NOT LISTED FOR SALE

7501 12th Ave S Richfield, MN 55423

Estimated Value: $281,000 - $326,063

3 Beds
1 Bath
925 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $181,000 $196 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,038/month

37 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Fenced Yard
  • Vaulted Ceiling
  • Corner Lot
  • 4-minute walk to Wilson Park

About This Home

As of June 2014

Perfect rambler large lot, updated kitchen & bath, upgraded carpet, paint, windows, den, patio door. Large patio, private fenced yard, 2+ heated garage, cement drive. Unfinished basement with egress windows, wired for sound. garage SF 672. Warranty Yes

Last Agent to Sell the Property

Dennis Loving

Edina Realty, Inc. Listed on: 04/25/2014

Last Buyer's Agent

Jessica Brunsell

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1953

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 72x132
  • Fenced Yard
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 3502824420042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,030

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Foundation Size: 925
  • Parcel Number: 3502824420042
  • Projected Closed Date: 06/03/2014
  • Stories: 1 Story
  • Taxes With Assessments: 2030
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x18, On Level: Main
  • Room 2: Dining Room, 7x11, On Level: Main
  • Room 4: Kitchen, 10x12, On Level: Main
  • Room 5: Bedroom, 10x12, On Level: Main
  • Room 6: Bedroom, 9x12, On Level: Main
  • Room 7: 8x12, On Level: Main
  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 925
  • Total Fin Square Footage: 925

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • 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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 72x132
  • Lot/Land Description: Corner Lot, Pub. Trans (w/in 6 blks), Tree Coverage - Medium

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2014
  • Tax Value: 2030

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 2, 2014
Sold by
Loving Kyle M and Loving Heidi A
Bought by
Morales Lee and Hansen Jessica Rae
Seller's Agent
Dennis Loving
Edina Realty, Inc.
Buyer's Agent
Jessica Brunsell
Edina Realty, Inc.
List Price
$178,400
Sold Price
$181,000
Premium/Discount to List
$2,600
1.46%
Total Days on Market
37
Current Estimated Value
$309,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,766
Avg. Annual Appreciation
5.01%
Original Mortgage
$177,721
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 6, 2012
Closed on
May 18, 2012
Sold by
Federal National Mortgage Association
Bought by
Loving Kyle M
Seller's Agent
Jeff Anderson
RE/MAX Results
Buyer's Agent
Jeff Martineau
Coldwell Banker Burnet
List Price
$143,325
Sold Price
$150,000
Premium/Discount to List
$6,675
4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$142,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2012
Sold by
Wolfe Richard and Wolfe Stacy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 13, 1998
Sold by
Weber Christopher A and Weber Tricia L
Bought by
Wolfe Richard and Wolfe Stacy M

Purchase Details

Closed on
May 28, 1996
Sold by
Zirbes Richard D
Bought by
Weber Christopher A and Weber Tricia L
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
Morales Lee $181,000 Edina Realty Title Inc
Loving Kyle M -- West Title Llc
Federal National Mortgage Association -- None Available
Wolfe Richard $108,900 --
Weber Christopher A $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Lee $227,920
Closed Morales Lee $177,721
Previous Owner Loving Kyle M $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $181,000 +1.5% $196 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $178,400 +18.9% $193 / Sq Ft
05/18/2012 05/18/12 Sold $150,000 +4.7% $162 / Sq Ft
05/05/2012 05/05/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $143,325 -- $155 / 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 $4,729 $288,600 $112,100 $176,500
2022 $3,927 $273,000 $106,000 $167,000
2021 $3,850 $243,000 $98,000 $145,000
2020 $3,706 $229,000 $89,000 $140,000
2019 $2,934 $221,000 $91,000 $130,000
2018 $2,740 $206,000 $79,000 $127,000
2017 $2,387 $177,000 $67,000 $110,000
2016 $2,290 $162,000 $62,000 $100,000
2015 $1,968 $145,000 $55,000 $90,000
2014 -- $128,000 $53,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dennis Loving

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2014

    Jessica Brunsell

    Edina Realty, Inc.

  • J

    Seller's Agent in 2012

    Jeff Anderson

    RE/MAX

  • J

    Buyer's Agent in 2012

    Jeff Martineau

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4607840

REALTOR® Association of Southern Minnesota

APN: 35-028-24-42-0042

Minnesota Hennepin County Richfield 55423

7501 12th Ave S, Richfield, MN

This home is located at 7501 12th Ave S, Richfield, MN 55423 since 25 April 2014 and is currently estimated at $309,766, approximately $334 per square foot. This property was built in 1953. 7501 12th 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.

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