7420 3rd Ave S Richfield, MN 55423
Estimated Value: $300,000 - $323,000
3
Beds
2
Baths
840
Sq Ft
$371/Sq Ft
Est. Value
About This Home
This home is located at 7420 3rd Ave S, Richfield, MN 55423 and is currently estimated at $311,615, approximately $370 per square foot. 7420 3rd Ave S is a home located in Hennepin County with nearby schools including Centennial Elementary School, Richfield Middle School, and Horizon Science Academy Twin Cities.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 9, 2025
Sold by
Portwood Lee T and Portwood Marianne
Bought by
Portwood 3Rd Ave Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Portwood 3Rd Ave Llc | $485 | None Listed On Document |
Source: Public Records
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 |
|---|---|---|---|---|
| 2024 | $3,845 | $262,800 | $109,000 | $153,800 |
| 2023 | $3,814 | $273,100 | $116,000 | $157,100 |
| 2022 | $3,463 | $271,000 | $120,000 | $151,000 |
| 2021 | $3,291 | $240,000 | $110,000 | $130,000 |
| 2020 | $3,305 | $225,000 | $103,000 | $122,000 |
| 2019 | $3,178 | $216,000 | $102,000 | $114,000 |
| 2018 | $3,178 | $203,000 | $97,000 | $106,000 |
| 2017 | $2,682 | $175,000 | $80,000 | $95,000 |
| 2016 | $2,634 | $161,000 | $72,000 | $89,000 |
| 2015 | $2,504 | $155,000 | $66,000 | $89,000 |
| 2014 | -- | $133,000 | $57,000 | $76,000 |
Source: Public Records
Map
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