Rare Opportunity in highly sought-after Richfield! This move-in ready 3-bedroom plus office, 2 bath home sits on two generous lot and offers expansive living space ideal for today's lifestyle. The main level features comfortable everyday living, while multiple living and family room areas provide excellent flexibility for relaxing and entertaining. Note: The addition on the rear side of the house needs to be removed or rebuilt. The finished basement needs an egress window to make it a 4th bedroom. The finished basement adds even more functional space for recreation or guests.
Enjoy the oversized backyard with mature fruit trees-- perfect for outdoor gatherings, gardening, or simply unwinding. Recent updates include brand-new range, dishwasher, and refrigerator, along with new carpet and fresh paint throughout the entire home. Coveniently located near parks, shopping, dining, major highways, and MSP Airport for easy commuting and travel. A fantastic opportunity for both owner-occupants and investors!
Closed
$250,000
7312 Grand Ave S, Richfield, MN 55423
3beds
1,643sqft
Single Family
Built in 1947
0.29 Acres Lot
$249,700 Zestimate®
$152/sqft
$2,740 Estimated rent
Home value
$249,700
$232,000 - $267,000
$2,740/mo
Zestimate® history
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$1,301/mo
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$1,301/mo
Est. payment
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Expansive living space
Zillow last checked:
Listing updated:
Listed by:
Julia Wang 651-808-1997,
Keller Williams Classic Realty
Bought with:
Paulo Mora
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6811923
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 127.39 Square Feet
- Dimensions: 10.11x12.6
Bedroom 2
- Level: Main
- Area: 100.3 Square Feet
- Dimensions: 11.8x8.5
Bedroom 3
- Level: Main
- Area: 109.08 Square Feet
- Dimensions: 10.8x10.10
Bathroom
- Level: Main
- Area: 47.3 Square Feet
- Dimensions: 5.5x8.6
Bathroom
- Level: Lower
- Area: 57.2 Square Feet
- Dimensions: 10.4x5.5
Dining room
- Level: Main
- Area: 170.4 Square Feet
- Dimensions: 12x14.2
Family room
- Level: Lower
- Area: 206.04 Square Feet
- Dimensions: 20.4x10.10
Informal dining room
- Level: Main
- Area: 133 Square Feet
- Dimensions: 13.3x10
Kitchen
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Living room
- Level: Main
- Area: 184.83 Square Feet
- Dimensions: 18.3x10.1
Office
- Level: Lower
- Area: 132.31 Square Feet
- Dimensions: 13.10x10.10
Utility room
- Level: Lower
- Area: 403.41 Square Feet
- Dimensions: 33.9x11.9
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator
- Laundry: Lower Level
Features
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,643
- Total interior livable area: 1,643 sqft
- Finished area above ground: 1,213
- Finished area below ground: 430
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (18.5x27.11), Garage Door Height (8)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.29 Acres
- Dimensions: 100 x 128
Details
- Foundation area: 1359
- Parcel number: 3402824230131
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1947
Utilities & green 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: $152/sqft
- Tax assessed value: $289,700
- Annual tax amount: $4,032
- Date on market: 4/24/2026
- Cumulative days on market: 25 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Sold | $250,000-18%$152/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6811923 Report a problem | ||
| 5/8/2026 | Pending sale | $305,000$186/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6811923 Report a problem | ||
| 4/24/2026 | Listed for sale | $305,000-11.6%$186/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6811923 Report a problem | ||
| 3/13/2026 | Listing removed | $345,000$210/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6811923 Report a problem | ||
| 3/2/2026 | Listed for sale | $345,000+72.5%$210/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6811923 Report a problem | ||
| 12/23/2020 | Sold | $200,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,124 +1.8% | $289,700 -3.8% |
| 2024 | $4,049 +5.8% | $301,100 0% |
| 2023 | $3,828 +13.2% | $301,200 +0.7% |
| 2022 | $3,382 -1.8% | $299,000 +19.6% |
| 2021 | $3,442 -6.6% | $250,000 -0.4% |
| 2020 | $3,685 +7.1% | $251,000 -2% |
| 2019 | $3,442 -6.6% | $256,000 +5.8% |
| 2018 | $3,685 +10.6% | $242,000 +18.6% |
| 2017 | $3,331 +17.7% | $204,000 +5.7% |
| 2016 | $2,829 -0.1% | $193,000 +4.3% |
| 2015 | $2,833 -3.1% | $185,000 +20.1% |
| 2014 | $2,922 +1.3% | $154,000 -8.9% |
| 2013 | $2,886 +3.8% | $169,000 -0.6% |
| 2012 | $2,780 -4.9% | $170,000 -6.1% |
| 2011 | $2,922 +9.3% | $181,000 -12.1% |
| 2010 | $2,674 -2.9% | $206,000 -8.8% |
| 2009 | $2,753 +5% | $226,000 +3.4% |
| 2006 | $2,621 +15.6% | $218,500 +15% |
| 2005 | $2,267 +10.3% | $190,000 +14.9% |
| 2004 | $2,055 +11.2% | $165,300 +12% |
| 2002 | $1,848 -44.7% | $147,600 |
| 2001 | $3,340 | -- |
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 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$249,700
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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
$249,700
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7312 Grand Ave S
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