1015 Rae Dr, Unit 1

255,261 / 5.86
Lot Size / Acres

Description

Move-in ready and beautifully updated, this one-bedroom, one-bath condo offers both style and comfort. The kitchen and bath were tastefully renovated in 2020, and a new A/C unit was installed in 2022. A cozy wood-burning fireplace and a bright, south-facing deck make this home perfect for relaxing or entertaining. You'll appreciate the dedicated laundry room with an in-unit washer and dryer. Ideally situated in the heart of Richfield, you’re just minutes from local restaurants, everyday conveniences,...Move-in ready and beautifully updated, this one-bedroom, one-bath condo offers both style and comfort. The kitchen and bath were tastefully renovated in 2020, and a new A/C unit was installed in 2022. A cozy wood-burning fireplace and a bright, south-facing deck make this home perfect for relaxing or entertaining. You'll appreciate the dedicated laundry room with an in-unit washer and dryer. Ideally situated in the heart of Richfield, you’re just minutes from local restaurants, everyday conveniences, and the scenic trails of Wood Lake Nature Center. A garage stall close to the building provides added convenience.
  1. Listed by Traci Ann Preciado • Engel & Volkers Minneapolis Downtown
    P: (612)-338-3836 C: (952)-212-4519 Traci.preciado@evrealestate.com

Property Details for 1015 Rae Drive, Unit 1

Subdivision Name
Condo 0210 Wood Lake Village
Zoning Jurisdiction
Residential-Single Family
LISTING CLOSED: 09/15/2025 12:00 AM

Property Details for 1015 Rae Drive, Unit 1

StatusClosed
MLS #6771340
Days on Compass20
Taxes$2,237 / year
HOA Fees$330 / month
Condo/Co-op Fees-
Property TypeLand
MLS TypeResidential / Manor/Village
Year Built1980
Lot Size5.86 AC
CountyHennepin County
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Building Information for 1015 Rae Drive, Unit 1

Lot Size5.86 AC

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$1,439 per month

30 year fixed, 6.55% Interest

Principal and Interest

$923

Property Taxes

$186

HOA Dues

$330

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Property Information for 1015 Rae Drive, Unit 1

Summary
Location and General Information
  • City Name: Richfield
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: 66th West of Lydale to Rae Dr.
  • Latitude: 44.884557
  • Longitude: -93.293302
  • Map Coordinate: 120-C4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55423
  • State Or Province: MN
  • Public Survey Township: 28
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $330.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Lawn Care, Professional Mgmt, Trash, Snow Removal
  • Association Name: Westport Properties
  • Association Phone: 952-465-3600
  • Association: Yes
  • Parcel Number: 2802824140054
  • Tax Annual Amount: $2,237.00
  • Tax Legal Description: CONDO NO 0210 WOOD LAKE VILLAGE UNIT NO 33
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 2237.0000
School Information
  • High School District: 280 - Richfield
  • School District Number: 280
  • School District Phone: 612-798-6010
Property
Lot Information
  • Above Grade Fin SQFT: 862.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 862.0
  • Lot Size Area: 5.86
  • Lot Size Dimensions: common
  • Lot Size Square Feet: 255218.04
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: Manor/Village
  • Property Type: Residential
  • SQFT Main Total: 862.0000
  • Building Area Total: 862.0
  • Above Grade SqFt Total: 862.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 45
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 862.0
  • Fuel: Electric
  • Roof: Age 8 Years or Less
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Basement Type: None
  • Amenities Unit: Deck,Kitchen Window
  • Bath Desc: Main Floor Full Bath
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 1
  • Bedrooms Total: 1
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Wall Unit(s)
  • Dining Room Description: Eat In Kitchen
  • DP Resource: Y
  • Garage Square Feet: 0
  • Heating: Baseboard
  • Levels: Two
  • Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Deck, Utility Room
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Deck, Utility Room
  • Basement YN: No
Room Information
Room 1
  • Room Dimensions: 16x13
  • Room Level: Upper
  • Room Type: Living Room
Room 2
  • Room Dimensions: 10x8
  • Room Level: Upper
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 10x9
  • Room Level: Upper
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 14x13
  • Room Level: Upper
  • Room Type: Bedroom 1
Room 5
  • Room Dimensions: 15x6
  • Room Level: Upper
  • Room Type: Deck
Room 6
  • Room Dimensions: 8x5
  • Room Level: Upper
  • Room Type: Utility Room

Property History for 1015 Rae Drive, Unit 1

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Sold (Public Record)

Public Record #1913910746

$181,500—
Sep 15, 2025

Sold

NorthStar #6771340

$181,500—
Sep 8, 2025

Pending

NorthStar #6771340

—
DateEvent & SourcePrice
09/15/2025

Sold (Public Record)

Public Record #1913910746

$181,500
09/15/2025

Sold

NorthStar #6771340

$181,500
09/08/2025

Pending

NorthStar #6771340

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1015 Rae Drive, Unit 1

Taxable ValueLand$45,000Additions$135,600Total$180,600
Tax Record2025$2,284 ($190 / month)
Home Facts
Beds1Baths1.8Total Finished SqFt862 SqFtAbove Grade Finished SqFt862 SqFtStories1Lot Size259,301 SqFtStyleCondominiumYear Built1980Year Renovated1990CountyHENNEPINAPN28-028-24-14-0054

Schools near 1015 Rae Drive, Unit 1

This home is within Richfield Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Sheridan Hills Elementary School
PublicPK to 5

Richfield Middle School
Public6 to 8

Richfield Senior High School
Public9 to 12

Richfield Extended School Year
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Minneapolis Downtown

Based on information submitted to the MLS GRID as of 09/16/2025 02:30 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.