The property at 7044 James Avenue S, Richfield, MN 55423, built in 1943, is a 2,228 square foot Single Family and has 4 bedrooms and 1 bathrooms. It is situated on a lot that is 11,761 square feet and was last tax assessed in 2025 for a valuation of $425,300
The estimate for this property has experienced a 9.43% increase in the past 6 months reaching a value of $733,405.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $415,000 +19.60% |
| 2022 | $347,000 |
| 2021 | $347,000 +13.76% |
| 2020 | $305,020 +7.28% |
| 2019 | $284,310 +1.56% |
| 2018 | $279,950 +0.39% |
| 2017 | $278,860 +10.35% |
| 2016 | $252,700 -1.70% |
| 2015 | $257,060 +10.24% |
| 2014 | $233,189 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $733,405 | - | - |
| Oct 2025 | $740,812 | - | - |
| Sep 2025 | $734,781 | - | - |
| Aug 2025 | $723,637 | - | - |
| Jul 2025 | $726,028 | - | - |
| Jun 2025 | $695,654 | - | - |
| May 2025 | $703,685 | - | - |
| Apr 2025 | $670,217 | - | - |
| Mar 2025 | $657,843 | - | - |
| Feb 2025 | $633,085 | - | - |
| Jan 2025 | $599,317 | - | - |
| Dec 2024 | $562,995 | - | - |
| Nov 2024 | $531,581 | - | - |
| Oct 2024 | $495,933 | - | - |
| Sep 2024 | $468,376 | - | - |
| Aug 2024 | $455,360 | - | - |
| Jul 2024 | $442,698 | - | - |
| Jun 2024 | $416,126 | - | - |
| May 2024 | $404,016 | - | - |
| Apr 2024 | $393,914 | - | - |
| Mar 2024 | $394,091 | - | - |
| Feb 2024 | $393,937 | - | - |
| Jan 2024 | $394,638 | - | - |
| Dec 2023 | $391,701 | - | - |
| Nov 2023 | $396,657 | - | - |
| Oct 2023 | $426,101 | - | - |
| Sep 2023 | $456,117 | - | - |
| Aug 2023 | $423,602 | - | - |
| Jul 2023 | $429,166 | - | - |
| Jun 2023 | $419,334 | - | - |
| May 2023 | $444,666 | - | - |
| Apr 2023 | $424,071 | - | - |
| Mar 2023 | $478,413 | - | - |
| Feb 2023 | $417,500 | - | - |
| Jan 2023 | $422,000 | - | - |
| Dec 2022 | $428,500 | - | - |
| Nov 2022 | $428,500 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 55423 - MN
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 36,904 | 36,727 | 1,276,997 | 335,858,263 |
| Population Density | 5,213 | 5,408 | 2,307 | 95 |
| People per Household | 2.3 | 2.3 | 2.4 | 2.6 |
| Median Age | 40 | 40 | 39.3 | 39.1 |
| Median Income | $70,019 | $69,965 | $81,949 | $66,222 |
| Average Income | $37,399 | $37,368 | $47,951 | $35,475 |
| Cost of Living Index | 100 | 100 | 104 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 4.3°F | 4.3°F | 4.3°F | 22.6°F |
| July Avg. High Temp | 83.3°F | 83.3°F | 83.3°F | 86.2°F |
| Annual Precipitation | 29.41" | 29.41" | 29.41" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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