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7500 Oakland Ave, Richfield, MN, 55423

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath
1,907 SqFt
$184/SqFt
House

Location

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7500 Oakland Ave, Richfield$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Electric, Garage Door Opener, No Int Access to Dwelling, Storage
Garage2 spaces
Year Built1956
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceAmusement Room, Brick, Living Room, Wood Burning
MLS #6638619
StatusActive

About 7500 Oakland Ave

One of the best values in Richfield, this location offers easy access to all the main transportations arteries (Portland Ave, 494, 35W, Cedar Ave) including MSP International Airport. Features 1192 sq ft on main floor with 3 bedrooms, 2 baths (1 up/1 down), 2 fireplaces (one up/one down), eat-in kitchen, hardwood floors, finished amusement room & large deck. Exterior is maintenance free, large garage is 36x24 including a 24x6 lean-to for a shop or additional storage. Immediate possession possible. Seller’s have never lived in the home.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Living Area: 1,907 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Amusement Room, Brick, 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, Concrete, Electric, Garage Door Opener, No Int Access to Dwelling, Storage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: E 76th St to Oakland Ave, N to home. East of Portland Ave, N of 494.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $3,913
  • 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

7500 Oakland Ave vs Richfield

1 DAY ON ROCKET

-43 Days

$350,000

-$0 Less

$184/SqFt

-$26 Less

KEY TAKEAWAY

This property is $0 less than the Median Sold Price and $26/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: #6638619

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/11/2024, 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$3,913$281,000
2019$4,095$269,050
2018$3,771$241,800
2017$3,455$206,920

History based on county public records data.

Payment Calculator

$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.

Nearby Schools

school-card-donut-2041616
5
/10

  • Richfield Dual Language School

  • 7001 Elliot Ave S

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-2041617
3
/10

  • Richfield STEM School

  • 7020 12th Ave S

  • 0.72 miles

  • Public Magnet Grades PK-5

school-card-donut-2041618
2
/10

  • Centennial Elementary

  • 7315 Bloomington Ave

  • 0.78 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 $96,591. Typical income of Richfield, MN residents is between $35k-100k annually. Most families are 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 7500 Oakland Ave

What is the listing price of this property?

The listing price of 7500 Oakland Ave property is $350,000.

What type of property is this?

The property 7500 Oakland Ave is a house located in Richfield, Minnesota, 55423.

Is this property for sale now?

Active Listing: 7500 Oakland 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 $3,913 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7500 Oakland Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7500 Oakland Ave is 1,907 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7500 Oakland Ave is 1956.

Rocket Homes›Minnesota›Hennepin County›Richfield›55423›7500 Oakland Ave

This home is located at 7500 Oakland Ave in Richfield, MN and zip code 55423 in the Mattson Heights neighborhood. This 1,907 square foot home was built in 1956. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $350,000.

While more than 10 listings in Richfield, MN in November 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 9 were sold below. Between October 2024 and November 2024, Richfield, MN real estate market has seen decrease in the number of listings by 14.7%. While the average time on the market in November 2024 was 44 days, the median list price was $350,000.

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

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