Off Market Jun 2021 for $195K

—

Est. refi paymentEst. refi $1,560/mo

•

—

sq ft

1005 Rae Dr #5, Richfield, MN 55423

About this home

Residential, Manor/VillageProperty Type

1980Year Built

5.86 acresLot Size

1 car garageParking

Listed by Kelley Haag • Chowen Lakes Realty LLC

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5755249

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 55423, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.2%

0.5% MoM

Median sale price

$366K

$2K MoM

Avg. days on market

21d

4 days MoM

Recently sold homes

160

18 MoM

New listings for sale

OPEN SEP 20, 12PM TO 1:30PM
$259,900
2 beds2 baths1,361 sq ft
7601 Aldrich Ave S #109, Richfield, MN 55423
$375,000
4 beds2 baths2,377 sq ft
1201 W 73rd St, Richfield, MN 55423
$1,200,000
3 beds3 baths2,520 sq ft
6354 Lyndale Ave S Unit W301, Richfield, MN 55423
$314,900
2 beds2 baths1,533 sq ft
6717 Queen Ave S, Richfield, MN 55423
$169,900
1 bed1 bath868 sq ft
7601 Aldrich Ave S #307, Richfield, MN 55423
$125,000
1 bed1 bath915 sq ft
6500 Woodlake Dr #906, Richfield, MN 55423
$375,000
4 beds3 baths1,696 sq ft
6315 Knox Ave S, Richfield, MN 55423
3D WALKTHROUGH
$300,000
3 beds1 bath1,303 sq ft
7512 Emerson Ave S, Richfield, MN 55423
$399,900
4 beds2 baths2,091 sq ft
7232 Girard Ave S, Richfield, MN 55423
$305,000
2 beds1 bath1,565 sq ft
6828 Grand Ave S, Richfield, MN 55423
See all

Provided by Redfin

Sale history for 1005 Rae Dr #5

Year

Property tax

Land + Additions

Assessment*

2026

$2,513 (+1.2%)

2025

$2,484 (−83.5%)

2024

$15,062 (+555.8%)

2023

$2,297 (+7.1%)

2022

$2,145 (+2.8%)

2021

$2,086 (−2.4%)

$48,000 + $96,000

$144,000

2020

$2,137 (+7.7%)

$46,000 + $95,000

$141,000

2019

$1,984 (+10.0%)

$39,000 + $89,000

$128,000

2018

$1,804 (+9.2%)

$33,000 + $76,000

$109,000

2017

$1,652 (+59.6%)

$33,000 + $76,000

$109,000

2015

$1,035 (+0.5%)

2014

$1,030 (−23.8%)

2013

$1,352 (−3.6%)

2012

$1,404

Tax history for 1005 Rae Dr #5

Year

Property tax

Land + Additions

Assessment*

2026

$2,513 (+1.2%)

2025

$2,484 (−83.5%)

2024

$15,062 (+555.8%)

2023

$2,297 (+7.1%)

2022

$2,145 (+2.8%)

2021

$2,086 (−2.4%)

$48,000 + $96,000

$144,000

2020

$2,137 (+7.7%)

$46,000 + $95,000

$141,000

2019

$1,984 (+10.0%)

$39,000 + $89,000

$128,000

2018

$1,804 (+9.2%)

$33,000 + $76,000

$109,000

2017

$1,652 (+59.6%)

$33,000 + $76,000

$109,000

2015

$1,035 (+0.5%)

2014

$1,030 (−23.8%)

2013

$1,352 (−3.6%)

2012

$1,404

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1985

Sq. Ft.

1,062

Year built

1980

Style

Condo/Co-op

County

Hennepin County

APN

28 028 24 14 0050

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

PMR

Planned Multifamily Residential District

Planned unit development PUD regulations provide an opportunity for innovative and creative development, while assuring that the development will complement existing neighborhood character. These regulations allow flexibility beyond that allowed by other zoning districts, if the proposed development is well designed and can be successfully integrated into the neighborhood. Planned developments provide flexibility in the application of the zoning code as it pertains to dimensional requirements, density and land uses without the use of the variance procedure of the code. Planned developments are also intended to encourage the efficient use of land and resources, to promote efficiency in public and utility services, and to encourage innovation in the planning and building of all types of development.

