7412 1st Ave S Richfield, MN 55423
5
Beds
3
Baths
2,180
Sq Ft
10,019
Sq Ft Lot
Highlights
- No HOA
- Central Air
- Family Room
- Eat-In Kitchen
- Baseboard Heating
- Wood Burning Fireplace
About This Home
As of March 2025Charming 5 bedroom, 3 bathroom 1.5 story home located in Richfield, blocks away from community center and parks. Easy access to 494 and just South of Hwy 62. Walk into a cozy living room with a wood burning fireplace. 2 bedrooms and a full bath on the main level as well as a spacious kitchen and dining area. 2 bedrooms and full bathroom upstairs and downstairs one bedroom and a 3/4 bath plus a family room and laundry/storage area. Rare 4 stall garage / workshop, huge deck and backyard space. This home has newly refinished wood floors and lots of character. Don't miss out! Schedule a private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,288
Year Built
- Built in 1946
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 75x134
- Chain Link Fence
Parking
- 4 Car Garage
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Basement
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Baseboard Heating
- Boiler Heating System
Community Details
- No Home Owners Association
- Nicollet Garden Lts Subdivision
Listing and Financial Details
- Assessor Parcel Number 3402824420051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2025
Closed on
Mar 24, 2025
Sold by
Stovall Daniel L and Stovall Bridget F
Bought by
Guaman Gladis E Llapa and Llapa Kevin Ismael
Seller's Agent
Kendra Olsen
Keller Williams Realty Integrity
Buyer's Agent
Monica Kennett
National Realty Guild
List Price
$400,000
Sold Price
$397,000
Premium/Discount to List
-$3,000
-0.75%
Total Days on Market
21
Views
139
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,970
Avg. Annual Appreciation
2.22%
Original Mortgage
$18,000
Outstanding Balance
$18,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$381,970
Purchase Details
Closed on
Oct 30, 2019
Sold by
Schmidt Kurt and Schmidt Emily
Bought by
Stovall Daniel L and Stovall Bridget F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,910
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2015
Sold by
Kelly Daniel J and Kelly Jill K
Bought by
Schmidt Kurt and Schmidt Emily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,491
Interest Rate
4.12%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 8, 2013
Closed on
May 17, 2013
Sold by
Human Habitat Venture Inc
Bought by
Kelly Daniel J and Kelly Jill K
Seller's Agent
Matt Lill
Edina Realty, Inc.
Buyer's Agent
Michael Tierney
Edina Realty, Inc.
List Price
$249,900
Sold Price
$245,900
Premium/Discount to List
-$4,000
-1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$221,310
Interest Rate
3.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2012
Sold by
Dela Cruz Megan and De La Cruz Garcia Arturo
Bought by
Human Venture Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Dela Cruz Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 11, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 23, 2011
Sold by
Beach Richard M
Bought by
Bac Home Loans Servicing Lp
Purchase Details
Closed on
Nov 4, 2008
Sold by
Poulson Emily
Bought by
Brewington Jared and Manaski Andrea
Purchase Details
Closed on
Jun 16, 2004
Sold by
Johnson Jennifer L
Bought by
Beach Richard M
Purchase Details
Closed on
Aug 12, 2002
Sold by
Field James H
Bought by
Johnson Jennifer L and Johnson Jeffrey Paul
Similar Homes in Richfield, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $397,000 | Partners Title | |
| Warranty Deed | $299,900 | Watermark Title Agency | |
| Warranty Deed | $293,814 | Burnet Title | |
| Warranty Deed | $242,161 | Watermark Title Agency | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Signature Title Midwest Serv | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $278,407 | -- | |
| Contract Of Sale | $310,000 | -- | |
| Warranty Deed | $273,500 | -- | |
| Warranty Deed | $227,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $18,000 | New Conventional | |
| Open | $385,090 | New Conventional | |
| Previous Owner | $288,000 | Construction | |
| Previous Owner | $269,500 | New Conventional | |
| Previous Owner | $269,910 | New Conventional | |
| Previous Owner | $288,491 | FHA | |
| Previous Owner | $221,310 | New Conventional | |
| Previous Owner | $45,000 | Unknown | |
| Previous Owner | $173,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $397,000 | -0.8% | $182 / Sq Ft |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 02/15/2025 02/15/25 | For Sale | $400,000 | +62.7% | $183 / Sq Ft |
| 05/17/2013 05/17/13 | Sold | $245,900 | -1.6% | $107 / Sq Ft |
| 04/19/2013 04/19/13 | Pending | -- | -- | -- |
| 04/08/2013 04/08/13 | For Sale | $249,900 | -- | $109 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,288 | $381,200 | $116,000 | $265,200 |
| 2022 | $4,724 | $376,000 | $120,000 | $256,000 |
| 2021 | $4,568 | $334,000 | $110,000 | $224,000 |
| 2020 | $4,647 | $320,000 | $103,000 | $217,000 |
| 2019 | $4,520 | $312,000 | $102,000 | $210,000 |
| 2018 | $4,304 | $298,000 | $97,000 | $201,000 |
| 2017 | $3,691 | $254,000 | $80,000 | $174,000 |
| 2016 | $3,642 | $237,000 | $72,000 | $165,000 |
| 2015 | $3,492 | $231,000 | $66,000 | $165,000 |
| 2014 | -- | $191,000 | $57,000 | $134,000 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Kendra Olsen
Keller Williams Realty Integrity
-
J
Seller Co-Listing Agent in 2025
Joseph Olsen
Keller Williams Realty Integrity
-
M
Buyer's Agent in 2025
Monica Kennett
National Realty Guild
-
M
Seller's Agent in 2013
Matt Lill
Edina Realty, Inc.
-
M
Buyer's Agent in 2013
Michael Tierney
Edina Realty, Inc.
Map
Source: NorthstarMLS
MLS Number: 6657695
APN: 34-028-24-42-0051
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