7539 16th Ave S Richfield, MN 55423
Estimated Value: $374,000 - $405,000
4
Beds
2
Baths
2,894
Sq Ft
$134/Sq Ft
Est. Value
About This Home
This home is located at 7539 16th Ave S, Richfield, MN 55423 and is currently estimated at $387,231, approximately $133 per square foot. 7539 16th 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
Dec 12, 2019
Sold by
Thomas James E
Bought by
Mohamed Fartun Abdulkadir and Mohamed Maryam
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
$240,336
Outstanding Balance
$212,305
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$174,926
Purchase Details
Closed on
Apr 8, 2015
Sold by
Thomas Heidi L
Bought by
Thomas James E
Purchase Details
Closed on
Feb 24, 2006
Sold by
Thomas Gloria V
Bought by
Thomas James E and Thomas Heidi L
Purchase Details
Closed on
Jun 13, 2003
Sold by
Konicek Lawrence R and Konicek Mary S
Bought by
Thomas Gloria
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mohamed Fartun Abdulkadir | $283,500 | Burnet Title | |
| Thomas James E | -- | None Available | |
| Thomas James E | $219,000 | -- | |
| Thomas Gloria | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mohamed Fartun Abdulkadir | $240,336 |
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 |
|---|---|---|---|---|
| 2024 | $5,268 | $362,800 | $135,000 | $227,800 |
| 2023 | $4,808 | $347,100 | $118,000 | $229,100 |
| 2022 | $4,216 | $333,000 | $112,000 | $221,000 |
| 2021 | $4,041 | $295,000 | $103,000 | $192,000 |
| 2020 | $4,107 | $279,000 | $94,000 | $185,000 |
| 2019 | $4,092 | $271,000 | $96,000 | $175,000 |
| 2018 | $4,007 | $264,000 | $83,000 | $181,000 |
| 2017 | $3,470 | $229,000 | $70,000 | $159,000 |
| 2016 | $3,318 | $205,000 | $65,000 | $140,000 |
| 2015 | $3,164 | $198,000 | $58,000 | $140,000 |
| 2014 | -- | $175,000 | $56,000 | $119,000 |
Source: Public Records
Map
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