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  • $354,900

    265 1st St NW, Richmond, MN 56368

    3beds
    2,440sqft
    Single Family
    Built in 1967
    0.32 Acres Lot
    $354,700 Zestimate®
    $145/sqft
    $2,026 Estimated rent

    Home value

    $354,700

    $316,000 - $397,000

    $2,026/mo

    Zestimate® history
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    What's special

    Additional garden shedFresh drywallStandout curb appealNewly finished basementUpdated fixturesEgress windowUpdated plumbing and electrical
    This beautifully updated home sits on a spacious corner lot with convenient alley access and standout curb appeal. From the moment you arrive, you’ll appreciate the care and attention to detail that continues throughout the interior.Inside, the home feels like new with updated fixtures, hardware, flooring, and stylish bathroom tile and vanities. The newly finished basement adds valuable living space, complete with a ¾ bathroom, egress window, fresh drywall, and updated plumbing and electrical.The oversized two-car garage is insulated and offers plenty of room for vehicles and storage. In addition, the impressive backyard shop—approximately 27x47—is a rare find. Nearly half of the space is finished, featuring completed drywall throughout, heating, central air, a finished office or guest room, and a ¼ bathroom. This versatile space is perfect for a home business, hobbyist, or anyone needing extra room to work or create There is also an additional garden shed for all your lawn tools. A property like this offers both comfort and flexibility—an exceptional opportunity you won’t want to miss.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer J. Schaefer 320-250-8812,

    Century 21 First Realty, Inc.

    Bought with:

    Jennifer J. Schaefer

    Century 21 First Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7046943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 126.5 Square Feet
    • Dimensions: 11.5x11
    Bedroom 2
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11x8
    Bedroom 3
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 9x11
    Dining room
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Family room
    • Level: Lower
    • Area: 306 Square Feet
    • Dimensions: 18x17
    Flex room
    • Level: Lower
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Game room
    • Level: Lower
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Kitchen
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 8x14
    Living room
    • Level: Main
    • Area: 198 Square Feet
    • Dimensions: 18x11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Freezer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: In Basement
    Features
    • Basement: Block,Egress Window(s),Finished,Full,Storage Space
    • Has fireplace: No
    Interior area
    • Total structure area: 2,440
    • Total interior livable area: 2,440 sqft
    • Finished area above ground: 1,220
    • Finished area below ground: 620

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Electric, Garage, Garage Door Opener, Insulated Garage, Multiple Garages
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (32.6x22.8), Garage Door Height (7)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 0.32 Acres
    • Dimensions: 99 x 143
    • Features: Corner Lot, Tree Coverage - Medium
    Details
    • Additional structures: Pole Building, Storage Shed
    • Foundation area: 1260
    • Additional parcels included: 74409330002
    • Parcel number: 74409340000
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age Over 8 Years
    Condition
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Townsite Of Richmond
    HOA
    • Has HOA: No
    Location
    • Region: Richmond

    Financial & listing details

    • Price per square foot: $145/sqft
    • Tax assessed value: $51,900
    • Annual tax amount: $2,978
    • Date on market: 4/1/2026
    • Cumulative days on market: 3 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/29/2026Sold$354,900$145/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7046943 Report a problem
    4/3/2026Pending sale$354,900$145/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7046943 Report a problem
    4/1/2026Listed for sale$354,900$145/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7046943 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$658 +12.3%$51,900 +12.3%
    2024$586 +3.9%$46,200 +4.5%
    2023$564 -5.4%$44,200 +10.2%
    2022$596 $40,100
    2021$596 -8.9%$40,100 -3.1%
    2020$654 $41,400 +1.5%
    2019$654 +3.5%$40,800 +7.9%
    2018$632 -0.3%$37,800 +7.4%
    2017$634 -36.5%$35,200
    2016$998 --
    2015$998 --
    2014$998 +2.5%--
    2013$974 -0.4%--
    2012$978 +3.6%--
    2011$944 +1.1%--
    2010$934 +85%--
    2009$505 --
    Find assessor info on the county website

    Neighborhood: 56368

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $354,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $354,700