NOT LISTED FOR SALE

7427 Xerxes Ave S Richfield, MN 55423

Estimated Value: $299,000 - $349,208

3 Beds
2 Baths
1,192 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $315,000 $264 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,094/month

49 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Family Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Property is Fully Fenced

About This Home

As of March 2024

Welcome home to this charming 3-bedroom, 2-bathroom rambler located in West Richfield! This home features hard-wood flooring, an updated kitchen, and bonus finished living space in the basement. The large backyard is fully fenced in with a patio and mature trees for added privacy. This home is conveniently located near shopping, parks, and a short walk away from Centennial Lakes. Come check it out today!

Last Agent to Sell the Property

Meghan Rossiter

Coldwell Banker Realty Brokerage Phone: 612-220-3659 Listed on: 12/01/2023

Coldwell Banker Realty

Last Buyer's Agent

Kerby Skurat

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 1949

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x133
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Penn Lake Terrace 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3202824420076

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,826

Year Built

Built in 1949

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: 1949
  • Above Grade Finished Sq Ft: 749
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-220-3659
  • Attribution Contact: 612-220-3659
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1192
  • Fireplace: No
  • Below Grade Finished Sq Ft: 443
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Fencing: Chain Link, Full

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 420

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75x133
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3202824420076
  • Tax Annual Amount: 3826
  • TaxWithAssessments: 3826.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 27, 2024
Sold by
Ryks Jaxyn and Ryks Olivia
Bought by
Boman Joseph and Boman Samantha
Seller's Agent
Meghan Rossiter
Coldwell Banker Realty
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%
Total Days on Market
49
Views
209
Current Estimated Value
$325,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,552
Avg. Annual Appreciation
2.67%
Original Mortgage
$305,500
Outstanding Balance
$301,902
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$23,650

Purchase Details

Closed on
Dec 11, 2020
Sold by
Thompson Kyle David
Bought by
Ryks Jaxyn and Ryks Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2018
Sold by
S&E Llc
Bought by
Thopson Kyle David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,200
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2017
Sold by
Fannie Mae
Bought by
S And E Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2016
Sold by
Lakeview Loan Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2016
Sold by
Adkins Daniel A and Adkins Michele L
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Oct 21, 2005
Sold by
Daly Michael F and Daly Roberta L
Bought by
Adkins Daniel A and Adkins Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Boman Joseph $315,000 --
Ryks Jaxyn $260,000 Executive Title
Thopson Kyle David $216,000 Burnet Title
S And E Llc -- First American Title Ins Co
Federal National Mortgage Association -- Attorney
Lakeview Loan Servicing Llc $115,677 Attorney
Adkins Daniel A $165,000 --
Ryks Jaxyn Jaxyn $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boman Joseph $305,500
Previous Owner Ryks Jaxyn $234,000
Previous Owner Thopson Kyle David $16,200
Previous Owner S E Llc $40,962
Previous Owner S And E Llc $171,000
Previous Owner Adkins Daniel A $132,000
Closed Ryks Jaxyn Jaxyn $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $315,000 +1.6% $264 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $310,000 -- $260 / 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 $4,395 $322,200 $158,000 $164,200
2022 $3,420 $297,000 $138,000 $159,000
2021 $3,229 $251,000 $117,000 $134,000
2020 $3,419 $236,000 $107,000 $129,000
2019 $3,389 $224,000 $108,000 $116,000
2018 $2,868 $217,000 $101,000 $116,000
2017 $2,475 $162,000 $79,000 $83,000
2016 $2,528 $155,000 $80,000 $75,000
2015 $2,369 $147,000 $72,000 $75,000
2014 -- $137,000 $75,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6465004

NorthstarMLS

APN: 32-028-24-42-0076