Located in a highly convenient area of Richfield with quick access to I-494, shopping, restaurants,
and everyday amenities, this single-family home offers incredible potential for an investor, flipper,
or buyer ready to build equity. Property is being sold as-is and includes personal property currently
remaining in the home, with the exception of the vehicle in the garage, which will be removed prior
to closing. Buyer to assume responsibility for any remaining personal property. A rare opportunity
to transform a well-located property into something truly special!
Active with contingency
Price cut: $30K (6/8)
$250,000
7338 Grand Ave S, Richfield, MN 55423
3beds
1,435sqft
Single Family
Built in 1951
0.28 Acres Lot
$248,600 Zestimate®
$174/sqft
$-- HOA
What's special
- 53 days |
- 2,767 |
- 65 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Janelle Seitzer 507-351-8923,
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7078006
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Description: Main Floor Full Bath
Dining room
- Description: Separate/Formal Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,050
- Total interior livable area: 1,435 sqft
- Finished area above ground: 1,025
- Finished area below ground: 410
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Pool features: None
Lot
- Size: 0.28 Acres
- Dimensions: 75 x 165
Details
- Additional structures: Storage Shed
- Foundation area: 1025
- Parcel number: 3402824230006
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- 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: $174/sqft
- Tax assessed value: $282,200
- Annual tax amount: $3,912
- Date on market: 5/26/2026
Estimated market value
$248,600
$236,000 - $261,000
$2,437/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $250,000-10.7%$174/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7078006 Report a problem | ||
| 5/28/2026 | Listed for sale | $280,000$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7078006 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,007 +1.1% | $282,200 -3.9% |
| 2024 | $3,964 +6.4% | $293,600 -0.6% |
| 2023 | $3,727 +13.3% | $295,500 +1.2% |
| 2022 | $3,288 -1.8% | $292,000 +19.7% |
| 2021 | $3,348 -4.9% | $244,000 -0.4% |
| 2020 | $3,521 +5.2% | $245,000 -0.4% |
| 2019 | $3,348 -4.9% | $246,000 +7% |
| 2018 | $3,521 +8.1% | $230,000 +13.3% |
| 2017 | $3,258 +15.9% | $203,000 +5.2% |
| 2016 | $2,813 -0.7% | $193,000 +4.3% |
| 2015 | $2,833 +6.5% | $185,000 +18.6% |
| 2014 | $2,659 +1.8% | $156,000 -8.2% |
| 2013 | $2,612 +5.7% | $170,000 |
| 2012 | $2,472 -3.8% | $170,000 -6.1% |
| 2011 | $2,569 -3.4% | $181,000 -11.7% |
| 2010 | $2,659 -1.9% | $205,000 -8.1% |
| 2009 | $2,711 +8.7% | $223,000 +5.7% |
| 2006 | $2,495 +14.9% | $211,000 +14.1% |
| 2005 | $2,171 +10.6% | $185,000 +15% |
| 2004 | $1,963 +11.5% | $160,900 +12% |
| 2002 | $1,761 -45.4% | $143,700 |
| 2001 | $3,223 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55423
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: 0.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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