Lori Gustafson

7245 1st Avenue S

Richfield, MN
$ 372,000 Beds 3 Baths 2 Sq 1,541
Monthly Estimate* How much can I afford?

Amazing remodeled home featuring a completely remodeled kitchen with new cabinets, quartz countertops and stainless steel appliances. Bath bathrooms were completely gutted and remodeled. New flooring throughout. New water heater and windows. Lots of space on main level areas that could be used a large formal dining or two living rooms. Walkout to large 18x17 deck on back. Newer furnace. Basement features a living room, bedroom and an office area.

Single Family

  • Price
  • $ 372,000
  • City
  • Richfield
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Scheubles 1st Add
  • Lot Size
  • 0.14 Acres
  • Zip
  • 55423
  • Sqr Footage
  • 1,541
  • Year Built
  • 1939
  • Taxes
  • $ 2833
  • Style
  • Single Family
  • MLS#
  • 7122884
Listed By: Resource Realty Group, Inc
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1541
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Microwave,Range,Refrigerator
Garage Spaces 2
Year Built 1939
Electric Circuit Breakers,100 Amp Service
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Scheubles 1st Add
Full Baths 1
Directions From 494 exit on Portland and go North to 1st ave south,West on 73rd st east to 1st ave s. Home on corner.
City Richfield
High School District Richfield
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2833
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Richfield

Interior Features

Basement Egress Window(s),Finished,Full
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 985
3/4 Baths 1
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 556
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 21x23
Garage Square Feet 483

Exterior Features

Fencing Chain Link,Full
Parking Features Detached Garage,Concrete
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.14
Building Area Total 1701
Lot Dimensions 49x127
Waterfront Y/N No
Foundation Area 716
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/6/2026 Listed $382,000
9/15/2026 3% - $372,000

Property vs Zip Code Average in 55423

Price
AVG $300K
$370K
Taxes
AVG $10,472
$2,833
Year Built
AVG 1968
1939
Visits
AVG 89
51
Data Provided by Inside Real Estate®

Areas That We Cover

7245 1st Avenue S Richfield, MN is a Single Family Home for sale at $372000 with 1541 sqft and a lot size of 0.14 Acres Acre(s). 7245 1st Avenue S Richfield has 3 bedrooms, 2 baths and was built in 1939. The property's zip code is 55423 which is in Richfield, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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