NOT LISTED FOR SALE

7526 16th Ave S Richfield, MN 55423

Estimated Value: $330,000 - $350,000

4 Beds
2 Baths
1,206 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 7526 16th Ave S, Richfield, MN 55423 and is currently estimated at $338,771, approximately $280 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
$331,121

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
$108,977

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
$108,977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
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

Minnesota Hennepin County Richfield 55423

7526 16th Ave S, Richfield, MN

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