NOT LISTED FOR SALE

7040 Garfield Ave Richfield, MN 55423

Richfield Area

Estimated Value: $336,249

3 Beds
1 Bath
1,246 Sq Ft
$270/Sq Ft Est. Value

About This Home

This home is located at 7040 Garfield Ave, Richfield, MN 55423 and is currently priced at $336,249, approximately $269 per square foot. 7040 Garfield Ave is a home located in Hennepin County.

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2025
Sold by
Current Estimated Value
$336,249

Purchase Details

Closed on
Jul 13, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$325,000 Watermark Title
$290,000 --
$290,000 None Listed On Document
-- None Listed On Document
$229,900 --
$195,000 --
$107,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $16,500
Closed $246,500
Previous Owner $171,800
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,184 $299,100 $114,300 $184,800
2024 $4,357 $300,100 $126,000 $174,100
2023 $4,187 $302,300 $130,500 $171,800
2022 $3,799 $331,000 $126,000 $205,000
2021 $3,583 $277,000 $101,000 $176,000
2020 $3,538 $260,000 $102,000 $158,000
2019 $3,570 $247,000 $99,000 $148,000
2018 $3,403 $244,000 $98,000 $146,000
2017 $2,928 $210,000 $78,000 $132,000
2016 $2,939 $199,000 $79,000 $120,000
2015 $2,779 $192,000 $72,000 $120,000
2014 -- $164,000 $57,000 $107,000
Source: Public Records

Map

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