$310,000
SOLD JUL 3, 2025

7109 Penn Ave S Richfield, MN 55423

3 Beds
2.5 Baths
1,696 Sq Ft
0.25 Acres

Recently Sold

$183 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Family Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of July 2025

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!

Last Agent to Sell the Property

Austin Eaton

Real Broker, LLC Listed on: 05/23/2025

Real Broker, LLC

Last Buyer's Agent

Kerby Skurat

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,950

Year Built

  • Built in 1958

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 94x116
  • Partially Fenced Property

Parking

  • 2 Car Garage

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Forest Lawn 4Th Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3302824220126

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,950

Year Built

Built in 1958

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
  • Water Source: City Water/Connected
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 1392
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Living Area: 1696
  • Fireplace: No
  • Below Grade Finished Sq Ft: 304
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Living Room, Family Room, Flex Room

Beds/Baths

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

Exterior Features

  • Fencing: Partial

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Richfield
  • SchoolDistrictNumber: 280
  • SchoolDistrictPhone: 612-798-6010

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 94x116
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3302824220126
  • Tax Annual Amount: 4950
  • TaxWithAssessments: 6062.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jul 3, 2025
Sold by
Blue Barn Homes Llc
Bought by
Alvarado Azucena and Riera Angel M
Seller's Agent
Austin Eaton
Real Broker, LLC
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.41%
Original Mortgage
$300,700
Outstanding Balance
$300,700
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$1,510

Purchase Details

Listed on
May 23, 2025
Closed on
May 8, 2025
Sold by
Doll Ronald A
Bought by
Blue Barn Homes Llc
Seller's Agent
Austin Eaton
Real Broker, LLC
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Outstanding Balance
$300,700
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$1,510
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $310,000 Clear Skye Title
Personal Reps Deed $135,000 Clear Skye Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,700 New Conventional
Previous Owner $375,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $310,000 +3.3% $183 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $300,000 -- $177 / 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
2023 $5,265 $353,900 $147,300 $206,600
2022 $4,683 $349,000 $147,000 $202,000
2021 $4,602 $304,000 $119,000 $185,000
2020 $3,996 $293,000 $111,000 $182,000
2019 $4,006 $275,000 $101,000 $174,000
2018 $3,742 $270,000 $92,000 $178,000
2017 $3,387 $238,000 $89,000 $149,000
2016 $3,183 $213,000 $81,000 $132,000
2015 $3,212 $217,000 $85,000 $132,000
2014 -- $192,000 $80,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6719197

NorthstarMLS

APN: 33-028-24-22-0126