7338 Thomas Ave S Richfield, MN 55423
Estimated payment $2,696/month
Highlights
- Ranch Style House
- Breakfast Area or Nook
- 2 Car Detached Garage
- No HOA
- Lower Floor Utility Room
- Patio
About This Home
Welcome home to this stunning rambler in highly sought-after West Richfield! Move-in ready and filled with natural light, this beautifully updated home blends timeless charm with modern conveniences in an unbeatable location. Step inside to discover gleaming hardwood floors, fresh designer paint colors, and tastefully remodeled bathrooms. The show-stopping kitchen renovation opens seamlessly to a spacious dining room addition, creating the perfect space for both everyday living and entertaining. Just off the kitchen, your private backyard oasis awaits. Enjoy summer barbecues, outdoor dining, and relaxing evenings on the expansive stamped concrete patio, complete with a premium Bullfrog A7 hot tub. Its full-foam insulation and efficient design keep operating costs low through Minnesota winters, and the saltwater sanitizing system means soft, gentle water and far less upkeep than a traditional spa. Ideally situated a short walk from the Edina Promenade's shops and dining, with parks, the library, and public transit close at hand, this home offers exceptional convenience and accessibility. The best part? The expensive, invisible work is already done. This home has been updated where it counts: a CIPP-relined sewer (a typical $12K or more repair on homes of this era), new roof, high-efficiency furnace, water heater, and 200-amp electrical service with underground fiber (uncommon in the area). Move in with confidence. The big-ticket items are complete.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,522
Year Built
- Built in 1950
Lot Details
- Lot Dimensions are 75x134
- Property is Fully Fenced
- Privacy Fence
- Chain Link Fence
- Few Trees
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Block Foundation
- Block Exterior
- Vinyl Siding
- Wood Composite
Interior Spaces
- Gas Fireplace
- Family Room with Fireplace
- Open Floorplan
- Lower Floor Utility Room
Kitchen
- Breakfast Area or Nook
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Basement Window Egress
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- Penn Lake Terrace 1St Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 3202824130044
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $5,532 | $378,000 | $143,000 | $235,000 |
| 2023 | $5,500 | $394,200 | $158,000 | $236,200 |
| 2022 | $4,446 | $366,000 | $138,000 | $228,000 |
| 2021 | $4,273 | $309,000 | $117,000 | $192,000 |
| 2020 | $3,399 | $293,000 | $107,000 | $186,000 |
| 2019 | $3,361 | $237,000 | $108,000 | $129,000 |
| 2018 | $2,976 | $230,000 | $101,000 | $129,000 |
| 2017 | $2,521 | $184,000 | $79,000 | $105,000 |
| 2016 | $2,501 | $173,000 | $80,000 | $93,000 |
| 2015 | $2,332 | $165,000 | $72,000 | $93,000 |
| 2014 | -- | $150,000 | $75,000 | $75,000 |
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 |
|---|---|---|---|---|
| 06/17/2026 06/17/26 | Price Changed | $414,900 | -2.4% | $224 / Sq Ft |
| 06/10/2026 06/10/26 | Price Changed | $424,900 | -2.3% | $230 / Sq Ft |
| 05/27/2026 05/27/26 | For Sale | $434,900 | -- | $235 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $317,000 | Edina Realty Title Inc | |
| Warranty Deed | $209,300 | -- | |
| Warranty Deed | $164,300 | -- | |
| Deed | $128,500 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $307,490 | New Conventional |
Source: NorthstarMLS
MLS Number: 7079221
APN: 32-028-24-13-0044
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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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Ask me questions while you tour the home.