2 months on rocket

7232 Chicago Ave, Richfield, MN, 55423

$324,900

Home List Price

$3,858*

Closing Credit

3 Bedrooms
1 Full Bath
1,786 SqFt
$182/SqFt
House

Location

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7232 Chicago Ave, Richfield$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Garage Door Opener
Garage2 spaces
Year Built1953
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceAmusement Room, Brick, Full Masonry, Living Room, Wood Burning
MLS #6616961
StatusActive

About 7232 Chicago Ave

You will appreciate this desirable location and neighborhood. This home offers three bedrooms on the main, plus a den and an office on the lower level. Living room and family both have wood burning fireplaces. Hardwood floors on the main. The eat-in kitchen is adjacent to a wonderful porch overlooking a spacious fenced yard. The lower level offers plenty of space for extra enjoyment and livability. New mechanicals offer continuous comfort in all seasons. The exterior is stucco and brick for easy maintenance. The two-car garage and generous paved driveway are a big bonus.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Living Area: 1,786 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Amusement Room, Brick, Full Masonry, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Portland to 72nd east to Chicago south to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $3,160
  • 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

$210

Avg. Days On Market

44

# of Sold Homes

29

7232 Chicago Ave vs Richfield

64 DAYS ON ROCKET

+20 Days

$324,900

-$25.1K Less

$182/SqFt

-$28 Less

KEY TAKEAWAY

This property is $25.1K less than the Median Sold Price and $28/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: #6616961

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/17/2024, 11:52:49 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$3,160$231,000
2019$3,308$214,550
2018$3,031$191,660
2017$2,930$173,130

History based on county public records data.

Payment Calculator

$1,689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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.

Nearby Schools

school-card-donut-4287305
5
/10

  • Richfield Dual Language School

  • 7001 Elliot Ave S

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-4287306
3
/10

  • Richfield STEM School

  • 7020 12th Ave S

  • 0.37 miles

  • Public Magnet Grades PK-5

school-card-donut-4287307
2
/10

  • Centennial Elementary

  • 7315 Bloomington Ave

  • 0.57 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,596. Most Richfield, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7232 Chicago Ave

What is the listing price of this property?

The listing price of 7232 Chicago Ave property is $324,900.

What type of property is this?

The property 7232 Chicago Ave is a house located in Richfield, Minnesota, 55423.

Is this property for sale now?

Active Listing: 7232 Chicago Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,160 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7232 Chicago Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7232 Chicago Ave is 1,786 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7232 Chicago Ave is 1953.

Rocket Homes›Minnesota›Hennepin County›Richfield›55423›7232 Chicago Ave

This home is located at 7232 Chicago Ave in Richfield, MN and zip code 55423. This 1,786 square foot home was built in 1953. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $324,900.

Over 10 listings were sold over their listed price in November 2024 in Richfield, MN. In the same period over 9 listings were sold below the listed price and 10 listings were sold for the listed price. In November 2024 in Richfield, MN there were 14.7% less homes for sale than in October 2024. In November 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $350,000.

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

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