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7514 Nicollet Ave, Richfield, MN, 55423

$400,000

Home List Price

$4,750*

Closing Credit

6 Bedrooms
2 Full Baths
2,676 SqFt
$149/SqFt
House

Location

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7514 Nicollet Ave, Richfield$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
Attached Garage2 spaces
Year Built1946
HeatingBaseboard, Forced Air, Wood Stove
CoolingCentral Air, Wall Unit(s)
BasementYes
FireplaceAmusement Room, Family Room, Gas, Living Room, Wood Burning, Wood Burning Stove
MLS #6617998
StatusActive

About 7514 Nicollet Ave

Location combined with size. This Richfield 2-story features a spacious primary bedroom as well as a potential in-law space in the lower level. You will also enjoy the large backyard and 2-car attached garage. The home has easy access to both 494, 35w, and is just blocks from many dining options. Wood Lake Nature Center is just minutes away too.

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Living Area: 2,676 SqFt

Listing Office:

  • Office Name: BRIX Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener
  • Basement: Yes
  • Fireplace: Amusement Room, Family Room, Gas, Living Room, Wood Burning, Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener, Tuckunder Garage

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Wood Stove
  • Cooling: Central Air, Wall Unit(s)

Other

Directions Information:

  • Directions: 494 to Nicollet Avenue, North to Home

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $149/SqFt

Tax Information:

  • Annual Amount: $3,606
  • 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

7514 Nicollet Ave vs Richfield

33 DAYS ON ROCKET

+4 Days

$400,000

+$50K More

$149/SqFt

-$61 Less

KEY TAKEAWAY

This property is $50K more than the Median Sold Price and $61/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: #6617998

Listing Office:

  • Office Name: BRIX Real Estate

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Last updated on: 11/17/2024, 9:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 19, 2014Home Sold
$198,500
Feb 24, 1999Home Sold
$127,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,606$249,000
2019$3,712$245,000
2018$3,844$248,000
2017$3,642$220,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-598334
7
/10

  • Seven Hills Preparatory Academy Lower Elementary School

  • 1401 W 76th St

  • 0.94 miles

  • Public Charter Grades KG-5

school-card-donut-598335
5
/10

  • Richfield Dual Language School

  • 7001 Elliot Ave S

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-598336
3
/10

  • Richfield STEM School

  • 7020 12th Ave S

  • 1.16 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,548. Most Richfield, MN residents have annual incomes between $35k-100k. 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 7514 Nicollet Ave

What is the listing price of this property?

The listing price of 7514 Nicollet Ave property is $400,000.

What type of property is this?

The property 7514 Nicollet Ave is a house located in Richfield, Minnesota, 55423.

Is this property for sale now?

Active Listing: 7514 Nicollet 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 $3,606 (source: MLS/based on county public records data).

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

The last sale was on February 19, 2014 for $198,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7514 Nicollet Ave has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7514 Nicollet Ave is 2,676 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7514 Nicollet Ave is 1946.

Rocket Homes›Minnesota›Hennepin County›Richfield›55423›7514 Nicollet Ave

This home is located at 7514 Nicollet Ave in Richfield, MN and zip code 55423. This 2,676 square foot home was built in 1946. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $400,000.

While more than 17 listings in Richfield, MN in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 13 were sold below. The inventory of homes for sale in Richfield, MN between September 2024 and October 2024 decreased by 3.3%. Listings spent 29 days on the market in October 2024, and had a median list price of $350,000 during the same period.

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

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