1020 Rae Dr, Unit 2

Richfield, MN 55423

$309,000
Last Sold Price
255,261 / 5.86
Lot Size / Acres
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Closed 5/24/24
Closed 5/24/24

Description

Ever dreamed of finding that perfect single-level home smack dab in the heart of everything? Picture this: sun-drenched rooms adorned with chic, contemporary vibes that just scream "home." And oh, let me tell you about the kitchen – it's a chef's dream with sleek granite countertops, an extra deep sink, nifty corner storage, a spacious island, and shiny new stainless steel appliances. But wait, there's more! The bathrooms got a modern makeover with stylish vanities and lights, and the dining room?...Ever dreamed of finding that perfect single-level home smack dab in the heart of everything? Picture this: sun-drenched rooms adorned with chic, contemporary vibes that just scream "home." And oh, let me tell you about the kitchen – it's a chef's dream with sleek granite countertops, an extra deep sink, nifty corner storage, a spacious island, and shiny new stainless steel appliances. But wait, there's more! The bathrooms got a modern makeover with stylish vanities and lights, and the dining room? It's a haven with built-ins that are like a secret storage paradise for your glassware and collections. And let's talk lighting – this place is a glow-up haven with plenty of recessed lights, and get this, some are dimmable for that perfect ambiance. This home can be yours TODAY! And the crown jewel? Crown molding with accent lighting that comes to life when the sun sets, giving the whole place a seriously cool vibe. Oh, did I mention the beautiful hardwood floors? See it TODAY!

Property Details for 1020 Rae Drive, Unit 2

Subdivision Name
Wood Lake Village
Zoning Jurisdiction
Residential-Multi-Family
LISTING CLOSED: 05/24/2024 12:00 AM

Property Details for 1020 Rae Drive, Unit 2

StatusClosed
MLS #6506963
Days on Compass47
Taxes$2,726 / year
HOA Fees$437 / month
Condo/Co-op Fees-
Property TypeLand
MLS TypeResidential / Manor/Village
Year Built1980
Lot Size5.86 AC
CountyHennepin County
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Location

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Building Information for 1020 Rae Drive, Unit 2

Lot Size5.86 AC

Payment Calculator

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$2,235 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,571

Property Taxes

$227

HOA Dues

$437

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Property Information for 1020 Rae Drive, Unit 2

Summary
Location and General Information
  • City Name: Richfield
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: West 66th St (east of 35W) to Rae Dr, north to first left, enter the village. First building on your right.
  • Latitude: 44.884557
  • Longitude: -93.293302
  • Map Coordinate: 120-C4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Richfield
  • City and Location Text: Richfield(MN)
  • Postal Code: 55423
  • State Or Province: MN
  • Public Survey Township: 28
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $437.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal, Water
  • Association Name: Westport Properties
  • Association Phone: 952-465-3600
  • Association: Yes
  • Parcel Number: 2802824140063
  • Tax Annual Amount: $2,726.00
  • Tax Legal Description: CONDO NO 0210 WOOD LAKE VILLAGE UNIT NO 42
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 2726.0000
School Information
  • High School District: 280 - Richfield
  • School District Number: 280
  • School District Phone: 612-798-6010
Property
Lot Information
  • Above Grade Fin SQFT: 1262.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1262.0
  • 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: 1262.0000
  • Building Area Total: 1262.0
  • Above Grade SqFt Total: 1262.0000
  • 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
  • Association Amenities: Fire Sprinkler System, Security Lighting
  • Foundation Area: 1262.0
  • Fuel: Electric
  • Patio Porch Type: Patio
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement Type: Crawl Space
  • Amenities Unit: Cable,Ceiling Fan(s),French Doors,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Paneled Doors,Tile Floors
  • Bath Desc: 3/4 Primary,Bathroom Ensuite,Main Floor Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 2
  • Bedrooms Total: 3
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Cooling: Wall Unit(s)
  • Dining Room Description: Living/Dining Room
  • DP Resource: Y
  • Heating: Baseboard
  • Levels: One
  • Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Laundry, Storage
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Laundry, Storage
  • Basement YN: No
Room Information
Room 1
  • Room Dimensions: 14.75 x10.5
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 12 x 9.5
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 11.5 x 8.75
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 15 x 10.6
  • Room Level: Main
  • Room Type: Bedroom 1
Room 5
  • Room Dimensions: 11.25 x 8
  • Room Level: Main
  • Room Type: Bedroom 2
Room 6
  • Room Dimensions: 11.75 x 6.5
  • Room Level: Main
  • Room Type: Bedroom 3
Room 7
  • Room Dimensions: 8.75 x 7
  • Room Level: Main
  • Room Type: Walk In Closet
Room 8
  • Room Dimensions: 8.6 x 6
  • Room Level: Main
  • Room Type: Laundry
Room 9
  • Room Dimensions: 6 x 4
  • Room Level: Main
  • Room Type: Storage

Property History for 1020 Rae Drive, Unit 2

DateEvent & SourcePriceAppreciation
May 24, 2024

Sold

NorthStar #6506963

$309,000—
May 16, 2024

Sold (Public Record)

Public Record #1533021870

$309,000

+80.5% / yr

May 6, 2024

Pending

NorthStar #6506963

—
DateEvent & SourcePrice
05/24/2024

Sold

NorthStar #6506963

$309,000
05/16/2024

Sold (Public Record)

Public Record #1533021870

$309,000

+80.5% / yr

05/06/2024

Pending

NorthStar #6506963

—

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

Public Records for 1020 Rae Drive, Unit 2

Taxable ValueLand$54,000Additions$207,100Total$261,100
Tax Record2025$3,574 ($298 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,262 SqFtAbove Grade Finished SqFt1,262 SqFtStories1Lot Size259,301 SqFtStyleCondominiumYear Built1980Year Renovated2015CountyHENNEPINAPN28-028-24-14-0063

Schools near 1020 Rae Drive, Unit 2

This home is within Richfield Public School District.
Rating
School
Type
Grades
Distance
Sheridan Hills Elementary School
Public - PK to 5
Richfield Middle School
Public - 6 to 8
Richfield Senior High School
Public - 9 to 12
Richfield Extended School Year
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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Nearby home values

AddressSold priceBedsBathsSqftLot AC
1020 Rae Drive, Unit 7, Richfield, MN 55423
$241,000
2
1,062
5.86
1020 Rae Drive, Unit 3, Richfield, MN 55423
$86,000
3
1,262
0
1020 Rae Drive, Unit 9, Minneapolis, MN 55423
$200,000
2
1
1,062
5.95
1020 Rae Drive, Unit 10, Richfield, MN 55423
$205,000
2
1,062
5.86
1020 Rae Drive, Richfield, MN 55423
$175,000
3
1,262
–

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Based on information submitted to the MLS GRID as of 05/25/2025 01:37 AM. 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.