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  • $650,000

    7227 Morgan Ave S, Richfield, MN 55423

    3beds
    3,194sqft
    Single Family Residence
    Built in 1948
    10,018.8 Square Feet Lot
    $709,700 Zestimate®
    $204/sqft
    $3,227 Estimated rent

    Home value

    $709,700

    $667,000 - $759,000

    $3,227/mo

    Zestimate® history
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    $3,227/mo

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    $4,141/mo

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    $4,141/mo

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    What's special

    Welcome to this immaculately maintained, one of a kind home in a convenient and desirable Richfield location! The incredible addition on this home (done in 2004) features a beautiful owner's suite with vaulted ceilings, a gas fireplace, jacuzzi tub, en-suite bathroom with a walk-in shower, large walk-in closet, and even a connected office space. Furthermore, the addition includes a sunroom with French doors leading out to the maintenance-free deck, a grand staircase, and a tremendous multi-functional room in the lower level with professionally installed gymnasium hardwood heated floors. The stunning custom kitchen (remodeled, 2010) boasts Corian countertops and tile backsplash, a large center island with a farm sink, hickory hardwood floors, Alderwood cabinets with ample space, a double oven, and under the cabinet lighting. The superb garage and workshop is equipped with epoxy coated, in-floor heating and additional attic storage. Roof replaced in 2020. Schedule your tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Cameron 612-741-5253,

    Real Broker, LLC

    Bought with:

    Matt P Engen

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6533458MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 262.5 Square Feet
    • Dimensions: 14'7x18
    Bedroom 2
    • Level: Main
    • Area: 134.17 Square Feet
    • Dimensions: 9'7x14
    Bedroom 3
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Primary bathroom
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 8x10
    Bathroom
    • Level: Main
    • Area: 66 Square Feet
    • Dimensions: 6x11
    Bathroom
    • Level: Lower
    • Area: 44.92 Square Feet
    • Dimensions: 7x6'5
    Exercise room
    • Level: Lower
    • Area: 127.08 Square Feet
    • Dimensions: 15'3x8'4
    Family room
    • Level: Lower
    • Area: 749.42 Square Feet
    • Dimensions: 23x32'7
    Kitchen
    • Level: Main
    • Area: 379.19 Square Feet
    • Dimensions: 15'7x24'4
    Kitchen
    • Level: Lower
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Laundry
    • Level: Lower
    • Area: 88.89 Square Feet
    • Dimensions: 10'8x8'4
    Living room
    • Level: Main
    • Area: 313.81 Square Feet
    • Dimensions: 13'2x23'10
    Living room
    • Level: Lower
    • Area: 324 Square Feet
    • Dimensions: 12x27
    Sun room
    • Level: Main
    • Area: 111.17 Square Feet
    • Dimensions: 9'8x11'6
    Utility room
    • Level: Lower
    • Area: 266 Square Feet
    • Dimensions: 19x14
    Walk in closet
    • Level: Main
    • Area: 69.79 Square Feet
    • Dimensions: 11'2x6'3
    Heating
    • Forced Air, In-Floor Heating
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Lower Level, Laundry Room, Sink
    Features
    • Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Storage Space
    • Number of fireplaces: 2
    • Fireplace features: Gas, Living Room, Primary Bedroom
    Interior area
    • Total structure area: 3,194
    • Total interior livable area: 3,194 sqft
    • Finished area above ground: 1,763
    • Finished area below ground: 1,431

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Heated Garage
    • Attached garage spaces: 2
    • Details: Garage Dimensions (780)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Composite Decking, Deck
    Lot
    • Size: 10,018 sqft
    • Dimensions: 75 x 133
    Details
    • Additional structures: Workshop, Storage Shed
    • Foundation area: 1763
    • Parcel number: 3302824230026
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Richfield
    • Subdivision: Forest Lawn 5th

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    6/18/2024Sold$650,000+13%$204/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6533458 Report a problem
    5/24/2024Pending sale$575,000$180/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6533458 Report a problem
    5/23/2024Listed for sale$575,000$180/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6533458 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,449 +2.8%$670,900 +31.2%
    2024$7,248 +8.6%$511,200 -1.5%
    2023$6,673 +9.9%$519,100 +3%
    2022$6,074 +6.6%$504,000 +18.6%
    2021$5,698 +0.8%$425,000 +7.6%
    2020$5,651 -0.8%$395,000 +5.1%
    2019$5,698 +0.8%$376,000 +3%
    2018$5,651 +5.9%$365,000 +12.7%
    2017$5,335 +11.2%$324,000 +11%
    2016$4,798 +5.1%$292,000 -1.4%
    2015$4,566 -0.3%$296,000 +10.4%
    2014$4,577 -3.7%$268,000 -5.6%
    2013$4,752 +5.6%$284,000
    2012$4,501 +3%$284,000 -2.7%
    2011$4,371 -2.1%$292,000 -10.7%
    2010$4,463 +1.5%$327,000 -5.2%
    2009$4,399 +26.8%$345,000 +18.6%
    2006$3,469 +46.3%$291,000 +40.9%
    2005$2,371 +11.2%$206,600 +15%
    2004$2,132 +12.2%$179,700 +12%
    2002$1,901 -48.6%$160,500
    2001$3,698 --

    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $709,700
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    Estimated market value
    $709,700