$420,000
SOLD JUL 14, 2026

7338 Thomas Ave S Richfield, MN 55423

Richfield Area
4 Beds
2 Baths
1,850 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: July 14, 2026

$227 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Area or Nook
  • 2 Car Detached Garage
  • No HOA
  • Lower Floor Utility Room
  • Patio

About This Home

As of July 2026

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.

Last Agent to Sell the Property

Jason Miskowic

RE/MAX Advantage Plus Listed on: 05/22/2026

RE/MAX Advantage Plus

Last Buyer's Agent

Luke Carlson

Pemberton RE

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
  • Stone Exterior Construction
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,522

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: Stone, Vinyl
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected, City Water - In Street
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1130
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • NST_SingleFamilySubType: Ranch-Style Home
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Sump Basket
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 1850
  • Fireplace: No
  • Below Grade Finished Sq Ft: 720
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Composite, Full, Privacy
  • Foundation Details: Block
  • Other Structures: Storage Shed
  • PatioPorchType: Patio

Garage/Parking

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

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected, City Sewer - In Street
  • LaundryFeatures: Lower Level, Laundry Room
  • Electric: Circuit Breakers
  • 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: 75x134
  • Land Lease: No
  • Lot Features: Tree Coverage - Light, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 3202824130044
  • Tax Annual Amount: 5522
  • TaxWithAssessments: 5532

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

Closed on
Jun 5, 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
$307,490
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
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
$209,300
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Richfield, MN

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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 --
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 Loan Amount Loan Type
Open $307,000 New Conventional
Closed $307,490 New Conventional
Previous Owner $7,240 Unknown
Previous Owner $209,300 New Conventional
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
07/14/2026 07/14/26 Sold $420,000 +1.2% $227 / Sq Ft
06/28/2026 06/28/26 Pending -- -- --
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
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 $5,532 $369,300 $129,000 $240,300
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7079221

NorthstarMLS

APN: 32-028-24-13-0044

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