Community Corner
SOLD! Richfield Homes Continue to Sell at a Moderate Pace
Foreclosed homes offer investors and others opportunities.
The increase in sales and closings, up from previous months, continues in Richfield. While the pace cannot accurately be described as brisk, the number of homes closing continues at a moderate pace, better than many other metro communities. Buyers seem most interested in picking up bank owned properties, but whether or not they are buying to live in, fix and sell or to rent out the home, only time will tell.
Richfield homes continue to be good buying opportunities for first time buyers as well as investors.
Here are the details on the eight Richfield homes SOLD! the second week in May 2011:
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1) 7308 Queen Ave. S.
Listed by: Edina Realty
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One-story, single-family home
Two bedrooms, one bath
Days on Market: 6
Closed: May 12, 2011
Original List Price: $69,900
List Price at Time of Offer: $69,900
Sold Price: $68,000
2) 6741 Thomas Ave. S.
Listed by: Edina Realty
One-story, single-family home
Three bedrooms, two baths
Days on Market: 145
Closed: May 16, 2011
Original List Price: $210,000
List Price at Time of Offer: $179,900
Sold Price: $174,800
Seller’s Contribution: $7,000
3) 7633 Harriet Ave. S.
Listed by: Keller Williams Integrity
One- and one-half-story, single-family home
Three bedrooms, one bath
Days on Market: 19
Closed: May 12, 2011
Lender owned
Original List Price: $122,000
List Price at Time of Offer: $117,000
Sold Price: $114,000
Seller’s Contribution: $1,312
4) 7241 Garfield Ave. S.
Listed by: Re/Max Advantage Plus
One-story, single-family home
Two bedrooms, two baths
Days on Market: 73
Closed: May 16, 2011
Lender owned
Original List Price: $129,900
List Price at Time of Offer: $109,900
Sold Price: $107,000
Seller’s Contribution: $6,000
5) 136 E. 69th St.
Listed by: Re/Max Advantage Plus
One- and one-half-story, single-family home
Four bedrooms, three baths
Days on Market: 37
Lender owned
Closed: May 13, 2011
Original List Price: $95,000
List Price at Time of Offer: $95,000
Sold Price: $88,000
6) 6714 17th Ave. S.
Listed by: Prodigy Real Estate
One-story, single-family home
Three bedrooms, two baths
Days on Market: 21
Lender owned
Closed: May 11, 2011
Original List Price: $88,900
List Price at Time of Offer: $88,900
Sold Price: $89,900
Seller’s Contribution: $1,222
7) 6615 Lake Shore Dr. S.
Listed by: Coldwell Banker Burnet
Senior condo
Two bedrooms, one bath
Days on Market: 8
Closed: May 16, 2011
Original List Price: $80,000
List Price at Time of Offer: $80,000
Sold Price: $79,000
Seller’s Contribution: $4,740
8) 1538 Fern Dr.
Listed by: Edina Realty
One-story, single-family home
Three bedrooms, two baths
Days on Market: 17
Lender owned
Closed: May 12, 2011
Original List Price: $99,000
List Price at Time of Offer: $94,050
Sold Price: $92,000
Stephanie Fox is a licensed real estate agent with Coldwell Banker Burnet.