NOT LISTED FOR SALE

7541 Colfax Ave S Richfield, MN 55423

Estimated Value: $329,000 - $346,000

3 Beds
2 Baths
976 Sq Ft
$348/Sq Ft Est. Value

About This Home

This home is located at 7541 Colfax Ave S, Richfield, MN 55423 and is currently estimated at $339,162, approximately $347 per square foot. 7541 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
Jul 12, 2025
Sold by
Hailemichael Million
Bought by
Retta Samrawit
Current Estimated Value
$339,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$124,135
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$215,027

Purchase Details

Closed on
Jul 2, 2004
Sold by
Ernst Amy L
Bought by
Retta Samrawit

Purchase Details

Closed on
Oct 16, 2000
Sold by
Chanthakhoun Kiat
Bought by
Ernst Amy and Williams Jawanga L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Retta Samrawit -- Ancona Title
Retta Samrawit $191,000 --
Ernst Amy $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Retta Samrawit $125,000
Source: Public Records

Tax History Compared to Growth

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 $4,401 $318,800 $158,700 $160,100
2023 $4,104 $304,900 $144,400 $160,500
2022 $3,412 $303,000 $150,000 $153,000
2021 $3,097 $252,000 $123,000 $129,000
2020 $3,243 $229,000 $112,000 $117,000
2019 $3,002 $229,000 $111,000 $118,000
2018 $2,883 $210,000 $104,000 $106,000
2017 $2,453 $181,000 $81,000 $100,000
2016 $2,414 $169,000 $75,000 $94,000
2015 $2,538 $178,000 $84,000 $94,000
2014 -- $162,000 $79,000 $83,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

7541 Colfax Ave S, Richfield, MN

This home is located at 7541 Colfax Ave S, Richfield, MN 55423 and is currently estimated at $339,162, approximately $347 per square foot. 7541 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.

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