This charming 3-bedroom home offers a warm and inviting layout with plenty of potential. The main floor features a cozy living room with a wood-burning fireplace and newer bay windows that fill the space with natural light. An open kitchen with abundant counter space and storage flows seamlessly into a large informal dining area, perfect for everyday living or entertaining. You’ll find one bedroom and a full bath on the main level, with two additional bedrooms and a versatile loft-style space upstairs. The unfinished lower level includes a functional 1/4 bath (toilet only) and offers additional storage or workspace options. Outside, enjoy a fully fenced huge backyard and peace of mind with a newer roof and siding (2021) and water heater (2024). Conveniently located with easy access to everything (MOA, airport, many parks, entertainment, etc) this home has great bones and just needs a little cosmetic TLC to truly shine!
Pending
Price cut: $15K (11/19)
$274,900
7129 Penn Ave S, Richfield, MN 55423
3beds
2,008sqft
Est.:
Single Family Residence
Built in 1946
9,583.2 Square Feet Lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
Wood-burning fireplaceFully fenced huge backyardNewer bay windowsAbundant counter spaceLarge informal dining areaOpen kitchenNewer roof and siding
- 48 days |
- 2,458 |
- 176 |
Zillow last checked: 8 hours ago
Listing updated: December 04, 2025 at 01:45pm
Listed by:
Jessica Davis 612-850-1909,
Engel & Volkers Lake Minnetonka
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6807065
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Deck
Bedroom 1
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 2
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 3
- Level: Upper
- Area: 90 Square Feet
- Dimensions: 10x9
Deck
- Level: Main
- Area: 300 Square Feet
- Dimensions: 10x30
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 16x9
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Living room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Loft
- Level: Upper
- Area: 45 Square Feet
- Dimensions: 9x5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Basement: Block,Full,Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,008
- Total interior livable area: 2,008 sqft
- Finished area above ground: 1,196
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, No Int Access to Dwelling, Tandem
- Attached garage spaces: 2
- Details: Garage Dimensions (12x32)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck
- Pool features: None
- Fencing: Chain Link,Full
Lot
- Size: 9,583.2 Square Feet
- Dimensions: 81 x 116
- Features: Near Public Transit, Wooded
Details
- Additional structures: Storage Shed
- Foundation area: 812
- Parcel number: 3302824220123
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- 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
Community
- Subdivision: Forest Lawn 4th
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $363,400
- Annual tax amount: $4,206
- Date on market: 10/24/2025
- Cumulative days on market: 49 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Pending sale | $274,900$137/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6807065 Report a problem | ||
| 11/19/2025 | Price change | $274,900-5.2%$137/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807065 Report a problem | ||
| 10/24/2025 | Listed for sale | $289,900+82.3%$144/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6807065 Report a problem | ||
| 3/19/2015 | Listing removed | $159,000$79/sqft |
Source: CENTURY 21 Pastrana Realty, Inc. #4489328 Report a problem | ||
| 2/27/2015 | Pending sale | $159,000$79/sqft |
Source: CENTURY 21 Pastrana Realty, Inc. #4489328 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,206 +2.4% | $363,400 +18.6% |
| 2024 | $4,106 +7.7% | $306,300 +0.4% |
| 2023 | $3,813 +11.8% | $305,000 +2.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,698/mo
Principal & interest
$1343
Property taxes
$259
Home insurance
$96
Climate risks
Neighborhood: 55423
Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.1 mi
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