Sold for $215,000

Street View

$215,000

7245 1st Ave S, Richfield, MN 55423

2beds

1baths

870sqft

SingleFamily

Built in 1939

6,239 Square Feet Lot

$257,000 Zestimate^®

$247/sqft

$1,816 Estimated rent

Home value

$257,000

$236,000 - $275,000

$1,816/mo

Zestimate^® history

Owner options

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$1,816/mo

Rent Zestimate^®

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$1,816/mo

Rent Zestimate^®

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$1,119/mo

Est. payment

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$1,119/mo

Est. payment

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What's special

7245 1st Ave S, Richfield, MN 55423 is a single family home that contains 870 sq ft and was built in 1939. It contains 2 bedrooms and 1 bathroom. This home last sold for $215,000 in June 2026. The Zestimate for this house is $257,000. The Rent Zestimate for this home is $1,816/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Wall

Cooling

Other

Features

Basement: Finished

Interior area

Total interior livable area: 870 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Detached

Features

Exterior features: Wood

Lot

Size: 6,239 Square Feet

Details

Parcel number: 3402824130055

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Asphalt

Condition

Year built: 1939

Community & HOA

Location

Region: Richfield

Financial & listing details

Price per square foot: $247/sqft
Tax assessed value: $213,600
Annual tax amount: $2,704

Price history

Date	Event	Price
6/15/2026	Sold	$215,000+258.3%$247/sqft
Source: Public Record Report a problem
3/19/2026	Sold	$60,000-39.4%$69/sqft
Source: Public Record Report a problem
3/26/2025	Sold	$99,076-0.9%$114/sqft
Source: Public Record Report a problem
3/13/2000	Sold	$100,000$115/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,704 -1.6%	$213,600 +2.2%
2024	$2,747 +2.5%	$209,100 -1.6%
2023	$2,679 -13.5%	$212,600 -2%
2022	$3,098 +16.8%	$217,000 +6.9%
2021	$2,653 -2.2%	$203,000 +2%
2020	$2,712 +2.2%	$199,000 +2.1%
2019	$2,653 -2.2%	$195,000 +8.3%
2018	$2,712 +11%	$180,000 +16.9%
2017	$2,442 +20.2%	$154,000 +8.5%
2016	$2,032 -23.8%	$142,000 +3.6%
2015	$2,665 +44.1%	$137,000 +16.1%
2014	$1,849 -9.8%	$118,000 -11.9%
2013	$2,050 +2.9%	$134,000 -5.6%
2012	$1,992 -0.7%	$142,000 -2.1%
2011	$2,006 +3.3%	$145,000 -6.5%
2010	$1,943 -5.7%	$155,000 -10.9%
2009	$2,060 +8.5%	$174,000 +2%
2006	$1,897 +17.4%	$170,600 +15%
2005	$1,617 +12.5%	$148,400 +14.9%
2004	$1,437 +12.8%	$129,100 +12%
2002	$1,274 -47%	$115,300
2001	$2,403	--