NOT LISTED FOR SALE

7633 Colfax Ave S Richfield, MN 55423

Estimated Value: $339,000 - $388,000

4 Beds
1 Bath
2,238 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $172,000 $77 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,312/month

88 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • Wood Flooring
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2014

Nestled on quiet street in easy location, close to restaurants, schools, parks. Rare 4 bedroom updated home - New roof, appliances, newly finished LL, windows re-glazed, new carpeting. Three season porch flows to patio & spacious private, landscaped yard.

Last Agent to Sell the Property

Lisa Eckert

Edina Realty, Inc. Listed on: 07/16/2014

Last Buyer's Agent

Mimi Schoneman

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1951

Lot Details

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

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Combination Dining and Living Room
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Patio
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3302824440006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,450

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.23
  • Construction: Previously Owned
  • Foundation Size: 795
  • Parcel Number: 3302824440006
  • Projected Closed Date: 10/31/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2450
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17x17, On Level: Main
  • Room 3: Family Room, 18x16, On Level: Lower
  • Room 4: Kitchen, 12x9, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 11x10, On Level: Main
  • Room 7: 11x10, On Level: Lower
  • Room 8: Bedroom, 15x11, On Level: Upper
  • Room 9: Porch, 10x10, On Level: Main
  • Room 10: Laundry Room, 10x9, On Level: Lower
  • Room 11: Workshop, 15x11, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1698
  • Below Grade Finished Sq Ft: 540
  • Total Fin Square Footage: 2238

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Richfield #280

Lot Info

  • Estimated Lot Dimensions: 75x130
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2014
  • Tax Value: 2450

MLS Schools

  • School District: Richfield #280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 30, 2014
Sold by
Maida Christina R
Bought by
Germain Aaron
Seller's Agent
Lisa Eckert
Edina Realty, Inc.
Buyer's Agent
Mimi Schoneman
RE/MAX Results
List Price
$200,000
Sold Price
$172,000
Premium/Discount to List
-$28,000
-14%
Current Estimated Value
$352,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,789
Avg. Annual Appreciation
7.22%
Original Mortgage
$137,600
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2009
Sold by
Vivanco Antonia E and Hernandez Alberta Cruz
Bought by
Maida Christina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,174
Interest Rate
5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Germain Aaron $172,000 Watermark Title Agency
Maida Christina R $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germain Aaron $200,000
Closed Germain Aaron $62,000
Closed Germain Aaron $137,600
Previous Owner Maida Christina R $153,174
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $172,000 -14.0% $77 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $200,000 -- $89 / 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
2023 $4,164 $308,900 $152,000 $156,900
2022 $3,552 $310,000 $158,000 $152,000
2021 $3,286 $261,000 $129,000 $132,000
2020 $3,358 $241,000 $118,000 $123,000
2019 $3,202 $236,000 $117,000 $119,000
2018 $2,955 $222,000 $109,000 $113,000
2017 $2,468 $182,000 $85,000 $97,000
2016 $2,414 $169,000 $79,000 $90,000
2015 $2,538 $178,000 $88,000 $90,000
2014 -- $159,000 $83,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4648637

REALTOR® Association of Southern Minnesota

APN: 33-028-24-44-0006