Off Market Sep 2019 for $215K

—

Est. refi paymentEst. refi $1,306/mo

•

—

sq ft

1020 Rae Dr #5, Richfield, MN 55423

About this home

Residential, Manor/VillageProperty Type

1980Year Built

5.86 acresLot Size

1 car garageParking

Listed by Laure Green • Hendrickson Homes Real Estate

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5290990

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 1020 Rae Dr #5

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Tax history for 1020 Rae Dr #5

*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

1995

Sq. Ft.

1,350

Year built

1980

Style

Condo/Co-op

County

Hennepin County

APN

28 028 24 14 0066

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: Detached
Garage Spaces: 1

Interior

Bedroom Information
# of Bedrooms: 3

Bathroom Information
# of Full Baths (Total): 2

Room 1 Information
Room Type: Bedroom 2
Room Dimensions: 12 x 9
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 12 x 9
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Dimensions: 13 x 9
Room Level: Main

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 15 x 11
Room Level: Main

Room 5 Information
Room Type: Bedroom 3
Room Dimensions: 10 x 9
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Dimensions: 19 x 15
Room Level: Main

Room 7 Information
Room Dimensions: 20 x 10
Room Level: Main

Room 8 Information
Room Dimensions: 20 x 10
Room Level: Main

Basement Information
Basement Features: Crawl Space

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Master Bedroom, Wood Burning

Heating & Cooling
Heating Information: Hot Water
Cooling Information: Wall Unit(s)

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Deck
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Exterior

Building Information
Construction Materials: Brick/Stone, Fiber Cement, Shake Siding
Foundation Area: 1,300
Roof: Age Over 8 Years, Pitched

Waterfront Information
Waterfront Features: Lake View
Water Body Name: Richfield Lake
Waterfront Num: 27002100
Lake Acres: 25
Lake Classification: Natural Environment
Road Between Waterfront And Home Y/N: No

Property Information
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Manor/Village
Attached Property
Above Grade Finished Area: 1,300

Lot Information
Lot Features: Tree Coverage - Medium, Zero Lot Line
Lot Size Area: 5.86
Lot Size Units: Acres
Lot Size Dimensions: 0
Road Frontage Type: Private Road

Financial

Tax Information
Tax Annual Amount: $2,230
Tax Year: 2019
Tax With Assessments: $2,230

Lease / Rent Details
RentalLicense Y/N: No

Financial Information
Conventional

Utilities

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

Location

HOA Information
Association Name: New Concepts
Has HOA
Association Fee: $351
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Structure, Hazard Insurance, Maintenance Grounds, Professional Mgmt, Trash, Lawn Care, Water

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

Location Information
Directions: West 66th Street (east of 35W) to Rae Dr, north, take first left to the complex.
Map Coordinate: 120-C4

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,350
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1980
Year Renovated: 1995
County: Hennepin County
APN: 28 028 24 14 0066

Home facts updated by county records on Jul 20, 2026

Other

Documents & Disclosures
Restrictions: Pets - Cats Allowed,Pets - Dogs Allowed,Pets - Number Limit,Pets - Weight/Height Limit,Rental Restrictions May Apply

Home Information
Living Area: 1300
Main Level Finished Area: 1300.0000
Building Area Total: 1300
Levels: One

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

$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 1020 Rae Dr #5

Data from public records.

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

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

Address	Redfin Estimate
1020 Rae Dr Apartment 8, Richfield, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$188,179
1025 Rae Dr Apartment 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 2019. This data may not match . Learn more.

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