$320,000
SOLD MAY 8, 2025

7034 18th Ave S Richfield, MN 55423

3 Beds
2 Baths
1,966 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

11% Below List Price

94 Days on Market

Highlights

  • 1 Fireplace
  • Den
  • 1-Story Property
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Charming 3-bedroom, 2-bathroom home with a 2-car garage in the heart of Richfield! This property is the perfect starter home, offering a cozy and functional layout. Conveniently located near school, park, Mall of America, and the MSP Airport, this home provides easy access to both amenities and major destinations. Don’t miss this fantastic opportunity to own in a highly desirable area!

Last Agent to Sell the Property

Raul Sanchez Aguilar

RES Realty Listed on: 01/03/2025

RES Realty

Last Buyer's Agent

Elba Garza

Keller Williams Integrity Realty

Keller Williams Integrity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,146

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Den
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Engberg Walden 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3502824110029

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,146

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Living Area: 1966
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 926
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Den

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 575

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x140
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3502824110029
  • Tax Annual Amount: 4146
  • TaxWithAssessments: 5620.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
May 8, 2025
Sold by
Estrada Leticia Ramirez and Flores Guadalupe Lorenzo
Bought by
Solis Miguel A Hernandez and Pliego Rosalba Cuate
Seller's Agent
Raul Sanchez Aguilar
RES Realty
Buyer's Agent
Elba Garza
Keller Williams Integrity Realty
List Price
$359,900
Sold Price
$320,000
Premium/Discount to List
-$39,900
-11.09%
Views
266
Current Estimated Value
$312,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,956
Avg. Annual Appreciation
-5.96%
Original Mortgage
$32,000
Outstanding Balance
$12,909
Interest Rate
6.81%
Estimated Equity
$299,135

Purchase Details

Listed on
Jan 3, 2025
Closed on
Apr 30, 2025
Sold by
Robert M Anderson Trust and Anderson Robert M
Bought by
Flores Guadalupe Lorenzo and Estrada Leticia Ramirez
Seller's Agent
Raul Sanchez Aguilar
RES Realty
Buyer's Agent
Elba Garza
Keller Williams Integrity Realty
List Price
$359,900
Sold Price
$320,000
Premium/Discount to List
-$39,900
-11.09%
Views
266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Outstanding Balance
$12,909
Interest Rate
6.81%
Estimated Equity
$299,135

Purchase Details

Closed on
Jan 13, 2022
Sold by
Robert M Anderson Trust
Bought by
Flores Guadalupe Lorenzo and Estrada Leticia Ramirez

Purchase Details

Closed on
May 15, 2021
Sold by
Anderson Barry Christian
Bought by
Robert M Anderson Trust

Purchase Details

Closed on
May 13, 2021
Sold by
Nelson Jeff F and Nelson Kirsten D
Bought by
Anderson Barry Christian

Purchase Details

Closed on
Feb 20, 2004
Sold by
You Suon and You Chantheary
Bought by
Nelson Jeff F and Nelson Kirsten D
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $320,000 Market Title
Deed $265,000 Market Title
Contract Of Sale $265,000 --
Warranty Deed $265,000 None Listed On Document
Contract Of Sale $265,000 --
Warranty Deed $1,256,233 None Available
Warranty Deed $201,454 Minnesota Title
Warranty Deed $199,900 --
Deed $201,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $32,000 No Value Available
Open $279,500 New Conventional
Closed $201,454 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Sold $320,000 -5.9% $163 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/28/2025 02/28/25 Price Changed $339,900 -2.9% $173 / Sq Ft
02/13/2025 02/13/25 Price Changed $349,900 -2.8% $178 / Sq Ft
01/03/2025 01/03/25 For Sale $359,900 -- $183 / Sq Ft
Source: NorthstarMLS

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 $6,511 $317,100 $128,300 $188,800
2023 $5,620 $299,300 $112,100 $187,200
2022 $3,489 $289,000 $106,000 $183,000
2021 $3,300 $257,000 $98,000 $159,000
2020 $3,341 $242,000 $89,000 $153,000
2019 $3,202 $235,000 $91,000 $144,000
2018 $2,991 $222,000 $79,000 $143,000
2017 $2,584 $189,000 $67,000 $122,000
2016 $2,449 $171,000 $62,000 $109,000
2015 $2,296 $164,000 $55,000 $109,000
2014 -- $149,000 $53,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6644490

NorthstarMLS

APN: 35-028-24-11-0029