NOT LISTED FOR SALE

7515 16th Ave S Richfield, MN 55423

Estimated Value: $340,000 - $396,613

3 Beds
1 Bath
1,964 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $165,000 $84 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,530/month

35 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Eat-In Kitchen
  • Whirlpool Bathtub
  • Porch
  • 3-minute walk to Washington Park

About This Home

As of June 2013

Spacious 3 Br/2+ Car gar w/rm for woodshop rambler. Lge Kit w/lots of cabinets/shelves slide out & sliding door from eat-in area going to yard. Whirl pool tub, hardwood flrs, Fpl in Liv/finished LL Family room. Mud room off kit. Motivated Sellers.

Last Agent to Sell the Property

Monica Billups

DeMexis Equity Group LLC Listed on: 12/13/2012

Last Buyer's Agent

Lynda Larson Cherne

Keller Williams Realty Integrity-Edina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,017

Year Built

  • 1957

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Rough-In
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter

Additional Features

  • Porch
  • Lot Dimensions are 133 x 75

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 3502824410092

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,017

Year Built

1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors
  • Amenities Exterior: Porch
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1092
  • Mechanicals: Electronic Air Filter
  • Parcel Number: 3502824410092
  • Potential Short Sale: Yes
  • Projected Closed Date: 06/14/2013
  • Stories: 1 Story
  • Taxes With Assessments: 2862
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Rough In, Whirlpool
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x12, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Family Room, 16x14, On Level: Lower
  • Room 4: Kitchen, 12x8, On Level: Main
  • Room 5: Bedroom, 16x12, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Main
  • Room 7: 18x11, On Level: Lower
  • Room 8: Bedroom, 11x11, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1092
  • Below Grade Finished Sq Ft: 872
  • Total Fin Square Footage: 1964

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 133 X 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Cherne Mark A and Larson Cherne R
Bought by
Watkins Patricia S and Watkins Amere Lionel
Total Days on Market
35
Current Estimated Value
$376,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$223,188
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$152,965

Purchase Details

Closed on
Mar 19, 2018
Sold by
Larson Bonnie
Bought by
Cherne Mark A and Cherne Lynda R Larson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 13, 2012
Closed on
Jun 13, 2013
Sold by
Garcia Leonard Z and Garcia Sharon L
Bought by
Cherne Mark A and Cherne Lynda R Larson
Seller's Agent
Monica Billups
DeMexis Equity Group LLC
Buyer's Agent
Lynda Larson Cherne
Keller Williams Realty Integrity-Edina
List Price
$165,999
Sold Price
$165,000
Premium/Discount to List
-$999
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$162,011
Interest Rate
3.34%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2001
Sold by
Diesen Donald and Diesen Nancy
Bought by
Garcia Leonard and Garcia Sharon
Source: Public Records

Similar Homes in the area

  • 7533 16th Ave S, Richfield, MN 55423

    $395,500

    • 3 Beds
    • 2 Baths
    • 1,886 Sq Ft
    • 7533 16th Ave S
    • Richfield, MN

    Welcome to this charming one-story rambler in the heart of Richfield. Located just minutes from grocery stores, restaurants, the Airport and the Mall of America, and with quick highway access to downtown Minneapolis—this move-in-ready home checks all the boxes. Don’t miss this incredible opportunity! The main level features beautiful hardwood floors, abundant natural light, two spacious bedrooms,

    Tefera Kassa Kassa Realty LLC

    Section Image
  • 7439 14th Ave S, Richfield, MN 55423

    $400,000

    • 4 Beds
    • 2.5 Baths
    • 2,111 Sq Ft
    • 7439 14th Ave S
    • Richfield, MN

    THE POND VIEWS FROM THIS HOME ARE NOTHING SHORT OF SPECTACULAR! Featuring four bedrooms, three bathrooms, two car garage with a 23x22 studio/workshop attached & unparalleled views of Wilson Park Pond that will take your breath away! Inside you'll find an eat-in kitchen, three family rooms & a three-season porch wrapped in sundrenched windows. The home showcases beautiful woodwork, updated

    Justin Rhodes Coldwell Banker Realty

    Section Image
  • 7227 Columbus Ave S, Richfield, MN 55423

    $359,900

    • 3 Beds
    • 2 Baths
    • 1,792 Sq Ft
    • 7227 Columbus Ave S
    • Richfield, MN

    Welcome to this absolutely immaculate, move-in condition, taken care of with pride of ownership throughout home. All three levels are quality finished living spaces with three bedrooms and 2 bathrooms, living room with windows offering an abundance of natural lighting. Have your morning coffee on the 4 season porch or enjoy a BBQ in the private back yard. The lower level has a wonderfully done

