Active with contingency

Price cut: $25K (8/4)

$325,000

7124 2nd Ave S, Richfield, MN 55423

3beds

2,000sqft

$2,064/mo

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Single Family

Built in 1960

6,534 Square Feet Lot

$325,400 Zestimate^®

$163/sqft

$-- HOA

What's special

Welcome home to this lovingly maintained rambler, proudly owned by the same family since 1993. Offering over 2,000 finished square feet, this home has been exceptionally cared for and features many major updates, including newer windows, roof, furnace, and driveway for added peace of mind. The spacious 1,200 square foot main level includes three bedrooms, an inviting eat-in kitchen with updated flooring, and a bright, functional layout. Hardwood floors are believed to be preserved beneath the existing carpet, offering exciting potential for the next owner. The finished lower level provides additional living space, including a fourth non-conforming bedroom that is perfect for guests, a home office, or hobby room. Outside, you'll appreciate the large two-car garage and the pride of ownership that is evident throughout the property. Whether you're looking for a home to enjoy as is or personalize over time, this well cared for property offers a fantastic opportunity.

50 days
1,993
90

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Bedroom

Level: Main

Bedroom 2

Level: Main

Bedroom 3

Level: Main

Dining room

Level: Main

Family room

Level: Lower

Flex room

Level: Lower

Kitchen

Level: Main

Laundry

Level: Lower

Living room

Level: Main

Other

Level: Lower

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Features

Basement: Finished
Has fireplace: No

Interior area

Total structure area: 2,400
Total interior livable area: 2,000 sqft
Finished area above ground: 1,200
Finished area below ground: 800

Property

Parking

Total spaces: 2
Parking features: Detached Garage, Asphalt
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1

Lot

Size: 6,534 Square Feet
Dimensions: 127 x 50

Details

Foundation area: 1200
Parcel number: 3402824120139
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Frame
Roof: Age Over 8 Years,Asphalt

Condition

New construction: No
Year built: 1960

Utilities & green energy

Electric: Fuses
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Wooddale 2nd Add

HOA

Has HOA: No

Location

Region: Richfield

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $306,500
Annual tax amount: $4,108
Date on market: 7/10/2026

Estimated market value

$325,400

$309,000 - $342,000

$2,513/mo

Price history

Date	Event	Price
8/4/2026	Price change	$325,000-7.1%$163/sqft
Source: NorthstarMLS as distributed by MLS GRID #7104156 Report a problem
7/17/2026	Listed for sale	$350,000+262.7%$175/sqft
Source: NorthstarMLS as distributed by MLS GRID #7104156 Report a problem
8/1/1993	Sold	$96,500$48/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,108 +4.9%	$306,500 +2.9%
2024	$3,916 +4.1%	$298,000 +2.7%
2023	$3,761 +8.7%	$290,200 -0.6%
2022	$3,460 +5.3%	$292,000 +15.4%
2021	$3,286 -1.6%	$253,000 +5.9%
2020	$3,340 +1.7%	$239,000 +2.6%
2019	$3,286 -1.6%	$233,000 +2.6%
2018	$3,340 +3.2%	$227,000 +17%
2017	$3,238 +20.1%	$194,000 +10.2%
2016	$2,695 +5.2%	$176,000 +3.5%
2015	$2,562 +5.6%	$170,000 +14.9%
2014	$2,426 -2.4%	$148,000 -8.6%
2013	$2,485 -3.9%	$162,000 -7.4%
2012	$2,586 +1.5%	$175,000 -1.7%
2011	$2,548 +3.3%	$178,000 -6.3%
2010	$2,466 -8.3%	$190,000 -13.2%
2009	$2,689 +8.7%	$219,000 +2.3%
2006	$2,475 +15%	$214,000 +13.6%
2005	$2,152 +11.9%	$188,300 +15%
2004	$1,923 +12%	$163,800 +12%
2002	$1,717 -48.3%	$146,300
2001	$3,322	--