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Community Corner

SOLD! Richfield Continues to be Popular for Senior, First-Time Homebuyers

Richfield remains a home buying destination with eight more homes and senior condos closing last week.

Houses are selling quickly in Richfield. There were 11 closings in Richfield during the last week in April, including four senior (55+) condo units. Prices ranged between $30,000 and $200,000, while the number of days it took to sell these homes ranged from two to 272 days.

Richfield remains popular for those looking for affordable specialty senior housing and for first time buyers. Here are the details for eight of the 11 SOLD! homes:

1) 6329 14th Ave. S.

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Listed by Edina Realty

Two-story single-family

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Four bedrooms, three baths

Days on Market: 261

Lender owned

Closed: April 29, 2011

Original List Price: $257,000

List Price at Time of Offer: $225,000

Sold Price: $200,000

2) 7114 Oliver Ave. S.

Listed by RES Realty

One and one-half story single-family

Four bedrooms, two baths

Days on Market: 8

Closed: April 27, 2011

Original List Price: $219,000

List Price at Time of Offer: $219,000

Sold Price: $214,500

Seller Contribution: $6,800

3) 6645 Thomas Ave. S.

Listed by Edina Realty

Split-level single-family

Three bedrooms, two baths

Days on Market: 25

Lender owned

Closed: April 29, 2011

Original List Price: $199,900

List Price at Time of Offer: $199,900

Sold Price: $194,000

Seller’s Contribution: $5,000

4) 6739 Pillsbury Ave. S.

Listed by Douglas Realty

One-story single-family

Three bedrooms, two baths

Days on Market: 143

Closed: April 29, 2011

Original List Price: $169,800

List Price at Time of Offer: $162,900

Sold Price: $155,000

Seller’s Contribution: $3,100

6) 7139 Elliot Ave. S.

Listed by Coldwell Banker Burnet

One and one-half story single-family

Three bedrooms, one bath

Days on Market: 161

Closed: April 28, 2011

Original List Price: $159,900

List Price at Time of Offer: $127,500

Sold Price: $120,000

Seller’s Contribution: $3,600

7) 6433 Bloomington Ave. S.

Listed by Edina Realty

One and one-half story single-family

Two bedrooms, two baths

Days on Market: 91

Lender owned

Closed: April 26, 2011

Original List Price: $96,000

List Price at Time of Offer: $96,000

Sold Price: $93,900

Seller’s Contribution: $2,817

8) 6500 Woodlake Dr. #105

Listed by Coldwell Banker Burnet

Senior high-rise condo

One bedroom, One bath

Days on Market: 59

Lender owned

Closed: April 27, 2011

Original List Price: $55,000

List Price at Time of Offer: $55,000

Sold Price: $43,000

Stephanie Fox is a licensed real estate agent with Coldwell Banker Burnet.

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