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Commercial > Multi-family / Apartments
Sold
07/17/2019
Sold Price
$2,090,000$--/ft²

7421 S Penn Ave
Richfield, MN 55423

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 6,534
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1960
    Year Built
  • -
    DOM
  • 11
    Permits
Malobo BannerMalobo Banner Square
7421 S Penn Ave, Richfield, MN 55423 is a multi-family/apartments property built in 1960 on a 0.150 acre lot with 11 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2019 for $2,090,000.

    Permits

    7421 S Penn Ave has 11 permit records.

    Permit History
    11
    Permits

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$20,759.48
      From latest Total Assessed Value1.7%
      Total Assessed Value$1,220,000
      =
      Land
      Assessed Value      $132,000
      +
      Additions
      Assessed Value      $1,088,000

      • In 2023, taxes billed for 7421 S Penn Ave were $20,759.48, which is 1.70% from latest Total Assessed Value of $1,220,000.

    Property History

    7421 S Penn Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7421 S Penn Ave

    • Hazard Risks

      Tornado
      127
      Carb Mono
      126
      Nat'l Avg
      100
      Hail
      93
      Ozone
      93
      Air Pollution
      88
      Lead
      80
      Particulates
      80
      Wind
      71
      Weather
      60
      Earthquake
      13
      Hurricane
      0

      • 11 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 7421 S Penn Ave.

      Walkability Index

      14 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      7421 S Penn Ave has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      17 °F

      Low

      8°F

      High

      26°F

      Summer
      Average

      71 °F

      Low

      60°F

      High

      81°F

      In the winter at 7421 S Penn Ave, temperatures range from 7.58°F to 25.83°F with an average of 16.71°F. In the summer, the temperature ranges from 59.69°F to 81.48°F with and average of 70.59°F.

    School Information

    Public/private schools serving 7421 S Penn Ave

      Public Schools

      Richfield High School
      Grades: 9-12
      1.26  mi
      D+
      Sheridan Hills Elementary
      Grades: KG-5
      1.28  mi
      C
      Richfield Middle School
      Grades: 6-8
      0.13  mi
      D
      Bloomington-Richfield Early Learning Services
      Grades: EE-PK
      1.17  mi
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 7421 S Penn Ave have ratings undefined, undefined, undefined, and undefined.

    Neighborhood

    This property is located in Southwest Richfield, Richfield, MN 55423.

      Crime Index for 55423

      90

      Below national average
      90

      The crime index in 55423 is 90, which is 0.9 times lower than national average.

    • Seasonal Housing units 55423

      4%

      of housing is for seasonal rent.

      Daytime Population for 55423

      +15%

      of people during work hours.

    Market Trends

    Historical market data near 7421 S Penn Ave over selected time period.

    Nearby Properties on Penn Ave

    USAMNHennepin CountyRichfieldPenn Ave