17 days on rocket

7028 Oakland Ave, Richfield, MN, 55423

$285,000

Home List Price

$3,384*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,488 SqFt
$192/SqFt
House

Location

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7028 Oakland Ave, Richfield$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete
Attached Garage1 space
Year Built1940
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6619612
StatusActive

About 7028 Oakland Ave

Fantastic Rambler in one of Richfield's nicest neighborhoods! First thing you will notice upon entering the home is the abundance of natural light that shines through! Hardwood floors throughout the main level. Kitchen includes SS Appliances, granite countertops, and gorgeous subway tile backsplash! Dining Room, Family Room, two bedrooms and Full bath complete the main level. Lower level has two large bedrooms, bathroom, family room and laundry! Roof was replaced in 2020, Windows were done in 2021 and seller installed egress window to add 4th bedroom! As you move to the outside of the home, you will love the large fully fenced in yard. Enjoy winding down at the end of the day on the large, concrete patio that is tucked away for total privacy! Home does need some cosmetic TLC and is priced accordingly! Home is conveniently located near retail, restaurants, parks and easy access to multiple highways. Don't miss out on this gem in Richfield!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 1,488 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

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 Ave to 70th, East to Oakland, South to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $192/SqFt

Tax Information:

  • Annual Amount: $3,250
  • 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

$350K

Med. Price/SqFt

$209

Avg. Days On Market

29

# of Sold Homes

37

7028 Oakland Ave vs Richfield

17 DAYS ON ROCKET

-12 Days

$285,000

-$65K Less

$192/SqFt

-$18 Less

KEY TAKEAWAY

This property is $65K less than the Median Sold Price and $18/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: #6619612

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 11/5/2024, 8:22:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 28, 2019Home Sold
$245,000
Mar 07, 2019Home Sold
$165,000
Mar 07, 2019Home Sold
$104,658
May 03, 2006Home Sold
$184,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,250$231,000
2019$3,060$200,000
2018$2,906$177,000
2017$2,914$157,000

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-2022201
2
/10

  • Centennial Elementary

  • 7315 Bloomington Ave

  • 0.81 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2022202
3
/10

  • Richfield Middle School

  • 7461 Oliver Ave S

  • 1.95 miles

  • Public District Grades 6-8

High School

school-card-donut-2022203
4
/10

  • Richfield High School

  • 7001 Harriet Ave

  • 0.84 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 $54,596. The majority of Richfield, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7028 Oakland Ave

What is the listing price of this property?

The listing price of 7028 Oakland Ave property is $285,000.

What type of property is this?

The property 7028 Oakland Ave is a house located in Richfield, Minnesota, 55423.

Is this property for sale now?

Active Listing: 7028 Oakland Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7028 Oakland 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 $3,250 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 28, 2019 for $245,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7028 Oakland Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7028 Oakland Ave is 1,488 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7028 Oakland Ave is 1940.

Rocket Homes›Minnesota›Hennepin County›Richfield›55423›7028 Oakland Ave

This home is located at 7028 Oakland Ave in Richfield, MN and zip code 55423. This 1,488 square foot home was built in 1940. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $285,000.

Richfield, MN housing market in October 2024 saw over 17 listings sold above listed price, more than 7 sold at listed price and over 13 sold below. Between September 2024 and October 2024, Richfield, MN real estate market has seen decrease in the number of listings by 3.3%. The median list price of listings available in October 2024 was $350,000, while the average time on the real estate market was 29 days.

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

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