NOT LISTED FOR SALE

7422 5th Ave S Richfield, MN 55423

Estimated Value: $341,000 - $356,000

3 Beds
2 Baths
1,144 Sq Ft
$306/Sq Ft Est. Value

About This Home

This home is located at 7422 5th Ave S, Richfield, MN 55423 and is currently estimated at $349,899, approximately $305 per square foot. 7422 5th 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2018
Sold by
Scheppard Mary Jane
Bought by
Lemke Nathan and Lemke Emily
Current Estimated Value
$349,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,875
Outstanding Balance
$207,452
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$142,447

Purchase Details

Closed on
Sep 8, 1998
Sold by
Grodem Ralph D
Bought by
Scheppard Mary Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lemke Nathan $252,500 Edina Realty Title Inc
Scheppard Mary Jane $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemke Nathan $239,875
Source: Public Records

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
2024 $3,960 $288,700 $98,100 $190,600
2023 $3,914 $290,000 $104,400 $185,600
2022 $3,554 $291,000 $108,000 $183,000
2021 $3,428 $259,000 $99,000 $160,000
2020 $3,474 $248,000 $93,000 $155,000
2019 $3,556 $241,000 $92,000 $149,000
2018 $3,437 $241,000 $87,000 $154,000
2017 $2,895 $206,000 $72,000 $134,000
2016 $2,722 $185,000 $65,000 $120,000
2015 $2,583 $179,000 $59,000 $120,000
2014 -- $157,000 $51,000 $106,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7422 5th Ave S, Richfield, MN

Not Listed for Sale

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