NOT LISTED FOR SALE

7515 Penn Ave S Richfield, MN 55423

1 Bed
1 Bath
608 Sq Ft
-- Built

About This Home

Experience urban living at its finest in this 1-bedroom apartment, perfectly positioned just one block from Best Buy Corporate Office. This unit offers lots of natural light through generous windows, creating a warm and inviting atmosphere throughout.

The thoughtfully designed layout features an inviting eat-in kitchen, perfect for both casual dining and entertaining. Storage worries are a thing of the past with abundant in-unit closet space plus your own dedicated storage unit – ideal for bikes, seasonal items, or extra belongings.

Convenience meets comfort with:
- Reserved off-street parking
- Prime location near Rainbow, Target, and Southtown Mall, the Airport, Best Buy and more
- Easy access to public transportation
- Cat-friendly community (additional fees apply)

*Utilities not included. $40 application fee per person.*

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2026 03/10/26 Off Market $950 -- --
02/02/2026 02/02/26 Price Changed $950 -2.6% $2 / Sq Ft
01/16/2026 01/16/26 Price Changed $975 +2.6% $2 / Sq Ft
12/29/2025 12/29/25 Price Changed $950 -2.6% $2 / Sq Ft
10/28/2025 10/28/25 Price Changed $975 -2.0% $2 / Sq Ft
10/09/2025 10/09/25 Price Changed $995 0.0% $2 / Sq Ft
10/09/2025 10/09/25 For Rent $995 +2.1% --
09/10/2025 09/10/25 Off Market $975 -- --
07/10/2025 07/10/25 Price Changed $975 -2.5% $2 / Sq Ft
06/16/2025 06/16/25 Price Changed $1,000 +0.5% $2 / Sq Ft
05/09/2025 05/09/25 Price Changed $995 -0.5% $2 / Sq Ft
05/02/2025 05/02/25 Price Changed $1,000 -2.4% $2 / Sq Ft
04/22/2025 04/22/25 Price Changed $1,025 +2.5% $2 / Sq Ft
03/31/2025 03/31/25 Price Changed $1,000 -4.8% $2 / Sq Ft
03/22/2025 03/22/25 Price Changed $1,050 +5.0% $2 / Sq Ft
02/12/2025 02/12/25 Price Changed $1,000 +2.6% $2 / Sq Ft
01/14/2025 01/14/25 Price Changed $975 -2.5% $2 / Sq Ft
12/10/2024 12/10/24 For Rent $1,000 0.0% --
11/09/2024 11/09/24 Off Market $1,000 -- --
06/19/2024 06/19/24 For Rent $1,000 0.0% --
03/15/2024 03/15/24 Price Changed $1,000 0.0% $2 / Sq Ft
03/15/2024 03/15/24 For Rent $1,000 +5.3% --
08/21/2023 08/21/23 Price Changed $950 0.0% $2 / Sq Ft
08/21/2023 08/21/23 For Rent $950 0.0% --
06/26/2023 06/26/23 For Rent $950 -- --

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 $18,380 $1,030,000 $132,000 $898,000
2023 $18,275 $1,074,000 $132,000 $942,000
2022 $17,032 $1,064,000 $132,000 $932,000
2021 $17,195 $964,000 $132,000 $832,000
2020 $16,559 $960,000 $132,000 $828,000
2019 $14,560 $885,000 $132,000 $753,000
2018 $14,451 $762,000 $132,000 $630,000
2017 $12,510 $666,000 $132,000 $534,000
2016 $12,119 $606,000 $132,000 $474,000
2015 $10,730 $543,000 $132,000 $411,000
2014 -- $543,000 $132,000 $411,000
Source: Public Records

Map

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