NOT LISTED FOR SALE

7500 3rd Ave S Richfield, MN 55423

Estimated Value: $334,000 - $359,580

3 Beds
1.5 Baths
2,030 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $214,000 $105 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,228/month

29 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 2 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • 4-minute walk to Roosevelt Park

About This Home

As of November 2013

Assumable loan @ 3.75%. Completely updated bungalow in quiet neighborhood. Roof, furnace, appliances, sliding glass door & paver patio. Show your fussiest buyers - they will not be disappointed!

Last Agent to Sell the Property

Chris North

Edina Realty, Inc. Listed on: 07/31/2013

Last Buyer's Agent

Benjamin Younan

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,391

Year Built

  • Built in 1948

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 3402824420113

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,391

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Foundation Size: 840
  • Mechanicals: Air to Air Exchange
  • Parcel Number: 3402824420113
  • Stories: 1.25 - 1.75 Story
  • Comp Dev Subdiv Name: Nicollet Garden Lots
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16x12, On Level: Main
  • Room 3: Family Room, 27x11, On Level: Lower
  • Room 4: Kitchen, 15x12, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 29x12, On Level: Upper
  • Room 9: Laundry Room, 14x9, On Level: Lower
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1190
  • Below Grade Finished Sq Ft: 840
  • Total Fin Square Footage: 2030

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 72x136x71x
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1948

Tax Info

  • Year: 2013
  • Tax Value: 2391

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2019
Sold by
Olson David and Olson Erin
Bought by
Drake Alexandrer
Current Estimated Value
$351,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,390
Outstanding Balance
$244,839
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$106,806

Purchase Details

Listed on
Jul 31, 2013
Closed on
Nov 20, 2013
Sold by
Mott John Bradford and Mott Cassandra M
Bought by
Olson David and Olson Erin
Seller's Agent
Chris North
Edina Realty, Inc.
Buyer's Agent
Benjamin Younan
RE/MAX Results
List Price
$218,000
Sold Price
$214,000
Premium/Discount to List
-$4,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
Aug 14, 2009
Sold by
Jmw Investments Llc
Bought by
Mott John Bradford and Mott Cassandra M

Purchase Details

Closed on
May 6, 2009
Sold by
Citimortgage Inc
Bought by
Jmw Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Drake Alexandrer $287,000 Titlesmart Inc
Olson David $214,000 Titlesmart Inc
Mott John Bradford $186,000 --
Jmw Investments Llc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Alexandrer $278,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2013 11/20/13 Sold $214,000 -1.8% $105 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $218,000 -- $107 / 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
2024 $4,558 $326,600 $109,000 $217,600
2023 $4,496 $328,700 $116,000 $212,700
2022 $3,898 $328,000 $120,000 $208,000
2021 $3,837 $281,000 $110,000 $171,000
2020 $3,424 $266,000 $103,000 $163,000
2019 $3,554 $238,000 $102,000 $136,000
2018 $3,563 $227,000 $92,000 $135,000
2017 $3,066 $200,000 $76,000 $124,000
2016 $2,977 $182,000 $68,000 $114,000
2015 $2,666 $165,000 $63,000 $102,000
2014 -- $138,000 $54,000 $84,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chris North

    Edina Realty, Inc.

  • B

    Buyer's Agent in 2013

    Benjamin Younan

    RE/MAX

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4514461

REALTOR® Association of Southern Minnesota

APN: 34-028-24-42-0113

Minnesota Hennepin County Richfield 55423

7500 3rd Ave S, Richfield, MN

Not Listed for Sale

Detached

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