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  • $334,900

    7401 Russell Ave S, Richfield, MN 55423

    3beds
    1,448sqft
    Single Family
    Built in 1950
    6,098.4 Square Feet Lot
    $334,600 Zestimate®
    $231/sqft
    $2,534 Estimated rent

    Home value

    $334,600

    $311,000 - $358,000

    $2,534/mo

    Zestimate® history
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    What's special

    Classic Richfield bungalow blending timeless character with modern updates. The inviting living room showcases original hardwood floors, elegant coved ceilings, and a large picture window that floods the space with natural light. The updated kitchen is outfitted with stainless steel appliances and offers the perfect balance of style and function for everyday meals or entertaining. Upstairs, a generously sized owner's suite provides a private retreat tucked away from the main living areas. Downstairs, the finished lower level is a true highlight, featuring a spacious family room anchored by a cozy gas fireplace, ideal for movie nights, game days, or relaxed evenings in. A large laundry and utility room offers ample storage space to keep everything organized. Step outside to a fenced backyard built for entertaining, complete with a large deck perfect for summer cookouts, morning coffee, or hosting friends and family. A detached 2-car garage adds convenience and extra storage. Recent improvements include a new AC unit and new main line sewer liner all the way to city connection in the Fall of 2025! Situated in a sought-after Richfield neighborhood close to parks, shopping, dining, and just minutes from Minneapolis and MSP airport. Move-in ready and full of warmth, this one checks all the boxes!

    Zillow last checked:

    Listing updated:

    Listed by:

    Taylor Doolittle 952-567-9939,

    RE/MAX Results

    Bought with:

    Michael Brewbaker

    National Realty Guild

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7061855MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Upper
    • Area: 150 Square Feet
    • Dimensions: 15x10
    Deck
    • Level: Main
    Family room
    • Level: Lower
    • Area: 360 Square Feet
    • Dimensions: 30x12
    Kitchen
    • Level: Main
    • Area: 91 Square Feet
    • Dimensions: 13x7
    Laundry
    • Level: Lower
    • Area: 330 Square Feet
    • Dimensions: 30x11
    Living room
    • Level: Main
    • Area: 198 Square Feet
    • Dimensions: 18x11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer, Water Softener Owned
    Features
    • Basement: Daylight,Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 1,448
    • Total interior livable area: 1,448 sqft
    • Finished area above ground: 1,088
    • Finished area below ground: 360

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Deck
    • Fencing: Full,Wood
    Lot
    • Size: 6,098 sqft
    • Dimensions: 46 x 135
    Details
    • Foundation area: 360
    • Parcel number: 3202824410028
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Richfield
    • Subdivision: Penn Lake Terrace 1st Add

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    6/12/2026Sold$334,9000%$231/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7061855 Report a problem
    5/19/2026Pending sale$334,990$231/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7061855 Report a problem
    4/30/2026Listed for sale$334,990+24.1%$231/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7061855 Report a problem
    8/7/2020Sold$269,900$186/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5352836 Report a problem
    6/14/2020Pending sale$269,900$186/sqft
    Source: RE/MAX Results #5352836 Report a problem
    6/14/2020Listed for sale$269,900$186/sqft
    Source: RE/MAX Results #5352836 Report a problem
    6/14/2020Pending sale$269,900$186/sqft
    Source: RE/MAX Results #5352836 Report a problem
    6/14/2020Pending sale$269,900$186/sqft
    Source: RE/MAX Results #5352836 Report a problem
    6/4/2020Listed for sale$269,900+28.5%$186/sqft
    Source: RE/MAX Results #5352836 Report a problem
    10/2/2015Sold$210,000-4.5%$145/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4597941 Report a problem
    7/17/2015Price change$219,900-2.2%$152/sqft
    Source: Roger Fazendin Realtors Report a problem
    6/17/2015Price change$224,900-1.8%$155/sqft
    Source: Roger Fazendin REALTORS Report a problem
    6/12/2015Price change$229,000+1.8%$158/sqft
    Source: Roger Fazendin Realtors Report a problem
    6/5/2015Price change$224,900-1.8%$155/sqft
    Source: Roger Fazendin REALTORS Report a problem
    5/15/2015Listed for sale$229,000+9.6%$158/sqft
    Source: Roger Fazendin Realtors Report a problem
    10/31/2006Sold$208,900+132.4%$144/sqft
    Source: Public Record Report a problem
    6/10/1996Sold$89,900$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,149 -2.6%$300,700 +0%
    2024$4,258 +12.6%$300,600 -4%
    2023$3,782 +8.6%$313,200 +6.5%
    2022$3,482 +5.7%$294,000 +15.3%
    2021$3,293 +1.8%$255,000 +6.3%
    2020$3,234 -1.8%$240,000 +5.7%
    2019$3,293 +1.8%$227,000 +2.7%
    2018$3,234 +9.3%$221,000 +27.7%
    2017$2,958 +26.4%$173,000 +3%
    2016$2,339 -3.1%$168,000 +4.3%
    2015$2,414 +6.7%$161,000 +7.3%
    2014$2,263 -1.2%$150,000 -1.3%
    2013$2,291 -10.6%$152,000 -12.6%
    2012$2,563 +0.2%$174,000 -2.8%
    2011$2,559 +1.5%$179,000 -7.7%
    2010$2,521 +8%$194,000
    2009$2,335 +20.5%$194,000 +11.8%
    2006$1,937 +15.4%$173,500 +13.3%
    2005$1,679 +11.7%$153,200 +14.9%
    2004$1,503 +13%$133,300 +11.9%
    2002$1,330 -47%$119,100
    2001$2,508 --

    Find assessor info on the county website

    Neighborhood: 55423

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $334,600
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    Estimated market value
    $334,600