$550,000
$5K PRICE DROP

7204 1st Ave S Richfield, MN 55423

Estimated payment $3,548/month

Total Views 6,803
4 Beds
3.5 Baths
3,322 Sq Ft
$166 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • The kitchen features windows
  • No HOA
  • Stainless Steel Appliances
  • 2 Car Detached Garage

About This Home

Wonderful opportunity for a spacious two-story home in the heart of Richfield. The main floor boasts a newly updated kitchen and a primary bedroom with a 3/4 bath and dual walk-in closets. Upstairs, you'll find three generously sized bedrooms and a full bath. Relax on the large front porch or in the newly added backyard patio complete with a fire pit and fenced yard. The roomy lower level offers a huge family room, built-in bar, and flex space. Plus, there's a two-car garage and a super convenient location near Augsburg Park. A must-see!

Listing Agent

Jon Sathe

Edina Realty, Inc. Listed on: 04/09/2026

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,332

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 50x117
  • Property is Fully Fenced
  • Vinyl Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Wooddale 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402824130091

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,332

Year Built

Built in 1999

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Vinyl
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 2240
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Partial, Concrete, Storage Space, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 3322
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1082
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Full, Vinyl
  • Foundation Details: Concrete Perimeter
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Laundry Room
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Security System, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictPhone: 6127986010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x117
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Concrete

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 3402824130091
  • Tax Annual Amount: 7332
  • TaxWithAssessments: 7332

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,907 $475,400 $98,100 $377,300
2023 $6,195 $443,600 $104,400 $339,200
2022 $5,339 $431,000 $108,000 $323,000
2021 $5,133 $370,000 $99,000 $271,000
2020 $5,310 $351,000 $93,000 $258,000
2019 $5,245 $347,000 $92,000 $255,000
2018 $5,168 $335,000 $87,000 $248,000
2017 $4,507 $294,000 $72,000 $222,000
2016 $4,482 $274,000 $65,000 $209,000
2015 $4,330 $268,000 $59,000 $209,000
2014 -- $246,000 $51,000 $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2026 04/26/26 Price Changed $550,000 -0.9% $166 / Sq Ft
04/11/2026 04/11/26 For Sale $555,000 +11.0% $167 / Sq Ft
06/28/2023 06/28/23 Sold $500,000 0.0% $151 / Sq Ft View Prior Sale
06/16/2023 06/16/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $500,000 -- $151 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Edina Realty Title
Warranty Deed $265,000 --
Warranty Deed $169,900 --
Deed $33,000 --
Warranty Deed $53,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $516,500 VA
Source: Public Records

Source: NorthstarMLS

MLS Number: 7052517

NorthstarMLS

APN: 34-028-24-13-0091

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