7526 16th Ave S Richfield, MN 55423
Estimated Value: $338,000 - $341,000
4
Beds
2
Baths
1,206
Sq Ft
$282/Sq Ft
Est. Value
About This Home
This home is located at 7526 16th Ave S, Richfield, MN 55423 and is currently estimated at $339,848, approximately $281 per square foot. 7526 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 15, 2022
Sold by
Grier John and Grier Julie
Bought by
Lapitz Michael and Lapitz Katherine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$229,794
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$110,054
Purchase Details
Closed on
Aug 11, 2022
Sold by
Grier John R and Grier Julie D
Bought by
Lapitz Michael D and Lapitz Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$229,794
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$110,054
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lapitz Michael | $300,000 | -- | |
| Lapitz Michael D | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lapitz Michael | $240,000 | |
| Closed | Lapitz Michael D | $240,000 |
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 | $4,620 | $312,100 | $135,000 | $177,100 |
| 2023 | $4,083 | $294,800 | $118,000 | $176,800 |
| 2022 | $3,443 | $285,000 | $112,000 | $173,000 |
| 2021 | $3,223 | $254,000 | $103,000 | $151,000 |
| 2020 | $3,488 | $237,000 | $94,000 | $143,000 |
| 2019 | $3,202 | $244,000 | $96,000 | $148,000 |
| 2018 | $3,152 | $222,000 | $83,000 | $139,000 |
| 2017 | $2,731 | $198,000 | $70,000 | $128,000 |
| 2016 | $2,606 | $180,000 | $65,000 | $115,000 |
| 2015 | $2,451 | $173,000 | $58,000 | $115,000 |
| 2014 | -- | $156,000 | $56,000 | $100,000 |
Source: Public Records
Map
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