6371 16th Ave
Richfield, MN 55423
2 bd 3 ba 1,562 sqft Built 2023 Lot 2,178 sqft townhomes
Most recent sale
$484,400
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 6, 2026 | Sold | $452,900 | NorthstarMLS |
| Jan 5, 2026 | Listed | $459,900 | NorthstarMLS |
| Nov 11, 2025 | Price changed | $459,900 | NorthstarMLS |
| Oct 21, 2025 | Listed | $469,900 | NorthstarMLS |
| Mar 18, 2023 | Sold | $499,900 | NorthstarMLS |
| Jun 29, 2022 | Sold | $484,400 | MLS #6103750 |
| Dec 19, 2021 | Price changed | $484,400 | MLS #6103750 |
| Sep 22, 2021 | Listed | $448,900 | MLS #6103750 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $485,915 | $7,114 |
| 2024 | $392,800 | $109,300 | $502,100 | $7,017 |
| 2023 | $357,000 | $92,000 | $449,000 | $5,988 |
| 2022 | — | $25,300 | $25,300 | $447 |
| 2021 | — | $16,914 | $16,914 | $303 |
Property facts
Year built
2023
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,562 sqft
Lot size
2,178 sqft
ZIP code
55423
City
Richfield
Street
16th Ave
Coordinates
44.88722, -93.25115
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,343
Gross rental yield
5.80%
Implied cap rate
3.77%
Trend-extrapolated value
—
Frequently asked questions
When did 6371 16th Ave last sell?
6371 16th Ave most recently sold on Jun 29, 2022 for $484,400.
What is the current tax assessment for 6371 16th Ave?
The most recent total assessment for 6371 16th Ave (year 2025) is $485,915 with $7,114 in property tax.
How does 6371 16th Ave's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $484,400.
When was 6371 16th Ave built?
6371 16th Ave was built in 2023.
How does 6371 16th Ave compare to others on 16th Ave?
We track 8 other properties on 16th Ave. Browse the list under "Other properties on 16th Ave" to compare beds, baths, and sale history.
What are the property facts for 6371 16th Ave?
6371 16th Ave is a 2 bed, 3 bath, 1,562 sqft, 2,178 sqft lot townhomes.
Is 6371 16th Ave a flip candidate?
No — 6371 16th Ave does not appear in our flips dataset.
Is 6371 16th Ave a tax-appeal candidate?
No — 6371 16th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$392.4K
2026 Q4
$394.4K
ZIP 55423 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 16th Ave