$331,000 - $386,000
RENTED AUG 29, 2025

7408 Chicago Ave Richfield, MN 55423

4 Beds
2 Baths
1,638 Sq Ft
$218 Price per Sq Ft

Highlights

  • Multiple Garages
  • No HOA
  • Living Room
  • Main Floor Primary Bedroom
  • Patio
  • Parking Storage or Cabinetry

About This Home

As of August 2025

This spacious 4-bedroom home in Richfield offers plenty of room for comfort and convenience. With 1 full bath and an additional 3/4 bath, it's perfect for a family or roommates. Enjoy a large family room in the finished basement, ideal for relaxation or entertainment. The 2-car garage features a handy workshop, providing ample space for storage or DIY projects. The fenced-in backyard offers privacy and a great space for outdoor activities. This property is a must-see--schedule a showing today! A max of 6 people allowed in the house.

Last Agent to Rent the Property

Shabnam Golafshan

Edina Realty, Inc. Listed on: 06/12/2025

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1951

Lot Details

  • 10,019

Parking

  • 4 Car Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Parking Fee

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Washer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Chain Link Fence

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 8/1/25
  • Tenant pays for cable TV, gas, trash collection
  • The owner pays for water
  • Assessor Parcel Number 3502824320077

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,066

Year Built

Built in 1951

Lot Details

0

Parking

4

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-08-01
  • Lease Price: 2700.0000
  • ApplicationFee: 75.0000
  • SecurityDeposit: 2700.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1024
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage Space
  • Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Living Area: 1638
  • Below Grade Finished Sq Ft: 614
  • Owner Pays: Water
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Laundry

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link
  • Other Structures: Workshop
  • ConstructionMaterialsDesc: Block,Concrete
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Covered, Detached, Concrete, Garage Door Opener, Multiple Garages, More Parking Onsite for Fee, Storage, Tandem
  • Garage Square Feet: 1000

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Main Floor Primary Bedroom,Patio,Tile Floors

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 0
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Assessor Parcel Number: 3502824320077

Multi Family

  • TenantPays: Cable TV, Gas, Trash Collection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Harms Janet Leone
Bought by
Harms Ryan P
Current Estimated Value
$357,348
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Harms Ryan P $485 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Rented $2,300 -14.8% --
06/12/2025 06/12/25 For Rent $2,700 -- --
Source: NorthstarMLS

Tax History Compared to Growth

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
2023 $4,066 $300,100 $119,000 $181,100
2022 $3,819 $295,000 $115,000 $180,000
2021 $3,476 $276,000 $117,000 $159,000
2020 $3,556 $251,000 $101,000 $150,000
2019 $3,471 $246,000 $104,000 $142,000
2018 $3,238 $236,000 $92,000 $144,000
2017 $2,679 $193,000 $69,000 $124,000
2016 $2,722 $185,000 $70,000 $115,000
2015 $2,583 $179,000 $64,000 $115,000
2014 -- $160,000 $64,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6737796

NorthstarMLS

APN: 35-028-24-32-0077