Pending

$265,000

7508 Washburn Ave S, Richfield, MN 55423

2beds

1,113sqft

$1,683/mo

Get pre-qualified

Single Family

Built in 1949

10,018 Square Feet Lot

$270,500 Zestimate^®

$238/sqft

$-- HOA

What's special

Bright functional layoutNewer roof

This charming home offers the perfect blend of move-in-ready comfort and future potential! This well-maintained 2-bedroom, 1-bath home features a bright, functional layout, a spacious three-season porch for relaxing or entertaining, and a newer roof for added peace of mind. The unfinished basement provides an excellent opportunity to add a third bedroom and expand the finished living space, making it easy to build equity over time. Conveniently located near parks, shopping, restaurants, and major highways, this home is a fantastic opportunity for first-time buyers, downsizers, or anyone looking to put their own finishing touches on a solid home.

33 days
606
25

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Main
Area: 121 Square Feet
Dimensions: 11x11

Bedroom 2

Level: Main
Area: 99 Square Feet
Dimensions: 11x9

Family room

Level: Lower
Area: 252 Square Feet
Dimensions: 28x9

Kitchen

Level: Main
Area: 104 Square Feet
Dimensions: 13x8

Living room

Level: Main
Area: 198 Square Feet
Dimensions: 18x11

Other

Level: Main
Area: 260 Square Feet
Dimensions: 20x13

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry: In Basement

Features

Basement: Block,Full,Partially Finished
Has fireplace: No

Interior area

Total structure area: 1,440
Total interior livable area: 1,113 sqft
Finished area above ground: 734
Finished area below ground: 379

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Patio
Pool features: None
Fencing: Privacy,Wood

Lot

Size: 10,018 Square Feet
Dimensions: 75 x 133

Details

Foundation area: 734
Parcel number: 3202824420082
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block
Roof: Age 8 Years or Less,Asphalt

Condition

New construction: No
Year built: 1949

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Penn Lake Terrace 2nd Add

HOA

Has HOA: No

Location

Region: Richfield

Financial & listing details

Price per square foot: $238/sqft
Tax assessed value: $260,000
Annual tax amount: $3,588
Date on market: 7/31/2026
Cumulative days on market: 34 days

Estimated market value

$270,500

$257,000 - $284,000

$2,354/mo

Price history

Date	Event	Price
8/11/2026	Pending sale	$265,000$238/sqft
Source: NorthstarMLS as distributed by MLS GRID #7119461 Report a problem
7/31/2026	Listed for sale	$265,000+74.9%$238/sqft
Source: NorthstarMLS as distributed by MLS GRID #7119461 Report a problem
2/26/2002	Sold	$151,500+44.3%$136/sqft
Source: Public Record Report a problem
5/29/1998	Sold	$105,000$94/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,678 -4.9%	$260,000 -4%
2024	$3,869 +17%	$270,800 -5.7%
2023	$3,308 +12%	$287,300 +10.1%
2022	$2,953 +3.1%	$261,000 +18.1%
2021	$2,866 -3.5%	$221,000 +3.8%
2020	$2,970 +3.6%	$213,000 +0.9%
2019	$2,866 -3.5%	$211,000 +8.2%
2018	$2,970 +16%	$195,000 +16.8%
2017	$2,561 +14.3%	$167,000 +3.7%
2016	$2,241 -2.2%	$161,000 +5.2%
2015	$2,291 +7.9%	$153,000 +5.5%
2014	$2,123 -0.8%	$145,000 +0.7%
2013	$2,139 -12.3%	$144,000 -13.8%
2012	$2,438 +1.1%	$167,000 -1.8%
2011	$2,412 +3%	$170,000 -6.6%
2010	$2,342 +7.4%	$182,000 -0.5%
2009	$2,181 +16.2%	$183,000 +8.3%
2006	$1,877 +7.6%	$169,000 +7%
2005	$1,744 +7.3%	$158,000 +11.3%
2004	$1,625 +12.8%	$142,000 +12%
2002	$1,440 -52.7%	$126,800
2001	$3,047	--