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7032 Newton Ave

Richfield, MN 55423

2 bd 2 ba 2,145 sqft Built 1948 Lot 10,019 sqft single_family
Most recent sale
$351,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $351,000 MLS #6146685
Mar 7, 2022 Listed $294,000 MLS #6146685
Mar 30, 2017 Sold $226,600 MLS #4790542
Jan 30, 2017 Listed $219,900 MLS #4790542
Dec 16, 1999 Sold $149,900 Public Record
Dec 14, 1990 Sold $93,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $248,340 $3,669
2019 $240,710 $3,470
2018 $222,180 $3,403
2017 $203,650 $3,092
2016 $202,560 $2,904
2015 $177,490 $2,936
2014 $181,850 $2,872
2013 $160,050 $2,988
2012 $169,860 $2,880
2011 $173,130 $2,893
2010 $116,000 $85,000 $201,000 $3,014
2009 $129,000 $100,000 $229,000 $2,933
2008 $141,000 $98,000 $239,000 $2,749
2007 $141,000 $85,000 $226,000 $2,520

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,145 sqft
Lot size
10,019 sqft
ZIP code
55423
City
Richfield
Street
Newton Ave
Coordinates
44.87511, -93.30643

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,218
Gross rental yield
11.00%
Implied cap rate
7.15%
Trend-extrapolated value

Frequently asked questions

When did 7032 Newton Ave last sell?
7032 Newton Ave most recently sold on Apr 11, 2022 for $351,000.
What is the current tax assessment for 7032 Newton Ave?
The most recent total assessment for 7032 Newton Ave (year 2020) is $248,340 with $3,669 in property tax.
How does 7032 Newton Ave's assessment compare to its last sale price?
The current assessment is 29.2% below the last sale price of $351,000.
When was 7032 Newton Ave built?
7032 Newton Ave was built in 1948.
How does 7032 Newton Ave compare to others on Newton Ave?
We track 8 other properties on Newton Ave. Browse the list under "Other properties on Newton Ave" to compare beds, baths, and sale history.
What are the property facts for 7032 Newton Ave?
7032 Newton Ave is a 2 bed, 2 bath, 2,145 sqft, 10,019 sqft lot single_family.
Is 7032 Newton Ave a flip candidate?
No — 7032 Newton Ave does not appear in our flips dataset.
Is 7032 Newton Ave a tax-appeal candidate?
No — 7032 Newton 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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