This must-see bungalow is loaded with thoughtful updates that blend cozy charm with a modern, refreshed feel. Walking in, you will notice the big windows and brick fireplace as the focal point of the living room. The spacious galley-kitchen has updated stainless-steel appliances, clean, updated cabinets, and beautiful blue, glass backsplash. You will find the informal dining area conveniently located right near kitchen. One of the best bonuses of this house is the wood paneled three-season porch which extends the living space exponentially providing space for large table or your own furniture arrangement. Perfect setting for game night with friends or your morning coffee. The 3-season porch has a slider that leads to the large, 17' x 16’ deck. On the main floor you will also find two bedrooms and an updated bathroom with beautiful tile and vanity. Heading to the lower-level you will find plenty of room for entertaining in the family room, French doors that lead you to the third bedroom and second bathroom, and the laundry/utility room. The 35’ x 22’ attic is roughed-in with hvac and electrical providing a blank canvas and potential for major equity. The exterior upgrades include a full roof replacement, new siding, gutters (with leaf guards!), and side storm door were all replaced in 2025. These are all big-ticket items that should give any buyer a piece of mind. Additionally, this is a PRIME location- near major highways and just steps from Southtown's conveniences and only minutes from Southdale and it's shopping and dining options. Do not miss out on this amazing home!
Closed
$425,000
7233 Oliver Ave S, Richfield, MN 55423
3beds
1,972sqft
Single Family
Built in 1947
10,019 Square Feet Lot
$424,900 Zestimate®
$216/sqft
$2,711 Estimated rent
Home value
$424,900
$395,000 - $455,000
$2,711/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Patricia Schmidt-Iverson 612-414-7100,
Coldwell Banker Realty
Bought with:
John A Powell
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7077972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14' x 11'
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10' x 11'
Bedroom 3
- Level: Lower
- Area: 165 Square Feet
- Dimensions: 15' x 11'
Bathroom
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6' x 8'
Bathroom
- Level: Lower
- Area: 88 Square Feet
- Dimensions: 8' x 11'
Deck
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17' x 16'
Family room
- Level: Lower
- Area: 280 Square Feet
- Dimensions: 20' x 14'
Informal dining room
- Level: Main
- Area: 91 Square Feet
- Dimensions: 7' x 13'
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11' x 13'
Laundry
- Level: Lower
- Area: 187 Square Feet
- Dimensions: 17' x 11'
Living room
- Level: Main
- Area: 231 Square Feet
- Dimensions: 21' x 11'
Other
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12' x 12'
Other
- Level: Upper
- Area: 770 Square Feet
- Dimensions: 35' x 22'
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Lower Level, Laundry Room
Features
- Basement: Block,Egress Window(s),Finished
- Number of fireplaces: 1
- Fireplace features: Brick, Wood Burning
Interior area
- Total structure area: 1,756
- Total interior livable area: 1,972 sqft
- Finished area above ground: 1,094
- Finished area below ground: 878
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Chain Link,Full
Lot
- Size: 10,019 Square Feet
- Dimensions: 75' x 133' x 75' x 133'
- Features: Tree Coverage - Medium
Details
- Foundation area: 878
- Parcel number: 3302824230057
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Forest Lawn 5th
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $420,200
- Annual tax amount: $6,229
- Date on market: 6/9/2026
- Cumulative days on market: 19 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $425,000+6.3%$216/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7077972 Report a problem | ||
| 6/30/2026 | Pending sale | $399,900$203/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7077972 Report a problem | ||
| 6/11/2026 | Listed for sale | $399,900+3.9%$203/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7077972 Report a problem | ||
| 3/8/2023 | Sold | $385,000-3.5%$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321402 Report a problem | ||
| 3/6/2023 | Pending sale | $399,000$202/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321402 Report a problem | ||
| 1/17/2023 | Price change | $399,000-0.3%$202/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321402 Report a problem | ||
| 1/6/2023 | Listed for sale | $400,000+83.8%$203/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6321402 Report a problem | ||
| 12/21/2022 | Sold | $217,643+512.2%$110/sqft |
Source: Public Record Report a problem | ||
| 10/13/2022 | Sold | $35,551$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,368 +0.7% | $420,200 +13.7% |
| 2024 | $5,328 +16.4% | $369,700 -0.2% |
| 2023 | $4,578 +12.6% | $370,500 +16.1% |
| 2022 | $4,067 +5% | $319,000 +19.5% |
| 2021 | $3,872 +1.3% | $267,000 +9.4% |
| 2020 | $3,821 -1.3% | $244,000 +4.3% |
| 2019 | $3,872 +1.3% | $234,000 +9.3% |
| 2018 | $3,821 +24.8% | $214,000 +6.5% |
| 2017 | $3,061 +10.1% | $201,000 +8.1% |
| 2016 | $2,781 -10.5% | $186,000 -2.1% |
| 2015 | $3,109 -0.9% | $190,000 +11.8% |
| 2014 | $3,135 -2.4% | $170,000 -6.6% |
| 2013 | $3,212 +5% | $182,000 |
| 2012 | $3,059 -0.5% | $182,000 -4.7% |
| 2011 | $3,075 -3.5% | $191,000 -12.8% |
| 2010 | $3,186 -4% | $219,000 -4.8% |
| 2009 | $3,318 +19.2% | $230,000 +12.7% |
| 2006 | $2,784 +2.6% | $204,000 +8.5% |
| 2005 | $2,714 +19.2% | $188,100 +15% |
| 2004 | $2,277 +17.5% | $163,600 +12% |
| 2002 | $1,938 -46.2% | $146,100 |
| 2001 | $3,603 | -- |
Find assessor info on the county website
Neighborhood: 55423
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Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$424,900
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Estimated market value
$424,900
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7233 Oliver Ave S
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