$268,000

7335 Penn Ave S Richfield, MN 55423

$3,183
Closing credit¹
3 beds
1 full
1,061 sqft
$253 / sqft
House

Property details

About 7335 Penn Ave S

Back to ACTIVE! Buyers' financing fell through. No inspection. Opportunity knocks. Lender Owner. Selling "AS IS". Lender will make no repairs. A great opportunity to purchase for a rental, flip or renovate for yourself. Features hardwood floors, large kitchen, 3rd bedroom is a flex room which could be an office or work out room. Large lot is a plus. Double detached garage. Located in Richfield with easy access to freeways, dining, entertainment. Hurry for this one. It won't last long.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,061 sqft
BasementYes
Year built1959
ParkingDetached
MLS #6699278
Garage2 spaces

Summary

  • Full Bathrooms: 1
  • Appliances: None
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $268,000
  • Price/SqFt: $252
  • HOA Amount: $0
  • Annual Tax Amount: $5,208
  • Tax Year: 2023
  • Lot: Few Trees
  • Directions: 494 to Penn north to property
  • Year Built: 1959
  • Living Area: 1,061 SqFt
  • MLS Number: 6699278
  • MLS Name: NORTHSTAR
  • Office Name: Coldwell Banker Realty

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Last updated on: 5/28/2025, 7:22:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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7335 Penn Ave S, Richfield, MN 55423 - view of front facade with entry steps and stucco siding

$268,000

7335 Penn Ave S

$3,183

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 31, 2019
Home Sold
$239,000

Tax history

YearAssessmentProperty Tax
2023$296,500$5,208
2022$292,000$4,767
2021$245,000$4,179
2020$228,000$3,777
2019$202,560$3,095
2018$186,210$2,917
2017$175,310$2,936

History based on county public records data.

Nearby schools

7

Seven Hills Preparatory Academy Lower Elementary School

Public Charter KG-5

0.6 mi

1401 W 76th St

5

Sheridan Hills Elementary

Public District KG-5

1.2 mi

6400 Sheridan Ave S

4

Washburn Elementary School

Public District KG-5

1.4 mi

8401 Xerxes Ave S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,944. Most Richfield, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

37%
<35k
55%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
11%
Single, with Kids
21%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7335 Penn Ave S

The listing price of 7335 Penn Ave S property is $268,000.

The property 7335 Penn Ave S is a house located in Richfield, Minnesota, 55423.

Active Listing: 7335 Penn Ave S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7335 Penn Ave S are: Seven Hills Preparatory Academy Lower Elementary School (GreatSchools Rating 7/10), Sheridan Hills Elementary (GreatSchools Rating 5/10), Washburn Elementary School (GreatSchools Rating 4/10), 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 $5,208 (source: MLS/based on county public records data).

The last sale was on May 31, 2019 for $239,000 (source: MLS/tax record).

The property at 7335 Penn Ave S has 3 bedrooms and 1 bathroom.

The property 7335 Penn Ave S is 1,061 SqFt (source: MLS/tax record).

The year of construction for 7335 Penn Ave S is 1959.

This home is located at 7335 Penn Ave S in Richfield, MN and zip code 55423. This 1,061 square foot home was built in 1959. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $268,000.

In April 2025, from all listings sold in Richfield, MN there were more than 20 sold above asking price, over 6 sold below and more than 4 were sold right at the asked 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.

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