7515 Penn Ave S Richfield, MN 55423
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.*
Home Values in the Area
Average Home Value in this Area
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 |
Map
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Ask me questions while you tour the home.