NOT LISTED FOR SALE

7514 Elliot Ave S Richfield, MN 55423

Estimated Value: $328,000 - $367,588

3 Beds
1 Bath
1,279 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $327,500 $256 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,308/month

11 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • 1-Story Property
  • Home Gym
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Significant updates to this great Richfield home recently. New furnace, electrical service, roof, siding, exterior doors, front step, garage door opener, garage door. The expensive repairs have been addressed. Fantastic back yard, updated kitchen. Hardwood floors in all bedrooms. Partially finished basement with family room and bonus room.

Last Agent to Sell the Property

Kent Stoa

Coldwell Banker Realty Brokerage Phone: 952-913-2209 Listed on: 09/22/2022

Coldwell Banker Realty

Last Buyer's Agent

Olivia VanOrsdale

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,783

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75 x 132
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mattson Heights 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3502824310067

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,783

Year Built

Built in 1953

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: 1953
  • Above Grade Finished Sq Ft: 864
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24 X 36
  • Attribution Contact: 952-913-2209
  • Attribution Contact: 952-913-2209
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Partially Finished, Sump Pump
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1279
  • Fireplace: No
  • Below Grade Finished Sq Ft: 415
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener
  • Garage Square Feet: 400

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75 X 132
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3502824310067
  • Tax Annual Amount: 3783
  • TaxWithAssessments: 3783.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 27, 2022
Sold by
Bolen Matthew W and Bolen Caitlin
Bought by
Meyer Matthew and Groves Abigail
Seller's Agent
Kent Stoa
Coldwell Banker Realty
Buyer's Agent
Olivia VanOrsdale
Compass
List Price
$325,000
Sold Price
$327,500
Premium/Discount to List
$2,500
0.77%
Total Days on Market
11
Current Estimated Value
$348,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,147
Avg. Annual Appreciation
2.40%
Original Mortgage
$317,675
Outstanding Balance
$309,971
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$38,676

Purchase Details

Closed on
Mar 20, 2019
Sold by
Duininck Luke and Duininck Chloe
Bought by
Bolen Matthew W and Elliott Caitlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,660
Interest Rate
4.3%

Purchase Details

Listed on
Jun 17, 2014
Closed on
Aug 28, 2014
Bought by
Duininck Luke Luke
Seller's Agent
Christopher Mehalovich
Minnesota Home Venture, Inc.
Buyer's Agent
Rodolfo Trujillo
RE/MAX Advantage Plus
List Price
$184,900
Sold Price
$165,000
Premium/Discount to List
-$19,900
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$157,895
Interest Rate
4.1%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 31, 2013
Sold by
Johnson Ronald K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 26, 1999
Sold by
Lam Meng Chy and Lam Samantha C
Bought by
Johnson Ronald K
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
Meyer Matthew $327,500 Burnet Title
Bolen Matthew W $267,400 Edgewater Title Group Llc
Duininck Luke Luke $165,000 --
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $116,060 None Available
Johnson Ronald K $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Matthew $317,675
Previous Owner Bolen Matthew W $240,660
Previous Owner Duininck Luke $160,000
Previous Owner Duininck Luke Luke $157,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $327,500 0.0% $256 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
10/03/2022 10/03/22 Off Market $327,500 -- --
09/22/2022 09/22/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $325,000 +97.0% $254 / Sq Ft
08/28/2014 08/28/14 Sold $165,000 -10.8% $191 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $184,900 -- $214 / 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
2023 $4,317 $319,100 $119,000 $200,100
2022 $3,783 $304,000 $115,000 $189,000
2021 $3,489 $276,000 $117,000 $159,000
2020 $3,120 $254,000 $101,000 $153,000
2019 $2,834 $214,000 $104,000 $110,000
2018 $2,561 $200,000 $92,000 $108,000
2017 $2,125 $161,000 $69,000 $92,000
2016 $2,150 $154,000 $70,000 $84,000
2015 $2,002 $147,000 $64,000 $83,000
2014 -- $133,000 $64,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6262149

NorthstarMLS

APN: 35-028-24-31-0067