$5,224 Closing Credit¹
#6711252, Listing office: Engel & Volkers Minneapolis Downtown
$425,000 List price
7244 12th Ave S Richfield, MN 55423
$5,047
Closing credit¹
4 beds
1 full, 2 partial
2,044 sqft
$208 / sqft
House
Property details
About 7244 12th Ave S
Spacious and full of natural light, this 4-bedroom, 3-bathroom home sits on a desirable corner lot. The main level features stainless steel kitchen appliances, two bedrooms and a bright sunroom perfect for relaxing or entertaining. The upper level features the primary bedroom, walk in closet, and forth bedroom. The lower level offers a ton of storage space, providing both function and flexibility. Step outside to a fenced-in backyard with a deck and patio—ideal for summer gatherings. Conveniently located near highways, the Mall of America, and the airport.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,044 sqft
BasementYes
Year built1955
ParkingDetached, Garage Door Opener
MLS #6693215
Garage2 spaces
FireplaceFamily Room, Living Room
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Basement: Yes
- Fireplace: Family Room, Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Garage Door Opener
- Heating: Forced Air
- Cooling: Central Air
- List Price: $425,000
- Price/SqFt: $207
- HOA Amount: $0
- Annual Tax Amount: $5,169
- Tax Year: 2023
- Lot: Few Trees
- Directions: MN-62 E exit onto Portland Ave ramp and turn right. At the roundabout take the 2nd exit onto Portland Ave S, turn left onto E 73rd St, left onto 12th Ave S and the home will be on the left.
- Year Built: 1955
- Living Area: 2,044 SqFt
- MLS Number: 6693215
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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$425,000
7244 12th Ave S
$5,047
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 03, 2020 | Home Sold | $329,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $376,200 | $5,169 |
| 2022 | $361,000 | $4,714 |
| 2021 | $328,000 | $4,587 |
| 2020 | $247,000 | $3,379 |
| 2019 | $230,900 | $3,521 |
| 2018 | $216,730 | $3,385 |
| 2017 | $200,380 | $3,348 |
History based on county public records data.
Nearby schools
3
Richfield STEM School
Public Magnet PK-5
0.3 mi
•7020 12th Ave S
2
Centennial Elementary
Public District KG-5
0.3 mi
•7315 Bloomington Ave
5
Richfield Dual Language School
Public District PK-5
0.3 mi
•7001 Elliot Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,596. Most Richfield, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
35%
<35k
44%
35k-100k
18%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
11%
Single, with Kids
28%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Tennis
Symphony or Opera
Hiking/backpacking
Where do the neighbors shop?
IKEA
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Chipotle
Boston Market
Logan's Roadhouse
What do the neighbors drive?
Jeep
Volvo
Mazda
What do the neighbors listen to?
Alternative
Talk/Personality
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7244 12th Ave S
The listing price of 7244 12th Ave S property is $425,000.
The property 7244 12th Ave S is a house located in Richfield, Minnesota, 55423.
Active Listing: 7244 12th Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7244 12th Ave S are: Richfield STEM School (GreatSchools Rating 3/10), Centennial Elementary (GreatSchools Rating 2/10), Richfield Dual Language School (GreatSchools Rating 5/10), Success Academy (GreatSchools Rating 3/10), Partnership Academy Inc. (GreatSchools Rating 1/10), Scitech Academy Middle School (GreatSchools Rating 1/10), Richfield College Experience Program (GreatSchools Rating 6/10), Watershed High School (GreatSchools Rating 2/10), Richfield High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $5,169 (source: MLS/based on county public records data).
The last sale was on March 3, 2020 for $329,500 (source: MLS/tax record).
The property at 7244 12th Ave S has 4 bedrooms and 1 full and 2 half bathrooms.
The property 7244 12th Ave S is 2,044 SqFt (source: MLS/tax record).
The year of construction for 7244 12th Ave S is 1955.
This home is located at 7244 12th Ave S in Richfield, MN and zip code 55423. This 2,044 square foot home was built in 1955. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $425,000.
In May 2025 more than 29 listings in Richfield, MN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. The inventory of homes for sale in Richfield, MN between April and May 2025 increased by 3.3%. The median list price of listings available in May 2025 was $368,300, while the average time on the real estate market was 20 days.
From Rocket Homes Real Estate and based on county public records data.