7008 5th Ave S, Richfield (Minneapolis), MN 55423 Property Records

Hennepin County property record for 7008 5th Ave S, Richfield, MN 55423

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 878 sqft · built 1957
Lot Size	0.17 acres (7,405 sqft)
Owner	2 Individual Names on File
Last Sale	$263,000 (Mar 2020)
Tax Bill	$4,067 (2025)
Deeds & Mortgages	Mar 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`34-028-24-11-0090`

Property Details

APN / Parcel Number

Primary APN	`34-028-24-11-0090`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	5 Rooms
Stories	1 Story
Building Area	878 sqft Living Area
Gross Area	1,431 sqft
1st Floor Area	878 sqft
Basement Area	553 sqft
Family Room	Family Room
Flooring	Carpet
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1957
Effective Year Built	Effective 1975
Architectural Style	Ranch
Exterior Material	Wood
Construction Type	Frame
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	7,405 sqft (0.17 acres)
Lot Dimensions	144 ft deep x 50 ft wide
View / Lot	Lake
Garage Type	Detached
Garage Area	644 sqft

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	Floor/Wall Furnace
Heating Fuel	Electric

Location & Zoning

Street Address	7008 5TH AVE S
City	MINNEAPOLIS
State	MN
Zip	55423-3246
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 005 BLOCK 002 A SAVAGES 1ST ADDN LOTS 5 AND 6 50 X 144.15
Legal Range	24
Legal Township	028
Legal Section	34
Legal Quarter	11
Legal Subdivision	SAVAGES 1ST ADDN
Legal Block	2
Legal Lot Number	5
Jurisdiction	HENNEPIN MN
Township / Civil Division	RICHFIELD
Census Block Group	2
Census Block	2001
Census Tract	24801

Owner

7008 5th Ave S is owned and occupied by two individuals who bought it in March 2020.

Source: Hennepin County records, as of June 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	7008 5TH AVE S, MINNEAPOLIS, MN 55423-3246
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Mar 19, 2020 · Amount on File
Deed Sale	Mar 19, 2020 · Amount on File
Prior Sale	Jun 26, 2014 · Amount on File
Deed Document Number	20205694053
Record Updated	Oct 29, 2026

March 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Mar 19, 2020
Property Address	7008 5TH AVE S, RICHFIELD, MN 55423-3246
Document Number	0005694053
Instrument Date	Mar 12, 2020
Instrument	5694053
Transaction Type	Transfer
Record Updated	Apr 20, 2020
Title Company	ABSOLUTE TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$894.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	7008 5TH AVE S RICHFIELD MN 554233246, RICHFIELD, MN 55423-3246

Mortgage

Document Number	5694054
Date	Mar 19, 2020
Instrument	5694054

Lender

Name	US BK
Type	Bank
Address	OWENSBORO, KY 42304-0005

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Mar 18, 2050

Tax Assessment & Valuation

The 2025 property tax bill for 7008 5th Ave S was $4,067 with a homeowner's exemption.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Richfield City
Unified School District	Richfield Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,067.00	$290,000 Land $100,800 Building $189,200	$290,000 Land $100,800 Building $189,200
2023	$3,588.00 Homeowner's exemption
2022		$280,000 Land $108,000 Building $172,000	$280,000 Land $108,000 Building $172,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 7008 5th Ave S in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 7008 5th Ave S is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 96% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Richfield serves 38,482 people · EPA ID MN1270045
Water Source	Groundwater
Last State Inspection	May 2024
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 590 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber	2,000 / 1,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20