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  • Zestimate®
    $299,500

    7124 1st Ave S, Richfield, MN 55423

    2beds
    1,060sqft
    Single Family
    Built in 1935
    6,098 Square Feet Lot
    $299,500 Zestimate®
    $283/sqft
    $2,016 Estimated rent

    Home value

    $299,500

    $282,000 - $320,000

    $2,016/mo

    Zestimate® history
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    What's special

    Welcome to this charming 2-bedroom, 1-bathroom home in Richfield, filled with original character and thoughtful updates. Built in 1935, this one-and-a-half-story home offers 1,060 finished square feet with beautiful original hardwood floors, high ceilings, classic glass doorknobs, and a cozy gas fireplace that highlight the home's timeless appeal. The freshly painted interior creates a bright and welcoming atmosphere, while the kitchen features refreshed cabinetry, an updated sink and faucet, and plenty of character. The bathroom also features an updated faucet along with tile flooring. Two bedrooms and an upstairs spacious recreation room provide flexibility for everyday living, guests, or a home office. The unfinished basement offers excellent potential for future customization, whether you're looking to create additional living space, a recreation area, home gym, workshop, or added storage. Workbenches in both the basement and detached 2-car garage provide additional space for hobbies and projects. Outside, enjoy a fully fenced backyard complete with a landscaped patio, creating an inviting setting for entertaining, gardening, or relaxing outdoors. A newer washer and dryer add even more everyday convenience. Ideally located directly across from Augsburg Park and the Richfield Library, this home is also close to Wood Lake Nature Center, Veterans Memorial Park, Richfield High School, and a variety of nearby amenities. With its original charm, inviting outdoor space, and opportunity to make it your own, this Richfield home is ready for its next chapter.

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Kielty 952-300-1980,

    Pemberton RE

    Bought with:

    Josh A Pomerleau

    JPW Realty

    Michael Reitz

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7119434MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 2
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Dining room
    • Level: Main
    • Area: 49 Square Feet
    • Dimensions: 7x7
    Kitchen
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 10x7
    Living room
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Recreation room
    • Level: Upper
    • Area: 297 Square Feet
    • Dimensions: 27x11
    Heating
    • Forced Air
    Cooling
    • Central Air, Wall Unit(s)
    Appliances
    • Included: Microwave, Range, Refrigerator
    Features
    • Basement: Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,759
    • Total interior livable area: 1,060 sqft
    • Finished area above ground: 1,060
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1.5
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50 x 118
    Details
    • Foundation area: 766
    • Parcel number: 3402824120099
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Sheldon Blairs Wooddale 4th Add
    HOA
    • Has HOA: No
    Location
    • Region: Richfield

    Financial & listing details

    • Price per square foot: $283/sqft
    • Tax assessed value: $261,800
    • Annual tax amount: $3,358
    • Date on market: 8/31/2026
    • Cumulative days on market: 11 days

    Price history

    DateEventPrice
    10/26/2026Sold$299,500+1.5%$283/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7119434 Report a problem
    9/15/2026Pending sale$295,000$278/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7119434 Report a problem
    9/4/2026Listed for sale$295,000+16.4%$278/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7119434 Report a problem
    1/12/2021Sold$253,500-2.5%$239/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5682771 Report a problem
    12/7/2020Pending sale$260,000$245/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5682771 Report a problem
    11/25/2020Price change$260,000-1.9%$245/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5682771 Report a problem
    11/6/2020Listed for sale$265,000+43.2%$250/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5682771 Report a problem
    1/15/2009Listing removed$185,000$175/sqft
    Source: Listhub #3599966 Report a problem
    10/16/2008Price change$185,000-2.1%$175/sqft
    Source: Listhub #3599966 Report a problem
    9/28/2008Listed for sale$189,000-5.5%$178/sqft
    Source: Listhub #3599966 Report a problem
    7/11/2008Listing removed$199,900$189/sqft
    Source: Visual Tour #3460905 Report a problem
    1/18/2008Listed for sale$199,900+15.9%$189/sqft
    Source: Visual Tour #3460905 Report a problem
    1/10/2007Sold$172,500$163/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$3,358 +6.2%$261,800 +6.4%
    2025$3,163 -2.2%$246,100 +3.3%
    2024$3,235 +5.4%$238,200 -2.8%
    2023$3,068 +14.5%$245,000 +0.4%
    2022$2,679 +1%$244,000 +20.2%
    2021$2,653 -2.8%$203,000 +2%
    2020$2,729 +2.9%$199,000 +1.5%
    2019$2,653 -2.8%$196,000 +10.7%
    2018$2,729 +15.2%$177,000 +18.8%
    2017$2,369 +21.6%$149,000 +8.8%
    2016$1,949 +4.1%$137,000 +4.6%
    2015$1,873 +7.3%$131,000 +15.9%
    2014$1,745 -22.9%$113,000 -12.4%
    2013$2,265 +0.1%$129,000 -5.1%
    2012$2,262 +18.5%$136,000 -2.2%
    2011$1,908 +3%$139,000 -6.7%
    2010$1,854 -4.8%$149,000 -10.2%
    2009$1,948 +9.3%$166,000 +2.5%
    2006$1,783 +13.8%$162,000 +12%
    2005$1,566 +12.6%$144,600 +14.9%
    2004$1,391 +12.8%$125,800 +11.9%
    2002$1,234 -46.8%$112,400
    2001$2,317 --
    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $299,500

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    Estimated market value

    $299,500