Seller's Agent in 2025
Tefera Kassa
Kassa Realty LLC
(612) 282-3201
1 in this area
64 Total Sales
7533 16th Ave S Richfield, MN 55423
3
Beds
2
Baths
1,886
Sq Ft
10,019
Sq Ft Lot
Highlights
- Family Room with Fireplace
- 1 Car Attached Garage
- 1-Story Property
- No HOA
- Living Room
- 3-minute walk to Washington Park
About This Home
As of July 2025Welcome to this charming one-story rambler in the heart of Richfield. Located just minutes from grocery stores, restaurants, the Airport and the Mall of America, and with quick highway access to downtown Minneapolis—this move-in-ready home checks all the boxes. Don’t miss this incredible opportunity! The main level features beautiful hardwood floors, abundant natural light, two spacious bedrooms, and an updated full bathroom. The kitchen extends to a good size dining area, which provides walkout access to your backyard. Furnace, AC and Water heater 2017. Quick closing is possible. Agents & buyers to verify measurements.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,315
Year Built
- Built in 1956
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 75x133
Parking
- 1 Car Attached Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Combination Kitchen and Dining Room
- Dryer
- Finished Basement
Kitchen
- Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 3502824410040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2025
Closed on
Jul 28, 2025
Sold by
Zewdu Fisseha H and Andualem Aster D
Bought by
Pulphus Brandon D and Centini Grace
Seller's Agent
Tefera Kassa
Kassa Realty LLC
Buyer's Agent
David Jenkins
Bridge Realty, LLC
List Price
$350,000
Sold Price
$334,500
Premium/Discount to List
-$15,500
-4.43%
Views
50
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.97%
Original Mortgage
$324,465
Outstanding Balance
$324,465
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,824
Purchase Details
Closed on
Dec 17, 2007
Sold by
Inter Savings Bank Fsb
Bought by
Zeurdu Fisseha H and Andualem Aster D
Purchase Details
Closed on
Jan 18, 2006
Sold by
Dominguez Cuote Maribel and Rubio Segura Fredy E
Bought by
Pineda Pedro and Pineda Fredy
Purchase Details
Closed on
May 28, 2002
Sold by
Martinson Jeffrey and Martinson Heather
Bought by
Segura Rubio Fredy and Dominguez Maribel Cuate
Purchase Details
Closed on
Jul 25, 1996
Sold by
Hailu Zewdie and Eshete Genet Assefa
Bought by
Martinson Jeffrey O and Martinson Heather
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $334,500 | Titlesmart | |
| Warranty Deed | $170,000 | -- | |
| Warranty Deed | $250,000 | -- | |
| Warranty Deed | $200,500 | -- | |
| Warranty Deed | $114,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,465 | New Conventional | |
| Previous Owner | $106,500 | Commercial | |
| Previous Owner | $162,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $334,500 | -4.4% | $177 / Sq Ft |
| 06/28/2025 06/28/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $350,000 | -- | $186 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2023 | $4,105 | $296,100 | $118,000 | $178,100 |
| 2022 | $3,603 | $286,000 | $112,000 | $174,000 |
| 2021 | $3,394 | $255,000 | $103,000 | $152,000 |
| 2020 | $3,488 | $238,000 | $94,000 | $144,000 |
| 2019 | $3,218 | $244,000 | $96,000 | $148,000 |
| 2018 | $3,206 | $223,000 | $83,000 | $140,000 |
| 2017 | $2,764 | $200,000 | $70,000 | $130,000 |
| 2016 | $2,624 | $181,000 | $65,000 | $116,000 |
| 2015 | $2,469 | $174,000 | $58,000 | $116,000 |
| 2014 | -- | $157,000 | $56,000 | $101,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tefera Kassa
-
David Jenkins
Buyer's Agent in 2025
David Jenkins
Bridge Realty, LLC
(763) 587-3206
1 in this area
6 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6736415
APN: 35-028-24-41-0040
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