NOT LISTED FOR SALE

7439 Xerxes Ave S Richfield, MN 55423

Estimated Value: $329,000 - $347,000

2 Beds
1 Bath
1,238 Sq Ft
$275/Sq Ft Est. Value

Last Sold March 21, 2012

Last sale price $100,000 $81 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $2,179/month

55 Days on Market

Highlights

  • Property is near public transit
  • Formal Dining Room
  • Landscaped with Trees
  • Wood Flooring
  • 1 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of March 2012

Cute rambler, wonderful yard, close to shopping, schools & parks. Minutes from Southdale. Fresh paint on main level, new carpet in dining room, upgraded electric 2011, quick closing. See Supplement.

Last Agent to Sell the Property

Laurie Vinge

Edina Realty, Inc. Listed on: 01/06/2012

Last Buyer's Agent

Amy Westerlund

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,435

Year Built

  • 1949

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75 x 132.9
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Finished Basement
  • Partial Basement
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Property is near public transit
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,435

Year Built

1949

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 1040
  • Projected Closed Date: 03/21/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2068
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 18x11, On Level: Main
  • Room 2: Dining Room, 13x13, On Level: Main
  • Room 3: Family Room, 18x11, On Level: Lower
  • Room 4: Kitchen, 14x9, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 9: Porch, 12x8, On Level: Main
  • Basement Features: Finished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1040
  • Below Grade Finished Sq Ft: 198
  • Total Fin Square Footage: 1238

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75 X 132.9
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2016
Sold by
Thompson Julie A K
Bought by
Schaefer Michael and Schaefer Christina
Total Days on Market
55
Current Estimated Value
$340,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Outstanding Balance
$155,953
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$184,981

Purchase Details

Closed on
Jan 1, 2015
Sold by
Hh2 Llc
Bought by
Thompson Julie A K

Purchase Details

Listed on
Jan 6, 2012
Closed on
Mar 12, 2012
Sold by
Johnson Robert Francis
Bought by
Hh2 Llc
Seller's Agent
Laurie Vinge
Edina Realty, Inc.
Buyer's Agent
Amy Westerlund
Keller Williams Premier Realty
List Price
$134,900
Sold Price
$100,000
Premium/Discount to List
-$34,900
-25.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Johnson Robert F
Bought by
Johnson Robert Francis and Revocable Living Trust Agreement Of Robe
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
Schaefer Michael $213,000 Title One Inc
Thompson Julie A K -- None Available
Hh2 Llc $100,000 Edina Realty Title Inc
Johnson Robert Francis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Michael $191,700
Previous Owner Thompson Julie A K $144,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2012 03/21/12 Sold $100,000 -25.9% $81 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $134,900 -- $109 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,435 $317,900 $158,000 $159,900
2022 $3,612 $293,000 $138,000 $155,000
2021 $3,457 $251,000 $117,000 $134,000
2020 $3,480 $237,000 $107,000 $130,000
2019 $3,404 $228,000 $108,000 $120,000
2018 $3,002 $218,000 $101,000 $117,000
2017 $2,628 $172,000 $79,000 $93,000
2016 $3,317 $164,000 $80,000 $84,000
2015 $2,836 $156,000 $72,000 $84,000
2014 -- $145,000 $75,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4096963

REALTOR® Association of Southern Minnesota

APN: 32-028-24-42-0074