    Ben Fern Fish MLS Realty

    Section Image
  • 7600 Park Ave, Richfield, MN 55423

    $379,900

    • 3 Beds
    • 2 Baths
    • 1,794 Sq Ft
    • 7600 Park Ave
    • Richfield, MN

    Welcome to this charming one-story rambler on a corner lot in the heart of Richfield. Meticulously maintained and thoughtfully updated, this home offers a smart layout with inviting spaces throughout. The main level features beautiful hardwood floors, abundant natural light, two spacious bedrooms, and an updated full bathroom. The bright living room opens to the kitchen and dining area, which

    Lars Anderson RE/MAX Results

    Section Image
  • 7635 Oakland Ave S, Minneapolis, MN 55423

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,446 Sq Ft
    • 7635 Oakland Ave S
    • Minneapolis, MN

    Richfield rambler with 3 bedrooms, 2 baths, and nearly 1500 sq. ft. on the main level of which nearly all of it has been updated in the recent past. This is truly one level living with all the best incorporated into layout and upgrades.Outside this continues with backyard being completely overhauled along with a cedar privacy fence, patio, shed, and composite decking added since Seller

    Todd Stenvig RE/MAX Results

    Section Image
  • 7126 Columbus Ave, Richfield, MN 55423

    $393,000

    • 4 Beds
    • 2 Baths
    • 1,994 Sq Ft
    • 7126 Columbus Ave
    • Richfield, MN

    Welcome to this beautifully updated rambler that combines classic charm with modern upgrades, offering inviting spaces both inside and out. Step inside to find a sunlit living room with refinished hardwood floors, a cozy wood-burning fireplace, and large windows that flood the space with natural light. The kitchen features warm maple cabinetry, stainless steel appliances, tile floors, and a

    Amy Jurek RE/MAX Advantage Plus

    Section Image
  • 6929 10th Ave S, Richfield, MN 55423

    $334,900

    • 4 Beds
    • 1 Bath
    • 1,652 Sq Ft
    • 6929 10th Ave S
    • Richfield, MN

    Great location near dual language school. Recently refreshed home. New SS appliances, refinshed hardwood floors on main level, updated bathroom. Fresh paint throughout. New carpet in basement. Big yard and huge two section deck. Wood fireplace on each level. Vinyl windows.

    Lenny Frolov Resource Realty Group, Inc

    Section Image
  • 7521 4th Ave S, Richfield, MN 55423

    $315,000

    • 3 Beds
    • 1 Bath
    • 1,510 Sq Ft
    • 7521 4th Ave S
    • Richfield, MN

    Welcome HOME to 7521 4th Ave S, Richfield, MN 55423! This beautifully updated 3-bedroom, 1-bath home offers the perfect blend of comfort and convenience. Step into a bright and inviting living room featuring stunning hardwood floors and modern updates throughout.Enjoy extra space with a cozy basement family room—ideal for movie nights, a playroom, or a home office.Located just minutes from

    Jill Warner Ruby Realty

    Section Image
  • 7544 4th Ave S, Richfield, MN 55423

    $349,900

    • 3 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 7544 4th Ave S
    • Richfield, MN

    3 bedroom/2 bath home with a 2 car attached garage located on a corner lot. Over 2,000 sq feet of living space. Many updates including new roof, new furnace, new range, refrigerator & microwave in kitchen, new luxury vinyl tile on main floor, new carpeting in upper bedroom, new central AC compressor, interior repainted, egress window installed in lower lever (could also function as 4th bedroom)

    Randy Hoese Inside Track Realty

    Section Image
See All Homes in Richfield

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watkins Patricia S $310,000 Title One Inc
Cherne Mark A -- None Available
Cherne Mark A $160,147 Dataquick Title Llc
Garcia Leonard $194,500 --
Watkins Patricia Patricia $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Patricia S $248,000
Previous Owner Cherne Mark A $40,000
Previous Owner Cherne Mark A $162,011
Closed Watkins Patricia Patricia $294,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $165,000 -0.6% $84 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $165,999 -- $85 / 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 $5,017 $366,000 $118,000 $248,000
2022 $3,768 $345,000 $112,000 $233,000
2021 $4,527 $275,000 $103,000 $172,000
2020 $3,735 $260,000 $94,000 $166,000
2019 $3,570 $259,000 $96,000 $163,000
2018 $3,473 $244,000 $83,000 $161,000
2017 $3,010 $215,000 $70,000 $145,000
2016 $2,886 $196,000 $65,000 $131,000
2015 $2,729 $189,000 $58,000 $131,000
2014 -- $171,000 $56,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Monica Billups

    DeMexis Equity Group LLC

  • L

    Buyer's Agent in 2013

    Lynda Larson Cherne

    Keller Williams Realty Integrity-Edina

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4424444

REALTOR® Association of Southern Minnesota

APN: 35-028-24-41-0092

Minnesota Hennepin County Richfield 55423

7515 16th Ave S, Richfield, MN

This home is located at 7515 16th Ave S, Richfield, MN 55423 since 13 December 2012 and is currently estimated at $376,153, approximately $191 per square foot. This property was built in 1957. 7515 16th 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes