7040 1st Ave
Richfield, MN 55423
4 bd 2 ba 1,703 sqft Built 1971 Lot 6,970 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $233,500 | $103,600 | $337,100 | $4,932 |
| 2024 | $236,900 | $110,200 | $347,100 | $4,847 |
| 2023 | $190,000 | $114,000 | $304,000 | $4,054 |
| 2011 | $120,000 | $67,000 | $187,000 | $2,695 |
| 2010 | $132,000 | $67,000 | $199,000 | $2,600 |
| 2009 | $139,000 | $78,000 | $217,000 | $2,660 |
| 2008 | $139,000 | $86,000 | $225,000 | $2,597 |
| 2007 | $139,000 | $86,000 | $225,000 | $2,592 |
Property facts
Year built
1971
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,703 sqft
Lot size
6,970 sqft
ZIP code
55423
City
Richfield
Street
1st Ave
Coordinates
44.87500, -93.27725
Comparable properties nearby
Frequently asked questions
When did 7040 1st Ave last sell?
No public-record sale is on file for 7040 1st Ave.
What is the current tax assessment for 7040 1st Ave?
The most recent total assessment for 7040 1st Ave (year 2025) is $337,100 with $4,932 in property tax.
When was 7040 1st Ave built?
7040 1st Ave was built in 1971.
How does 7040 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 7040 1st Ave?
7040 1st Ave is a 4 bed, 2 bath, 1,703 sqft, 6,970 sqft lot single_family.
Is 7040 1st Ave a flip candidate?
No — 7040 1st Ave does not appear in our flips dataset.
Is 7040 1st Ave a tax-appeal candidate?
No — 7040 1st 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 1st Ave