Sophisticated Remodel! Fresh Paint and New Carpet Abound! 2nd Story added 2004. Archway Entry with Built in Bench! Gleaming Hardwood Floors! Stainless Steel Appliances, Silestone Countertops. 3 Bedrooms up plus Main Floor Bedroom/Office! 5th Bedroom/Office/Exercise room in Lower-Level features New Egress Window! Previous owners remodeled up and down in 2009. Current owner remodeled upstairs Bath into 2 Baths to create an Owners en Suite; complete with Walk-in Closet, Full-Size Laundry, Soaking Tub, Gas Fire Place and Large Sitting Area! Plus, all New 2nd upstairs bath! Special Touches also include a Ring Doorbell and Nest Thermostat! Outside features a Stamped Concrete Patio, Storage Shed and Wooden Swing Set! Lower Level features a generous sized Family Room, ¾ Bath and 5th Bedroom! Close to Wood Lake Nature Center, Easy Access to 494 at Lyndale, Crosstown Hwy 62 and Interstate 35W Hurry on This one!
Closed
$505,000
7340 Colfax Ave S, Richfield, MN 55423
5beds
2,938sqft
Single Family Residence
Built in 1955
6,534 Square Feet Lot
$531,900 Zestimate®
$172/sqft
$3,211 Estimated rent
Home value
$531,900
$505,000 - $564,000
$3,211/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 03:06pm
Listed by:
Gunnar L Oas 612-720-7010,
Coldwell Banker Realty
Bought with:
Terri Wykle
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6326800
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom 1
- Level: Upper
- Area: 253 Square Feet
- Dimensions: 23x11
Bedroom 2
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 4
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 5
- Level: Lower
- Area: 90 Square Feet
- Dimensions: 10x9
Dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Family room
- Level: Lower
- Area: 338 Square Feet
- Dimensions: 26x13
Foyer
- Level: Main
- Area: 54 Square Feet
- Dimensions: 9x6
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Living room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Patio
- Level: Main
- Area: 304 Square Feet
- Dimensions: 19x16
Porch
- Level: Main
- Area: 156 Square Feet
- Dimensions: 26x6
Sitting room
- Level: Upper
- Area: 81 Square Feet
- Dimensions: 9x9
Walk in closet
- Level: Upper
- Area: 80 Square Feet
- Dimensions: 10x8
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Features
- Basement: Block,Egress Window(s),Finished,Full
- Number of fireplaces: 1
- Fireplace features: Gas, Primary Bedroom
Interior area
- Total structure area: 2,938
- Total interior livable area: 2,938 sqft
- Finished area above ground: 2,249
- Finished area below ground: 689
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage Door Opener, Insulated Garage
- Attached garage spaces: 1
- Uncovered spaces: 2
- Details: Garage Dimensions (23x11), Garage Door Height (7), Garage Door Width (9)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio, Porch
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 130
- Features: Near Public Transit, Wooded
Details
- Additional structures: Storage Shed
- Foundation area: 982
- Parcel number: 3302824140064
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Roof: Age Over 8 Years
Condition
- Age of Property: 70
- New construction: No
- Year built: 1955
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Richfield
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2024 | Listing removed | $499,900-1%$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6326800 | ||
| 3/3/2023 | Sold | $505,000+1%$172/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6326800 | ||
| 2/14/2023 | Pending sale | $499,900$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6326800 | ||
| 2/3/2023 | Listed for sale | $499,900+53.9%$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6326800 | ||
| 9/22/2014 | Sold | $324,900$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4519815 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,106 +6.6% | $490,700 -0.1% |
| 2024 | $6,668 +9% | $491,400 +2.1% |
| 2023 | $6,119 +13.2% | $481,400 +4% |
Find assessor info on the county website
Neighborhood: 55423
Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 0.6 mi
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$531,900
2% more+ $10,638
With Zillow Showcase(estimated)
$542,538