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  • $315,000

    7220 Knox Ave S, Richfield, MN 55423

    3beds
    1,684sqft
    Single Family Residence
    Built in 1950
    10,018 Square Feet Lot
    $316,000 Zestimate®
    $187/sqft
    $2,418 Estimated rent

    Home value

    $316,000

    $291,000 - $341,000

    $2,418/mo

    Zestimate® history
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    What's special

    Three bedroomsNewer stainless steel appliancesBonus roomTiled backsplashMain-level washer and dryer
    OFFER has been accepted- bring in a back up offer if your buyers have interest! Discover this delightful rambler, perfectly situated in the heart of Richfield and an ideal property for a first-time buyer or anyone seeking a fantastic location with room to grow. The home boasts a beautifully updated eat in kitchen with newer stainless steel appliances, a tiled backsplash, and new luxury vinyl tile (LVT) flooring throughout. Convenience is key with a main-level washer and dryer; however, if you prefer the space, the units can be removed to return the third bedroom closet to full use. This residence is perfectly situated near Richfield Middle and Senior High Schools and features three bedrooms and one newly updated bathroom on the main level. The living room includes a charming fireplace, perfect for adding a gas or electric insert. The finished basement offers fantastic extra living and entertaining space, along with a bonus room that could easily be converted into a fourth bedroom with the addition of an egress window. Additionally, the basement provides a dedicated workroom, ideal for a hobbyist or for setting up year-round workout gear. Situated on an expansive 10,000+ square foot lot, there is plenty of room for outdoor activities and creating a beautiful backyard oasis. The property has also been well-maintained with a roof replaced in 2017, a main floor dishwasher and washer/dryer installed in 2020, and new windows and siding completed in 2013.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth A Babcock Lokowich 612-821-7400,

    Keller Williams Realty Integrity Lakes

    Bought with:

    Emily Bradley

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6823221MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 179.55 Square Feet
    • Dimensions: 13.5 x13.3
    Bedroom 2
    • Level: Main
    • Area: 111.1 Square Feet
    • Dimensions: 11.11 x10
    Bedroom 3
    • Level: Main
    • Area: 89 Square Feet
    • Dimensions: 8.9 x10
    Flex room
    • Level: Lower
    • Area: 147.76 Square Feet
    • Dimensions: 11.11 x13.3
    Other
    • Level: Lower
    • Area: 167.28 Square Feet
    • Dimensions: 12.3 x 13.6
    Informal dining room
    • Level: Main
    • Area: 98.42 Square Feet
    • Dimensions: 7.4 x13.3
    Kitchen
    • Level: Main
    • Area: 121.03 Square Feet
    • Dimensions: 9.1 x 13.3
    Living room
    • Level: Main
    • Area: 323.19 Square Feet
    • Dimensions: 24.3 x 13.3
    Recreation room
    • Level: Lower
    • Area: 423.3 Square Feet
    • Dimensions: 25.5 x 16.6
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Lower Level, Main Level
    Features
    • Basement: Daylight,Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,684
    • Total interior livable area: 1,684 sqft
    • Finished area above ground: 1,130
    • Finished area below ground: 554

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage
    • Garage spaces: 1
    • Details: Garage Dimensions (14 x 19)
    Accessibility
    • Accessibility features: Grab Bars In Bathroom
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Wood
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 133 x 75
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1084
    • Parcel number: 3302824240011
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Ervdale
    HOA
    • Has HOA: No
    Location
    • Region: Richfield

    Financial & listing details

    • Price per square foot: $187/sqft
    • Tax assessed value: $378,600
    • Annual tax amount: $4,619
    • Date on market: 12/17/2025
    • Cumulative days on market: 20 days

    Price history

    DateEventPrice
    1/23/2026Sold$315,000$187/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823221 Report a problem
    1/6/2026Pending sale$315,000$187/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823221 Report a problem
    12/17/2025Listed for sale$315,000-7.4%$187/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6823221 Report a problem
    10/30/2024Listing removed$340,000-4.3%$202/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6599716 Report a problem
    10/2/2024Price change$355,250-1.3%$211/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6599716 Report a problem
    9/16/2024Listed for sale$360,000$214/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6599716 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,619 +2.4%$378,600 +13.8%
    2024$4,510 +6.3%$332,700 +0.2%
    2023$4,242 +11.7%$332,100 +1.3%
    2022$3,799 +4.7%$328,000 +18.4%
    2021$3,629 +1.6%$277,000 +5.3%
    2020$3,571 -1.6%$263,000 +5.6%
    2019$3,629 +1.6%$249,000 +4.6%
    2018$3,571 +6.1%$238,000 +8.2%
    2017$3,367 +8.9%$220,000 +11.7%
    2016$3,092 +6.5%$197,000 -1.5%
    2015$2,904 -0.5%$200,000 +14.9%
    2014$2,919 +2.9%$174,000 -4.4%
    2013$2,836 +4.3%$182,000 -1.1%
    2012$2,720 -1%$184,000 -4.2%
    2011$2,746 -4.2%$192,000 -12.3%
    2010$2,866 +2.6%$219,000 -4.4%
    2009$2,795 +22.3%$229,000 +13.8%
    2006$2,285 +17%$201,300 +15%
    2005$1,952 +11.5%$175,100 +15%
    2004$1,751 +12.7%$152,300 +12%
    2002$1,554 -48.1%$136,000
    2001$2,994 --
    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $316,000
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    Estimated market value
    $316,000