7048 Cedar Ave S, Richfield (Minneapolis), MN 55423 Property Records

Hennepin County property record for 7048 Cedar Ave S, Richfield, MN 55423

Property Summary

Property Type	Multi-Family Dwellings
Details	4 bd · 2 ba · 1,668 sqft · built 1948
Lot Size	0.19 acres (8,276 sqft)
Owner	Company Name on File
Last Sale	$269,000 (Oct 2019)
Tax Bill	$5,970 (2025)
Deeds & Mortgages	Jan 2022 Transfer Oct 2019 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`35-028-24-11-0012`

Property Details

APN / Parcel Number

Primary APN	`35-028-24-11-0012`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Units	2 Units
Stories	1 Story
Building Area	1,668 sqft Living Area
1st Floor Area	1,668 sqft
Basement Area	1,668 sqft
Flooring	Wood
Interior Walls	Plaster
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1948
Effective Year Built	Effective 1960
Architectural Style	Bungalow
Exterior Material	Stucco
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	8,276 sqft (0.19 acres)
Lot Dimensions	139 ft deep x 60 ft wide
View / Lot	Lake

Utilities, Heating & Cooling

Cooling System	None
Heating System	Floor/Wall Furnace
Heating Fuel	Electric

Location & Zoning

Street Address	7048 CEDAR AVE S
City	MINNEAPOLIS
State	MN
Zip	55423-3410
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Legal Description	LOT 006 BLOCK 003 T ENGBERG WALDEN 2ND ADDN INCL ADJ PART OF ST VAC 60 X 139.71
Legal Range	24
Legal Township	028
Legal Section	35
Legal Quarter	11
Legal Subdivision	ENGBERG WALDEN 2ND ADDN
Legal Block	3
Legal Lot Number	6
Jurisdiction	HENNEPIN MN
Township / Civil Division	RICHFIELD
Census Block Group	2
Census Block	2000
Census Tract	24904

Owner

7048 Cedar Ave S, a residential property, is owned by a company that acquired it in December 2021.

Source: Hennepin County records, as of June 25, 2026

Owner of Record	Company Name on File
Mailing Address	4909 W OLD SHAKOPEE RD, MINNEAPOLIS, MN 55437-3029
Owner Type	Company
Vesting	Company

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

Date	Document
Jan 10, 2022	Quit Claim Deed, Transfer LAND TITLE CORPORATION, LAND TITLE INC
Oct 17, 2019	Warranty Deed, Transfer · Conventional with PMI ALERUS MTG
Feb 7, 2019	Quit Claim Deed, Mortgage · Conventional Mortgage SUMMIT MTG CORP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 17, 2019 · Amount on File
Deed Sale	Oct 17, 2019 · Amount on File
Prior Sale	Mar 6, 2002 · Amount on File
Deed Document Number	20195656946
Last Transfer Date	Dec 29, 2021
Transfer Doc	0005913461
Record Updated	Sep 20, 2026

January 2022: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Jan 10, 2022
Property Address	7048 CEDAR AVE S, RICHFIELD, MN 55423-3410
Document Number	0T05913461
Instrument Date	Dec 29, 2021
Instrument	T05913461
Transaction Type	Transfer
Record Updated	Jan 31, 2022
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4909 W OLD SHAKOPEE RD, BLOOMINGTON, MN 55437-3029

October 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Oct 17, 2019
Property Address	7048 CEDAR AVE S, RICHFIELD, MN 55423-3410
Document Number	0005656946
Instrument Date	Sep 26, 2019
Instrument	5656946
Transaction Type	Transfer
Record Updated	Nov 6, 2019
Title Company	LAND TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$914.60
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4909 W OLD SHAKOPEE RD BLOOMINGTON MN 554373029, BLOOMINGTON, MN 55437-3029

Mortgage

Document Number	5656947
Date	Oct 17, 2019
Instrument	5656947

Lender

Name	ALERUS MTG
Type	Mortgage Company
Address	MINNETONKA, MN 55305

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Oct 16, 2049

February 2019: Quit Claim Deed, Mortgage

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Feb 7, 2019
Property Address	7048 CEDAR AVE S, RICHFIELD, MN 55423-3410
Document Number	0005593364
Instrument Date	Jan 30, 2019
Instrument	5593364
Transaction Type	Mortgage
Record Updated	Feb 18, 2019
Title Company	PILLAR TITLE SERVICES, PILLAR TITLE SVCS

Transaction

Amount	Amount on Record
Tax	$1.70
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	43950 232ND LN AITKIN MN 564318205, AITKIN, MN 56431-8205

Mortgage

Document Number	5593365
Date	Feb 7, 2019
Instrument	5593365

Lender

Name	SUMMIT MTG CORP
Address	PLYMOUTH, MN 55441

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Feb 6, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 7048 Cedar Ave S was $5,970.

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	$5,970.00	$329,200 Land $135,200 Building $194,000	$329,200 Land $135,200 Building $194,000
2023	$5,225.00
2022		$322,000 Land $133,000 Building $189,000	$322,000 Land $133,000 Building $189,000

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

Flood

FEMA maps place 7048 Cedar Ave S in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 7048 Cedar Ave S has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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 423 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	2,000 / 1,000
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	1,000 / 75

May also be available: Metronet, T-Mobile.

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