$350,000

7533 16th Ave S Richfield, MN 55423

$4,156
Closing credit¹
3 beds
1 full
1,886 sqft
$186 / sqft
House

Property details

About 7533 16th Ave S

Welcome to this charming one-story rambler in the heart of Richfield. Located just minutes from grocery stores, restaurants, the Airport and the Mall of America, and with quick highway access to downtown Minneapolis—this move-in-ready home checks all the boxes. Don’t miss this incredible opportunity! The main level features beautiful hardwood floors, abundant natural light, two spacious bedrooms, and an updated full bathroom. The kitchen extends to a good size dining area, which provides walkout access to your backyard. Furnace, AC and Water heater 2017. Quick closing is possible. Agents & buyers to verify measurements.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,886 sqft
BasementYes
Year built1956
ParkingAttached Garage, Garage Door Opener
MLS #6736415
Attached garage1 space
FireplaceFamily Room, Wood Burning

Summary

  • Full Bathrooms: 1
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Family Room, Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Garage Door Opener
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $350,000
  • Price/SqFt: $185
  • HOA Amount: $0
  • Annual Tax Amount: $4,105
  • Tax Year: 2023
  • Lot: Many Trees
  • Directions: From 494 take Portland/12th exit go N on Portland to 76th go E to 16th N to home.
  • Year Built: 1956
  • Living Area: 1,886 SqFt
  • MLS Number: 6736415
  • MLS Name: NORTHSTAR
  • Office Name: Kassa Realty LLC

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Last updated on: 6/23/2025, 12:37:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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7533 16th Ave S, Richfield, MN 55423 - single story home featuring brick siding, a chimney, and a garage

$350,000

7533 16th Ave S

$4,156

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 31, 2008
Home Sold
$170,000
Jan 31, 2006
Home Sold
$250,000

Tax history

YearAssessmentProperty Tax
2023$296,100$4,105
2022$286,000$3,982
2021$255,000$3,602
2020$238,000$3,393
2019$228,720$3,488
2018$205,830$3,218
2017$191,660$3,205

History based on county public records data.

Nearby schools

2

Centennial Elementary

Public District KG-5

0.3 mi

7315 Bloomington Ave

3

Richfield STEM School

Public Magnet PK-5

0.8 mi

7020 12th Ave S

5

Richfield Dual Language School

Public District PK-5

0.8 mi

7001 Elliot 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 $56,196. Residents of Richfield, MN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

34%
<35k
50%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
20%
Single, with Kids
20%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • College BasketballCollege Basketball
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • DillardsDillards
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Cicis PizzaCicis Pizza
  • Logan's RoadhouseLogan's Roadhouse
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • PontiacPontiac
  • HyundaiHyundai
  • ToyotaToyota

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7533 16th Ave S

The listing price of 7533 16th Ave S property is $350,000.

The property 7533 16th Ave S is a house located in Richfield, Minnesota, 55423.

Active Listing: 7533 16th Ave S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7533 16th Ave S are: Centennial Elementary (GreatSchools Rating 2/10), Richfield STEM School (GreatSchools Rating 3/10), Richfield Dual Language School (GreatSchools Rating 5/10), Success Academy (GreatSchools Rating 3/10), Valley View Middle School (GreatSchools Rating 4/10), Partnership Academy Inc. (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 $4,105 (source: MLS/based on county public records data).

The last sale was on October 31, 2008 for $170,000 (source: MLS/tax record).

The property at 7533 16th Ave S has 3 bedrooms and 2 bathrooms.

The property 7533 16th Ave S is 1,886 SqFt (source: MLS/tax record).

The year of construction for 7533 16th Ave S is 1956.

This home is located at 7533 16th Ave S in Richfield, MN and zip code 55423. This 1,886 square foot home was built in 1956. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $350,000.

In May 2025, from all listings sold in Richfield, MN there were more than 29 sold above asking price, over 12 sold below and more than 4 were sold right at the asked price. In May 2025 in Richfield, MN there were 3.3% more homes for sale than in April. While the average time on the market in May 2025 was 20 days, the median list price was $368,300.

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

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