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  • $255,000

    7338 Grand Ave S, Richfield, MN 55423

    3beds
    1,435sqft
    Single Family
    Built in 1951
    0.28 Acres Lot
    $242,200 Zestimate®
    $178/sqft
    $2,373 Estimated rent

    Home value

    $242,200

    $230,000 - $254,000

    $2,373/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Janelle Seitzer 507-351-8923,

    RE/MAX Advantage Plus

    Bought with:

    Aaron Rosell

    Doro Real Estate

    Michael J Tracy

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7078006MLS Logo

    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: $178/sqft
    • Tax assessed value: $282,200
    • Annual tax amount: $3,912
    • Date on market: 5/26/2026
    • Cumulative days on market: 54 days

    Price history

    DateEventPrice
    9/10/2026Sold$255,000+2%$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7078006 Report a problem
    7/21/2026Pending sale$250,000$174/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7078006 Report a problem
    6/8/2026Price change$250,000-10.7%$174/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7078006 Report a problem
    5/28/2026Listed for sale$280,000$195/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7078006 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $242,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $242,200