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    • $471,000

    7501 Colfax Ave S, Richfield, MN 55423

    5beds
    2,252sqft
    Single Family Residence
    Built in 1968
    6,490 Square Feet Lot
    $491,400 Zestimate®
    $209/sqft
    $2,884 Estimated rent

    Home value

    $491,400

    $467,000 - $516,000

    $2,884/mo

    Zestimate® history
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    What's special

    Beautifully remodeled Mid-Century Modern with rare 5 bedroom layout, gorgeous open floor plan, lovely oak hardwood floors, gourmet kitchen, designer lighting and fixtures, and 3 bedrooms on the main floor complete with a primary ensuite. The lower level is completely finished with 2 additional bedrooms, updated bath, and huge family room. Owner’s pride shows in the gorgeous lawn, landscaping, and a completely fenced backyard with a wonderful patio spaces for entertaining friends and family. Lots of windows bring in excellent natural light throughout. This quiet residential neighborhood is conveniently located close to highways, shopping, and just 2 blocks from Woodlake Nature Center. This home is turnkey and lives like new construction as it was basically completely remodeled from top-to-bottom just 6 years ago.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Parkin 612-310-8247,

    Verve Realty

    Bought with:

    Malisa Martinez

    RE/MAX Advantage Plus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6560167MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 12 x 14
    Bedroom 2
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9 x 12
    Bedroom 3
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9 x 12
    Bedroom 4
    • Level: Lower
    • Area: 165 Square Feet
    • Dimensions: 11 x 15
    Bedroom 5
    • Level: Lower
    • Area: 143 Square Feet
    • Dimensions: 11 x 13
    Dining room
    • Level: Main
    • Area: 171 Square Feet
    • Dimensions: 9 x 19
    Family room
    • Level: Lower
    • Area: 495 Square Feet
    • Dimensions: 15 x 33
    Kitchen
    • Level: Main
    • Area: 190 Square Feet
    • Dimensions: 10 x 19
    Laundry
    • Level: Lower
    • Area: 180 Square Feet
    • Dimensions: 12 x 15
    Living room
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 15 x 20
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Basement: Full
    Interior area
    • Total structure area: 2,252
    • Total interior livable area: 2,252 sqft
    • Finished area above ground: 1,185
    • Finished area below ground: 1,067

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Full
    Lot
    • Size: 6,490 Square Feet
    • Dimensions: 50 x 130
    • Features: Corner Lot
    Details
    • Foundation area: 1185
    • Parcel number: 3302824410127
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1968

    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: $209/sqft
    • Tax assessed value: $434,000
    • Annual tax amount: $5,738
    • Date on market: 6/27/2024
    • Cumulative days on market: 18 days

    Price history

    DateEventPrice
    8/2/2024Sold$471,000+3.5%$209/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6560167 Report a problem
    7/15/2024Pending sale$455,000$202/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6560167 Report a problem
    6/27/2024Listed for sale$455,000+15.2%$202/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6560167 Report a problem
    10/16/2018Sold$395,000-1.2%$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4980882 Report a problem
    8/10/2018Price change$399,900-4.8%$178/sqft
    Source: Ravenswood Realty #4980882 Report a problem
    7/17/2018Listed for sale$420,000+81.6%$187/sqft
    Source: Ravenswood Realty #4980882 Report a problem
    3/27/2018Sold$231,250+101.1%$103/sqft
    Source: Public Record Report a problem
    10/11/2017Sold$115,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,059 +5.6%$434,000 +2.2%
    2024$5,739 +6%$424,600 +2.5%
    2023$5,415 +10.2%$414,300 +1%
    2022$4,912 +5.3%$410,000 +17.5%
    2021$4,665 -4.4%$349,000 +6.1%
    2020$4,882 +4.7%$329,000
    2019$4,665 -4.4%$329,000 +22.8%
    2018$4,882 +28%$268,000 +16%
    2017$3,813 +16.5%$231,000 +10%
    2016$3,273 +4.5%$210,000 -3.7%
    2015$3,132 -3%$218,000 +10.7%
    2014$3,230 +6.1%$197,000 +2.1%
    2013$3,043 -8%$193,000 -11.1%
    2012$3,308 +3.3%$217,000 -1.4%
    2011$3,202 +6.2%$220,000 -3.9%
    2010$3,014 +0.9%$229,000 -5.8%
    2009$2,988 +8.9%$243,000 +3%
    2006$2,743 +15.7%$236,000 +14.2%
    2005$2,371 +11.2%$206,600 +15%
    2004$2,132 +12.2%$179,700 +12%
    2002$1,901 -48.9%$160,500
    2001$3,719 --
    Find assessor info on the county website

    Neighborhood: 55423

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    Estimated market value
    $491,400
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    Estimated market value
    $491,400

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