Sold for $340,000

Street View

$340,000

7625 Park Ave S, Richfield, MN 55423

3beds

1baths

1,242sqft

SingleFamily

Built in 1956

8,046 Square Feet Lot

$367,100 Zestimate^®

$274/sqft

$2,402 Estimated rent

Home value

$367,100

$341,000 - $393,000

$2,402/mo

Zestimate^® history

Owner options

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$2,402/mo

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$2,402/mo

Rent Zestimate^®

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$2,150/mo

Est. payment

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$2,150/mo

Est. payment

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What's special

7625 Park Ave S, Richfield, MN 55423 is a single family home that contains 1,242 sq ft and was built in 1956. It contains 3 bedrooms and 1.75 bathrooms. This home last sold for $340,000 in July 2025. The Zestimate for this house is $367,100. The Rent Zestimate for this home is $2,402/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1.75

Heating

Wall

Cooling

Other

Features

Basement: Finished
Has fireplace: Yes

Interior area

Total interior livable area: 1,242 sqft

Property

Parking

Total spaces: 1
Parking features: Garage - Attached

Features

Exterior features: Wood

Lot

Size: 8,046 Square Feet

Details

Parcel number: 3502824330015

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Asphalt

Condition

Year built: 1956

Community & HOA

Location

Region: Richfield

Financial & listing details

Price per square foot: $274/sqft
Tax assessed value: $321,400
Annual tax amount: $4,140

Price history

Date	Event	Price
7/15/2025	Sold	$340,000+40.5%$274/sqft
Source: Public Record Report a problem
5/20/2025	Sold	$242,000+32.2%$195/sqft
Source: Public Record Report a problem
2/10/2003	Sold	$183,000+45.2%$147/sqft
Source: Public Record Report a problem
6/9/1998	Sold	$126,000$101/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,140 +1%	$321,400 +6.4%
2024	$4,097 +8.3%	$302,100 -0.8%
2023	$3,784 +0.4%	$304,400 +2.8%
2022	$3,768 +9%	$296,000 +7.6%
2021	$3,457 -3.6%	$275,000 +9.1%
2020	$3,587 +3.8%	$252,000 +0.8%
2019	$3,457 -3.6%	$250,000 +5.9%
2018	$3,587 +11.9%	$236,000 +21%
2017	$3,206 +19.5%	$195,000 +7.1%
2016	$2,682 +1.6%	$182,000 +3.4%
2015	$2,640 +5.5%	$176,000 +9.3%
2014	$2,504 +5.8%	$161,000 +2.5%
2013	$2,367 -12.4%	$157,000 -14.2%
2012	$2,702 +2%	$183,000 -1.6%
2011	$2,649 +0.2%	$186,000 -8.8%
2010	$2,644 +0.6%	$204,000 -6%
2009	$2,629 +12.7%	$217,000 +5.9%
2006	$2,333 +12.4%	$205,000 +11.2%
2005	$2,076 +11.4%	$184,400 +15%
2004	$1,863 +12.4%	$160,400 +11.9%
2002	$1,658 -48.4%	$143,300
2001	$3,213	--