$336,000
SOLD JUN 13, 2025

7521 4th Ave S Richfield, MN 55423

3 Beds
1 Bath
1,510 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

7% Above List Price

8 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • 3-minute walk to Roosevelt Park

About This Home

As of June 2025

Welcome HOME to 7521 4th Ave S, Richfield, MN 55423! This beautifully updated 3-bedroom, 1-bath home offers the perfect blend of comfort and convenience. Step into a bright and inviting living room featuring stunning hardwood floors and modern updates throughout.

Enjoy extra space with a cozy basement family room—ideal for movie nights, a playroom, or a home office.

Located just minutes from Roosevelt Park, this home provides easy access to green space, walking trails, and all that Richfield has to offer. Whether you're a first-time buyer or looking to downsize, this gem is move-in ready!

Last Agent to Sell the Property

Jill Warner

Brokerage Phone: 320-279-3212 Listed on: 05/15/2025

Last Buyer's Agent

Katie Niehaus

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 135x72
  • Irregular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Nicollet Garden Lts 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402824410107

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,619

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1090
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 320-279-3212
  • Attribution Contact: 320-279-3212
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1510
  • Fireplace: No
  • Below Grade Finished Sq Ft: 420
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Recreation Room, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 135x72
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3402824410107
  • Tax Annual Amount: 3619
  • TaxWithAssessments: 3619.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jun 13, 2025
Sold by
Minnesota Holding Company Llc
Bought by
Salchow Nathaniel
Seller's Agent
Jill Warner
Buyer's Agent
Katie Niehaus
Coldwell Banker Realty
List Price
$315,000
Sold Price
$336,000
Premium/Discount to List
$21,000
6.67%
Views
37
Current Estimated Value
$326,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,054
Avg. Annual Appreciation
-4.31%
Original Mortgage
$268,800
Outstanding Balance
$267,868
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$59,078

Purchase Details

Closed on
Mar 25, 2025
Sold by
Lehman Marilyn A
Bought by
Minnesota Holding Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.87%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 Type Sale Price Title Company
Warranty Deed $336,000 Clear Skye Title Llc
Warranty Deed $225,000 Clear Skye Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,800 New Conventional
Previous Owner $180,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold $336,000 +6.7% $223 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $315,000 -- $209 / Sq Ft
Source: NorthstarMLS

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 $3,530 $261,400 $109,000 $152,400
2023 $3,619 $270,500 $116,000 $154,500
2022 $3,258 $270,000 $120,000 $150,000
2021 $3,048 $240,000 $110,000 $130,000
2020 $3,093 $224,000 $103,000 $121,000
2019 $2,998 $218,000 $102,000 $116,000
2018 $2,930 $208,000 $97,000 $111,000
2017 $2,430 $178,000 $80,000 $98,000
2016 $2,350 $164,000 $72,000 $92,000
2015 $2,216 $158,000 $66,000 $92,000
2014 -- $134,000 $57,000 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6721496

NorthstarMLS

APN: 34-028-24-41-0107