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  • $365,000

    7224 2nd Ave S, Richfield, MN 55423

    3beds
    2,360sqft
    Residential
    Built in 1954
    6,534 Square Feet Lot
    $366,000 Zestimate®
    $155/sqft
    $2,766 Estimated rent

    Home value

    $366,000

    $340,000 - $395,000

    $2,766/mo

    Zestimate® history
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    What's special

    There’s No Place Like Home! This thoughtfully updated Richfield home blends modern comfort with classic charm in a location that truly delivers on lifestyle. Inside, the home feels fresh and move-in ready, with a recently painted kitchen, living room, and main-level bedrooms. Updates also include new bathroom flooring and replaced windows throughout, including a bright bay window and newer casement windows in the kitchen. The expanded kitchen add-on adds valuable space, while built-in storage and a dedicated workbench make everyday living easy. Major upgrades include a 200-amp electrical panel, updated outlets and switches, whole-home Ethernet (extending even to the detached garage), relined main sewer line, and improved insulation in the attic and crawlspace bringing efficiency, reliability, and work-from-home readiness. Outside, enjoy mature tree coverage that keeps summers cool and winters cozy, along with a newer roof (2020), updated exterior lighting, and refreshed landscaping with trimmed and replaced trees. Alley access and a garage featuring EV-ready wiring with a Level 2 charger panel and work bench. Make Richfield home! Where convenience meets community. Minutes from Minneapolis, highways, the airport, and the Mall of America, with parks, trails, Wood Lake Nature Center, and local dining right at your doorstep. We cannot wait to have you visit!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Murray 612-242-8658,

    Edina Realty, Inc.

    Bought with:

    Jerod M. Guida

    Prandium Group Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7011306MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 187 Square Feet
    • Dimensions: 17x11
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Dining room
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Family room
    • Level: Lower
    • Area: 320 Square Feet
    • Dimensions: 20x16
    Kitchen
    • Level: Main
    • Area: 104 Square Feet
    • Dimensions: 13x8
    Living room
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17x16
    Mud room
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 8x6
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Features
    • Basement: Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,360
    • Total interior livable area: 2,360 sqft
    • Finished area above ground: 1,367
    • Finished area below ground: 400

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    Lot
    • Size: 6,534 sqft
    • Dimensions: 50 x 128
    • Features: Tree Coverage - Medium
    Details
    • Foundation area: 993
    • Parcel number: 3402824130119
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Richfield

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    3/20/2026Sold$365,000+4.3%$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7011306 Report a problem
    2/4/2026Pending sale$350,000$148/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7011306 Report a problem
    1/30/2026Listed for sale$350,000+52.2%$148/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7011306 Report a problem
    10/20/2017Sold$230,000+3.2%$97/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4871725 Report a problem
    8/25/2017Price change$222,900-5.1%$94/sqft
    Source: est. real estate #4852651 Report a problem
    7/12/2017Price change$234,900-2.1%$100/sqft
    Source: est. real estate #4852651 Report a problem
    6/25/2017Listed for sale$239,900-2.7%$102/sqft
    Source: Verve Realty #4852651 Report a problem
    9/3/2004Sold$246,500+55%$104/sqft
    Source: Public Record Report a problem
    10/30/2000Sold$159,000+36%$67/sqft
    Source: Public Record Report a problem
    11/5/1997Sold$116,900$50/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,070 -0.4%$310,100 +4.9%
    2024$4,085 +4.6%$295,600 -1.9%
    2023$3,905 +5.3%$301,400 -0.2%
    2022$3,710 +7.2%$302,000 +12.3%
    2021$3,460 +0.1%$269,000 +7.6%
    2020$3,457 -0.1%$250,000 +4.2%
    2019$3,460 +0.1%$240,000 +2.6%
    2018$3,457 +5%$234,000 +20%
    2017$3,291 +10.1%$195,000 +8.9%
    2016$2,989 +2.1%$179,000 +3.5%
    2015$2,928 +4.8%$173,000 +18.5%
    2014$2,795 +9.1%$146,000 -12%
    2013$2,562 -3%$166,000 -6.7%
    2012$2,641 +1.7%$178,000 -1.7%
    2011$2,598 +2.3%$181,000 -7.2%
    2010$2,540 -8.8%$195,000 -13.7%
    2009$2,787 +12.2%$226,000 +5.3%
    2006$2,485 +16.6%$214,700 +15%
    2005$2,131 +11.9%$186,700 +15%
    2004$1,904 +12.1%$162,400 +12%
    2002$1,699 -48.2%$145,000
    2001$3,283 --

    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $366,000
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    Estimated market value
    $366,000