$330,000
SOLD MAR 31, 2026

7536 Colfax Ave S Richfield, MN 55423

3 Beds
2 Baths
1,407 Sq Ft
6,098 Sq Ft Lot Lot

Sale Details

Date Sold: March 31, 2026

$235 Per Sq Ft

5% Below List Price

51 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Laundry Room
  • Lower Floor Utility Room
  • Eat-In Kitchen
  • 5-minute walk to Fremont Park

About This Home

As of March 2026

Completely refreshed from top to bottom within the last two years—including all major mechanicals and appliances—this home is truly move-in ready. Offering three spacious bedrooms and two full bathrooms, every level provides comfortable living and thoughtful updates throughout. The main floor welcomes you with a sun-drenched living area featuring a large picture window, a bright eat-in kitchen with stainless steel appliances, and convenient dual entryways. Two bedrooms and a full bath complete this inviting level. Downstairs, you’ll find an additional family or rec room and a generous third bedroom with its own private full bathroom—ideal for guests, teens, or a private retreat. Enjoy a large, flat backyard, newer concrete driveway, and an unbeatable location just steps from shopping, dining, entertainment, and the airport. Simply move in and start enjoying your new home!

Last Agent to Sell the Property

Derek Noles

Mango Realty Listed on: 01/09/2026

Last Buyer's Agent

Kate Manthey

Keller Williams Realty Integrity

Keller Williams Realty Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,624

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 46x129
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • Open Parking

Interior Spaces

  • 1-Story Property
  • Lower Floor Utility Room
  • Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Irwin Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302824410092

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,624

Year Built

Built in 1954

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 757
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 1407
  • Fireplace: No
  • Below Grade Finished Sq Ft: 650
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Chain Link, Partial
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Concrete, Open

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Laundry Room, In Unit
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictPhone: 6127986010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 46x129
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3302824410092
  • Tax Annual Amount: 4624
  • TaxWithAssessments: 4624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2026
Closed on
Mar 30, 2026
Sold by
Kevin Xiao and Khanh Truong
Bought by
Edstrom Elizabeth
Seller's Agent
Derek Noles
Mango Realty
Buyer's Agent
Kate Manthey
Keller Williams Realty Integrity
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.09%
Original Mortgage
$280,500
Outstanding Balance
$280,500
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$36,247

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 8, 2024
Sold by
Olwell Stephen M and Kelly Ann
Bought by
Xiao Kevin and Truong Khanh
Seller's Agent
Farris Glover
Bridge Realty, LLC
Buyer's Agent
Derek Noles
Mango Realty
List Price
$310,000
Sold Price
$330,000
Premium/Discount to List
$20,000
6.45%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$247,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2023
Sold by
Underdahl Doris
Bought by
Olwell John and Olwell Stephen
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 $330,000 Legacy Title
Warranty Deed $330,000 Gibraltar Title
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,500 New Conventional
Previous Owner $247,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2026 03/31/26 Sold $330,000 +3.1% $235 / Sq Ft
03/01/2026 03/01/26 Pending -- -- --
02/05/2026 02/05/26 Price Changed $320,000 -3.0% $227 / Sq Ft
01/23/2026 01/23/26 Price Changed $329,900 -2.7% $234 / Sq Ft
01/13/2026 01/13/26 Price Changed $339,000 -2.9% $241 / Sq Ft
01/09/2026 01/09/26 For Sale $349,000 +5.8% $248 / Sq Ft
04/08/2024 04/08/24 Sold $330,000 +6.5% $242 / Sq Ft View Prior Sale
03/11/2024 03/11/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $310,000 -- $227 / 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 $4,624 $318,500 $150,300 $168,200
2023 $3,702 $278,000 $136,800 $141,200
2022 $3,118 $280,000 $142,000 $138,000
2021 $2,941 $233,000 $116,000 $117,000
2020 $2,785 $219,000 $106,000 $113,000
2019 $2,699 $201,000 $105,000 $96,000
2018 $2,436 $192,000 $98,000 $94,000
2017 $2,058 $157,000 $77,000 $80,000
2016 $1,975 $144,000 $71,000 $73,000
2015 $2,088 $152,000 $79,000 $73,000
2014 -- $135,000 $75,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7006496

NorthstarMLS

APN: 33-028-24-41-0092

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