NOT LISTED FOR SALE

7621 Colfax Ave S Richfield, MN 55423

Estimated Value: $336,164 - $369,000

3 Beds
1 Bath
1,576 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $164,900 $105 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,189/month

90 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Patio
  • 1 Car Attached Garage
  • Woodwork
  • Bathroom on Main Level

About This Home

As of September 2014

Buyer walked away after it was approved and scheduled to close. Charming home! Updated. Extra large lot that's fenced, hard wood floors, Six panel doors, (2) 3-season porches. New furnace and A/C. Nice upper level bedroom. Quick possession.

Last Agent to Sell the Property

David Giblin

RE/MAX Results Listed on: 06/07/2014

Last Buyer's Agent

Kanada Yazbek

Better Homes and Gardens Real

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1951

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Few Trees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 3302824440004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,292

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 824
  • Parcel Number: 3302824440004
  • Potential Short Sale: Yes
  • Stories: 1.25 - 1.75 Story
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x11, On Level: Main
  • Room 2: Dining Room, 10x7, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 18x10, On Level: Upper
  • Room 9: 3 Season Porch, 22x10, On Level: Main
  • Room 10: 3 Season Porch, 11x10, On Level: Main
  • Basement Features: Partially Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1233
  • Below Grade Finished Sq Ft: 343
  • Total Fin Square Footage: 1576

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 75X130
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2013
  • Tax Value: 2292

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2017
Sold by
Hill Jerad and Hill Kali L
Bought by
Marcus Eric and Marcus Alyssa
Current Estimated Value
$348,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,837
Outstanding Balance
$191,781
Interest Rate
3.96%
Mortgage Type
VA
Estimated Equity
$157,010

Purchase Details

Listed on
Jun 7, 2014
Closed on
Sep 26, 2014
Sold by
Poss Landon W
Bought by
Munger Kali L
Seller's Agent
David Giblin
RE/MAX Results
Buyer's Agent
Kanada Yazbek
Better Homes and Gardens Real
List Price
$162,900
Sold Price
$164,900
Premium/Discount to List
$2,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$156,655
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Press Jehan C and Press April
Bought by
Poss Landon W

Purchase Details

Closed on
May 19, 2004
Sold by
Carlson Cindy M and Korthof Brian D
Bought by
Press Jehan C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Marcus Eric $225,000 Liberty Title Inc
Munger Kali L $164,900 Liberty Title Inc
Poss Landon W $177,000 --
Press Jehan C $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcus Eric $229,837
Previous Owner Munger Kali L $156,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $164,900 +1.2% $105 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
06/07/2014 06/07/14 For Sale $162,900 -- $103 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,538 $327,500 $167,000 $160,500
2023 $4,249 $314,600 $152,000 $162,600
2022 $3,629 $316,000 $158,000 $158,000
2021 $3,300 $266,000 $129,000 $137,000
2020 $3,424 $242,000 $118,000 $124,000
2019 $3,186 $240,000 $117,000 $123,000
2018 $3,045 $221,000 $109,000 $112,000
2017 $2,567 $188,000 $85,000 $103,000
2016 $2,518 $175,000 $79,000 $96,000
2015 $2,469 $174,000 $88,000 $86,000
2014 -- $154,000 $83,000 $71,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Giblin

    RE/MAX

  • K

    Buyer's Agent in 2014

    Kanada Yazbek

    Better Homes and Gardens Real

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4630868

REALTOR® Association of Southern Minnesota

APN: 33-028-24-44-0004

Minnesota Hennepin County Richfield 55423

7621 Colfax Ave S, Richfield, MN

Not Listed for Sale

Detached

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