7412 Colfax Ave
Richfield, MN 55423
3 bd 1 ba 1,628 sqft Built 1940 Lot 6,490 sqft single_family
Most recent sale
$325,000
Jan 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 14, 2022 | Sold | $325,000 | MLS #6086940 |
| Dec 15, 2021 | Relisted | $325,000 | MLS #6086940 |
| Dec 6, 2021 | Listing removed | $325,000 | NorthstarMLS |
| Nov 29, 2021 | Relisted | $325,000 | MLS #6086940 |
| Nov 18, 2021 | Listing removed | $325,000 | NorthstarMLS |
| Nov 6, 2021 | Listed | $325,000 | MLS #6086940 |
| Dec 6, 2018 | Sold | $249,900 | Public Record |
| Oct 31, 2018 | Sold | $249,900 | MLS #5006254 |
| Sep 20, 2018 | Listed | $249,900 | MLS #5006254 |
| Aug 25, 2003 | Sold | $190,000 | Public Record |
| Mar 17, 1998 | Sold | $108,900 | Public Record |
| Feb 28, 1992 | Sold | $84,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $239,620 | $3,440 |
| 2019 | — | — | $225,450 | $2,951 |
| 2018 | — | — | $188,390 | $2,812 |
| 2017 | — | — | $167,680 | $2,370 |
| 2016 | — | — | $154,600 | $2,239 |
| 2015 | — | — | $136,070 | $2,348 |
| 2014 | — | — | $144,790 | $2,278 |
| 2013 | — | — | $126,260 | $2,217 |
| 2012 | — | — | $125,170 | $2,418 |
| 2011 | — | — | $144,790 | $2,390 |
| 2010 | $92,000 | $78,000 | $170,000 | $2,245 |
| 2009 | $103,000 | $74,000 | $177,000 | $2,214 |
| 2008 | $113,000 | $74,000 | $187,000 | $2,318 |
| 2007 | $113,000 | $86,000 | $199,000 | $2,175 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,628 sqft
Lot size
6,490 sqft
ZIP code
55423
City
Richfield
Street
Colfax Ave
Coordinates
44.86854, -93.29259
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,442
Gross rental yield
9.02%
Implied cap rate
5.86%
Trend-extrapolated value
—
Frequently asked questions
When did 7412 Colfax Ave last sell?
7412 Colfax Ave most recently sold on Jan 14, 2022 for $325,000.
What is the current tax assessment for 7412 Colfax Ave?
The most recent total assessment for 7412 Colfax Ave (year 2020) is $239,620 with $3,440 in property tax.
How does 7412 Colfax Ave's assessment compare to its last sale price?
The current assessment is 26.3% below the last sale price of $325,000.
When was 7412 Colfax Ave built?
7412 Colfax Ave was built in 1940.
How does 7412 Colfax Ave compare to others on Colfax Ave?
We track 8 other properties on Colfax Ave. Browse the list under "Other properties on Colfax Ave" to compare beds, baths, and sale history.
What are the property facts for 7412 Colfax Ave?
7412 Colfax Ave is a 3 bed, 1 bath, 1,628 sqft, 6,490 sqft lot single_family.
Is 7412 Colfax Ave a flip candidate?
No — 7412 Colfax Ave does not appear in our flips dataset.
Is 7412 Colfax Ave a tax-appeal candidate?
No — 7412 Colfax 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 Colfax Ave