Closed
$494,000
7021 Penn Ave S, Richfield, MN 55423
3beds
2,834sqft
Single Family Residence
Built in 1997
7,840.8 Square Feet Lot
$488,500 Zestimate®
$174/sqft
$2,887 Estimated rent
Home value
$488,500
$449,000 - $528,000
$2,887/mo
Zestimate® history
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What's special
Immaculately kept, one-owner home in desirable location. The 2-story family room, the main floor master suite and main floor laundry allows for one-level living. Master bathroom and front entryway have in-floor electric heat. Two-car garage is insulated and heated. Lower level provides a large open area with egress window suitable for adding another bedroom. Ample storage throughout home from built-in features to large basement storage area with shelving. A backyard oasis contains a patio with pergola, flowers and plants throughout the entire backyard leading to an oversized shed/workspace with power and heating. Buyer to verify measurements.
Zillow last checked: 8 hours ago
Listing updated: July 21, 2025 at 02:31pm
Listed by:
Brett D. Foss 952-431-1095,
Senior Life Management
Bought with:
Taylor Erickson
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6728589
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Bedroom 2
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Level: Upper
- Area: 104.5 Square Feet
- Dimensions: 11x9.5
Bathroom
- Level: Main
- Area: 127.5 Square Feet
- Dimensions: 15x8.5
Family room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 13x19
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Laundry
- Level: Main
- Area: 54 Square Feet
- Dimensions: 6x9
Living room
- Level: Basement
- Area: 308 Square Feet
- Dimensions: 11x28
Office
- Level: Main
- Area: 115.5 Square Feet
- Dimensions: 11x10.5
Walk in closet
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7x7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Features
- Basement: Egress Window(s),Finished,Full,Storage Space,Sump Pump,Tile Shower
- Number of fireplaces: 1
- Fireplace features: Decorative, Gas, Insert, Living Room
Interior area
- Total structure area: 2,834
- Total interior livable area: 2,834 sqft
- Finished area above ground: 1,685
- Finished area below ground: 893
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Pool features: None
- Fencing: Wood
Lot
- Size: 7,840 sqft
- Dimensions: 60 x 133.5
- Features: Wooded
Details
- Additional structures: Workshop, Storage Shed
- Foundation area: 1165
- Parcel number: 3302824220130
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Vinyl Siding
- Roof: Asphalt
Condition
- Age of Property: 28
- New construction: No
- Year built: 1997
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Richfield
- Subdivision: R24
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2025 | Sold | $494,000-1.2%$174/sqft |
Source: | ||
| 7/21/2025 | Pending sale | $499,900$176/sqft |
Source: | ||
| 7/4/2025 | Listed for sale | $499,900$176/sqft |
Source: | ||
| 7/4/2025 | Pending sale | $499,900$176/sqft |
Source: | ||
| 6/18/2025 | Listed for sale | $499,900+134.8%$176/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,471 +2% | $492,400 +9.2% |
| 2024 | $6,347 +8.6% | $450,900 -1.6% |
| 2023 | $5,842 +13.2% | $458,200 +3.7% |
Find assessor info on the county website
Neighborhood: 55423
Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.1 mi

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$488,500
2% more+ $9,770
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$498,270