NOT LISTED FOR SALE

7527 2nd Ave S Richfield, MN 55423

Estimated Value: $335,000 - $353,748

3 Beds
2 Baths
1,396 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 7527 2nd Ave S, Richfield, MN 55423 and is currently estimated at $342,187, approximately $245 per square foot. 7527 2nd 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
Apr 10, 2019
Sold by
Demaria Nicholas John and Demaria Kalyn
Bought by
Estabrooks Samuel A and Ariza Nancy
Current Estimated Value
$329,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Outstanding Balance
$212,427
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$126,514

Purchase Details

Closed on
Jun 28, 2017
Sold by
Fricke Erica A
Bought by
Demaria Nicholas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2009
Sold by
Stromgren Sarah Jane
Bought by
Fricke Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,259
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 1999
Sold by
Bruso Stacy R
Bought by
Welbes John C and Welbes Sarah Jane

Purchase Details

Closed on
Jun 19, 1998
Sold by
Baker Mark D and Baker Yvonne M
Bought by
Bruso Stacy R
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.

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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

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.

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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.

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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
Estabrooks Samuel A $260,000 Burnet Title
Demaria Nicholas John $235,000 Edina Realty Title Inc
Fricke Erica $172,000 --
Welbes John C $113,000 --
Bruso Stacy R $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estabrooks Samuel A $239,200
Previous Owner Demaria Nicholas John $230,743
Previous Owner Fricke Erica $166,259
Source: Public Records

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 $3,856 $286,200 $116,000 $170,200
2022 $3,475 $286,000 $120,000 $166,000
2021 $3,332 $254,000 $110,000 $144,000
2020 $3,324 $242,000 $103,000 $139,000
2019 $2,929 $232,000 $102,000 $130,000
2018 $2,840 $204,000 $97,000 $107,000
2017 $2,363 $174,000 $80,000 $94,000
2016 $2,226 $157,000 $72,000 $85,000
2015 $2,544 $151,000 $66,000 $85,000
2014 -- $127,000 $57,000 $70,000
Source: Public Records

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