Property details

Parking

Parking Information
Parking Features: Assigned, Covered, Detached, Asphalt, Garage Door Opener
Garage Spaces: 1

Interior

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Full Baths (Total): 1

Room 1 Information
Room Type: Bedroom 2
Room Dimensions: 10x10
Room Level: Main

Room 2 Information
Room Type: Bedroom 1
Room Dimensions: 15x11
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 11x9
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Dimensions: 16x15
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Dimensions: 9x9
Room Level: Main

Basement Information
Basement Features: None

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Living Room, Wood Burning

Heating & Cooling
Heating Information: Baseboard
Cooling Information: Wall Unit(s)

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Exterior

Building Information
Construction Materials: Brick/Stone, Wood Siding
Foundation Area: 1,062

Property Information
Total Sq. Ft.: 1,062
Above Ground Total Sq. Ft.: 1,062
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Manor/Village
Attached Property
Above Grade Finished Area: 1,062
Amenities: Balcony,Deck,French Doors,Main Floor Primary Bedroom,Washer/Dryer Hookup

Lot Information
Lot Size Area: 5.86
Lot Size Units: Acres
Lot Size Dimensions: common

Financial

Tax Information
Tax Annual Amount: $2,137
Tax Year: 2020
Tax With Assessments: $2,137

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Electric

Location

HOA Information
Association Name: New Concepts Management
Has HOA
Association Fee: $307
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Structure, Hazard Insurance, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Lawn Care, Water

School Information
High School District: Richfield
School District Number: 280
School District Phone: 612-798-6010

Location Information
Directions: 66th St to Rae Dr - north 1/2 block to 1st left (Rae Dr continued) - just inside complex unit on left.
Map Coordinate: 120-C4

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,062
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1980
Year Renovated: 1985
County: Hennepin County
APN: 28 028 24 14 0050

Home facts updated by county records on Jul 20, 2026

Other

Documents & Disclosures
Restrictions: Mandatory Owners Assoc,Pets - Cats Allowed,Pets - Dogs Allowed,Pets - Weight/Height Limit

Home Information
Living Area: 1062
Main Level Finished Area: 1062.0000
Age Of Property: 43
Levels: One

Around this home

Schools

Sheridan Hills Elementary School

Public PreK-5 • Assigned • 1.0mi

7/10

Richfield Middle School

Public 6-8 • Assigned • 1.2mi

4/10

Richfield Senior High School

Public 9-12 • Assigned • 0.7mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Richfield, MN • 55423

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 55423

OPEN SEP 20, 12PM TO 1:30PM

$259,900

2 beds2 baths1,361 sq ft

7601 Aldrich Ave S #109, Richfield, MN 55423

$375,000

4 beds2 baths2,377 sq ft

1201 W 73rd St, Richfield, MN 55423

$1,200,000

3 beds3 baths2,520 sq ft

6354 Lyndale Ave S Unit W301, Richfield, MN 55423

$314,900

2 beds2 baths1,533 sq ft

6717 Queen Ave S, Richfield, MN 55423

$169,900

1 bed1 bath868 sq ft

7601 Aldrich Ave S #307, Richfield, MN 55423

$125,000

1 bed1 bath915 sq ft

6500 Woodlake Dr #906, Richfield, MN 55423

$375,000

4 beds3 baths1,696 sq ft

6315 Knox Ave S, Richfield, MN 55423

3D WALKTHROUGH

$300,000

3 beds1 bath1,303 sq ft

7512 Emerson Ave S, Richfield, MN 55423

$399,900

4 beds2 baths2,091 sq ft

7232 Girard Ave S, Richfield, MN 55423

Home values near 1005 Rae Dr #5

Data from public records.

Address	Redfin Estimate
1005 Rae Dr Apt 8, Richfield, MN 2 Beds \| 1 Baths \| 1062 Sq. Ft.	$217,519
1020 Rae Dr Apt 6, Richfield, MN 2 Beds \| 1 Baths \| 1150 Sq. Ft.	$186,013

Address	Redfin Estimate
1020 Rae Dr Apt 9, Richfield, MN 2 Beds \| 1 Baths \| 1062 Sq. Ft.	$190,201
1020 Rae Dr Apt 4, Richfield, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$244,093

Address	Redfin Estimate
1020 Rae Dr Apt 8, Richfield, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$188,179
1025 Rae Dr Apt 5, Richfield, MN 2 Beds \| 1 Baths \| 1062 Sq. Ft.	$179,847

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 55423, MN

Sale history for 1005 Rae Dr #5

Tax history for 1005 Rae Dr #5

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55423

Home values near 1005 Rae Dr #5

More real estate resources