Google satellite image for 1020 Rae Dr #1, Richfield, MN 55423

Off Market Jan 1994 for $85K

—

Est. refi paymentEst. refi $583/mo

•

2 ba

•

1,262

sq ft

1020 Rae Dr #1, Richfield, MN 55423

About this home

1020 Rae Dr #1 is a 1,262 square foot condo with 3 bedrooms and 2 bathrooms. - it last sold on January 26, 1994 for $85,000.

CondoProperty Type

1980Year Built

$67Price/Sq.Ft.

1 spaceParking

Source:Public Records

Redfin Estimate

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

Earn from this home

Rent

$1,548/mo

Redfin rental estimate

List your home for rent

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 1020 Rae Dr #1

Tax history for 1020 Rae Dr #1

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

Zoning

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

Interior

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Type: Steam

Fireplace Information
Has Fireplace

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Building Style Type: Condominium
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable

Property Information
Subdivision Name: CIC 0210 WOOD LAKE VILLAGE CONDO
Living Sq. Ft: 1,262
Gross Sq. Ft: 1,262
Adjusted Gross Sq. Ft: 1,262
Ground Floor Sq. Ft: 1,262
Building Sq. Ft: 1,262
# of Stories: 1
Stories Type: 1
Legal Description: CONDO NO 0210 WOOD LAKE VILLAGE UNIT NO 41

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 200
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 255,237
Municipality Name: RICHFIELD
Acres: 5.8594
County Use Description: CONDOMINIUM

Location Information
Parcel Location Influence: Lake

Utility Information
Electricity / Wiring Type: Average Wiring

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,262
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1980
Year Renovated: 1985
County: Hennepin County
APN: 28 028 24 14 0062

Home facts updated by county records on Jul 20, 2026

About this building

Sorry, but there are no photos available for the building.

No units for sale

1020 Rae Dr, Richfield, MN 55423

See photos & sale trends

Photo not available

Units for sale

Unit Information Not Available

There aren't any units for sale in this building.

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

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$375,000

4 beds2 baths2,377 sq ft

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6354 Lyndale Ave S Unit W301, Richfield, MN 55423

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7512 Emerson Ave S, Richfield, MN 55423

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Home values near 1020 Rae Dr #1

Data from public records.

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

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

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

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