Welcome home to this stunning rambler in highly sought-after West Richfield! Move-in ready and filled with natural light, this beautifully updated home blends timeless charm with modern conveniences in an unbeatable location.
Step inside to discover gleaming hardwood floors, fresh designer paint colors, and tastefully remodeled bathrooms. The show-stopping kitchen renovation opens seamlessly to a spacious dining room addition, creating the perfect space for both everyday living and entertaining.
Just off the kitchen, your private backyard oasis awaits. Enjoy summer barbecues, outdoor dining, and relaxing evenings on the expansive stamped concrete patio, complete with a premium Bullfrog A7 hot tub. Its full-foam insulation and efficient design keep operating costs low through Minnesota winters, and the saltwater sanitizing system means soft, gentle water and far less upkeep than a traditional spa.
Ideally situated a short walk from the Edina Promenade's shops and dining, with parks, the library, and public transit close at hand, this home offers exceptional convenience and accessibility.
The best part? The expensive, invisible work is already done. This home has been updated where it counts: a CIPP-relined sewer (a typical $12K or more repair on homes of this era), new roof, high-efficiency furnace, water heater, and 200-amp electrical service with underground fiber (uncommon in the area). Move in with confidence. The big-ticket items are complete.
Closed
$420,000
7338 Thomas Ave S, Richfield, MN 55423
4beds
1,850sqft
Single Family
Built in 1950
10,018 Square Feet Lot
$415,500 Zestimate®
$227/sqft
$2,905 Estimated rent
Home value
$415,500
$395,000 - $436,000
$2,905/mo
Zestimate® history
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List your homeWhat's special
Gleaming hardwood floorsFresh designer paint colorsSaltwater sanitizing systemPrivate backyard oasisWater heaterFilled with natural lightStunning rambler
Zillow last checked:
Listing updated:
Listed by:
Jason Miskowic 612-532-5311,
RE/MAX Advantage Plus
Bought with:
Luke Carlson
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7079221
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 2
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11x7
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Level: Lower
- Area: 132 Square Feet
- Dimensions: 12x11
Dining room
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9x8
Family room
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 20x12
Kitchen
- Level: Main
- Area: 320 Square Feet
- Dimensions: 20x16
Living room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Patio
- Level: Main
- Area: 405 Square Feet
- Dimensions: 27x15
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Lower Level, Laundry Room
Features
- Basement: Block,Daylight,Egress Window(s),Finished,Full,Sump Basket
- Has fireplace: No
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 2,260
- Total interior livable area: 1,850 sqft
- Finished area above ground: 1,130
- Finished area below ground: 720
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x22), Garage Door Height (8), Garage Door Width (15)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Fencing: Chain Link,Composite,Full,Privacy
Lot
- Size: 10,018 Square Feet
- Dimensions: 75 x 134
- Features: Tree Coverage - Light, Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 1130
- Parcel number: 3202824130044
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected, City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
Community & HOA
Community
- Subdivision: Penn Lake Terrace 1st Add
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $369,300
- Annual tax amount: $5,522
- Date on market: 5/22/2026
- Cumulative days on market: 32 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Sold | $420,000+1.2%$227/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7079221 Report a problem | ||
| 6/28/2026 | Pending sale | $414,900$224/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7079221 Report a problem | ||
| 6/17/2026 | Price change | $414,900-2.4%$224/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7079221 Report a problem | ||
| 6/10/2026 | Price change | $424,900-2.3%$230/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7079221 Report a problem | ||
| 5/27/2026 | Listed for sale | $434,900+37.2%$235/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7079221 Report a problem | ||
| 6/5/2019 | Sold | $317,000+7.6%$171/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5225845 Report a problem | ||
| 5/16/2019 | Listed for sale | $294,700$159/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5225845 Report a problem | ||
| 5/16/2019 | Pending sale | $294,700$159/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5225845 Report a problem | ||
| 5/6/2019 | Listed for sale | $294,700+41%$159/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5225845 Report a problem | ||
| 2/29/2008 | Sold | $209,000+27.2%$113/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1340108 Report a problem | ||
| 12/7/2007 | Sold | $164,300+27.9%$89/sqft |
Source: Public Record Report a problem | ||
| 10/29/1999 | Sold | $128,500$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,532 +0.6% | $369,300 -2.3% |
| 2024 | $5,500 +12.9% | $378,000 -4.1% |
| 2023 | $4,871 +9.6% | $394,200 +7.7% |
| 2022 | $4,446 +4.1% | $366,000 +18.4% |
| 2021 | $4,273 +25.7% | $309,000 +5.5% |
| 2020 | $3,399 -20.5% | $293,000 +23.6% |
| 2019 | $4,273 +25.7% | $237,000 +3% |
| 2018 | $3,399 +14.2% | $230,000 +25% |
| 2017 | $2,976 +18% | $184,000 +6.4% |
| 2016 | $2,521 +0.8% | $173,000 +4.8% |
| 2015 | $2,501 +7.3% | $165,000 +10% |
| 2014 | $2,332 +1.8% | $150,000 -1.3% |
| 2013 | $2,291 -12.5% | $152,000 -14.1% |
| 2012 | $2,618 +0.4% | $177,000 -2.7% |
| 2011 | $2,608 +1.6% | $182,000 -7.6% |
| 2010 | $2,566 +4.9% | $197,000 -2.5% |
| 2009 | $2,446 -13.7% | $202,000 +6.3% |
| 2006 | $2,835 +45.5% | $190,000 +9.6% |
| 2005 | $1,949 +28.4% | $173,300 +15% |
| 2004 | $1,519 +15.1% | $150,700 +12% |
| 2002 | $1,319 -55.5% | $134,600 |
| 2001 | $2,965 | -- |
Find assessor info on the county website
Neighborhood: 55423
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Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$415,500
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Estimated market value
$415,500
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7338 Thomas Ave S
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