$400,000

7412 1st Ave S Richfield, MN 55423

$4,750
Closing credit¹
5 beds
2 full
2,180 sqft
$183 / sqft
House

Property details

About 7412 1st Ave S

Charming 5 bedroom, 3 bathroom 1.5 story home located in Richfield, blocks away from community center and parks. Easy access to 494 and just South of Hwy 62. Walk into a cozy living room with a wood burning fireplace. 2 bedrooms and a full bath on the main level as well as a spacious kitchen and dining area. 2 bedrooms and full bathroom upstairs and downstairs one bedroom and a 3/4 bath plus a family room and laundry/storage area. Rare 4 stall garage / workshop, huge deck and backyard space. This home has newly refinished wood floors and lots of character. Don't miss out! Schedule a private showing today!

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Steam
StatusSale Pending
(Pending)
CoolingCentral Air
Size2,180 sqft
BasementYes
Year built1946
ParkingDetached
MLS #6657695
Garage4 spaces
FireplaceLiving Room, Wood Burning

Summary

  • MLS Number: 6657695
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Realty Integrity

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Last updated on: 3/14/2025, 12:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a garage and an outbuilding

$400,000

7412 1st Ave S

$4,750

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 30, 2019
Home Sold
$299,900
Aug 31, 2015
Home Sold
$293,814
May 28, 2013
Home Sold
$245,900
Jun 16, 2004
Home Sold
$273,500
Aug 26, 2002
Home Sold
$227,000

Tax history

YearAssessmentProperty Tax
2023$381,200$5,287
2022$376,000$4,973
2021$334,000$4,724
2020$320,000$4,567
2019$302,840$4,647
2018$287,580$4,520
2017$255,970$4,304

History based on county public records data.

Nearby schools

5

Richfield Dual Language School

Public District PK-5

0.9 mi

7001 Elliot Ave S

7

Seven Hills Preparatory Academy Lower Elementary School

Public Charter KG-5

1.0 mi

1401 W 76th St

3

Richfield STEM School

Public Magnet PK-5

1.0 mi

7020 12th Ave S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $75,548. The majority of Richfield, MN residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

5%
<35k
72%
35k-100k
21%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • TennisTennis
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • IKEAIKEA
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Church's ChickenChurch's Chicken
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • MazdaMazda
  • JeepJeep
  • ToyotaToyota

What do the neighbors listen to?

  • RockRock
  • AlternativeAlternative
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7412 1st Ave S

This home is located at 7412 1st Ave S in Richfield, MN and zip code 55423. This 2,180 square foot home was built in 1946. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $400,000.

In February 2025, from all listings sold in Richfield, MN there were more than 5 sold above asking price, over 4 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Richfield, MN increased by 39.3% between January and February 2025. In February 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $360,000.

From Rocket Homes Real Estate and based on county public records data.

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