NOT LISTED FOR SALE

7327 2nd Ave S Richfield, MN 55423

Estimated Value: $429,000 - $478,000

3 Beds
2 Baths
1,978 Sq Ft
$228/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2025

Last sale price $461,000 $233 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,943 / mo

6 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • 2 Car Detached Garage
  • No HOA
  • The kitchen features windows
  • Rear Porch

About This Home

As of May 2025

Beautifully updated and meticulously maintained, this amazing home features extensive recent improvements including new siding & insulation (2021), Trex decking (2023), and a HUGE, dreamy, garage finished in 2020 - just to name a few! Every detail has been thoughtfully enhanced. The interior welcomes you with an inviting living room flooded with natural light from the new front windows, while the beautiful, open kitchen and rare mudroom (with heated floors!) provide both functionality and elegance. The private deck off the sunroom is a true respite with established gardens, a raspberry patch and peonies in the fully fenced back yard. The lower level is finished with a custom bar and a 3/4 bath with heated flooring! Nestled in a friendly neighborhood, this home offers convenient access to Augsburg Park, Woodlake Nature Center, Richfield Pool, and excellent shopping—creating the perfect balance of peaceful living with urban amenities just moments away.

Last Agent to Sell the Property

Jessica Davis

Compass Listed on: 03/18/2025

Compass

Last Buyer's Agent

Matthew Scherer

Coldwell Banker Realty - Lakes

Coldwell Banker Realty - Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,696

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 75x134
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Lower Floor Utility Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Nicollet Garden Lts 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402824130024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,696

Year Built

Built in 1950

Lot Details

10,019 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: 1950
  • Above Grade Finished Sq Ft: 1420
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1978
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 558
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Chain Link, Full, Privacy, Wood
  • Foundation Details: Block
  • PatioPorchType: Composite Decking, Deck, Patio, Porch, Rear Porch

Garage/Parking

  • Parking Features: Detached Garage, Asphalt, Finished Garage, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Sink
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Porch, Skylight, Tile Floors, Washer/Dryer Hookup, Walk-In Closet

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictPhone: 6127986010

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 75x134
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3402824130024
  • Tax Annual Amount: 5696
  • TaxWithAssessments: 5696

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
Mar 18, 2025
Closed on
May 30, 2025
Sold by
Bought by
Seller's Agent
Jessica Davis
Compass
Buyer's Agent
Matthew Scherer
Coldwell Banker Realty - Lakes
List Price
$460,000
Sold Price
$461,000
Premium/Discount to List
$1,000
0.22%
Views
21
Current Estimated Value
$451,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,081
Avg. Annual Appreciation
-1.84%
Original Mortgage
$311,000
Outstanding Balance
$307,755
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$144,164

Purchase Details

Closed on
Apr 11, 2019
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
$290,275
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 1996
Sold by
Bought by
Source: Public Records
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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
$461,000 Burnet Title
$341,500 Minnesota Title
$229,400 --
$150,000 --
$95,500 --
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
Open $311,000
Previous Owner $290,275
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
05/30/2025 05/30/25 Sold $461,000 +0.2% $233 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $460,000 -- $233 / 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 $6,193 $421,600 $112,000 $309,600
2024 $5,710 $399,500 $109,000 $290,500
2023 $5,696 $408,300 $116,000 $292,300
2022 $4,959 $406,000 $120,000 $286,000
2021 $4,789 $349,000 $110,000 $239,000
2020 $3,623 $334,000 $103,000 $231,000
2019 $3,623 $250,000 $102,000 $148,000
2018 $3,419 $245,000 $97,000 $148,000
2017 $2,844 $203,000 $80,000 $123,000
2016 $2,757 $187,000 $72,000 $115,000
2015 $2,618 $181,000 $66,000 $115,000
2014 -- $151,000 $57,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6675014

NorthstarMLS

APN: 34-028-24-13-0024

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