About This Home

This 3-bedroom, 2-bathroom, 1,991-square-foot single-family home offers a rambler layout in Richfield’s Penn Lake Terrace 1st Add. Built in 1955, the home sits on a 0.23-acre lot and includes a 4-season sunroom that adds flexible gathering or relaxation space.

A finished basement provides additional usable area. The fully fenced backyard offers room for pets, play, and outdoor entertaining. The kitchen includes a cooktop, dishwasher, refrigerator, and stainless steel appliances, while laundry appliances include a washer and dryer.

Central air provides cooling, and forced-air heating supports year-round comfort. Located in Richfield, the property is near Wood Lake Nature Center and I-494. The home is offered at $365,000 and combines its established 1955 construction with practical updates and versatile interior and exterior spaces.

Key Features

  • Built in 1955
  • 0.23 acre lot

Property Details

1 full
2-car garage
1955

Amenities

A/C
Listing Description

Welcome home! Don't miss this beautiful 3-bedroom, 2-bathroom rambler with a stunning 4-season sunroom and finished basement. This home features a fully fenced backyard perfect for pets, play and entertaining. Unbeatable location near Wood Lake Nature Center and I-494.

Monthly Cost Estimate

$1,952/mo

20% down · 6.5% · 30 years

Principal$264
Interest$1,582
Insurance$106

Estimates only. Actual payments may vary.

Location

7520 Thomas Avenue S

Richfield, MN 55423

Penn Lake Terrace 1st Add

Property Details

Construction

Frame

Outdoor Features

DeckPatio

Parking

DrivewayGarage - Detached

Heating

Forced Air

Cooling

Central Air

Appliances

CooktopDishwasherDryerRefrigeratorStainless Steel AppliancesWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 7520 Thomas Avenue S is listed at $365,000 ($183/sqft). The estimated monthly payment is $1,952 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 0.23 acre lot.

This property is listed by Bruce A Nelson and can be reached at (952) 368-0021.

BN

Bruce A Nelson

Agent at Bridge Realty

(952) 368-0021
Agent website

Listed by Bridge Realty · Broker phone: (952) 368-0021 · View on Broker Site · Broker website

MLS# 7089539· Source: Northstar MLS· 90 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7520 Thomas Avenue S, Richfield, MN 55423

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