$312,700
- 3 Beds
- 1 Bath
- 1,064 sqft
7438 Thomas Ave S, Richfield, MN 55423
Currently Off Market - Sold Mar 1, 1977 for $37,500
Home Value
Trulia Estimate
$313KSince last month
Decreased$10K (-3%)Since last year
Decreased$1K (-0.4%)Since last sale
Increased$276K (+736.8%)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 +51% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $314K |
| July 2026 | $324K |
| June 2026 | $329K |
| May 2026 | $327K |
| April 2026 | $328K |
| March 2026 | $324K |
| February 2026 | $315K |
| January 2026 | $305K |
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 |
|---|---|---|---|---|---|---|---|
0.29 | Single-Family Home | $200,000 | 08/06/26 | 3 | 1 | 1,052 | |
0.09 | Single-Family Home | $287,851 | 08/04/26 | 2 | 1 | 816 | |
0.19 | Single-Family Home | $385,000 | 07/20/26 | 3 | 1 | 1,326 | |
0.19 | Single-Family Home | $305,000 | 07/17/26 | 3 | 1 | 1,629 | |
0.34 | Single-Family Home | $395,000 | 05/04/26 | 3 | 1 | 1,267 | |
0.17 | Single-Family Home | $285,000 | 01/02/26 | 3 | 2 | 884 | |
0.30 | Single-Family Home | $225,000 | 06/17/26 | 3 | 1 | 1,376 | |
0.18 | Single-Family Home | $334,900 | 06/12/26 | 3 | 1 | 1,448 | |
0.06 | Single-Family Home | $380,000 | 11/14/25 | 3 | 2 | 1,756 | |
0.08 | Single-Family Home | $645,000 | 05/22/26 | 3 | 1 | 3,024 |
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 |
|---|---|---|---|---|---|---|
0.05 | $436,500 | 4 | 2 | 1,832 | Off Market | |
0.08 | $645,000 | 3 | 1 | 3,024 | Recently Sold | |
0.06 | $380,000 | 3 | 2 | 1,756 | Recently Sold | |
0.08 | $286,300 | 3 | 1 | 960 | Off Market | |
0.10 | $437,800 | 3 | 2 | 1,652 | Off Market | |
0.08 | $394,000 | 3 | 2 | 1,991 | For Sale | |
0.12 | $420,000 | 4 | 2 | 1,850 | Recently Sold | |
0.13 | $410,000 | 4 | 2 | 2,070 | Recently Sold | |
0.13 | $327,200 | 3 | 1 | 2,292 | Off Market | |
0.11 | $396,300 | 4 | 1 | 1,846 | Off Market | |
0.15 | $365,400 | 3 | 2 | 1,709 | Off Market | |
0.13 | $510,000 | 4 | 3 | 2,710 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1951
Living Area
1,064 sqft
Price/Sqft
$294
Parking
Garage
About this House
This single-family home is located at 7438 Thomas Ave S, Richfield, MN. 7438 Thomas Ave S is in Richfield, MN and in ZIP code 55423. This property has 3 bedrooms, 1 bathroom and approximately 1,064 sqft of floor space. This property has a lot size of 10094 sqft and was built in 1951.
7438 Thomas Ave S, Richfield, MN 55423 is a 3 bedroom, 1 bathroom, 1,064 sqft single-family home built in 1951. It last sold for $37,500 on Mar 1, 1977. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $312,700, with a rent estimate of $2,645/month.
Home Details for 7438 Thomas Ave S
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Interior Details BasementNumber of Rooms: 6 |
Heating & Cooling Heating: WallAir ConditioningHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltDeckExterior: Metal |
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached |
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Year Built Year Built: 1951Year Updated: 1963 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 10094 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 1, 1977 Source: N/A | Sold | $37,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,620 | $320,900 |
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 7438 Thomas Ave S
- What is 7438 Thomas Ave S estimated to be worth?Trulia's estimated value for 7438 Thomas Ave S in Richfield, MN is $312,700.
- What is the price history for 7438 Thomas Ave S?7438 Thomas Ave S in Richfield, MN last sold for $37,500 in March 1977.
- 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.
- How big is the lot at 7438 Thomas Ave S?The lot at 7438 Thomas Ave S in Richfield, MN is about 0.23 acres (10,094 sq ft).
- Does 7438 Thomas Ave S have a garage?Yes, 7438 Thomas Ave S in Richfield, MN has a garage.