Centennial Elementary
- Enrollment
- 303
- Students per teacher
- 8.9
7315 Bloomington Ave S, Richfield, MN 55423
(612) 798-6800
1 / 21
7245 1st Avenue S, Richfield, MN 55423 - MLS# 7122884
$352,000
$382,000↓ 7.9%
Bedrooms
3
Bathrooms
2
Square Feet
1,541
Acres
0.14
Year Built
1939
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
2
Days on Market
97
School District
280 - Richfield
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.
Interior Information
BasementEgress Window(s), Finished, Full
AppliancesDishwasher, Microwave, Range, Refrigerator
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
LaundryIn Basement
Dining RoomInformal Dining Room, Kitchen/Dining Room
ElectricCircuit Breakers, 100 Amp Service
Size & Levels
LevelsOne and One Half
Total Finished Sq Ft1,541 sq ft
Above Grade Finished985 sq ft
Below Grade Finished556 sq ft
Main Level Finished716 sq ft
Total Area (incl. unfinished)1,701 sq ft
Bathrooms
Full Baths1
3/4 Baths1
Bathroom Details3/4 Basement, Main Floor Full Bath
Rooms
Main Level Rooms
Living Room11'5" x 15'
Family Room11'5" x 12'
Kitchen10'5" x 12'
Bedroom8'5" x 11'5"
Upper Level Rooms
Bedroom 214'5" x 8'
Basement Level Rooms
Family Room11'5" x 10'5"
Office6'5" x 10'5"
Bedroom 310'5" x 10'5"
Exterior & Parking
ExteriorShakes
RoofAsphalt
FoundationBlock
Patio / PorchDeck
Garage Stalls2
Garage Size21x23 (483 sq ft)
ParkingDetached Garage, Concrete
Lot & Utilities
Property SubtypeSingle Family
Lot Size0.14 acres
Lot Dimensions49x127
Lot DescriptionCorner Lot
ZoningResidential-Single Family
SubdivisionScheubles 1st Add
TownshipRichfield
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
FencingChain Link, Full
Financial & Tax Information
Annual Taxes$2,833
Tax Year2026
Tax w/ Assessments$3,344
Assessment PendingNo
Parcel Number3402824130055
Financing OptionsConventional, VA, FHA, Cash
Assumable MortgageNot Assumable
List TypeExclusive Right To Sell
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1950-1959, about 94% of occupied homes are owner-occupied, and the average commute is 25 minutes.
Cost of Ownership
Median home value
$357,500
Similar to the Richfield median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,736/yr
Similar to the Richfield median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,981/mo
Similar to the Richfield median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$726/mo
Similar to the Richfield median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,917/mo
Higher than the Richfield median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
94%
Higher than Richfield overall
The share of occupied homes lived in by their owners.
Median year built
1954
Similar to the Richfield median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1970-19793%
- 1960-196918%
- 1950-195942%
- 1940-194926%
- 1939 or earlier8%
Types of homes
The share of housing units in each building type.
- Single-family detached95%
Getting Around
Average commute
25 min
Higher than the Richfield median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone65%
- Carpool11%
- Work from home19%
Homes with broadband
98%
Higher than Richfield overall
The share of households with a broadband internet subscription.
Schools
Richfield Public School District
This home is in the Centennial Elementary, Richfield Middle and Richfield Senior High attendance areas of Richfield Public School District.
Elementary
Middle
Richfield Middle
- Enrollment
- 808
- Students per teacher
- 11.9
7461 Oliver Ave S, Richfield, MN 55423
(612) 798-6400High
Richfield Senior High
- Enrollment
- 1,183
- Students per teacher
- 14.1
7001 Harriet Ave S, Richfield, MN 55423
(612) 798-6100Questions and Answers
How much is 7245 1st Avenue S?
7245 1st Avenue S in Richfield, MN, is listed at $352,000 as of Nov 11, 2026 ($228 per finished square foot, down from an original list price of $382,000 and 97 days on market).
What school district is 7245 1st Avenue S in?
Richfield Public School District. It is in the attendance areas for Centennial Elementary (grades PK-5, 1.2 mi), Richfield Middle (grades 6-8, 1.4 mi) and Richfield Senior High (grades 9-12, 0.5 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.
What are the property taxes for 7245 1st Avenue S?
Property taxes are $2,833 for 2026, or $3,344 including special assessments. No special assessments are pending.
Does 7245 1st Avenue S have an HOA fee?
No. The listing shows no homeowners association fee.
What is the commute like from 7245 1st Avenue S?
The average one-way commute for the surrounding area is 25 minutes, compared with 24 minutes for the Twin Cities metro. About 65% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
What does it cost to own a home near 7245 1st Avenue S?
In the surrounding census tract, the median home value is $357,500 and the median property tax bill is $3,736 a year; typical owner costs with a mortgage are $1,981 a month. These are area estimates, not figures for this home.
How do I schedule a showing of 7245 1st Avenue S?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
