1 month on rocket

Sale Pending

1020 Rae Dr Unit 2, Richfield, MN, 55423

$314,000

Home List Price

$3,729*

Closing Credit

3 Bedrooms
1 Full Bath
1,262 SqFt
$249/SqFt
House
Schools Nearby

Location

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1020 Rae Dr Unit 2, Richfield$314,000

Buyer Closing Credits

$3,729*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete
Garage1 space
Year Built1980
HeatingBaseboard
CoolingWall Unit(s)
FireplaceWood Burning
MLS #6506963
StatusSale Pending
(Active)

About 1020 Rae Dr Unit 2

Ever dreamed of finding that perfect single-level home smack dab in the heart of everything? Picture this: sun-drenched rooms adorned with chic, contemporary vibes that just scream "home." And oh, let me tell you about the kitchen – it's a chef's dream with sleek granite countertops, an extra deep sink, nifty corner storage, a spacious island, and shiny new stainless steel appliances. But wait, there's more! The bathrooms got a modern makeover with stylish vanities and lights, and the dining room? It's a haven with built-ins that are like a secret storage paradise for your glassware and collections. And let's talk lighting – this place is a glow-up haven with plenty of recessed lights, and get this, some are dimmable for that perfect ambiance. This home can be yours TODAY! And the crown jewel? Crown molding with accent lighting that comes to life when the sun sets, giving the whole place a seriously cool vibe. Oh, did I mention the beautiful hardwood floors? See it TODAY!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Living Area: 1,262 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Concrete

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Richfield High School, Public District Grades 9-12
  • Richfield Middle School, Public District Grades 6-8
  • Sheridan Hills Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: West 66th St (east of 35W) to Rae Dr, north to first left, enter the village. First building on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,000
  • Price Per SqFt: $249/SqFt

HOA Fees:

  • Amount: $437
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Richfield, MN.

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Richfield, MN

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$204

Avg. Days On Market

29

# of Sold Homes

25

1020 Rae Dr Unit 2 vs Richfield

39 DAYS ON ROCKET

+10 Days

$314,000

-$25.4K Less

$249/SqFt

+$44 More

KEY TAKEAWAY

This property is $25.4K less than the Median Sold Price and $44/SqFt more than other homes in Richfield, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6506963

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 4/29/2024, 2:22:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3156045
5
/10

  • Sheridan Hills Elementary

  • 6400 Sheridan Ave S

  • 0.96 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3156046
3
/10

  • Richfield Middle School

  • 7461 Oliver Ave S

  • 1.26 miles

  • Public District Grades 6-8

High School

school-card-donut-3156047
3
/10

  • Richfield High School

  • 7001 Harriet Ave

  • 0.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,916. Residents of Richfield, MN typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 Rae Dr Unit 2

What is the listing price of this property?

The listing price of 1020 Rae Dr Unit 2 property is $314,000.

What type of property is this?

The property 1020 Rae Dr Unit 2 is a house located in Richfield, Minnesota, 55423.

Is this property for sale now?

Sale Pending: 1020 Rae Dr Unit 2 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1020 Rae Dr Unit 2 are:
Sheridan Hills Elementary: GreatSchools Rating 5/10
Richfield Middle School: GreatSchools Rating 3/10
Richfield High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 1020 Rae Dr Unit 2 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1020 Rae Dr Unit 2 is 1,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 Rae Dr Unit 2 is 1980.

Rocket Homes›Minnesota›Hennepin County›Richfield›55423›1020 Rae Dr Unit 2

This home is located at 1020 Rae Dr Unit 2 in Richfield, MN and zip code 55423. This 1,262 square foot home was built in 1980. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $314,000.

In March 2024 more than 16 listings in Richfield, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. In March 2024 in Richfield, MN there were 22.9% more homes for sale than in February 2024. While the average time on the market in March 2024 was 29 days, the median list price was $339,400.

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

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