$150,000
SOLD MAY 18, 2012

7501 12th Ave S Richfield, MN 55423

3 Beds
1 Bath
925 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

5% Above List Price

29 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Landscaped with Trees
  • 4-minute walk to Wilson Park

About This Home

As of June 2014

Picture perfect rambler on a corner lot. Features lovely kitchen & bath, new carpet & paint, newer windows, den that has patio door to large patio and scenic fenced backyard, 2 plus garage w/ concrete driveway. Unfinished basement with egress window.

Last Agent to Sell the Property

Jeff Anderson

RE/MAX Results Listed on: 04/06/2012

Last Buyer's Agent

Jeff Martineau

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 1953

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 73 x 132
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,828

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.22
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 925
  • Projected Closed Date: 05/23/2012
  • Stories: 1 Story
  • Taxes With Assessments: 2828
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Disposal, Microwave
  • 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, 8x9, 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
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 925
  • Total Fin Square Footage: 925

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 73 X 132
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2011
  • Tax Value: 2828

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
29
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

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $181,000 Edina Realty Title Inc
Limited Warranty Deed -- West Title Llc
Foreclosure Deed -- None Available
Warranty Deed $108,900 --
Warranty Deed $89,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,920 New Conventional
Closed $177,721 FHA
Previous Owner $142,500 New Conventional
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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4118053

REALTOR® Association of Southern Minnesota

APN: 35-028-24-42-0042