7615 Xerxes Ave S Richfield, MN 55423
Estimated Value: $368,000 - $431,000
2
Beds
2
Baths
1,482
Sq Ft
$268/Sq Ft
Est. Value
About This Home
This home is located at 7615 Xerxes Ave S, Richfield, MN 55423 and is currently estimated at $396,610, approximately $267 per square foot. 7615 Xerxes 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
Jan 23, 2015
Sold by
Petty Michael G and James Michelle
Bought by
Petty Michael G and James Michelle
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
$176,000
Outstanding Balance
$139,239
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$252,242
Purchase Details
Closed on
Jul 20, 1999
Sold by
Estate Of William Kendall and Medici Candyce
Bought by
Petty Michael G and Knipe Mary A
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Petty Michael G | -- | Worldwide Recording Inc | |
Petty Michael G | $137,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Petty Michael G | $25,000 | |
Open | Petty Michael G | $176,000 | |
Closed | Petty Michael G | $48,000 | |
Closed | Petty Michael G | $256,000 |
Source: Public Records
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 | $5,790 | $415,000 | $158,000 | $257,000 |
2022 | $4,603 | $386,000 | $138,000 | $248,000 |
2021 | $4,460 | $327,000 | $117,000 | $210,000 |
2020 | $4,587 | $314,000 | $107,000 | $207,000 |
2019 | $4,509 | $309,000 | $108,000 | $201,000 |
2018 | $4,039 | $298,000 | $101,000 | $197,000 |
2017 | $3,497 | $243,000 | $79,000 | $164,000 |
2016 | $3,437 | $226,000 | $80,000 | $146,000 |
2015 | $3,256 | $218,000 | $72,000 | $146,000 |
2014 | -- | $201,000 | $75,000 | $126,000 |
Source: Public Records
Map
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