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Off market
  • $196,200

    1020 Rae Dr APT 8, Richfield, MN 55423

    2beds
    1,062sqft
    Condo
    Built in 1980
    -- sqft lot
    $196,200 Zestimate®
    $185/sqft
    $1,651 Estimated rent

    Home value

    $196,200

    $184,000 - $208,000

    $1,651/mo

    Zestimate® history
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    $1,593/mo

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    $1,593/mo

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    What's special

    One level, ground floor living with walkout second story views of Richfield Lake! This 2 bedroom, 1 bathroom condo offers a fantastic location close to shopping and dining, and directly overlooks Richfield Lake park, with water views from your private 2nd story deck and easy access to the nearby walking trail. The second bedroom is currently being used as an office, complete with built-in desk and bookshelves. The spacious master offers a walk-in closet, as well as a private mirrored vanity complete with sink. New high efficiency Rheem water heater installed in 2017. Private oversized one-car garage complete with existing workbench and storage comes with the unit. Additional storage unit located off your private deck. Wood burning fireplace in the living room recently inspected and given a clean bill of health. Mere blocks from the Wood Lake Nature Center, Pizza Luce, LA Fitness, Petco, and many more! Welcome home.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,062 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stone, Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 5.86 Acres
    Details
    • Parcel number: 2802824140069
    • Zoning: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: City Sewer/Connected

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $295 monthly
    Location
    • Region: Richfield

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $217,800
    • Annual tax amount: $3,098

    Price history

    DateEventPrice
    2/10/2020Sold$174,000$164/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5323791 Report a problem
    1/14/2020Pending sale$174,000$164/sqft
    Source: RE/MAX Results #5323791 Report a problem
    11/27/2019Listed for sale$174,000+39.6%$164/sqft
    Source: RE/MAX Results #5323791 Report a problem
    5/22/2015Sold$124,600-0.2%$117/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4592302 Report a problem
    5/8/2015Pending sale$124,900$118/sqft
    Source: RE/MAX Results #4592302 Report a problem
    5/2/2015Listed for sale$124,900-2%$118/sqft
    Source: RE/MAX Results #4592302 Report a problem
    10/23/2001Sold$127,500$120/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,098 +7.8%$217,800 +2.1%
    2024$2,876 +7.2%$213,400 +2.8%
    2023$2,683 +10.4%$207,600 +2.3%
    2022$2,430 +15.7%$203,000 +19.4%
    2021$2,100 -2.4%$170,000 +17.2%
    2020$2,152 +2.5%$145,000 +2.1%
    2019$2,100 -2.4%$142,000 +10.1%
    2018$2,152 +51.9%$129,000 +17.3%
    2017$1,417 +10%$110,000 +17%
    2016$1,288 +17.1%$94,000 +3.3%
    2015$1,100 +6.3%$91,000 +7.1%
    2014$1,035 -23.5%$85,000 -17.5%
    2013$1,352 -3.6%$103,000 -6.4%
    2012$1,404 -16.2%$110,000 -12.7%
    2011$1,675 -0.5%$126,000 -9.4%
    2010$1,683 +8.6%$139,000
    2009$1,550 -2%$139,000 -6.1%
    2006$1,581 +16.8%$148,000 +13.8%
    2005$1,354 +12.5%$130,000 +14.9%
    2004$1,204 +13.7%$113,100 +12%
    2002$1,059 -46.5%$101,000
    2001$1,978 --
    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Richfield

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $196,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $196,200