7232 3rd Ave S
Richfield, MN 55423
- 3 Beds
- 2 Baths
- 1,593 sqft
3 Beds
2 Baths
1,593 sqft
Home Value
Trulia Estimate
$335KSince last month
Decreased$5K (-1.4%)Since last year
Increased$6K (+1.9%)Since last sale
Increased$100K (+42.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +53% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $336K |
| July 2026 | $340K |
| June 2026 | $341K |
| May 2026 | $342K |
| April 2026 | $343K |
| March 2026 | $340K |
| February 2026 | $333K |
| January 2026 | $331K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $215,000 | 06/15/26 | 3 | 2 | 1,541 | |
0.06 | Single-Family Home | $290,000 | 04/10/26 | 3 | 1.5 | 1,080 | |
0.13 | Single-Family Home | $310,000 | 11/03/25 | 3 | 2 | 1,322 | |
0.09 | Single-Family Home | $350,000 | 01/23/26 | 3 | 2 | 1,998 | |
0.06 | Single-Family Home | $355,000 | 11/26/25 | 3 | 2 | 1,826 | |
0.19 | Single-Family Home | $315,000 | 09/17/25 | 3 | 2 | 1,800 | |
0.06 | Single-Family Home | $365,000 | 03/20/26 | 3 | 2 | 2,360 | |
0.21 | Single-Family Home | $339,000 | 10/01/25 | 3 | 2 | 1,680 | |
0.09 | Single-Family Home | $350,000 | 01/23/26 | 3 | 2 | 1,040 | |
0.05 | Single-Family Home | $280,000 | 04/24/26 | 3 | 1 | 1,620 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $317,500 | 4 | 1 | 1,562 | Recently Sold | |
0.05 | $280,000 | 3 | 1 | 1,620 | Recently Sold | |
0.07 | $369,000 | 3 | 1.5 | 2,064 | For Sale | |
0.06 | $313,800 | 4 | 1.5 | 1,227 | Off Market | |
0.06 | $318,300 | 2 | 2 | 1,591 | Off Market | |
0.09 | $350,000 | 3 | 2 | 1,998 | Recently Sold | |
0.03 | $362,800 | 3 | 2 | 1,678 | Off Market | |
0.06 | $323,000 | 3 | 2 | 1,306 | Off Market | |
0.10 | $461,500 | 3 | 2 | 1,692 | Off Market | |
0.07 | $360,400 | 3 | 2 | 1,821 | Off Market | |
0.11 | $370,500 | 3 | 2 | 2,017 | Off Market | |
0.10 | $342,000 | 3 | 2 | 1,527 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1956
Living Area
1,593 sqft
Price/Sqft
$210
Parking
Garage
About this House
Move in ready rambler on quiet street. Partially finished basement with large family room w/bar, large hobby room, and a workshop. Maintenance free siding and deck. Newly finished hardwood throughout main level. New carpet, can lights, and new ceiling in the basement. Great starter home!
7232 3rd Ave S, Richfield, MN 55423 is a 3 bedroom, 2 bathroom, 1,593 sqft single-family home built in 1956. It last sold for $236,000 on May 3, 2019. It is currently off market. The Trulia Estimate is $335,200, with a rent estimate of $2,423/month.
Home Details for 7232 3rd Ave S
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Interior Details BasementNumber of Rooms: 5 |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DryerRefrigeratorWasher |
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Exterior Home Features Roof: AsphaltDeckExterior: Metal |
Parking & Garage GarageParking Space: 1Parking: Garage Detached |
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Year Built Year Built: 1956Year Updated: 1960 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 6534 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 3, 2019 Source: NorthstarMLS as distributed by MLS GRID #5198647 | Sold | $236,000 |
Apr 1, 2019 Source: Agent Provided | Pending | $235,000 |
Mar 26, 2019 Source: Agent Provided | Listed For Sale | $235,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,712 | $277,300 |
Home facts updated by county records
Market trends in Richfield
Last updated July 2026
Avg. sale price
$365K
$6.35KMoM
Sale-to-List Price
100.6%
Price per sq ft
$194
$3MoM
Available listings
120
3MoM
Around this home
What Locals Say about Richfield
At least 167 Trulia users voted on each feature.
93 % Say it's dog friendly
89 % Say parking is easy
86 % Say yards are well-kept
74 % Say kids play outside
73 % Say people would walk alone at night
72 % Say streets are well-lit
69 % Say car is needed
67 % Say it's walkable to restaurants
67 % Say there's holiday spirit
66 % Say it's walkable to grocery stores
63 % Say they plan to stay for at least 5 years
63 % Say it's quiet
57 % Say there's wildlife
57 % Say neighbors are friendly
54 % Say there are sidewalks
45 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 7232 3rd Ave S
- What is 7232 3rd Ave S estimated to be worth?Trulia's estimated value for 7232 3rd Ave S in Richfield, MN is $335,200.
- What is the price history for 7232 3rd Ave S?7232 3rd Ave S in Richfield, MN last sold for $236,000 in May 2019.
- Is Richfield a buyer's or seller's market?Richfield is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Richfield?The median sale price in Richfield is $365K. That is up $6.35K from the prior month.
- Does 7232 3rd Ave S have air conditioning?Yes, 7232 3rd Ave S in Richfield, MN has air conditioning.
- Does 7232 3rd Ave S have laundry facilities?Yes, 7232 3rd Ave S in Richfield, MN has in-unit laundry.