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener
  • Garage Square Feet: 396
  • ParkingOpen: 1
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Tile Floors,Vaulted Ceiling(s)

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x132
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3502824420055
  • Tax Annual Amount: 3321
  • TaxWithAssessments: 3321.0000

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%
Views
47
Current Estimated Value
$391,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,543
Avg. Annual Appreciation
-1.76%
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
18.92%

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
Source: Public Records

Range of Values:

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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
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

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 $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

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Map

Source: NorthstarMLS

MLS Number: 6517806

NorthstarMLS

APN: 35-028-24-42-0055