NOT LISTED FOR SALE

7532 Colfax Ave S Richfield, MN 55423

Estimated Value: $290,000 - $347,000

2 Beds
1 Bath
1,274 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2023

Last sale price $320,000 $251 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,202 / mo

4 Days on Market

Highlights

  • Bonus Room
  • The kitchen features windows
  • Dining Room
  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Fremont Park

About This Home

As of August 2023

**** multiple-offers received, please submit all offers by 11:59pm Saturday 7/22/23***** Stunning Richfield charmer! This home has been lovingly and painstakingly renovated, no detail spared. Delight in the vintage charm of gleaming hardwood floors (refinished 2023), charming alcoves, and traditional wainscotting. Enjoy the modern updates of central AC (installed 2020), custom millwork and cabinetry, new quartz countertops, updated plumbing and electrical, and more! See supplements for a comprehensive list of updates, too many to list here! Main level features an original living room which can be used multiple ways including as a designated dining area. Expansive family room has large, new patio door to give you views of the spacious yard. Large walk-in pantry off the kitchen is a rare find! Use it as a pantry, a mudroom or even an office, the options are endless! Upstairs bedrooms have custom cabinetry and new sheetrock and will knock your socks off. This home is sure to delight!

Last Agent to Sell the Property

Kelly Jeffers

Keller Williams Preferred Rlty Listed on: 07/18/2023

Keller Williams Preferred Rlty

Last Buyer's Agent

Jonathan Holmers

Keller Williams Premier Realty Lake Minnetonka

Keller Williams Premier Realty Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,656

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Property is Fully Fenced
  • Privacy Fence
  • Vinyl Fence
  • Chain Link Fence

Parking

  • 1 Car Garage

Home Design

  • Pitched Roof
  • Shake Siding

Interior Spaces

  • 1,274 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Irwin Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302824410091

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,656

Year Built

Built in 1940

Lot Details

6,534 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1274
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Egress Window(s), Full
  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1274
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bathroom, Family Room, Dining Room, Bonus Room, Kitchen, Utility Room

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Fencing: Chain Link, Full, Privacy, Vinyl
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Covered,Patio

Garage/Parking

  • Parking Features: Detached, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 x 130
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3302824410091
  • Tax Annual Amount: 3656
  • TaxWithAssessments: 3655.7600

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 17, 2023
Sold by
Bought by
Seller's Agent
Kelly Jeffers
Keller Williams Preferred Rlty
Buyer's Agent
Jonathan Holmers
Keller Williams Premier Realty Lake Minnetonka
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%
Views
25
Current Estimated Value
$343,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,693
Avg. Annual Appreciation
0.88%
Original Mortgage
$256,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,410
Interest Rate
0.0352%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
0.0438%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 None Listed On Document
$164,900 Minnesota Title
-- None Available
$96,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $256,000
Closed $148,410
Closed $122,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $320,000 +6.7% $251 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $300,000 -- $235 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,150 $297,000 $144,000 $153,000
2024 $4,101 $299,600 $150,300 $149,300
2023 $3,852 $288,000 $136,800 $151,200
2022 $3,304 $287,000 $142,000 $145,000
2021 $3,066 $245,000 $116,000 $129,000
2020 $3,128 $227,000 $106,000 $121,000
2019 $3,051 $222,000 $105,000 $117,000
2018 $2,651 $213,000 $98,000 $115,000
2017 $2,206 $166,000 $77,000 $89,000
2016 $2,115 $152,000 $71,000 $81,000
2015 $2,228 $160,000 $79,000 $81,000
2014 -- $142,000 $75,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Jeffers

    Seller's Agent in 2023

    Kelly Jeffers

    Keller Williams Preferred Rlty

    (651) 428-6478

    49 Total Sales

    Kelly Jeffers
    Section Image

  • J

    Buyer's Agent in 2023

    Jonathan Holmers

    Keller Williams Premier Realty Lake Minnetonka

    (612) 296-9299

    9 Total Sales

    Jonathan Holmers
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6400229

NorthstarMLS

APN: 33-028-24-41-0091

Minnesota Hennepin County Richfield 55423

7532 Colfax Ave S, Richfield, MN

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NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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