7529 Colfax Ave S Richfield, MN 55423
Estimated Value: $324,000 - $351,940
3
Beds
2
Baths
1,688
Sq Ft
$196/Sq Ft
Est. Value
About This Home
This home is located at 7529 Colfax Ave S, Richfield, MN 55423 and is currently estimated at $330,985, approximately $196 per square foot. 7529 Colfax Ave S is a home located in Hennepin County with nearby schools including Sheridan Hills Elementary School, Richfield Middle School, and Seven Hills Prep Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 24, 2019
Sold by
Clinton Jillian D and Lembke Ryan B
Bought by
Delong Margaret
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
$119,950
Outstanding Balance
$105,296
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$225,689
Purchase Details
Closed on
Aug 30, 2007
Sold by
Wheeler Michael W
Bought by
Clinton Jillian and Lembke Ryan
Purchase Details
Closed on
Apr 20, 1998
Sold by
Cink Russell D
Bought by
Wheeler Michael W
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delong Margaret | $239,900 | Ancona Title & Escrow | |
| Clinton Jillian | $189,900 | -- | |
| Wheeler Michael W | $99,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delong Margaret | $119,950 |
Source: Public Records
Tax History Compared to Growth
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 | $4,464 | $322,800 | $158,700 | $164,100 |
| 2023 | $4,191 | $310,700 | $144,400 | $166,300 |
| 2022 | $3,427 | $308,000 | $150,000 | $158,000 |
| 2021 | $3,191 | $253,000 | $123,000 | $130,000 |
| 2020 | $3,260 | $235,000 | $112,000 | $123,000 |
| 2019 | $3,102 | $230,000 | $111,000 | $119,000 |
| 2018 | $2,901 | $216,000 | $104,000 | $112,000 |
| 2017 | $2,453 | $181,000 | $81,000 | $100,000 |
| 2016 | $2,361 | $166,000 | $75,000 | $91,000 |
| 2015 | $2,434 | $172,000 | $84,000 | $88,000 |
| 2014 | -- | $153,000 | $79,000 | $74,000 |
Source: Public Records
Map
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