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  • $330,000

    7221 Park Ave S, Richfield, MN 55423

    3beds
    1,496sqft
    Single Family Residence
    Built in 1954
    10,018 Square Feet Lot
    $331,500 Zestimate®
    $221/sqft
    $2,467 Estimated rent

    Home value

    $331,500

    $305,000 - $358,000

    $2,467/mo

    Zestimate® history
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    What's special

    Expansive yardFreshly painted interiorNewer roofGiant lot
    Solid Three bedroom mid-century rambler in quiet residential neighborhood. Original hardwood flors throughout. Great lower level family/entertainment space plus beautiful new 3/4 bath. Professionally landscaped; expansive yard, newer roof and freshly painted interior! Potential for additional bedroom in lower level. Fenced back yard; giant lot! A full 1/4 Acre

    Zillow last checked:

    Listing updated:

    Listed by:

    Carson Brooks 612-720-6555,

    Lakes Area Realty,

    Jenna Hendrikson 651-470-3058

    Bought with:

    Katey Bean & Company

    Keller Williams Realty Integrity Lakes

    Maddy Fohrenkamm

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6814939MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13 x 10
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11 x 10
    Bedroom 3
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11 x 10
    Family room
    • Level: Basement
    • Area: 308 Square Feet
    • Dimensions: 28 x 11
    Kitchen
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 14 x 8
    Living room
    • Level: Main
    • Area: 253 Square Feet
    • Dimensions: 23 x 11
    Office
    • Level: Basement
    • Area: 80 Square Feet
    • Dimensions: 10 x 8
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
    Features
    • Basement: Daylight,Drain Tiled,Drainage System,Partially Finished,Sump Pump,Tile Shower
    • Has fireplace: No
    Interior area
    • Total structure area: 1,496
    • Total interior livable area: 1,496 sqft
    • Finished area above ground: 986
    • Finished area below ground: 510

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage, Asphalt
    • Garage spaces: 1
    • Details: Garage Dimensions (14 x 20), Garage Door Height (7), Garage Door Width (9)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Full,Wood
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 75 x 133
    • Features: Near Public Transit, Tree Coverage - Light
    Details
    • Foundation area: 986
    • Parcel number: 3502824230085
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Henry Thernell Addition
    HOA
    • Has HOA: No
    Location
    • Region: Richfield

    Financial & listing details

    • Price per square foot: $221/sqft
    • Tax assessed value: $297,600
    • Annual tax amount: $3,821
    • Date on market: 11/8/2025
    • Cumulative days on market: 9 days

    Price history

    DateEventPrice
    12/5/2025Sold$330,000+1.5%$221/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6814939 Report a problem
    11/17/2025Pending sale$325,000$217/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6814939 Report a problem
    11/8/2025Listed for sale$325,000$217/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6814939 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,821 +2.3%$297,600 +6.3%
    2024$3,734 +10.7%$279,900 +0.6%
    2023$3,372 +0.6%$278,100 +4.9%
    2022$3,351 +8.8%$265,000 +7.7%
    2021$3,080 -6.4%$246,000 +8.8%
    2020$3,292 +6.9%$226,000 -1.7%
    2019$3,080 -6.4%$230,000 +11.1%
    2018$3,292 +15.9%$207,000 +18.3%
    2017$2,840 +19.3%$175,000 +6.1%
    2016$2,380 +0.5%$165,000 +3.8%
    2015$2,368 +6%$159,000 +7.4%
    2014$2,234 +5.1%$148,000 +3.5%
    2013$2,125 -12.4%$143,000 -13.9%
    2012$2,425 +1%$166,000 -1.8%
    2011$2,401 +0.4%$169,000 -8.6%
    2010$2,391 -4.6%$185,000 -10.2%
    2009$2,507 +15.6%$206,000 +7.9%
    2006$2,170 +15.2%$191,000 +13.5%
    2005$1,883 +12.2%$168,300 +15%
    2004$1,679 +12.2%$146,400 +11.9%
    2002$1,496 -47.7%$130,800
    2001$2,861 --
    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $331,500
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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
    $331,500