$494,000
SOLD JUL 21, 2025

7021 Penn Ave S Richfield, MN 55423

3 Beds
3.5 Baths
2,578 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

1% Below List Price

32 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Home Office
  • 2 Car Attached Garage
  • No HOA
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of July 2025

Immaculately kept, one-owner home in desirable location. The 2-story family room, the main floor master suite and main floor laundry allows for one-level living. Master bathroom and front entryway have in-floor electric heat. Two-car garage is insulated and heated. Lower level provides a large open area with egress window suitable for adding another bedroom. Ample storage throughout home from built-in features to large basement storage area with shelving. A backyard oasis contains a patio with pergola, flowers and plants throughout the entire backyard leading to an oversized shed/workspace with power and heating. Buyer to verify measurements.

Last Agent to Sell the Property

Brett Foss

Senior Life Management Listed on: 05/29/2025

Last Buyer's Agent

Taylor Erickson

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 1997

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x133.5
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Decorative Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • R24 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302824220130

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,471

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1685
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Storage Space, Sump Pump, Tile Shower
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Decorative, Gas, Insert, Living Room
  • Living Area: 2578
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 893
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Walk In Closet, Family Room, Office, Bathroom, Bedroom 2, Bedroom 3, Kitchen, Living Room, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Wood
  • Other Structures: Workshop, Storage Shed
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60x133.5
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 3302824220130
  • Tax Annual Amount: 6471
  • TaxWithAssessments: 6471.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 21, 2025
Sold by
Davenport Eileen Agnes
Bought by
Kasprick Kaitlin
Seller's Agent
Brett Foss
Senior Life Management
Buyer's Agent
Taylor Erickson
Real Broker, LLC
List Price
$499,900
Sold Price
$494,000
Premium/Discount to List
-$5,900
-1.18%
Views
58
Current Estimated Value
$496,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,750
Avg. Annual Appreciation
1.24%
Original Mortgage
$294,000
Outstanding Balance
$293,502
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$203,248

Purchase Details

Closed on
Sep 12, 1997
Sold by
Rock Port Homes Inc
Bought by
Davenport James L and Davenport Eileen A

Purchase Details

Closed on
Apr 4, 1997
Sold by
Home Associates Llc
Bought by
Rock Port Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $494,000 Premier Title
Warranty Deed $212,886 --
Warranty Deed $26,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 Sold $494,000 -1.2% $192 / Sq Ft
06/18/2025 06/18/25 For Sale $499,900 -- $194 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,471 $450,900 $138,600 $312,300
2023 $6,347 $458,200 $139,500 $318,700
2022 $5,159 $442,000 $140,000 $302,000
2021 $4,962 $365,000 $113,000 $252,000
2020 $4,915 $348,000 $105,000 $243,000
2019 $4,861 $331,000 $95,000 $236,000
2018 $4,816 $321,000 $87,000 $234,000
2017 $4,388 $299,000 $85,000 $214,000
2016 $4,286 $276,000 $77,000 $199,000
2015 $4,284 $279,000 $80,000 $199,000
2014 -- $259,000 $76,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6728589

NorthstarMLS

APN: 33-028-24-22-0130