Beautifully maintained Richfield home full of character and thoughtful updates, set on a landscaped corner lot with a peaceful Japanese-inspired backyard. Inside, original hardwood floors and coved ceilings create a warm and timeless feel, complemented by new carpeting in the living room and hallway (2026) and updated lighting throughout. The main level offers three bedrooms with hardwood floors, sizable closets, and abundant natural light, including a large primary bedroom overlooking the backyard. The kitchen features stainless steel appliances, a five-burner gas range, vented microwave, French-door refrigerator with water dispenser, dishwasher, Corian countertops, tile backsplash, and a large butcher block island for additional prep space. Oak cabinetry with a built-in pantry provides excellent storage. A charming full bathroom includes tile flooring, tile surround, and an updated vanity, while three solar tubes add natural daylight to the kitchen, bathroom, and middle bedroom. The unfinished lower level provides flexible space for storage, workshop, or future expansion and includes a laundry room with utility sink, cedar-lined closet, and a stand-alone toilet with potential for a second bathroom. Outdoor living shines with a fully fenced backyard, mature landscaping, a 10’ x 20’ wooden deck, and an attached greenhouse perfect for gardening or hobbies. Additional improvements include double-pane windows, high-efficiency furnace (2020) and air conditioning (2018), radon mitigation system, updated garage door, and asphalt driveway.
Closed
$375,000
7301 1st Ave S, Richfield, MN 55423
3beds
1,518sqft
Single Family
Built in 1952
6,969 Square Feet Lot
$379,500 Zestimate®
$247/sqft
$2,342 Estimated rent
Home value
$379,500
$353,000 - $410,000
$2,342/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Bought with:
5
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7034674
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 161 Square Feet
- Dimensions: 14 x 11.5
Bedroom 2
- Level: Main
- Area: 84 Square Feet
- Dimensions: 10.5 x 8
Bedroom 3
- Level: Main
- Area: 115.5 Square Feet
- Dimensions: 10.5 x 11
Bathroom
- Level: Main
- Area: 49.5 Square Feet
- Dimensions: 5.5 x 9
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 x 11
Laundry
- Level: Lower
- Area: 137.5 Square Feet
- Dimensions: 12.5 x 11
Living room
- Level: Main
- Area: 247.5 Square Feet
- Dimensions: 22.5 x 11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Basement, Gas Dryer Hookup, Washer Hookup
Features
- Basement: Block,Storage Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,518
- Total interior livable area: 1,518 sqft
- Finished area above ground: 1,007
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Asphalt, Garage Door Opener
- Garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (21 x 14), Garage Door Height (7), Garage Door Width (8)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Full,Wood
Lot
- Size: 6,969 Square Feet
- Dimensions: 52 x 134 x 51 x 134
- Features: Tree Coverage - Medium
Details
- Additional structures: Greenhouse
- Foundation area: 511
- Parcel number: 3402824130008
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Asphalt,Pitched
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $295,900
- Annual tax amount: $3,408
- Date on market: 3/17/2026
- Cumulative days on market: 2 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Sold | $375,000+7.1%$247/sqft |
Source: | ||
| 3/22/2026 | Pending sale | $350,000$231/sqft |
Source: | ||
| 3/20/2026 | Listed for sale | $350,000+2.9%$231/sqft |
Source: | ||
| 2/16/2024 | Sold | $340,000$224/sqft |
Source: | ||
| 1/31/2024 | Pending sale | $340,000+51.1%$224/sqft |
Source: | ||
| 12/6/2018 | Sold | $225,000$148/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,408 -1.8% | $295,900 +16.6% |
| 2024 | $3,470 +6.1% | $253,700 -2.6% |
| 2023 | $3,271 +6.5% | $260,600 +1% |
| 2022 | $3,070 +5.7% | $258,000 +13.2% |
| 2021 | $2,906 -4% | $228,000 +6% |
| 2020 | $3,026 +4.2% | $215,000 +0.5% |
| 2019 | $2,906 -4% | $214,000 +5.9% |
| 2018 | $3,026 +8.6% | $202,000 +17.4% |
| 2017 | $2,786 +19.6% | $172,000 +11.7% |
| 2016 | $2,330 +7.2% | $154,000 +4.1% |
| 2015 | $2,173 +6.4% | $148,000 +15.6% |
| 2014 | $2,041 -2.2% | $128,000 -9.2% |
| 2013 | $2,088 -4.7% | $141,000 -7.8% |
| 2012 | $2,190 +0.9% | $153,000 -1.3% |
| 2011 | $2,170 +3.7% | $155,000 -6.1% |
| 2010 | $2,092 -6.1% | $165,000 -11.3% |
| 2009 | $2,227 +9.4% | $186,000 +2.8% |
| 2006 | $2,036 +19.3% | $181,000 +16.7% |
| 2005 | $1,706 +12.4% | $155,100 +15% |
| 2004 | $1,518 +12.5% | $134,900 +12% |
| 2002 | $1,349 -47.2% | $120,500 |
| 2001 | $2,555 | -- |
Find assessor info on the county website
Neighborhood: 55423
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Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$379,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$379,500
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7301 1st Ave S