$322,500

Original list price: $320,000

Sold

7225 Gr••••• Ave S (Sign up for 50 free credits to unlock)Richfield, MN 55423

3Beds
2Baths
1,550Sq Ft Living
5,663Sq Ft Lot
1949Year Built

Property Description

Welcome to 7225 Grand Ave S in the heart of Richfield! Tucked in an established Richfield neighborhood, on a low traffic street- this move-in-ready home offers character, updates, and convenience. Inside, you'll find a bright and inviting layout featuring hardwood floors, an updated kitchen with quartz countertops, stainless-steel appliances, and comfortable living spaces designed for everyday living and entertaining. The finished lower level expands your living area with an additional family room, bathroom, and wet bar, providing flexible space for guests, hobbies, or a home office. Situated in a desirable location, you'll enjoy neighborhood charm and convenience. Richfield Lake Park, Wood Lake Nature Center, local restaurants, coffee shops, shopping, and the popular Richfield Farmers Market are all nearby. Southdale Center, Mall of America, MSP Airport, and Downtown Minneapolis are just minutes away, while quick access to I-35W, I-494, Hwy 62 , Hwy 77, and Hwy 100 makes any commute a breeze. Whether you're a first-time buyer, move-up buyer, downsizing, or simply looking for a central location, this property offers the lifestyle, convenience, and value. Enjoy an established neighborhood setting with easy access to parks, trails, dining, shopping, and entertainment. Quick possession available. Eligible first-time homebuyers may qualify for up to $20,000 in down payment and closing cost assistance through the City of Richfield's Down Payment Assistance Program.

Property Facts & Features

Property Type
Single Family
Status
Sold
Listed
Jun 16, 2026
Sold
Sep 20, 2026
List Price
$320,000
Price per Sq Ft
$208/sqft
ZIP Code
55423
Full Baths
1
Garage
1 space
Parking
Detached Garage
Heating
Forced Air
Cooling
Central
Property Tax (2026)
$4,441/yr
Assessed Value
$299,100
Neighborhood
Southwest Richfield
County
Hennepin
School District
Richfield Public School District

Features & Amenities

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Land Info

  • Additional Parcels: No
  • Lot Description: Sod Included in Price, Tree Coverage - Light
  • Lot Size Acres: 0.1300046
  • Lot Size Dimensions: 121x48
  • Lot Size Square Feet: 5663

Utilities

  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected

Appliances

  • Dryer
  • Range
  • Refrigerator
  • Stainless Steel Appliances

Other Rooms

  • Bathrooms: 3/4 Basement, Main Floor Full Bath
  • Laundry: In Basement, Gas Dryer Hookup, Washer Hookup
  • Basement Description: Egress Windows, Finished (Livable)

Interior Features

  • Main Floor Primary
  • Main Floor Bedroom

Garage and Parking

  • Garage Spaces: 1
  • Parking Features: Detached Garage

Kitchen and Dining

  • Dining Room Features: Kitchen/Dining Room, Living/Dining Room

School Information

  • High School District: Richfield

Heating and Cooling

  • Cooling Features: Central
  • Heating Features: Forced Air
  • Heating Fuel: Electric, Natural Gas
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 4442
  • Source Listing Status: Closed
  • County: Hennepin
  • Directions: Lyndale Avenue to 72nd Street East to Grand- South on Grand to home.
  • Tax Year: 2026
  • Source Neighborhood: Irwindale
  • Parcel Number: 3402824230036
  • Postal City: Richfield
  • Postal Code Plus 4: 3143
  • Public Survey Range: 24
  • Public Survey Section: 34
  • Public Survey Township: 28
  • Subdivision: Irwindale
  • Township: Richfield
  • Zoning Description: Residential-Single Family
  • Property Subtype: (SF) Single Family

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Building and Construction

  • Total Square Feet Living: 1550
  • Year Built: 1949
  • Foundation Area: 840
  • Property Age: 77
  • Property Attached: No
  • Roof: Age Over 8 Years, Asphalt Shingles, Pitched
  • Total Area Main: 840

Exterior and Lot Features

  • Road Frontage Type: City Street, Curbs, Paved Streets

Amenities and Community Features

  • Ceiling Fan(s)
  • Hardwood Floors
  • Kitchen Window
  • Main Floor Primary Bedroom
  • Washer/Dryer Hookup
  • Wet Bar

Price & Event History

DateEventPrice$/Sq Ft
Sep 20, 2026Sold$322,500$208
Aug 15, 2026Relisted$320,000$206
Aug 10, 2026Listing removed$320,000$206
Aug 4, 2026Price Changed$320,000$206
Jul 26, 2026Relisted$329,900$213
Jul 24, 2026Listing removed$329,900$213
Jul 16, 2026Price Changed$329,900$213
Jun 24, 2026Relisted$339,000$237
Jun 23, 2026Listing removed--
Jun 16, 2026Listed$339,000$237
Jul 17, 2024Listing removed--
Jun 12, 2024Price Changed for rent$2,500$2
May 28, 2024Listed for rent$2,550$2
May 27, 2024Listing removed--
May 6, 2024Listed for rent$2,550$2
May 5, 2024Listing removed--
Apr 14, 2024Price Changed for rent$2,550$2
Mar 31, 2024Price Changed for rent$2,599$2
Mar 24, 2024Listed for rent$2,600$2
Jul 21, 2023Listing removed--
Jul 15, 2023Listed for rent$2,500$2
Jul 13, 2023Listing removed--
Jul 7, 2023Price Changed for rent$2,500$2
Jun 22, 2023Listed for rent$2,600$2
Feb 26, 2023Sold$315,000$203
Dec 28, 2022Listing removed--
Dec 27, 2022Listing removed--
Nov 16, 2022Listed for rent$2,030$1
Nov 15, 2022Listing removed--
Nov 14, 2022Listing removed--
Oct 19, 2022Price Changed for rent$2,030$1
Oct 18, 2022Price Changed for rent$2,030$1
Oct 13, 2022Price Changed for rent$2,150$1
Oct 11, 2022Price Changed for rent$2,150$1
Oct 8, 2022Listed for rent$2,149$1
Oct 6, 2022Listed for rent$2,149$1
Jul 28, 2022Listing removed--
Jun 30, 2022Listed for rent$2,210$1
Jun 3, 2022Listing removed--
May 26, 2022Listed for rent$2,210$1

Property Tax History

YearTaxAssessedLandBuildingMarket
2026$4,441$299,100$114,300$184,800$299,100
2025$4,441$305,900$126,000$179,900$305,900
2024$4,328$312,500$130,500$182,000$312,500
2023$3,925$297,000$126,000$171,000$297,000
2022$3,366$234,170--$249,000
2021$3,331$228,720--$244,000
2020$3,259$213,460--$230,000
2019$3,252$208,010--$225,000
2018$3,044$181,850--$201,000
2017$2,600$169,860--$190,000
2016$2,624$160,050--$181,000
2015$2,468$152,420--$174,000

Nearby Schools

  • 5/10
    Richfield Senior High School

    Public · High · Grades 9-12

    0.3 mi
  • 4/10
    Richfield Middle School

    Public · Middle · Grades 6-8

    1.1 mi
  • 7/10
    Sheridan Hills Elementary School

    Public · Elementary · Grades K-5

    1.7 mi
  • NR
    Blessed Trinity-Nicollet Campus

    Private · Elementary, Middle · Grades K-8

    0.7 mi

Location

Lat 44.87174 · Lng -93.28427