F
Seller's Agent in 2024
Farris Glover
Bridge Realty, LLC
(612) 251-4163
1 in this area
5 Total Sales
7536 Colfax Ave S Richfield, MN 55423
Estimated Value: $298,000 - $346,405
3
Beds
2
Baths
1,365
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Forced Air Heating and Cooling System
- Stainless Steel Appliances
- 1-Story Property
- 5-minute walk to Fremont Park
About This Home
As of April 2024Wonderful 3 bedroom/2 bathroom home in a great location! This is a complete renovation with all work being completed between 07/2023 - 02/2024. The owners definitely put a lot of time into making this house move in ready! All new roof, plumbing, wiring, windows, kitchen countertops, backsplash and appliances. The basement was also finished with an additional bedroom and bathroom.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,702
Year Built
- Built in 1954
Lot Details
- 6,009 Sq Ft Lot
- Lot Dimensions are 46x129
- Partially Fenced Property
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Finished Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Irwin Shores Subdivision
Listing and Financial Details
- Assessor Parcel Number 3302824410092
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2024
Closed on
Apr 8, 2024
Sold by
Olwell Stephen M and Kelly Ann
Bought by
Xiao Kevin and Truong Khanh
Seller's Agent
Farris Glover
Bridge Realty, LLC
Buyer's Agent
Derek Noles
Mango Realty
List Price
$310,000
Sold Price
$330,000
Premium/Discount to List
$20,000
6.45%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,149
Avg. Annual Appreciation
-0.52%
Original Mortgage
$247,500
Outstanding Balance
$244,957
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$82,622
Purchase Details
Closed on
Jul 17, 2023
Sold by
Underdahl Doris
Bought by
Olwell John and Olwell Stephen
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 |
|---|---|---|---|
| Xiao Kevin | $330,000 | Gibraltar Title | |
| Olwell John | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xiao Kevin | $247,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2024 04/08/24 | Sold | $330,000 | +6.5% | $242 / Sq Ft |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $310,000 | -- | $227 / 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 | $3,702 | $278,000 | $136,800 | $141,200 |
| 2022 | $3,118 | $280,000 | $142,000 | $138,000 |
| 2021 | $2,941 | $233,000 | $116,000 | $117,000 |
| 2020 | $2,785 | $219,000 | $106,000 | $113,000 |
| 2019 | $2,699 | $201,000 | $105,000 | $96,000 |
| 2018 | $2,436 | $192,000 | $98,000 | $94,000 |
| 2017 | $2,058 | $157,000 | $77,000 | $80,000 |
| 2016 | $1,975 | $144,000 | $71,000 | $73,000 |
| 2015 | $2,088 | $152,000 | $79,000 | $73,000 |
| 2014 | -- | $135,000 | $75,000 | $60,000 |
Source: Public Records
Agents Affiliated with this Home
-
Farris Glover
-
Derek Noles
Buyer's Agent in 2024
Derek Noles
Mango Realty
(612) 986-2799
5 in this area
41 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6499632
APN: 33-028-24-41-0092
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