$4,393 Closing Credit¹
#6724168, Listing office: RE/MAX Results
$350,000 List price
7417 Colfax Ave S Richfield, MN 55423
$4,156
Closing credit¹
3 beds
1 full
1,588 sqft
$220 / sqft
House
Property details
About 7417 Colfax Ave S
Terrific opportunity for affordable living in a prime Richfield neighborhood! Enjoy all the amenities & conveniences this location offers like parks, miles of walking trails, schools, shopping, restaurants and so much more. This well maintained 3 bedroom home features an updated kitchen with endless countertops & cupboard spaces, sleek cabinetry and stainless steel appliances. Beautiful oak flooring runs throughout the sun-soaked living room, main floor bedroom, informal dining room and kitchen. Upstairs you'll find a surprisingly spacious bedroom with ample storage areas and an independent heating/cooling system. The finished lower level holds the 3rd bedroom (or cherished home office space), laundry room, convenient 3/4 bathroom and a 17x11 family room that is the perfect spot for playing or watching TV. The oversized 2 car garage will easily hold two vehicles plus all of your tools & toys. Buy and begin enjoying this great home in a great location!
Highlights
Home typeSingle Family Residence
HeatingDuctless, Forced Air
StatusActive
CoolingCentral Air, Ductless
Size1,588 sqft
BasementYes
Year built1950
ParkingDetached, Concrete, Electric, Garage Door Opener
MLS #6732484
Garage2 spaces
Summary
- Full Bathrooms: 1
- Appliances: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Concrete, Electric, Garage Door Opener
- Heating: Ductless, Forced Air
- Cooling: Central Air, Ductless
- List Price: $350,000
- Price/SqFt: $220
- HOA Amount: $0
- Annual Tax Amount: $4,592
- Tax Year: 2023
- Directions: 35W N to Lyndale. Take 4B 494/5, Lyndale to Colfax
- Year Built: 1950
- Living Area: 1,588 SqFt
- MLS Number: 6732484
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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$350,000
7417 Colfax Ave S
$4,156
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 15, 2019 | Home Sold | $275,000 |
| Jan 17, 2017 | Home Sold | $217,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $337,600 | $4,592 |
| 2022 | $338,000 | $4,385 |
| 2021 | $284,000 | $3,906 |
| 2020 | $235,000 | $3,190 |
| 2019 | $212,370 | $3,243 |
| 2018 | $200,380 | $3,135 |
| 2017 | $178,580 | $2,990 |
History based on county public records data.
Nearby schools
7
Seven Hills Preparatory Academy Lower Elementary School
Public Charter KG-5
0.4 mi
•1401 W 76th St
1
Scitech Academy Charter School
Public Charter KG-5
1.2 mi
•100 W 66th St
5
Richfield Dual Language School
Public District PK-5
1.6 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 $71,467. Most Richfield, MN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
15%
<35k
51%
35k-100k
31%
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?
43%
Single, No Kids
6%
Single, with Kids
30%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
5%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Tennis
Hiking/backpacking
Where do the neighbors shop?
Chico's
IKEA
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Chipotle
Qdoba
What do the neighbors drive?
Volvo
Jeep
Mazda
What do the neighbors listen to?
Talk/Personality
Alternative
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7417 Colfax Ave S
The listing price of 7417 Colfax Ave S property is $350,000.
The property 7417 Colfax Ave S is a house located in Richfield, Minnesota, 55423.
Active Listing: 7417 Colfax Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7417 Colfax Ave S are: Seven Hills Preparatory Academy Lower Elementary School (GreatSchools Rating 7/10), Scitech Academy Charter School (GreatSchools Rating 1/10), Richfield Dual Language School (GreatSchools Rating 5/10), Seven Hills Preparatory Academy Upper (GreatSchools Rating 5/10), Richfield Middle School (GreatSchools Rating 3/10), Scitech Academy Middle School (GreatSchools Rating 1/10), Richfield High School (GreatSchools Rating 5/10), South Education Center Academy (GreatSchools Rating 1/10), Richfield College Experience Program (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $4,592 (source: MLS/based on county public records data).
The last sale was on November 15, 2019 for $275,000 (source: MLS/tax record).
The property at 7417 Colfax Ave S has 3 bedrooms and 2 bathrooms.
The property 7417 Colfax Ave S is 1,588 SqFt (source: MLS/tax record).
The year of construction for 7417 Colfax Ave S is 1950.
This home is located at 7417 Colfax Ave S in Richfield, MN and zip code 55423 in the Irwin Shores neighborhood. This 1,588 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $350,000.
Over 29 listings were sold over their listed price in May 2025 in Richfield, MN. In the same period over 12 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Richfield, MN increased by 3.3% between April and May 2025. 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.