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  • Price cut: $15.1K (12/6)
    $259,900

    7011 Penn Ave S, Richfield, MN 55423

    4beds
    1,542sqft
    : 
    Single Family Residence
    Built in 1946
    7,840.8 Square Feet Lot
    $-- Zestimate®
    $169/sqft
    $-- HOA

    What's special

    Fenced yardFinished basementSeparated bedroom
    *** Price reduction*** Welcome home! This charming Richfield property offers an incredible opportunity to own in the heart of the city. Enjoy a fenced yard that's perfect for kids and pets, plus convenient access to parks, schools, and major freeways. The finished basement provides extra space for family gatherings, guests, or even an additional family member. One separated bedroom is ideal for a home office or study area. Bring your creative ideas and make this home truly shine - the potential is endless!
    36 days
    |
    2,911
    |
    122
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 06, 2025 at 12:13pm

    Listed by:

    Juno Jimenez 612-490-7952,

    LPT Realty, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6812865MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Rooms
    • Room types: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedroom 1
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Bedroom 4
    • Level: Lower
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Family room
    • Level: Lower
    • Area: 288 Square Feet
    • Dimensions: 24x12
    Kitchen
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Living room
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 21x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    Features
    • Basement: Finished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,542
    • Total interior livable area: 1,542 sqft
    • Finished area above ground: 942
    • Finished area below ground: 600

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Other
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Other
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Other
    Lot
    • Size: 7,840.8 Square Feet
    • Dimensions: 58 x 133
    Details
    • Foundation area: 942
    • Parcel number: 3302824220002
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other, Frame
    • Roof: Age 8 Years or Less
    Condition
    • Age of Property: 79
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Richfield

    Financial & listing details

    • Price per square foot: $169/sqft
    • Tax assessed value: $320,200
    • Annual tax amount: $3,835
    • Date on market: 11/4/2025
    • Cumulative days on market: 37 days
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/6/2025Price change$259,900-5.5%$169/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6812865 Report a problem
    11/15/2025Price change$275,000-5.2%$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6812865 Report a problem
    11/4/2025Listed for sale$290,000+41.5%$188/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6812865 Report a problem
    6/20/2017Sold$205,000+5.2%$133/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4824483 Report a problem
    5/3/2017Listed for sale$194,900+93%$126/sqft
    Source: DMR Realty INC #4824483 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$3,835 +1.7%$320,200 +13.3%
    2024$3,770 +8.6%$282,600 +0%
    2023$3,469 +14.7%$282,500 +3.1%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,610/mo
    Principal & interest
    $1274
    Property taxes
    $245
    Home insurance
    $91

      Climate risks

      Neighborhood: 55423

      Nearby schools

      GreatSchools rating

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