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  • $490,000

    7036 Portland Ave S, Richfield, MN 55423

    5beds
    2,270sqft
    Single Family
    Built in 1953
    10,500 Square Feet Lot
    $489,900 Zestimate®
    $216/sqft
    $3,271 Estimated rent

    Home value

    $489,900

    $456,000 - $524,000

    $3,271/mo

    Zestimate® history
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    What's special

    Beautiful hardwood floors throughoutExpansive fenced-in backyardTwo fireplacesCentral air
    Stunning, move-in ready single-family home featuring 5 spacious bedrooms and 3 baths, nestled on a large .26-acre fenced-in lot. Highlights include two fireplaces, beautiful hardwood floors throughout, central air, and bonus spaces ideal for larger households. The main level offers 4 bedrooms and 2 baths, with large windows providing abundant natural light. The lower level features a separate entrance—perfect for extended living—with a full kitchen thoughtfully set off to the side, allowing the living area to remain open and uninterrupted. It also includes 1 bedroom, 1 non-conforming bedroom or office, a 3/4 bath, and a spacious living room, making it ideal for a mother-in-law suite or entertaining. One of the standout features is the expansive, fenced-in backyard with a patio perfect for BBQs and outdoor gatherings, along with a storage shed for lawn tools and equipment. In an area where space is hard to find, this property stands out with a 2-car attached garage and additional parking for up to six vehicles—an exceptionally rare find. Conveniently located near public transportation, this home offers space, flexibility, and accessibility that’s hard to come by.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark D. Heinzman 952-693-5660,

    Coldwell Banker Realty

    Bought with:

    Sabriye Warsame

    Bridge Realty, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7047415MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12x9
    Bedroom 2
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 3
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10x13
    Bedroom 4
    • Level: Main
    • Area: 299 Square Feet
    • Dimensions: 23x13
    Bedroom 5
    • Level: Lower
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bathroom
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 8x6
    Bathroom
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 5x6
    Bathroom
    • Level: Lower
    • Area: 65 Square Feet
    • Dimensions: 5x13
    Dining room
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Family room
    • Level: Lower
    • Area: 312 Square Feet
    • Dimensions: 12x26
    Flex room
    • Level: Lower
    • Area: 88 Square Feet
    • Dimensions: 8x11
    Kitchen
    • Level: Main
    • Area: 126 Square Feet
    • Dimensions: 14x9
    Kitchen
    • Level: Lower
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Living room
    • Level: Main
    • Area: 432 Square Feet
    • Dimensions: 16x27
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    Features
    • Basement: Full
    • Number of fireplaces: 2
    • Fireplace features: Brick
    Interior area
    • Total structure area: 2,270
    • Total interior livable area: 2,270 sqft
    • Finished area above ground: 1,594
    • Finished area below ground: 619

    Property

    Parking
    • Total spaces: 7
    • Parking features: Attached, Guest
    • Attached garage spaces: 2
    • Carport spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 10,500 sqft
    • Dimensions: 75 x 140
    • Features: Near Public Transit, Tree Coverage - Medium
    Details
    • Foundation area: 676
    • Parcel number: 3402824110076
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer - In Street
    • Water: City Water - In Street

    Community & neighborhood

    Location
    • Region: Richfield
    • Subdivision: Savages 1st Add

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    6/17/2026Sold$490,000-1.8%$216/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7047415 Report a problem
    4/23/2026Pending sale$499,000$220/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7047415 Report a problem
    4/2/2026Listed for sale$499,000$220/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7047415 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,754 -1%$273,000 -0.9%
    2024$3,793 +6.6%$275,600 -2.3%
    2023$3,560 +7.7%$282,100 +1.5%
    2022$3,304 +6.2%$278,000 +14.4%
    2021$3,112 -4.5%$243,000 +6.6%
    2020$3,258 +4.7%$228,000
    2019$3,112 -4.5%$228,000 +2.2%
    2018$3,258 +1.2%$223,000 +14.4%
    2017$3,220 +18.7%$195,000 +12.7%
    2016$2,712 +8.1%$173,000 +3%
    2015$2,509 +4.9%$168,000 +17.5%
    2014$2,391 -0.8%$143,000 -9.5%
    2013$2,410 -4.8%$158,000 -8.1%
    2012$2,532 +0.7%$172,000 -2.3%
    2011$2,515 +2.6%$176,000 -6.9%
    2010$2,451 -5.9%$189,000 -11.3%
    2009$2,605 +17.2%$213,000 +9.2%
    2006$2,222 +10.3%$195,000 +9.3%
    2005$2,014 +12.3%$178,400 +14.9%
    2004$1,793 +12.2%$155,200 +12%
    2002$1,598 -47.9%$138,600
    2001$3,069 --

    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $489,900
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    Estimated market value
    $489,900