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7030 James Ave

Richfield, MN 55423

5 bd 3 ba 2,874 sqft Built 1942 Lot 15,682 sqft single_family
Most recent sale
$585,950
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $585,950 NorthstarMLS
Feb 16, 2024 Listed $525,000 NorthstarMLS
Aug 11, 2006 Sold $285,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $242,400 $178,300 $420,700 $5,827
2023 $238,000 $178,000 $416,000 $5,498
2022 $349,710 $5,004
2021 $331,180 $4,805
2020 $308,290 $4,684
2019 $270,140 $4,206
2018 $251,610 $4,188
2017 $253,790 $3,862
2016 $225,450 $3,674
2015 $220,000 $3,540
2014 $200,380 $3,580
2013 $212,370 $3,720
2012 $206,920 $3,432
2011 $137,000 $98,000 $235,000 $3,445
2010 $153,000 $115,000 $268,000 $3,590
2009 $165,000 $113,000 $278,000 $3,472
2008 $165,000 $113,000 $278,000 $3,258
2007 $164,000 $98,000 $262,000 $2,980

Property facts

Year built
1942
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,874 sqft
Lot size
15,682 sqft
ZIP code
55423
City
Richfield
Street
James Ave
Coordinates
44.87514, -93.30134

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,311
Gross rental yield
8.83%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 7030 James Ave last sell?
7030 James Ave most recently sold on Apr 12, 2024 for $585,950.
What is the current tax assessment for 7030 James Ave?
The most recent total assessment for 7030 James Ave (year 2024) is $420,700 with $5,827 in property tax.
How does 7030 James Ave's assessment compare to its last sale price?
The current assessment is 28.2% below the last sale price of $585,950.
When was 7030 James Ave built?
7030 James Ave was built in 1942.
How does 7030 James Ave compare to others on James Ave?
We track 8 other properties on James Ave. Browse the list under "Other properties on James Ave" to compare beds, baths, and sale history.
What are the property facts for 7030 James Ave?
7030 James Ave is a 5 bed, 3 bath, 2,874 sqft, 15,682 sqft lot single_family.
Is 7030 James Ave a flip candidate?
No — 7030 James Ave does not appear in our flips dataset.
Is 7030 James Ave a tax-appeal candidate?
No — 7030 James 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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