Unlock the potential in this diamond-in-the-rough that's walkable to France Avenue’s shops, dining, and amenities. Newer roof and cement fiber siding. This property is a great renovation opportunity—ideal for investors, flippers, or handy homeowners looking to build sweat equity. With easy access to Hwy 62, 35W, and 494, commuting around the metro is a breeze. Whether you're looking to restore and resell or create your dream home from the studs up, this is the perfect canvas in a highly desirable location. Sold as-is. Bring your vision and make it shine!
Closed
$310,000
7109 Penn Ave S, Richfield, MN 55423
3beds
1,696sqft
Single Family
Built in 1958
0.25 Acres Lot
$309,900 Zestimate®
$183/sqft
$3,032 Estimated rent
Home value
$309,900
$285,000 - $338,000
$3,032/mo
Zestimate® history
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$1,947/mo
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Zillow last checked:
Listing updated:
Listed by:
Austin C Eaton III 612-430-5494,
Real Broker, LLC
Bought with:
Kerby & Cristina Real Estate Experts
RE/MAX Results
Mariette Thibaudeau
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6719197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Family room
- Level: Main
- Area: 403 Square Feet
- Dimensions: 31x13
Family room
- Level: Lower
- Area: 154 Square Feet
- Dimensions: 11x14
Flex room
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 10x11
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9x11
Living room
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,316
- Total interior livable area: 1,696 sqft
- Finished area above ground: 1,392
- Finished area below ground: 304
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Fencing: Partial
Lot
- Size: 0.25 Acres
- Dimensions: 94 x 116
Details
- Foundation area: 1102
- Parcel number: 3302824220126
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- 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: $183/sqft
- Tax assessed value: $393,800
- Annual tax amount: $4,950
- Date on market: 5/23/2025
- Cumulative days on market: 2 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | $310,000+3.3%$183/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6719197 Report a problem | ||
| 5/31/2025 | Pending sale | $300,000$177/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6719197 Report a problem | ||
| 5/28/2025 | Listed for sale | $300,000+103.7%$177/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6719197 Report a problem | ||
| 5/16/2025 | Sold | $147,251$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,062 +15.1% | $393,800 +11.3% |
| 2024 | $5,265 +5.5% | $353,800 0% |
| 2023 | $4,990 +6.6% | $353,900 +1.4% |
| 2022 | $4,683 +1.8% | $349,000 +14.8% |
| 2021 | $4,602 +15.2% | $304,000 +3.8% |
| 2020 | $3,996 -13.2% | $293,000 +6.5% |
| 2019 | $4,602 +15.2% | $275,000 +1.9% |
| 2018 | $3,996 +6.8% | $270,000 +13.4% |
| 2017 | $3,742 +10.5% | $238,000 +11.7% |
| 2016 | $3,387 +6.4% | $213,000 -1.8% |
| 2015 | $3,183 -0.9% | $217,000 +13% |
| 2014 | $3,212 +0.6% | $192,000 -4.5% |
| 2013 | $3,194 +1.5% | $201,000 -3.4% |
| 2012 | $3,148 +3% | $208,000 -1.4% |
| 2011 | $3,056 -3.8% | $211,000 -12.1% |
| 2010 | $3,177 +1.6% | $240,000 -5.1% |
| 2009 | $3,126 +25.8% | $253,000 +16.9% |
| 2006 | $2,485 +16.8% | $216,500 +15% |
| 2005 | $2,128 +11.3% | $188,300 +15% |
| 2004 | $1,911 -2.2% | $163,800 +12% |
| 2002 | $1,953 -40.8% | $146,300 |
| 2001 | $3,300 | -- |
Find assessor info on the county website
Neighborhood: 55423
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Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$309,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$309,900
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7109 Penn Ave S
Nearby cities
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