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  • $410,000

    7344 Sheridan Ave S, Richfield, MN 55423

    4beds
    2,070sqft
    Single Family Residence
    Built in 1949
    10,018 Square Feet Lot
    $418,600 Zestimate®
    $198/sqft
    $2,697 Estimated rent

    Home value

    $418,600

    $385,000 - $452,000

    $2,697/mo

    Zestimate® history
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    What's special

    Stunningly updated Richfield rambler on a premium corner lot at 74th Ave & Sheridan Ave S. This turn-key 4BR/2BA home combines modern upgrades with timeless charm, featuring refinished hardwood floors, fresh interior paint, and new light fixtures throughout. The updated kitchen shines with brand-new stainless steel appliances and an inviting informal dining area. The lower level offers a spacious private primary suite with a walk-in closet and a beautifully tiled bathroom. Extensive improvements provide comfort and efficiency: new insulation added to the home, new garage siding, updated windows and doors, newer roof, A/C, and upgraded concrete exterior steps/walkway. The backyard is a standout retreat with maintenance-free turf, a fully fenced yard, and solar panels thoughtfully mounted on a backyard pergola perfect for energy savings and low-maintenance living. All set in an unbeatable Richfield location close to shopping, restaurants, parks, schools, and major consumer attractions. Truly move-in ready and beautifully updated throughout don’t miss this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Derrek Tarter 612-599-5923,

    eXp Realty,

    Jesse Penman 651-336-4835

    Bought with:

    Svetlana Kalinowski

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6817475MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 2
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 3
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 10x7
    Bedroom 4
    • Level: Lower
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Dining room
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 9x8
    Family room
    • Level: Main
    • Area: 184 Square Feet
    • Dimensions: 23x8
    Family room
    • Level: Lower
    • Area: 184 Square Feet
    • Dimensions: 23x8
    Informal dining room
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 9x8
    Kitchen
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 15x8
    Living room
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16x11
    Patio
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16x11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
    Features
    • Basement: Egress Window(s),Finished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,070
    • Total interior livable area: 2,070 sqft
    • Finished area above ground: 1,035
    • Finished area below ground: 718

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Asphalt
    • Garage spaces: 2
    • Details: Garage Dimensions (20x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Chain Link,Partial
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 75 x 134
    Details
    • Foundation area: 1035
    • Parcel number: 3202824140117
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Penn Lake Terrace 1st Add
    HOA
    • Has HOA: No
    Location
    • Region: Richfield

    Financial & listing details

    • Price per square foot: $198/sqft
    • Tax assessed value: $345,300
    • Annual tax amount: $4,994
    • Date on market: 11/21/2025
    • Cumulative days on market: 71 days

    Price history

    DateEventPrice
    3/2/2026Sold$410,000+2.5%$198/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6817475 Report a problem
    2/9/2026Pending sale$399,900$193/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6817475 Report a problem
    11/30/2025Listed for sale$399,900+25%$193/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6817475 Report a problem
    10/7/2020Sold$320,000+17%$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5645258 Report a problem
    7/21/2020Listing removed$1,950$1/sqft
    Source: 33rd Company - MN Report a problem
    7/15/2020Listed for rent$1,950+2.9%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    3/15/2018Listing removed$1,895$1/sqft
    Source: Zillow Rental Network Report a problem
    2/27/2018Listed for rent$1,895$1/sqft
    Source: Zillow Rental Network Report a problem
    8/25/2017Sold$273,500-0.5%$132/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4849165 Report a problem
    7/25/2017Pending sale$274,900$133/sqft
    Source: Minneapolis Lakes #4849165 Report a problem
    7/14/2017Price change$274,900-1.8%$133/sqft
    Source: Minneapolis Lakes #4849165 Report a problem
    6/30/2017Listed for sale$279,900+174.4%$135/sqft
    Source: Keller Williams Integrity Realty #4849165 Report a problem
    12/4/1996Sold$102,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,994 -2.6%$345,300 -2.5%
    2024$5,127 +14.6%$354,100 -4.5%
    2023$4,473 +12.4%$370,900 +8.5%
    2022$3,980 +5.2%$342,000 +19.2%
    2021$3,782 -6.5%$287,000 +5.9%
    2020$4,045 +7%$271,000 +2.3%
    2019$3,782 -6.5%$265,000 +4.7%
    2018$4,045 +33.5%$253,000 +34.6%
    2017$3,030 +17.1%$188,000 +5.6%
    2016$2,588 -0.1%$178,000 +6%
    2015$2,590 +8.6%$168,000 +9.8%
    2014$2,385 +1.6%$153,000 -1.3%
    2013$2,348 -12.1%$155,000 -13.9%
    2012$2,672 +1.2%$180,000 -2.2%
    2011$2,641 +1.7%$184,000 -7.5%
    2010$2,596 +5.5%$199,000 -2%
    2009$2,460 +13.4%$203,000 +6.3%
    2006$2,170 +16.9%$191,000 +14.7%
    2005$1,857 +11.6%$166,500 +15%
    2004$1,664 +12.8%$144,800 +12%
    2002$1,475 -47.4%$129,300
    2001$2,807 --
    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $418,600
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    Estimated market value
    $418,600