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Office BuildingCommercial
Last sold for $231,500 on Apr 13, 2017

723 1ST ST SE

RICHMOND, MN 56368
0.5
Baths
8,860 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.98 ac
Lot SizeThe size of the land the home sits on, from county records.
1998
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$231,500 · Apr 13, 2017

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,824 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$294,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$62,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$231,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$250,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$294,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.29
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
20
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
56
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
50
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
22
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Office Building
CountySTEARNS
Lot (acres)The size of the land the home sits on, from county records.0.98
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
PoolWhether the property has a pool, and what kind, such as in-ground.No

Neighborhood · ZIP 56368These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.133
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.77%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.5,297
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.69 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$89,544
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$98,517
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.28 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

723 1st St Se measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Richmond 56368
  • Has a bigger lot than 71% of homes in Stearns County
  • Newer than 75% of homes in Richmond 56368

How it measures up in Richmond 56368

The dot is this home. The mark in the middle is the typical home in Richmond 56368.

Living area8,860 ft²
SmallerTypical 1,304 ft²Bigger

Bigger than almost all homes nearby

Lot size0.98 ac
SmallerTypical 0.54 acBigger

Bigger than 62% of homes nearby

Year built1998
OlderTypical 1979Newer

Newer than 75% of homes nearby

How 723 1st St Se ranks against every home in each area.
MeasureThis homeRichmond 56368Stearns County
Living areabigger than8,860 ft²almost all homesalmost all homes
Lot sizebigger than0.98 ac62% of homes71% of homes
Year builtnewer than199875% of homes71% of homes

About 723 1st St Se

When did 723 1st St Se, Richmond, MN last sell?

723 1st St Se, Richmond, MN last sold on Apr 13, 2017 for $231,500, according to the county's recorded deed.

How big is 723 1st St Se, Richmond, MN?

723 1st St Se, Richmond, MN has 0.5 bathrooms, 8,860 square feet of living space and a 0.98-acre lot.

When was 723 1st St Se, Richmond, MN built?

723 1st St Se, Richmond, MN was built in 1998, making it 28 years old. The building has 1 story.

How does 723 1st St Se, Richmond, MN compare to other homes in Richmond 56368?

Among the 2,823 homes in Richmond 56368, it is bigger than almost all of them (8,860 ft² against a typical 1,304 ft²), its lot is bigger than 62% of them (0.98 ac against a typical 0.54 ac) and it is newer than 75% of them (1998 against a typical 1979). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 723 1st St Se, Richmond, MN?

The 2026 property tax bill for 723 1st St Se, Richmond, MN was $5,824. The county assessed it at $294,100.

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