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  • $295,000

    7200 12th Ave S, Richfield, MN 55423

    3beds
    2,080sqft
    Single Family
    Built in 1955
    9,583.2 Square Feet Lot
    $294,600 Zestimate®
    $142/sqft
    $2,761 Estimated rent

    Home value

    $294,600

    $274,000 - $315,000

    $2,761/mo

    Zestimate® history
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    $1,853/mo

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    $1,853/mo

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    What's special

    Bring your vision to life with this incredible Richfield rambler! Owned by the same family for nearly 70 years, this home is full of character, charm, and opportunity. Situated on a fantastic.22-acre corner lot, the property includes a detached 2-car garage and offers endless potential. Inside, you'll find 3 bedrooms and 1 bathroom all on the same level, along with beautiful hardwood floors that have been protected by carpet for more than 50 years. The unfinished basement offers the chance to add significant additional square footage and build equity, it even has a fireplace! Located in a great Richfield location just one block from Richfield Elementary, with quick access to the airport, Mall of America, Bloomington, Edina, and South Minneapolis.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mikaela Rae Casey 952-380-7669,

    Edina Realty, Inc.

    Bought with:

    Steve Pemberton

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7043401MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 115 Square Feet
    • Dimensions: 10x11.5
    Bedroom 2
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 9x13
    Bedroom 3
    • Level: Main
    • Area: 123.5 Square Feet
    • Dimensions: 13x9.5
    Bathroom
    • Level: Main
    • Area: 65 Square Feet
    • Dimensions: 10x6.5
    Kitchen
    • Level: Main
    • Area: 127.5 Square Feet
    • Dimensions: 8.5x15
    Living room
    • Level: Main
    • Area: 286 Square Feet
    • Dimensions: 22x13
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    • Laundry: In Basement, Lower Level
    Features
    • Basement: Full,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total structure area: 2,080
    • Total interior livable area: 2,080 sqft
    • Finished area above ground: 1,040
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete
    • Garage spaces: 2
    • Details: Garage Dimensions (20x21)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: None
    Lot
    • Size: 9,583 sqft
    • Dimensions: 131 x 73
    Details
    • Foundation area: 1040
    • Parcel number: 3502824240001
    • 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: 1955

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Richfield
    • Subdivision: Falldens 3rd Add

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    5/27/2026Sold$295,000+3.5%$142/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7043401 Report a problem
    5/1/2026Pending sale$285,000$137/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7043401 Report a problem
    4/27/2026Listing removed$285,000$137/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7043401 Report a problem
    4/24/2026Listed for sale$285,000$137/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7043401 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,471 +0.4%$276,000 +6.4%
    2024$3,458 +11.1%$259,400 -0.9%
    2023$3,113 +0.8%$261,700 +5.1%
    2022$3,088 +6.1%$249,000 +7.8%
    2021$2,909 -7.5%$231,000 +6.5%
    2020$3,144 +8.1%$217,000 -2.7%
    2019$2,909 -7.5%$223,000 +12.1%
    2018$3,144 +17.8%$199,000 +18.5%
    2017$2,669 +19.2%$168,000 +5.7%
    2016$2,239 +0%$159,000 +3.9%
    2015$2,239 +6.3%$153,000 +7.7%
    2014$2,106 +5.7%$142,000 +3.6%
    2013$1,992 -13.2%$137,000 -14.4%
    2012$2,294 +0.8%$160,000 -1.8%
    2011$2,275 +0.7%$163,000 -8.4%
    2010$2,260 -4.5%$178,000 -10.1%
    2009$2,366 +12.9%$198,000 +5.9%
    2006$2,096 +12.6%$187,000 +11.1%
    2005$1,862 +11.6%$168,300 +15%
    2004$1,668 +12.7%$146,400 +11.9%
    2002$1,480 -47.9%$130,800
    2001$2,843 --

    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $294,600
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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
    $294,600