1 day on Rocket
$6,234 Closing Credit¹
#6729869, Listing Office: National Realty Guild
$499,900 List price
7021 Penn Ave S Richfield, MN 55423
$5,936
Closing credit¹
3 beds
2 full, 1 partial
2,578 sqft
$194 / sqft
House
Property details
About 7021 Penn Ave S
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.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusComing Soon
CoolingCentral Air
Size2,578 sqft
BasementYes
Year built1997
ParkingAttached Garage
MLS #6728589
Attached garage2 spaces
FireplaceDecorative, Gas, Insert, Living Room
Active DateJune 18, 2025
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Basement: Yes
- Fireplace: Decorative, Gas, Insert, Living Room
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage
- Heating: Forced Air
- Cooling: Central Air
- List Price: $499,900
- Price/SqFt: $193
- HOA Amount: $0
- Annual Tax Amount: $6,346
- Tax Year: 2023
- Lot: Few Trees
- Directions: Go north on Penn Avenue South off of 494.
- Year Built: 1997
- Living Area: 2,578 SqFt
- MLS Number: 6728589
- MLS Name: NORTHSTAR
- Office Name: Senior Life Management
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2025, 12:52:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$499,900
7021 Penn Ave S
$5,936
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $458,200 | $6,346 |
| 2022 | $442,000 | $5,841 |
| 2021 | $365,000 | $5,159 |
| 2020 | $348,000 | $4,962 |
| 2019 | $323,550 | $4,914 |
| 2018 | $312,650 | $4,860 |
| 2017 | $289,760 | $4,815 |
History based on county public records data.
Nearby schools
5
Sheridan Hills Elementary
Public District KG-5
0.8 mi
•6400 Sheridan Ave S
7
Seven Hills Preparatory Academy Lower Elementary School
Public Charter KG-5
0.9 mi
•1401 W 76th St
7
Cornelia Elementary School
Public District KG-5
1.4 mi
•7000 Cornelia Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $105,263. The most common annual income of people living in Richfield, MN is between $100k-200k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
7%
<35k
38%
35k-100k
53%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
6%
Single, with Kids
34%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Tennis
Hiking/backpacking
Where do the neighbors shop?
Chico's
IKEA
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Chipotle
Bonefish Grill
What do the neighbors drive?
Volvo
Jeep
Mazda
What do the neighbors listen to?
Talk/Personality
Alternative
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
Coming soon
$5,344 Closing Credit¹
#6729224, Listing Office: Coldwell Banker Realty
$3,907 Closing Credit¹
#6724605, Listing Office: National Realty Guild
2 days on Rocket
$4,630 Closing Credit¹
#6713400, Listing Office: Keller Williams Realty Integrity Lakes
$3,741 Closing Credit¹
#6712590, Listing Office: Bridge Realty, LLC
$2,434 Closing Credit¹
#6698153, Listing Office: Coldwell Banker Realty
$3,183 Closing Credit¹
#6699278, Listing Office: Coldwell Banker Realty
Frequently asked questions
About 7021 Penn Ave S
The listing price of 7021 Penn Ave S property is $499,900.
The property 7021 Penn Ave S is a house located in Richfield, Minnesota, 55423.
Coming Soon: 7021 Penn Ave S is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 7021 Penn Ave S are: Sheridan Hills Elementary (GreatSchools Rating 5/10), Seven Hills Preparatory Academy Lower Elementary School (GreatSchools Rating 7/10), Cornelia Elementary School (GreatSchools Rating 7/10), Richfield Middle School (GreatSchools Rating 3/10), Seven Hills Preparatory Academy Upper (GreatSchools Rating 5/10), Scitech Academy Middle School (GreatSchools Rating 1/10), South Education Center Academy (GreatSchools Rating 1/10), Richfield High School (GreatSchools Rating 5/10), Edina High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $6,346 (source: MLS/based on county public records data).
The property at 7021 Penn Ave S has 3 bedrooms and 2 full and 1 half bathrooms.
The property 7021 Penn Ave S is 2,578 SqFt (source: MLS/tax record).
The year of construction for 7021 Penn Ave S is 1997.
This home is located at 7021 Penn Ave S in Richfield, MN and zip code 55423 in the Forest Lawn neighborhood. This 2,578 square foot home was built in 1997. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $499,900.
Over 20 listings were sold over their listed price in April 2025 in Richfield, MN. In the same period over 6 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Richfield, MN between March and April 2025 increased by 21.6%. The median list price of listings available in April 2025 was $367,500, while the average time on the real estate market was 17 days.
From Rocket Homes Real Estate and based on county public records data.