NOT LISTED FOR SALE

7508 4th Ave S Richfield, MN 55423

Estimated Value: $386,000 - $420,000

4 Beds
2 Baths
2,102 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $415,000 $197 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,534/month

2 Days on Market

Highlights

  • Deck
  • Home Gym
  • The kitchen features windows
  • No HOA
  • Stainless Steel Appliances
  • 4-minute walk to Roosevelt Park

About This Home

As of June 2024

This charming & pristine rambler is nestled in the heart of a desired Richfield neighborhood! Instantly feel at home as you enter the front door into a warm and inviting living space flooded with natural light. The kitchen features stainless steel appliances, granite-tiled counters, walk-in pantry closet, tile flooring and a generous eat-in area. With three bedrooms on the main level, including a renovated full bath, this home offers both comfort & style. In the lower level, you will discover a cozy family room (ideal for movie nights or gatherings), a spacious guest suite with updated 3/4 bath, a versatile exercise room or den and ample storage space. Enjoy BBQ’s on the deck overlooking the fully fenced backyard. 2 car garage w/private driveway. New A/C in 2021. This home has been meticulously cared for allowing you to move in & enjoy immediately! Convenient location close to freeways & shopping and walking distance to parks, playground, pickleball/tennis courts, dog park & library.

Last Agent to Sell the Property

Lori Pistulka

Edina Realty, Inc. Listed on: 04/16/2024

Edina Realty, Inc.

Last Buyer's Agent

Melanie Emery

Ewing Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 134x59x134x59
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3402824410071

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,774

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1168
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2102
  • Fireplace: No
  • Below Grade Finished Sq Ft: 934
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Exercise Room, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Full, Wood
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Exercise Room,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 134x59x134x59
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3402824410071
  • Tax Annual Amount: 4774
  • TaxWithAssessments: 4774.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 26, 2024
Sold by
Solheid Anna
Bought by
Reyes Reem and Reyes Fernando
Seller's Agent
Lori Pistulka
Edina Realty, Inc.
Buyer's Agent
Melanie Emery
Ewing Real Estate Group
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%
Views
30
Current Estimated Value
$406,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,995
Avg. Annual Appreciation
-1.50%
Original Mortgage
$410,000
Outstanding Balance
$405,131
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$874

Purchase Details

Closed on
Nov 3, 2020
Sold by
Nass Mitchell and Nass Kaylyn K
Bought by
Solheid Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,476
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2015
Sold by
Adair Kathleen Marie and Adair Eric
Bought by
Nass Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,100
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Terry Thomas and Ghering Gara J
Bought by
Adair Kathleen Marie and Adair Eric

Purchase Details

Closed on
Sep 13, 2010
Sold by
Federal National Mortgage Association
Bought by
Terry Thomas

Purchase Details

Closed on
Oct 30, 2002
Sold by
Linstad James and Linstad Janine
Bought by
Blas Francisco and Blas Matilde

Purchase Details

Closed on
Jul 27, 2001
Sold by
Bingham Mark A and Bingham Nancy L
Bought by
Linstad James and Linstad Janine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reyes Reem $415,000 --
Solheid Anna $325,024 Burnet Title
Nass Mitchell $252,623 Titlesmart Inc
Adair Kathleen Marie $189,900 --
Terry Thomas $112,000 --
Blas Francisco $192,000 --
Linstad James $176,000 --
Solheid Anna Anna $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Reem $410,000
Previous Owner Solheid Anna $312,476
Previous Owner Nass Mitchell $233,100
Closed Solheid Anna Anna $312,476
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $415,000 +10.7% $197 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $375,000 -- $178 / 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
2024 $4,781 $340,700 $98,100 $242,600
2023 $4,774 $347,100 $104,400 $242,700
2022 $4,194 $343,000 $108,000 $235,000
2021 $4,029 $300,000 $99,000 $201,000
2020 $4,218 $286,000 $93,000 $193,000
2019 $4,148 $286,000 $92,000 $194,000
2018 $4,014 $276,000 $87,000 $189,000
2017 $3,409 $237,000 $72,000 $165,000
2016 $2,916 $196,000 $65,000 $131,000
2015 $2,776 $190,000 $59,000 $131,000
2014 -- $165,000 $51,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6512118

NorthstarMLS

APN: 34-028-24-41-0071