7509 4th Ave S Richfield, MN 55423
3
Beds
1
Bath
1,268
Sq Ft
10,019
Sq Ft Lot
Highlights
- No HOA
- Living Room
- Property is Fully Fenced
- The kitchen features windows
- Forced Air Heating and Cooling System
- 3-minute walk to Roosevelt Park
About This Home
As of January 2025Set on a large lot, this updated 3-bedroom home in Richfield is ready for you to move right in. Inside, you'll find newly refinished hardwood floors that extend through the living areas including the upper level. Some of the updates include new appliances, new furnace and A/C in 2024, updated bath, and updated windows. There is plenty of space in the basement to expand your living area. One of the standout features of this property is the newer, insulated, 2-car garage, perfect for the additional storage or workspace. Outside, the large lot provides plenty of room including a shed and a fully fenced backyard. Located in a desirable area of Richfield, this home is close to parks, schools, and shopping.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,417
Year Built
- Built in 1950
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 74x134
- Property is Fully Fenced
- Chain Link Fence
Parking
- 2 Car Garage
- Insulated Garage
Interior Spaces
- 1,268 Sq Ft Home
- 1.5-Story Property
- Living Room
- Dryer
Kitchen
- Range
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Sump Pump
- Drain
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Nicollet Garden Lts 3Rd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3402824410109
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Jan 8, 2025
Sold by
Ph Business Systems Inc
Bought by
Roberts Jesse and Machuca Ruby
Seller's Agent
Patrick Hogan
Edina Realty, Inc.
Buyer's Agent
Kaishawna Frazier
RE/MAX Results
List Price
$325,000
Sold Price
$325,000
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,565
Avg. Annual Appreciation
-2.90%
Original Mortgage
$16,250
Outstanding Balance
$11,471
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$308,506
Purchase Details
Listed on
Sep 5, 2024
Closed on
Sep 16, 2024
Sold by
Karels Mary
Bought by
Ph Business Systems Inc
Seller's Agent
Mark O'Hern
Edina Realty, Inc.
Buyer's Agent
Patrick Hogan
Edina Realty, Inc.
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.41%
Original Mortgage
$208,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Similar Homes in Richfield, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Edina Realty Title | |
| Deed | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $16,250 | New Conventional | |
| Open | $319,113 | FHA | |
| Previous Owner | $208,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $325,000 | 0.0% | $256 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 10/29/2024 10/29/24 | Off Market | $325,000 | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $325,000 | +25.0% | $256 / Sq Ft |
| 09/16/2024 09/16/24 | Sold | $260,000 | +4.0% | $229 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $250,000 | -- | $220 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,417 | $257,100 | $116,000 | $141,100 |
| 2022 | $3,430 | $255,000 | $120,000 | $135,000 |
| 2021 | $3,238 | $251,000 | $110,000 | $141,000 |
| 2020 | $3,175 | $236,000 | $103,000 | $133,000 |
| 2019 | $3,099 | $223,000 | $102,000 | $121,000 |
| 2018 | $3,021 | $214,000 | $97,000 | $117,000 |
| 2017 | $2,513 | $183,000 | $80,000 | $103,000 |
| 2016 | $2,421 | $168,000 | $72,000 | $96,000 |
| 2015 | $2,285 | $162,000 | $66,000 | $96,000 |
| 2014 | -- | $139,000 | $57,000 | $82,000 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Hogan
Seller's Agent in 2025
Patrick Hogan
Edina Realty, Inc.
(612) 423-3447
5 in this area
65 Total Sales
-
Kaishawna Frazier
Buyer's Agent in 2025
Kaishawna Frazier
RE/MAX Results
(952) 220-5802
5 in this area
200 Total Sales
-
Mark O'Hern
Seller's Agent in 2024
Mark O'Hern
Edina Realty, Inc.
(612) 743-6494
3 in this area
110 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6622240
APN: 34-028-24-41-0109
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