NOT LISTED FOR SALE

7308 Chicago Ave Richfield, MN 55423

Estimated Value: $380,000 - $421,000

4 Beds
2 Baths
2,234 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2025

Last sale price $406,000 $182 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,518 / mo

11 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • Laundry Room
  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of May 2025

First Time Available in 23 Years – A Richfield Gem!
Welcome to 7308 Chicago Avenue S—A Meticulously Maintained Home in a Prime Location! This Charming 3-Bedroom Beauty Offers an Updated Kitchen With Granite Countertops, Tile Backsplash,Stylish Flooring, and Fresh Paint Throughout. The Finished Basement Features a Private Ensuite, Den or Home Office, and Plenty of Flex Space for Modern Living. And there's a Laundry Chute! Also New Carpet, and a 24-Foot Deep Garage—Perfect for Full-Sized Vehicles. Step Outside to a Newer Deck Overlooking a Private 3⁄4 Fenced Backyard with Bonus Storage Shed. All Appliances Included. Quick Closing Possible! Move-In Ready, Full of Character, and Ready to Impress—This One Won’t Last! See the Pics A++

Last Agent to Sell the Property

Cain Murray

Exit Realty Nexus Listed on: 04/21/2025

Exit Realty Nexus

Last Buyer's Agent

Kassim Lakis

Northstar Real Estate Associates

Northstar Real Estate Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,059

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 75x130
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Block Exterior
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Blairs Wooddale Columbus 7Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3502824230010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,059

Year Built

Built in 1952

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Metal, Vinyl
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1204
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 2234
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1030
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years
  • Foundation Details: Block
  • Other Structures: Storage Shed
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Laundry Room
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictPhone: 6127986010

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 75x130
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3502824230010
  • Tax Annual Amount: 4059
  • TaxWithAssessments: 4059

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
Apr 21, 2025
Closed on
May 28, 2025
Sold by
Bought by
Seller's Agent
Cain Murray
Exit Realty Nexus
Buyer's Agent
Kassim Lakis
Northstar Real Estate Associates
List Price
$400,000
Sold Price
$406,000
Premium/Discount to List
$6,000
1.5%
Views
30
Current Estimated Value
$397,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,766
Avg. Annual Appreciation
-2.02%
Original Mortgage
$324,800
Outstanding Balance
$321,391
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$75,843

Purchase Details

Closed on
Mar 28, 2025
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$406,000 Stewart Title Company
$180,000 None Listed On Document
-- 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 $324,800
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
05/28/2025 05/28/25 Sold $406,000 +1.5% $182 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $400,000 -- $179 / 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 $4,466 $314,700 $131,000 $183,700
2024 $4,070 $295,600 $115,000 $180,600
2023 $4,059 $299,700 $119,000 $180,700
2022 $3,710 $290,000 $115,000 $175,000
2021 $3,348 $269,000 $117,000 $152,000
2020 $3,539 $243,000 $101,000 $142,000
2019 $3,353 $245,000 $104,000 $141,000
2018 $3,184 $229,000 $92,000 $137,000
2017 $2,662 $192,000 $69,000 $123,000
2016 $2,634 $180,000 $70,000 $110,000
2015 $2,495 $174,000 $64,000 $110,000
2014 -- $160,000 $64,000 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Cain Murray

    Seller's Agent in 2025

    Cain Murray

    Exit Realty Nexus

    (612) 644-7906

    56 Total Sales

    Cain Murray
    Section Image
  • Kassim Lakis

    Buyer's Agent in 2025

    Kassim Lakis

    Northstar Real Estate Associates

    (612) 220-0431

    39 Total Sales

    Kassim Lakis
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6706857

NorthstarMLS

APN: 35-028-24-23-0010

Minnesota Hennepin County Richfield 55423

7308 Chicago Ave, Richfield, MN

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.

NorthstarMLS 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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