OFF MARKET
Google satellite image for 1035 Rae Dr #1, Richfield, MN 55423
Off Market Aug 1998 for $74K
$145,369
Est. refi paymentEst. refi $511/mo
1
bd
•
1 ba
•
862
sq ft

1035 Rae Dr #1, Richfield, MN 55423

map-entry

About this home

1035 Rae Dr #1 is a 862 square foot condo with 1 bedroom and 1 bathroom. - it last sold on August 25, 1998 for $74,500. Based on Redfin's Richfield data, we estimate the home's value is $145,369.
CondoProperty Type
1980Year Built
$169Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$145,369
$71K since sold in August 1998$9,000 since August

This home's estimate is 42.3% higher than the average sale price ($102K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Rent
$1,182/mo
Redfin rental estimate

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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

Provided by Redfin

Sale history for 1035 Rae Dr #1

Tax history for 1035 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

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)
22
7
30
14
49
29
58
39
71
51
79
62
84
67
80
65
78
60
65
48
45
32
29
15
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
Estimated sale price
$139,000 – $168,000

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New listings for sale in 55423

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7601 Aldrich Ave S #307, Richfield, MN 55423
$125,000
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3D WALKTHROUGH
$300,000
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$399,900
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Home values near 1035 Rae Dr #1

Data from public records.
AddressRedfin Estimate
2 Beds | 1 Baths | 1062 Sq. Ft.
$217,519
2 Beds | 1 Baths | 1150 Sq. Ft.
$186,013
AddressRedfin Estimate
2 Beds | 1 Baths | 1062 Sq. Ft.
$190,201
3 Beds | 2 Baths | - Sq. Ft.
$244,093
AddressRedfin Estimate
2 Beds | 1 Baths | - Sq. Ft.
$188,179
2 Beds | 1 Baths | 1062 Sq. Ft.
$179,847

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