**Multiple offers have been received - sellers are calling for highest and best by 10 AM Monday 11/17/25** Welcome to this charming home in one of Richfield’s most trendy, family-friendly & convenient neighborhoods. This estate-sale property offers a fantastic opportunity for the savvy buyer looking for a
value-driven investment or a home to personalize...2 comfortable bedrooms on the main level with a full
bath, plus two additional non-conforming bedrooms in the lower level. A large finished family room in the lower level provides ample space for recreation, media or play. The lower level is primed for even more value: there’s real potential to add a second bathroom in the
basement, enhancing usability and resale value. The home has been in the same possession for over 30 years, there have been some updates in that span such as NEW roof, newer water heater, windows 2011, kitchen addition —You will be acquiring a property
with good square footage and good bones, but cosmetic updates are needed to bring it fully to life.
The location hits the sweet spot: convenient to shopping, schools, transit, recreation — in short: a
neighborhood where families feel at home. Book your showing for this Saturday November 15th.
Closed
$310,000
7320 Thomas Ave S, Richfield, MN 55423
2beds
2,079sqft
Residential
Built in 1949
10,018.8 Square Feet Lot
$303,700 Zestimate®
$149/sqft
$1,869 Estimated rent
Home value
$303,700
$289,000 - $319,000
$1,869/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 02:20pm
Listed by:
Elise A. Tagg 651-439-4000,
Keller Williams Premier Realty
Bought with:
Elise A. Tagg
Keller Williams Premier Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6802913
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 18x10
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 3
- Level: Lower
- Area: 165.36 Square Feet
- Dimensions: 15.6x10.6
Bathroom
- Level: Main
- Area: 43 Square Feet
- Dimensions: 8.6x5
Dining room
- Level: Main
- Dimensions: 10x.8.6
Family room
- Level: Lower
- Area: 1.68 Square Feet
- Dimensions: 14x.12
Flex room
- Level: Lower
- Area: 72 Square Feet
- Dimensions: 9x8
Flex room
- Level: Lower
- Area: 88 Square Feet
- Dimensions: 11x8
Informal dining room
- Level: Main
- Area: 140.16 Square Feet
- Dimensions: 14.6x9.6
Kitchen
- Level: Main
- Area: 91.16 Square Feet
- Dimensions: 10.6x8.6
Laundry
- Level: Lower
- Area: 121 Square Feet
- Dimensions: 11x11
Living room
- Level: Main
- Area: 169.6 Square Feet
- Dimensions: 16x10.6
Recreation room
- Level: Lower
- Area: 246.4 Square Feet
- Dimensions: 17.6x14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Basement: Block,Daylight,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 2,079
- Total interior livable area: 2,079 sqft
- Finished area above ground: 1,100
- Finished area below ground: 979
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: Full,Wood
Lot
- Size: 10,018 sqft
- Dimensions: 75 x 135
Details
- Additional structures: Storage Shed
- Foundation area: 1100
- Parcel number: 3202824130041
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Block
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Richfield
- Subdivision: Penn Lake Terrace 1st Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $310,000+6.9%$149/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6802913 | ||
| 11/17/2025 | Pending sale | $289,900$139/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6802913 | ||
| 11/15/2025 | Listed for sale | $289,900+383.2%$139/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6802913 | ||
| 4/1/1979 | Sold | $60,000$29/sqft |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,459 -2.9% | $313,200 -2.2% |
| 2024 | $4,591 +14.4% | $320,200 -4.5% |
| 2023 | $4,013 +9.4% | $335,300 +8.2% |
Find assessor info on the county website
Neighborhood: 55423
Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.5 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$303,700
2% more+ $6,074
With Zillow Showcase(estimated)
$309,774