7134 Cedar Ave S, Richfield (Minneapolis), MN 55423 Property Records

Hennepin County property record for 7134 Cedar Ave S, Richfield, MN 55423

Property Summary

Property Type	Apartments (5+ Units)
Details	built 1964
Lot Size	0.86 acres (37,462 sqft)
Owner	Company Name on Record
Last Sale	$1,320,000 (Aug 2015)
Tax Bill	$35,726 (2025)
Deeds & Mortgages	Mar 2023 Mortgage Feb 2017 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`35-028-24-11-0123`

Property Details

APN / Parcel Number

Primary APN	`35-028-24-11-0123`

Interior

Units	44 Units
Flooring	Carpet

Exterior

Year Built	Built 1964
Effective Year Built	Effective 1975
Construction Type	Wood
Lot Area	37,462 sqft (0.86 acres)
Lot Dimensions	122 ft deep x 303 ft wide

Location & Zoning

Street Address	7134 CEDAR AVE S
City	MINNEAPOLIS
State	MN
Zip	55423-3488
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	T REG. LAND SURVEY NO. 0495 TRACTS A B C D AND E 303.91 X 122.87
Legal Range	24
Legal Township	028
Legal Section	35
Legal Quarter	11
Legal Subdivision	REG. LAND SURVEY NO. 0495
Legal Tract	A
Legal Block	2
Jurisdiction	HENNEPIN MN
Township / Civil Division	RICHFIELD
Census Block Group	2
Census Block	2000
Census Tract	24904

Owner

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

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

Owner of Record	Company Name on Record
Mailing Address	3328 E LAKE ST, MINNEAPOLIS, MN 55406-2032
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 17, 2023	Deed of Trust, Mortgage FIVE POINTS BANK OF HASTINGS
Feb 8, 2017	Loan Modification, Mortgage COMMUNITY BK/OWATONNA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 31, 2015 · Amount on Record
Deed Sale	Aug 31, 2015 · Amount on Record
Prior Sale	Sep 26, 2005 · Amount on Record
Deed Document Number	20155285980
Record Updated	Sep 20, 2026

March 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	7134 CEDAR AVE S, RICHFIELD, MN 55423-3488
Transaction Type	Mortgage
Record Updated	Nov 29, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1216 HAGUE AVE, SAINT PAUL, MN 55104-6413

Mortgage

Document Number	00T6003895
Date	Mar 17, 2023
Instrument	T6003895

Lender

Name	FIVE POINTS BANK OF HASTINGS
Type	Bank
Address	WACONIA, MN 55387

Agreement

Amount	Amount Recorded
Term	301 Months
Due	Apr 1, 2048

February 2017: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	7134 CEDAR AVE S, RICHFIELD, MN 55423-3488
Document Number	0005424096
Instrument Date	Feb 8, 2017
Transaction Type	Mortgage
Record Updated	Aug 16, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3328 E LAKE ST MINNEAPOLIS MN 554062032, MINNEAPOLIS, MN 55406-2032

Mortgage

Document Number	0005424096
Date	Feb 21, 2017
Instrument	5424096

Lender

Name	COMMUNITY BK/OWATONNA
Type	Bank
Address	640 W BRIDGE ST, OWATONNA, MN 55060-2702

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

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	$35,726.00 (+4.98%)	$1,970,000 (-6.06%) Land $264,000 Building $1,706,000	$1,970,000 (-6.06%) Land $264,000 Building $1,706,000
2023	$34,032.00
2022		$2,097,000 Land $264,000 Building $1,833,000	$2,097,000 Land $264,000 Building $1,833,000

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

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

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.

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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