7045 3rd Ave S, Richfield (Minneapolis), MN 55423 Property Records

Hennepin County property record for 7045 3rd Ave S, Richfield, MN 55423

Property Summary

Property TypeSingle Family Home
Details4 bd · 1.5 ba · 1,157 sqft · built 1951
Lot Size0.22 acres (9,583 sqft)
OwnerIndividual Name on Record
Last Sale$335,000 (Jul 2021)
Tax Bill$4,598 (2025)
Deeds & MortgagesFeb 2020 Mortgage
Jul 2021 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN34-028-24-11-0057

Property Details

APN / Parcel Number

Primary APN34-028-24-11-0057

Interior

Bedrooms4 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,157 sqft Living Area
Gross Area1,622 sqft
1st Floor Area930 sqft
Basement Area465 sqft
Family RoomFamily Room
FlooringWood
Interior WallsPlaster

Exterior

Year BuiltBuilt 1951
Effective Year BuiltEffective 1975
Architectural StyleBungalow
Exterior MaterialMetal
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area9,583 sqft (0.22 acres)
Lot Dimensions139 ft deep x 69.5 ft wide
View / LotLake
Garage TypeDetached
Garage Area484 sqft

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemFloor/Wall Furnace
Heating FuelElectric

Location & Zoning

Street Address7045 3RD AVE S
CityMINNEAPOLIS
StateMN
Zip55423-3235
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 005 BLOCK 001 A LARSON TERRACE 69.53 X 139.70
Legal Range24
Legal Township028
Legal Section34
Legal Quarter11
Legal SubdivisionLARSON TERRACE
Legal Block1
Legal Lot Number5
JurisdictionHENNEPIN MN
Township / Civil DivisionRICHFIELD
Census Block Group2
Census Block2003
Census Tract24801

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Mailing Address7045 3RD AVE S, MINNEAPOLIS, MN 55423-3235
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Feb 7, 2020Deed of Trust, Mortgage · Conventional Mortgage
GUARANTEED RATE AFFINITY LLC
Jul 7, 2021Warranty Deed, Transfer · Conventional Mortgage
UNITED WHOLESALE MORTGAGE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 7, 2021 · Amount on Record
Deed SaleJul 7, 2021 · Amount on Record
Prior SaleJul 24, 2018 · Amount on Record
Deed Document Number202110986079
Prior Transfer DateMay 24, 2018
Prior Transfer Doc0005547784
Record UpdatedSep 20, 2026

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address7045 3RD AVE S, RICHFIELD, MN 55423-3235
Transaction TypeMortgage
Record UpdatedMay 15, 2023
Title CompanyBURNETT TITLE, BURNET TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0A10754861
DateFeb 7, 2020
InstrumentA10754861
Lender
NameGUARANTEED RATE AFFINITY LLC
TypeMortgage Company
AddressCHICAGO, IL 60613
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueFeb 1, 2050

July 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionHENNEPIN MN
Recording DateJul 7, 2021
Property Address7045 3RD AVE S, RICHFIELD, MN 55423-3235
Document Number0A10986079
Instrument DateJun 22, 2021
InstrumentA10986079
Transaction TypeTransfer
Record UpdatedMay 15, 2023
Title CompanyBURNETT TITLE, BURNET TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,105.50
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address7045 3RD AVE S, RICHFIELD, MN 55423-3235

Mortgage

Document Number0A10986080
DateJul 7, 2021
InstrumentA10986080
Lender
NameUNITED WHOLESALE MORTGAGE
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJul 1, 2051

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityRichfield City
Unified School DistrictRichfield Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$4,598.00 (+11.96%)$322,900 (+2.18%) Land $112,000 Building $210,900$322,900 (+2.18%) Land $112,000 Building $210,900
2023$4,107.00 Homeowner's exemption
2022$316,000 Land $120,000 Building $196,000$316,000 Land $120,000 Building $196,000

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

Flood

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 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

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 96% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 SystemRichfield
serves 38,482 people · EPA ID MN1270045
Water SourceGroundwater
Last State InspectionMay 2024
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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

ProviderMax 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

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