Active

$499,900

7520 Portland Ave S, Richfield, MN 55423

5beds

2,382sqft

$3,108/mo

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Single Family

Built in 1998

9,583 Square Feet Lot

$498,700 Zestimate^®

$210/sqft

$-- HOA

What's special

Built in 1998, this spacious and updated multi-level home is a rare find in Richfield. It offers 5 bedrooms, 2 bathrooms, and nearly 2,400 finished square feet of versatile living space. The main level features a bright living room that flows seamlessly into the dining area and an updated kitchen with new granite countertops (2026). Step outside onto the main-level deck overlooking a fully fenced 0.22-acre lot. The upper levels include three bedrooms and one full bathroom. The well-designed layout provides incredible flexibility for a home office, gym, or playroom. Additional highlights include a new roof (2026), a lower-level family room, two bedrooms with great natural light (including an egress window in the 5th bedroom), and a convenient 2-car detached garage. Located in a highly accessible part of Richfield, this property offers quick access to major highways (just off the 494 corridor), parks, shopping, and local schools.

20 days

653

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Bedroom

Level: Upper
Area: 182 Square Feet
Dimensions: 14x13

Bedroom 2

Level: Upper
Area: 100 Square Feet
Dimensions: 10x10

Bedroom 3

Level: Upper
Area: 100 Square Feet
Dimensions: 10x10

Bedroom 4

Level: Lower
Area: 121 Square Feet
Dimensions: 11x11

Bedroom 5

Level: Lower
Area: 224 Square Feet
Dimensions: 16x14

Deck

Level: Main
Area: 144 Square Feet
Dimensions: 12x12

Dining room

Level: Main
Area: 121 Square Feet
Dimensions: 11x11

Family room

Level: Lower
Area: 273 Square Feet
Dimensions: 21x13

Kitchen

Level: Main
Area: 108 Square Feet
Dimensions: 12x9

Living room

Level: Main
Area: 238 Square Feet
Dimensions: 17x14

Heating

Forced Air

Cooling

Central Air

Features

Basement: Egress Window(s),Full,Sump Pump
Has fireplace: No

Interior area

Total structure area: 2,382
Total interior livable area: 2,382 sqft
Finished area above ground: 1,191
Finished area below ground: 1,191

Property

Parking

Total spaces: 2
Parking features: Detached Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Four or More Level Split
Fencing: Chain Link,Partial

Lot

Size: 9,583 Square Feet
Dimensions: 75 x 132

Details

Foundation area: 1191
Parcel number: 3402824410021
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Roof: Age 8 Years or Less

Condition

New construction: No
Year built: 1998

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: $210/sqft
Tax assessed value: $388,900
Annual tax amount: $5,665
Date on market: 8/7/2026

Estimated market value

$498,700

$474,000 - $524,000

$3,611/mo

Price history

Date	Event	Price
8/14/2026	Listed for sale	$499,900+100.8%$210/sqft
Source: NorthstarMLS as distributed by MLS GRID #7123452 Report a problem
8/26/2013	Sold	$249,000-4.2%$105/sqft
Source: Public Record Report a problem
8/19/2004	Sold	$260,000+100%$109/sqft
Source: Public Record Report a problem
12/22/1998	Sold	$130,000+312.7%$55/sqft
Source: Public Record Report a problem
7/15/1997	Sold	$31,500$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,282 -0.3%	$388,900 +4.4%
2024	$5,299 +6.5%	$372,400 -2.5%
2023	$4,974 +6.7%	$382,000 +1.6%
2022	$4,663 +5.7%	$376,000 +13.9%
2021	$4,410 -2.3%	$330,000 +6.5%
2020	$4,515 +2.4%	$310,000 +2%
2019	$4,410 -2.3%	$304,000 +9.7%
2018	$4,515 +8.5%	$277,000 +13.1%
2017	$4,160 +17.5%	$245,000 +10.9%
2016	$3,542 +5.4%	$221,000 +2.3%
2015	$3,359 +4%	$216,000 +13.1%
2014	$3,229 -3.3%	$191,000 -7.7%
2013	$3,340 -1.7%	$207,000 -5.9%
2012	$3,397 +2.9%	$220,000 -1.8%
2011	$3,302 +5.2%	$224,000 -4.7%
2010	$3,138 -5%	$235,000 -10.6%
2009	$3,304 +13.8%	$263,000 +6.8%
2006	$2,903 +16.3%	$246,200 +15%
2005	$2,497 +11.6%	$214,100 +15%
2004	$2,237 +11.7%	$186,200 +12%
2002	$2,003 -48.9%	$166,300
2001	$3,917	--