Welcome to 7225 Grand Ave S in the heart of Richfield! Tucked in an established Richfield neighborhood, on a low traffic street- this move-in-ready home offers character, updates, and convenience. Inside, you'll find a bright and inviting layout featuring hardwood floors, an updated kitchen with quartz countertops, stainless-steel appliances, and comfortable living spaces designed for everyday living and entertaining. The finished lower level expands your living area with an additional family room, bathroom, and wet bar, providing flexible space for guests, hobbies, or a home office. Situated in a desirable location, you'll enjoy neighborhood charm and convenience. Richfield Lake Park, Wood Lake Nature Center, local restaurants, coffee shops, shopping, and the popular Richfield Farmers Market are all nearby. Southdale Center, Mall of America, MSP Airport, and Downtown Minneapolis are just minutes away, while quick access to I-35W, I-494, Hwy 62 , Hwy 77, and Hwy 100 makes any commute a breeze. Whether you're a first-time buyer, move-up buyer, downsizing, or simply looking for a central location, this property offers the lifestyle, convenience, and value. Enjoy an established neighborhood setting with easy access to parks, trails, dining, shopping, and entertainment. Quick possession available. Eligible first-time homebuyers may qualify for up to $20,000 in down payment and closing cost assistance through the City of Richfield's Down Payment Assistance Program.
Pending
Price cut: $9.9K (8/5)
$320,000
7225 Grand Ave S, Richfield, MN 55423
3beds
1,550sqft
Single Family
Built in 1949
5,663 Square Feet Lot
$318,800 Zestimate®
$206/sqft
$-- HOA
What's special
- 85 days
- 299
- 24
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rick Bjorklund 651-307-4854,
Re/Max Advantage Plus,
Colleen J. Ratzlaff LaBeau 952-292-7235
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7084012
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12 x 11
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bedroom 3
- Level: Lower
- Area: 143 Square Feet
- Dimensions: 13 x 11
Dining room
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9 x 8
Family room
- Level: Lower
- Area: 280 Square Feet
- Dimensions: 28 x 10
Kitchen
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11 x 8
Living room
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17 x 11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Refrigerator, Stainless Steel Appliance(s)
- Laundry: In Basement, Gas Dryer Hookup, Washer Hookup
Features
- Basement: Egress Window(s),Finished
- Has fireplace: No
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,550 sqft
- Finished area above ground: 840
- Finished area below ground: 710
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: None
Lot
- Size: 5,663 Square Feet
- Dimensions: 121 x 48
- Features: Sod Included in Price, Tree Coverage - Light
Details
- Foundation area: 840
- Parcel number: 3402824230036
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Irwindale
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $299,100
- Annual tax amount: $4,441
- Date on market: 6/17/2026
- Cumulative days on market: 69 days
- Road surface type: Paved
Estimated market value
$318,800
$303,000 - $335,000
$2,608/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Pending sale | $320,000$206/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7084012 Report a problem | ||
| 8/5/2026 | Price change | $320,000-3%$206/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7084012 Report a problem | ||
| 7/17/2026 | Price change | $329,900-2.7%$213/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7084012 Report a problem | ||
| 6/27/2026 | Listed for sale | $339,000+7.6%$219/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7084012 Report a problem | ||
| 2/27/2023 | Sold | $315,000+32.4%$203/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6323343 Report a problem | ||
| 10/19/2022 | Price change | $2,030-5.6%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/12/2022 | Price change | $2,150+0%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/7/2022 | Listed for rent | $2,149-2.8%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/29/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/1/2022 | Listed for rent | $2,210$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/4/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/27/2022 | Listed for rent | $2,210+11.1%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/25/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/7/2021 | Listed for rent | $1,990$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/6/2021 | Sold | $238,000+5.8%$154/sqft |
Source: Public Record Report a problem | ||
| 11/10/2016 | Sold | $225,000+17.8%$145/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4758346 Report a problem | ||
| 6/13/2014 | Sold | $191,000+9.2%$123/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2142182 Report a problem | ||
| 7/11/2012 | Sold | $174,900$113/sqft |
Source: Public Record Report a problem | ||
| 5/22/2012 | Listed for sale | $174,900-7.9%$113/sqft |
Source: Coldwell Banker Burnet- Wayzata #4154750 Report a problem | ||
| 6/15/2007 | Sold | $190,000+6.1%$123/sqft |
Source: Public Record Report a problem | ||
| 4/25/2006 | Sold | $179,000+171.2%$115/sqft |
Source: Public Record Report a problem | ||
| 3/4/1996 | Sold | $66,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,442 +2.6% | $299,100 -2.2% |
| 2024 | $4,328 +10.3% | $305,900 -2.1% |
| 2023 | $3,925 +16.6% | $312,500 +5.2% |
| 2022 | $3,366 +1% | $297,000 +19.3% |
| 2021 | $3,332 +2.2% | $249,000 +2% |
| 2020 | $3,260 -2.2% | $244,000 +6.1% |
| 2019 | $3,332 +2.2% | $230,000 +2.2% |
| 2018 | $3,260 +7.1% | $225,000 +18.4% |
| 2017 | $3,045 +17.1% | $190,000 +5% |
| 2016 | $2,600 -0.9% | $181,000 +4% |
| 2015 | $2,624 +6.3% | $174,000 +18.4% |
| 2014 | $2,469 +15.3% | $147,000 +1.4% |
| 2013 | $2,142 +19.4% | $145,000 +9.8% |
| 2012 | $1,794 -5.7% | $132,000 -5.7% |
| 2011 | $1,902 -4.6% | $140,000 -12.5% |
| 2010 | $1,994 -2.6% | $160,000 -8.6% |
| 2009 | $2,048 +22.4% | $175,000 +12.9% |
| 2006 | $1,673 +15.7% | $155,000 +13.1% |
| 2005 | $1,447 +12.2% | $137,000 +14.9% |
| 2004 | $1,289 +13.5% | $119,200 +11.9% |
| 2002 | $1,135 -46.6% | $106,500 |
| 2001 | $2,128 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: 55423
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