NOT LISTED FOR SALE

1020 Rae Dr Unit 3 Richfield, MN 55423

Estimated Value: $219,000 - $265,512

3 Beds
2 Baths
1,262 Sq Ft
$191/Sq Ft Est. Value

About This Home

This spacious 3 bedroom, 2 bathroom one level is located in a prime Richfield area super convenient to highways, the airport and walking distance to shops, restaurants, entertainment and more. Set between Richfield Lake and Woodlake Nature Center in the Wood Lake Village community this property boasts a lake, walking paths, mature trees and nature. Great features of this property include:

~ All new carpet and plank flooring throughout
~ Fresh paint throughout
~ One level living

~ 3 bedrooms
~ 2 bathrooms
~ Large living room & dining room

~ Wood burning fireplace
~ Large closets
~ Large utility room with plenty of storage

~ Great lake views
~ 1 car garage
~ Off street parking

RENTAL TERMS:
- No pets allowed
- Minimum verifiable income of 3 times monthly rent
- Minimum credit score of 580
- Clean rental history

Please call Steve for more information and to set up a showing.

This property is leased and professionally managed by New Concepts Management and the leasing agent is a licensed real estate agent with Bridge Realty LLC.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $1,850 -- --
11/25/2024 11/25/24 For Rent $1,850 -- --

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 $3,283 $226,100 $57,600 $168,500
2023 $3,090 $223,100 $57,600 $165,500
2022 $2,830 $222,000 $58,000 $164,000
2021 $2,448 $198,000 $58,000 $140,000
2020 $2,546 $169,000 $58,000 $111,000
2019 $2,372 $168,000 $55,000 $113,000
2018 $2,169 $153,000 $47,000 $106,000
2017 $1,985 $131,000 $40,000 $91,000
2016 $1,845 $114,000 $42,000 $72,000
2015 $1,742 $109,000 $42,000 $67,000
2014 -- $105,000 $42,000 $63,000
Source: Public Records

Map

Minnesota Hennepin County Richfield 55423

1020 Rae Dr Unit 3, Richfield, MN

Not Listed for Sale

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