Jason Papp
Responds Quickly
Coldwell Banker Realty - Southwest Regional
(612) 416-7094
48 Total Sales
1 in Richfield
$400,000 Price
7128 3rd Ave S Richfield, MN 55423
Richfield AreaEstimated Value: $425,230
4
Beds
3
Baths
2,508
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Living Room
- Laundry Room
- No HOA
- Recessed Lighting
- Storage Room
About This Home
As of October 2025Welcome home! Not a flip. Seller is son of original owners who remodeled it while he lived there for 10 years. Beautifully and thoughtfully updated 4 bedroom, 3 bathroom home with an oversized 2 car garage in the heart of Richfield within walking distance of the High School, Community Center, shopping and dining. Minutes from 494, Crosstown Freeway, 35W, and MSP International airport. New roof on house, garage and shed 09-24. New interior paint 01-25. Installed egress window in 4th bedroom 10-24. Refinished existing hardwood floors on upper level. All remaining flooring in home is new. Updated kitchen. Main level floor plan opened up by removing original walls separating living room and kitchen. Recessed light fixtures throughout. New deck off back of house. Corporate level WiFi connected to Quantum Fiber internet service cable buried in yard. Ezlo smart home with following remotely controlled via smart phone app; 4 electronic door locks, thermostat, multiple lights, 3 external cameras, 1 internal camera. 3 wall mounted TV’s included in sale. Central vacuum system. HVAC equipment recently inspected and certified as in good working condition by Bonfe.
Last Agent to Sell the Property
eXp Realty Brokerage Phone: 612-229-2296 Listed on: 09/24/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,264
Year Built
- Built in 1965
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 128x60
Parking
- 2 Car Garage
Interior Spaces
- 1-Story Property
- Recessed Lighting
- 1 Fireplace
- Family Room
- Living Room
- Storage Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Wooddale 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3402824120117
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
Listed on
Sep 24, 2025
Closed on
Oct 30, 2025
Sold by
Hoyer Edward C
Bought by
Seller's Agent
Christopher Bailey
eXp Realty
Buyer's Agent
Brad Olson
Edina Realty, Inc.
List Price
$414,900
Sold Price
$417,500
Premium/Discount to List
$2,600
0.63%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,730
Avg. Annual Appreciation
2.11%
Original Mortgage
$369,500
Outstanding Balance
$366,309
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$58,922
Purchase Details
Closed on
Aug 25, 2025
Sold by
Hoyer Charles G and Hoyer Sandra E
Bought by
Hoyer Edward C
Purchase Details
Closed on
Jun 14, 2019
Sold by
Hoyer Charles G and Hoyer Sandra E
Bought by
Hoyer Charles G and Hoyer Sandra E
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Richfield, MN
-
Jason Papp
-
Mark Duffy
Mark Duffy
Keller Williams Select Realty
(651) 370-8818
104 Total Sales
1 in Richfield
$307,100 Price
-
Phong Cao
Phong Cao
RE/MAX Advantage Plus
(651) 370-8755
82 Total Sales
1 in Richfield
$330,000 Price
-
Ryan Mann
Ryan Mann
Coldwell Banker Realty
(612) 255-1656
147 Total Sales
1 in Richfield
$200,000 Price
-
Jessica Thue
Jessica Thue
Edina Realty, Inc.
(952) 856-8616
76 Total Sales
1 in Richfield
$333,500 Price
-
Peter Hiller
Peter Hiller
Responds QuicklyKeller Williams Integrity Realty
(612) 260-9412
81 Total Sales
1 in Richfield
$330,000 Price
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 |
|---|---|---|---|
| $417,500 | Gibraltar Title | ||
| Hoyer Edward C | $500 | None Listed On Document | |
| Hoyer Charles G | $500 | None Available |
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 |
|---|---|---|---|
| Open | $369,500 | ||
| Previous Owner | Hoyer Charles G | $134,839 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Sold | $417,500 | +0.6% | $166 / Sq Ft |
| 10/09/2025 10/09/25 | Pending | -- | -- | -- |
| 09/24/2025 09/24/25 | For Sale | $414,900 | -- | $165 / Sq Ft |
Source: NorthstarMLS
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 | $4,508 | $317,300 | $100,800 | $216,500 |
| 2024 | $4,264 | $307,900 | $98,100 | $209,800 |
| 2023 | $4,240 | $311,700 | $104,400 | $207,300 |
| 2022 | $3,866 | $313,000 | $108,000 | $205,000 |
| 2021 | $3,745 | $279,000 | $99,000 | $180,000 |
| 2020 | $3,820 | $268,000 | $93,000 | $175,000 |
| 2019 | $3,809 | $262,000 | $92,000 | $170,000 |
| 2018 | $3,744 | $256,000 | $87,000 | $169,000 |
| 2017 | $3,176 | $223,000 | $72,000 | $151,000 |
| 2016 | $2,988 | $200,000 | $65,000 | $135,000 |
| 2015 | $2,845 | $194,000 | $59,000 | $135,000 |
| 2014 | -- | $169,000 | $51,000 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Bailey
Seller's Agent in 2025
Christopher Bailey
eXp Realty
(320) 500-4397
7 Total Sales
-
Brad Olson
Buyer's Agent in 2025
Brad Olson
Edina Realty, Inc.
(612) 590-6338
93 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6794434
APN: 34-028-24-12-0117
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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