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6620 3rd Ave

Richfield, MN 55423

4 bd 2 ba 1,732 sqft Built 1950 Lot 9,583 sqft single_family
Most recent sale
$240,000
Aug 25, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2022 Price changed $368,000 MLS #6249516
Oct 8, 2022 Price changed $370,000 MLS #6249516
Sep 26, 2022 Price changed $372,500 MLS #6249516
Sep 19, 2022 Price changed $377,500 MLS #6249516
Sep 2, 2022 Price changed $380,000 MLS #6249516
Aug 16, 2022 Listed $385,000 MLS #6249516
Aug 25, 2021 Sold $240,000 MLS #6046663
Jul 25, 2021 Listed $249,900 MLS #6046663
Jul 19, 1994 Sold $79,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,900 $118,000 $322,900 $4,724
2024 $150,400 $130,000 $280,400 $3,915
2023 $119,000 $120,000 $239,000 $3,784
2020 $187,300 $2,877
2019 $186,210 $2,676
2018 $168,770 $2,550
2017 $150,240 $2,098
2016 $134,980 $2,103
2015 $126,260 $1,953
2014 $118,630 $2,183
2013 $119,720 $2,163
2012 $120,810 $2,119
2011 $125,170 $2,089
2010 $81,000 $69,000 $150,000 $1,928
2009 $89,000 $65,000 $154,000 $2,060
2008 $97,000 $77,000 $174,000 $2,242
2007 $97,000 $85,000 $182,000 $1,977

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,732 sqft
Lot size
9,583 sqft
ZIP code
55423
City
Richfield
Street
3rd Ave
Coordinates
44.88251, -93.27339

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,598
Gross rental yield
12.99%
Implied cap rate
8.44%
Trend-extrapolated value

Frequently asked questions

When did 6620 3rd Ave last sell?
6620 3rd Ave most recently sold on Aug 25, 2021 for $240,000.
What is the current tax assessment for 6620 3rd Ave?
The most recent total assessment for 6620 3rd Ave (year 2025) is $322,900 with $4,724 in property tax.
How does 6620 3rd Ave's assessment compare to its last sale price?
The current assessment is 34.5% above the last sale price of $240,000.
When was 6620 3rd Ave built?
6620 3rd Ave was built in 1950.
How does 6620 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 6620 3rd Ave?
6620 3rd Ave is a 4 bed, 2 bath, 1,732 sqft, 9,583 sqft lot single_family.
Is 6620 3rd Ave a flip candidate?
No — 6620 3rd Ave does not appear in our flips dataset.
Is 6620 3rd Ave a tax-appeal candidate?
No — 6620 3rd Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$392.4K
2026 Q4
$394.4K
ZIP 55423 — Median Price History + Forecast

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