Sold / Closed
$290,500

Sold price · Closed Sep 15, 2026

7508 Washburn Avenue S, Richfield, MN, 55423

2  Bedrooms1  Bathroom1,113  Square Feet0.23  Acres
Days on market11
Year built1949
Garage spaces2
Potential $4,950buyer credit when you buy with SODL

About this home

This charming home offers the perfect blend of move-in-ready comfort and future potential! This well-maintained 2-bedroom, 1-bath home features a bright, functional layout, a spacious three-season porch for relaxing or entertaining, and a newer roof for added peace of mind. The unfinished basement provides an excellent opportunity to add a third bedroom and expand the finished living space, making it easy to build equity over time. Conveniently located near parks, shopping, restaurants, and major highways, this home is a fantastic opportunity for first-time buyers, downsizers, or anyone looking to put their own finishing touches on a solid home.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1949
LevelsOne
Living area1,113 sqft
Above-grade finished734 sqft
Below-grade finished379 sqft
Lot size0.23 acres (75X133)
Days on market11
ListedJul 31, 2026
MLS #NST7119461
CountyHennepin
SubdivisionPenn Lake Terrace 2nd Add
Parcel #3202824420082

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One
Garage
2 spaces · 440 sqft
Parking features
Attached Garage
Patio & porch
Patio
Exterior features
Stucco
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block, Permanent · 734 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
1949

Utilities

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

Community & HOA

Subdivision
Penn Lake Terrace 2nd Add
HOA
No HOA
School district
280 - Richfield
High school district
Richfield

Financial & listing details

Annual tax
$3,588 (2026)
Listed
Jul 31, 2026
Days on market
11
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementBlock, Full, Partially Finished
HeatingForced Air
CoolingCentral Air
LaundryIn Basement
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
DiningEat In Kitchen
AmenitiesCeiling Fan(s), Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Patio, Sun Room, Washer/Dryer Hookup
AccessibilityNone
Special featuresMain Floor Bedroom

Exterior & lot

ExteriorStucco
RoofAge 8 Years or Less, Asphalt
FoundationBlock, Permanent
Foundation area734 sqft
Patio/porchPatio
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage
Garage spaces2
Garage size440 sqft

Financial details

Annual taxes$3,588
Tax year2026
Taxes w/ assessments3588
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District280 - Richfield
District number280
District phone6127986010
High schoolRichfield
SODL flat fee brokerage
$4,950Estimated buyer credit
SODL platform fee $3,000Your buyer credit $4,950

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

$1,780/mo
Principal & interest$1,393
Property taxes$299
Home insurance (est.)$88
%
$53,000
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

7508 Washburn Avenue S, Richfield, MN, 55423

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Listing information

MLS #NST7119461
Last reported MLS statusClosed
MLS record updatedSep 17, 2026, 4:18 PM
Originally listedJul 31, 2026, 10:58 AM
Listing officeReal Broker, LLC
Co-listing officeReal Broker, LLC

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.