2 months on rocket

6900 Penn Ave S, Richfield, MN, 55423

$675,000

Home List Price

$8,016*

Closing Credit

5 Bedrooms
1 Full Bath
2,755 SqFt
$245/SqFt
House
Schools Nearby

Location

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6900 Penn Ave S, Richfield$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Detached
Attached Garage4 spaces
Year Built1946
HeatingSteam
CoolingWall Unit(s)
BasementYes
FireplaceFamily Room, Living Room, Stone, Wood Burning
MLS #6488298
StatusActive

About 6900 Penn Ave S

Rare opportunity to own a large home on a double lot in Richfield! 5 bedrooms! High end finishes throughout the home including new premium top of the line doors & windows (all sound proof). Enjoy beautiful porcelain tiles & wood floors! This block of Penn Ave S. is zoned both residential and commercial so a perfect opportunity to run your business out or your home! Newer plumbing and electrical with 200 amp in home and 100 amp in the garage! Attached oversized 2+ garage measures 27' x 25' and so many possibilities with a 2nd detached garage that measures 24' x 22'. The lower level is ready for your finishing touches! This home has so much to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Living Area: 2,755 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Family Room, Living Room, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Detached

Lot Features

Lot Information:

  • Lot: Corner Lot, Some Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Richfield High School, Public District Grades 9-12
  • Richfield Middle School, Public District Grades 6-8
  • Sheridan Hills Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: 494 to Penn Ave S go north to 69th turn left (west) then left into the alley to park in driveway or 62 to Penn Ave S go south to 69th turn right on 69th and left into ally to park in driveway. Home is on the corner of Penn & 69th on the West side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $245/SqFt

Tax Information:

  • Annual Amount: $4,115
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Richfield, MN.

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Richfield, MN

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$204

Avg. Days On Market

29

# of Sold Homes

25

6900 Penn Ave S vs Richfield

76 DAYS ON ROCKET

+47 Days

$675,000

+$335.6K More

$245/SqFt

+$40 More

KEY TAKEAWAY

This property is $335.6K more than the Median Sold Price and $40/SqFt more than other homes in Richfield, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6488298

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

Listing History

May 23, 2000Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,115$294,000
2019$4,160$273,410
2018$4,023$258,150
2017$4,100$246,160

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2928936
5
/10

  • Sheridan Hills Elementary

  • 6400 Sheridan Ave S

  • 0.64 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2928937
3
/10

  • Richfield Middle School

  • 7461 Oliver Ave S

  • 0.68 miles

  • Public District Grades 6-8

High School

school-card-donut-2928938
3
/10

  • Richfield High School

  • 7001 Harriet Ave

  • 1.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,126. The majority of Richfield, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6900 Penn Ave S

What is the listing price of this property?

The listing price of 6900 Penn Ave S property is $675,000.

What type of property is this?

The property 6900 Penn Ave S is a house located in Richfield, Minnesota, 55423.

Is this property for sale now?

Active Listing: 6900 Penn Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6900 Penn Ave S are:
Sheridan Hills Elementary: GreatSchools Rating 5/10
Richfield Middle School: GreatSchools Rating 3/10
Richfield High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,115 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 23, 2000 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6900 Penn Ave S has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6900 Penn Ave S is 2,755 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6900 Penn Ave S is 1946.

Rocket Homes›Minnesota›Hennepin County›Richfield›55423›6900 Penn Ave S

This home is located at 6900 Penn Ave S in Richfield, MN and zip code 55423 in the Lincoln Hills / Wood Lake Highlands neighborhood. This 2,755 square foot home was built in 1946. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $675,000.

While more than 16 listings in Richfield, MN in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The number of listings in Richfield, MN increased by 22.9% between February 2024 and March 2024. Listings spent 29 days on the market in March 2024, and had a median list price of $339,400 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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