14 days on rocket

Sale Pending

7508 Park Ave, Richfield, MN, 55423

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
2 Full Baths
1,967 SqFt
$178/SqFt
House
Schools Nearby

Location

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7508 Park Ave, Richfield$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage1 space
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6527998
StatusSale Pending
(Active)

About 7508 Park Ave

Welcome to this charmingly updated, one and a half story in the heart of Richfield! Main level features beautiful hardwoods throughout and plenty of natural light! Gorgeous kitchen is the highlight of this level with white shaker cabinets, butcher block counter, stainless appliances and a nice pantry and breakfast bar. A breezeway perfect for dining space or mudroom, spacious living room, two bedrooms and an updated full bathroom complete this level. Upper level is a private primary bedroom with a large closet! Lower level family room is cozy with a beautiful fireplace wall and provides plenty of additional living space. Second, updated full bathroom and plenty of storage space down here! There would be room for a fourth bedroom in the future. Attached garage and large, fenced yard with a large patio and storage shed complete this move-in ready home! A definite must-see.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,967 SqFt

Listing Office:

  • Office Name: TheMLSonline.com, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Portland to 75th, East to Park, South to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $178/SqFt

Tax Information:

  • Annual Amount: $3,003
  • Tax Year: 2020
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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

$340K

Med. Price/SqFt

$204

Avg. Days On Market

19

# of Sold Homes

37

7508 Park Ave vs Richfield

14 DAYS ON ROCKET

-5 Days

$350,000

+$10K More

$178/SqFt

-$27 Less

KEY TAKEAWAY

This property is $10K more than the Median Sold Price and $27/SqFt less than other homes in Richfield, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6527998

Listing Office:

  • Office Name: TheMLSonline.com, Inc.

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Last updated on: 5/15/2024, 2:22:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,003$223,000
2019$3,160$206,920
2018$2,866$182,940
2017$2,812$167,680

History based on county public records data.

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$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-1447520
2
/10

  • Centennial Elementary

  • 7315 Bloomington Ave

  • 0.73 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1447521
3
/10

  • Richfield Middle School

  • 7461 Oliver Ave S

  • 1.95 miles

  • Public District Grades 6-8

High School

school-card-donut-1447522
4
/10

  • Richfield High School

  • 7001 Harriet Ave

  • 1.04 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 $59,423. Residents of Richfield, MN typically earn between $35k-100k 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 7508 Park Ave

What is the listing price of this property?

The listing price of 7508 Park Ave property is $350,000.

What type of property is this?

The property 7508 Park Ave is a house located in Richfield, Minnesota, 55423.

Is this property for sale now?

Sale Pending: 7508 Park Ave 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 7508 Park Ave are:
Centennial Elementary: GreatSchools Rating 2/10
Richfield Middle School: GreatSchools Rating 3/10
Richfield High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,003 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7508 Park Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7508 Park Ave is 1,967 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7508 Park Ave is 1950.

Rocket Homes›Minnesota›Hennepin County›Richfield›55423›7508 Park Ave

This home is located at 7508 Park Ave in Richfield, MN and zip code 55423 in the Mattson Heights neighborhood. This 1,967 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $350,000.

In April 2024 more than 23 listings in Richfield, MN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 6 were sold below. The number of listings in Richfield, MN increased by 24.5% between March 2024 and April 2024. Listings spent 19 days on the market in April 2024, and had a median list price of $340,000 during the same period.

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

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