NOT LISTED FOR SALE

7518 1st Ave S Richfield, MN 55423

Estimated Value: $306,000 - $340,802

3 Beds
1 Bath
1,378 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $144,000 $104 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,082/month

50 Days on Market

Highlights

  • Deck
  • Fireplace
  • Landscaped with Trees
  • Wood Flooring
  • Walk-In Closet
  • Forced Air Heating System

About This Home

As of June 2013

Great 3 bedroom 1 bath home in sought after Richfield. Close to freeways and shopping. Features include hardwood floors, new carpet upstairs, roof under 8 years, invisible fencing, deck 2 years old, furnace & water heater 2 yrs old, ready for central air!

Last Agent to Sell the Property

Charlene Foltz

RE/MAX Results Listed on: 04/04/2013

Last Buyer's Agent

Kerby Skurat

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x134
  • Property has an invisible fence for dogs
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 3402824420068

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Invisible Fencing
  • Estimated Number of Acres: 0.23
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 840
  • Parcel Number: 3402824420068
  • Projected Closed Date: 06/18/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2294
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x12, On Level: Main
  • Room 2: Dining Room, 12x08, On Level: Main
  • Room 4: Kitchen, 11x08, On Level: Main
  • Room 5: Bedroom, 12x09, On Level: Main
  • Room 6: Bedroom, 12x10, On Level: Main
  • Room 7: 18x12, On Level: Upper
  • Room 9: Rec Room, 28x11, On Level: Lower
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1070
  • Below Grade Finished Sq Ft: 308
  • Total Fin Square Footage: 1378

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75x134
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1946

Tax Info

  • Year: 2012
  • Tax Value: 2294

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Olson Sarah
Bought by
Sopa Tenzin and Wangmo Sonam
Current Estimated Value
$325,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,700
Outstanding Balance
$240,119
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$85,082

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jun 18, 2013
Sold by
Frederick Karl M
Bought by
Olson Sarah
Seller's Agent
Charlene Foltz
RE/MAX Results
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$149,900
Sold Price
$144,000
Premium/Discount to List
-$5,900
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$138,960
Interest Rate
3.98%

Purchase Details

Closed on
Aug 13, 1998
Sold by
Frederick Hugo J and Frederick Luella V
Bought by
Frederick Karl M and Frederick Joyce A
Source: Public Records

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
Sopa Tenzin $293,000 All American Title Co Inc
Olson Sarah $139,764 Title Recording Services Inc
Olsen Sarah Sarah $144,000 --
Frederick Karl M $60,000 --
Sopa Tenzin Tenzin $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sopa Tenzin $263,700
Previous Owner Olsen Sarah Sarah $138,960
Previous Owner Olson Sarah $141,391
Previous Owner Frederick Karl M $134,300
Closed Frederick Karl M --
Closed Sopa Tenzin Tenzin $263,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $144,000 -3.9% $104 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $149,900 -- $109 / 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 $3,754 $281,500 $116,000 $165,500
2022 $3,397 $281,000 $120,000 $161,000
2021 $3,113 $251,000 $110,000 $141,000
2020 $3,243 $230,000 $103,000 $127,000
2019 $3,034 $229,000 $102,000 $127,000
2018 $3,027 $212,000 $97,000 $115,000
2017 $2,518 $185,000 $80,000 $105,000
2016 $2,414 $169,000 $72,000 $97,000
2015 $2,123 $154,000 $66,000 $88,000
2014 -- $131,000 $57,000 $74,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Charlene Foltz

    RE/MAX

  • K

    Buyer's Agent in 2013

    Kerby Skurat

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4458392

REALTOR® Association of Southern Minnesota

APN: 34-028-24-42-0068

Minnesota Hennepin County Richfield 55423

7518 1st Ave S, Richfield, MN

This home is located at 7518 1st Ave S, Richfield, MN 55423 since 04 April 2013 and is currently estimated at $325,201, approximately $235 per square foot. This property was built in 1946. 7518 1st Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Partnership Academy Inc..

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