Fall in love with this beautifully maintained Richfield gem featuring fantastic updates including renovated kitchen, new furnace, new water heater, and new roof! This home showcases gleaming hardwood floors throughout, a light and bright sun filled kitchen with stainless steel appliances, and a cozy living room with a wood-burning fireplace. Enjoy two main-level bedrooms plus a spacious upper-level primary with walk-in closet. The finished lower level offers a family room and plenty of storage. Outside, relax or entertain in the extra large fenced backyard, Full 2 car garage with large driveway for any additional parking needs. Conveniently located near 62, 494, and 35W for easy commute access. Minutes away from numerous parks, shopping, restaurants, and Woodlake Nature Center.
Closed
$359,900
7314 Penn Ave S, Richfield, MN 55423
3beds
1,514sqft
Single Family Residence
Built in 1948
9,147.6 Square Feet Lot
$361,500 Zestimate®
$238/sqft
$2,619 Estimated rent
Home value
$361,500
$333,000 - $390,000
$2,619/mo
Zestimate® history
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$2,619/mo
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$2,619/mo
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$2,261/mo
Est. payment
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$2,261/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Marcus J DeLosReyes 612-423-3346,
Coldwell Banker Realty - Lakes
Bought with:
Jacqueline Sandoval
National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6785249
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 290 Square Feet
- Dimensions: 29x10
Bedroom 2
- Level: Main
- Area: 150 Square Feet
- Dimensions: 12.5x12
Bedroom 3
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Other
- Level: Lower
- Area: 52.5 Square Feet
- Dimensions: 10.5x5
Family room
- Level: Lower
- Area: 317.75 Square Feet
- Dimensions: 20.5x15.5
Kitchen
- Level: Main
- Area: 195.75 Square Feet
- Dimensions: 14.5x13.5
Living room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 16.5x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Basement, Gas Dryer Hookup, Lower Level, Sink
Features
- Basement: Block,Finished,Full
- Number of fireplaces: 1
- Fireplace features: Brick, Living Room, Wood Burning
Interior area
- Total structure area: 1,514
- Total interior livable area: 1,514 sqft
- Finished area above ground: 1,099
- Finished area below ground: 415
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Full,Privacy,Wood
Lot
- Size: 9,147 sqft
- Dimensions: 75 x 124.57
- Features: Near Public Transit, Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 786
- Parcel number: 3202824140072
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Richfield
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Sold | $359,900$238/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6785249 Report a problem | ||
| 10/3/2025 | Pending sale | $359,900$238/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6785249 Report a problem | ||
| 10/1/2025 | Price change | $359,900-4%$238/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6785249 Report a problem | ||
| 9/24/2025 | Listed for sale | $374,900+127.2%$248/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6785249 Report a problem | ||
| 1/9/2009 | Sold | $165,000$109/sqft |
Source: Public Record Report a problem | ||
| 6/1/2008 | Sold | $165,000-27%$109/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1304292 Report a problem | ||
| 6/21/2004 | Sold | $225,900+133.9%$149/sqft |
Source: Public Record Report a problem | ||
| 9/24/1997 | Sold | $96,600$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,116 -3.1% | $296,300 -0.7% |
| 2024 | $4,249 +13.2% | $298,500 -4.5% |
| 2023 | $3,753 +9.7% | $312,500 +7% |
| 2022 | $3,420 +5.9% | $292,000 +16.3% |
| 2021 | $3,229 +1.4% | $251,000 +6.4% |
| 2020 | $3,184 -1.4% | $236,000 +5.4% |
| 2019 | $3,229 +1.4% | $224,000 +4.2% |
| 2018 | $3,184 +12.4% | $215,000 +22.9% |
| 2017 | $2,832 +19.4% | $175,000 +2.9% |
| 2016 | $2,373 -3.1% | $170,000 +4.9% |
| 2015 | $2,450 +7.5% | $162,000 +6.6% |
| 2014 | $2,279 -2.1% | $152,000 -1.3% |
| 2013 | $2,329 -11% | $154,000 -13% |
| 2012 | $2,618 +0.4% | $177,000 -2.7% |
| 2011 | $2,608 +1.6% | $182,000 -7.6% |
| 2010 | $2,566 +9.3% | $197,000 +1% |
| 2009 | $2,349 +11.2% | $195,000 +9.1% |
| 2006 | $2,113 +23.7% | $178,700 +15% |
| 2005 | $1,708 +11.7% | $155,400 +14.9% |
| 2004 | $1,529 +13% | $135,200 +11.9% |
| 2002 | $1,353 -47.1% | $120,800 |
| 2001 | $2,557 | -- |
Find assessor info on the county website
Neighborhood: 55423
Nearby schools
GreatSchools rating
- 7/10Sheridan Hills Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 4/10Richfield Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Richfield Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$361,500
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Estimated market value
$361,500
- Minnesota
- Hennepin County
- Richfield
- 55423
- 7314 Penn Ave S
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