Sold / Closed
$334,900

Sold price · Closed Jun 12, 2026

7401 Russell Avenue S, Richfield, MN, 55423

3  Bedrooms1  Bathroom1,448  Square Feet0.14  Acres
Days on market19
Year built1950
Garage spaces2
Potential $7,050buyer credit when you buy with SODL

About this home

Classic Richfield bungalow blending timeless character with modern updates. The inviting living room showcases original hardwood floors, elegant coved ceilings, and a large picture window that floods the space with natural light. The updated kitchen is outfitted with stainless steel appliances and offers the perfect balance of style and function for everyday meals or entertaining. Upstairs, a generously sized owner's suite provides a private retreat tucked away from the main living areas. Downstairs, the finished lower level is a true highlight, featuring a spacious family room anchored by a cozy gas fireplace, ideal for movie nights, game days, or relaxed evenings in. A large laundry and utility room offers ample storage space to keep everything organized. Step outside to a fenced backyard built for entertaining, complete with a large deck perfect for summer cookouts, morning coffee, or hosting friends and family. A detached 2-car garage adds convenience and extra storage. Recent improvements include a new AC unit and new main line sewer liner all the way to city connection in the Fall of 2025! Situated in a sought-after Richfield neighborhood close to parks, shopping, dining, and just minutes from Minneapolis and MSP airport. Move-in ready and full of warmth, this one checks all the boxes!

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1950
LevelsOne and One Half
Living area1,448 sqft
Above-grade finished1,088 sqft
Below-grade finished360 sqft
Lot size0.14 acres (46x135)
Days on market19
ListedApr 24, 2026
MLS #NST7061855
CountyHennepin
SubdivisionPenn Lake Terrace 1st Add
Parcel #3202824410028

Facts & features

Interior

Bedrooms
3
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dryer, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One and One Half
Garage
2 spaces · 576 sqft
Parking features
Detached Garage, Concrete
Patio & porch
Deck
Exterior features
Shakes
Fencing
Full, Wood

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 360 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1950

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Penn Lake Terrace 1st Add
HOA
No HOA
School district
280 - Richfield
High school district
Richfield

Financial & listing details

Annual tax
$4,149.26 (2025)
Listed
Apr 24, 2026
Days on market
19
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementDaylight/Lookout Windows, Finished, Full
HeatingForced Air
CoolingCentral Air
Fireplaces1
AppliancesDryer, Range, Refrigerator, Washer, Water Softener Owned
DiningEat In Kitchen
AccessibilityNone
Special featuresMain Floor Bedroom

Exterior & lot

ExteriorShakes
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area360 sqft
Patio/porchDeck
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete
Garage spaces2
Garage size576 sqft

Financial details

Annual taxes$4,149.26
Tax year2025
Taxes w/ assessments4149.26
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District280 - Richfield
District number280
District phone6127986010
High schoolRichfield
SODL flat fee brokerage
$7,050Estimated buyer credit
SODL platform fee $3,000Your buyer credit $7,050

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,218/mo
Principal & interest$1,761
Property taxes$346
Home insurance (est.)$112
%
$66,998
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

7401 Russell Avenue S, Richfield, MN, 55423

Comparable homes

Listing information

MLS #NST7061855
Last reported MLS statusClosed
MLS record updatedJun 12, 2026, 9:33 PM
Originally listedApr 30, 2026, 12:00 AM
Listing officeRE/MAX Results

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.