7245 16th Ave S, Richfield (Minneapolis), MN 55423 Property Records

Hennepin County property record for 7245 16th Ave S, Richfield, MN 55423

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.25 ba · 1,291 sqft · built 1958
Lot Size	0.18 acres (7,841 sqft)
Owner	2 Individual Names on Record
Last Sale	$285,000 (May 2016)
Tax Bill	$5,563 (2025)
Deeds & Mortgages	Aug 2019 Line of Credit Oct 2022 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`35-028-24-14-0047`

Property Details

APN / Parcel Number

Primary APN	`35-028-24-14-0047`

Interior

Bedrooms	4 Beds
Full Baths	2.25 Baths
Half Baths	2 Half Baths
Total Rooms	6 Rooms
Stories	1 Story
Building Area	1,291 sqft Living Area
Gross Area	2,066 sqft
1st Floor Area	1,291 sqft
Basement Area	775 sqft
Family Room	Family Room
Flooring	Wood
Interior Walls	Plaster
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1958
Effective Year Built	Effective 1985
Architectural Style	Ranch
Exterior Material	Metal
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	7,841 sqft (0.18 acres)
Lot Dimensions	133 ft deep x 58 ft wide
View / Lot	Lake
Garage Type	Detached
Garage Area	440 sqft
Porch	Open Porch
Porch Area	268 sqft

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	7245 16TH AVE S
City	MINNEAPOLIS
State	MN
Zip	55423-3402
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 010 BLOCK 001 T ELDER GROVE 3RD ADDN W58X133
Legal Range	24
Legal Township	028
Legal Section	35
Legal Quarter	14
Legal Subdivision	ELDER GROVE 3RD ADDN
Legal Block	1
Legal Lot Number	10
Jurisdiction	HENNEPIN MN
Township / Civil Division	RICHFIELD
Census Block Group	1
Census Block	1002
Census Tract	24903

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 Record	2 Individual Names on Record
Mailing Address	7245 16TH AVE S, MINNEAPOLIS, MN 55423-3402
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Aug 15, 2019	Deed of Trust, Mortgage · Line of Credit WINGS FINANCIAL CU
Oct 6, 2022	Deed of Trust, Mortgage · Line of Credit WINGS FINANCIAL CU

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 10, 2016 · Amount on Record
Deed Sale	May 10, 2016 · Amount on Record
Prior Sale	Jun 17, 2015 · Amount on Record
Deed Document Number	20165346396
Record Updated	Sep 20, 2026

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	7245 16TH AVE S, RICHFIELD, MN 55423-3402
Transaction Type	Mortgage
Record Updated	Feb 27, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

Mortgage

Document Number	0T05636655
Date	Aug 15, 2019
Instrument	T05636655

Lender

Name	WINGS FINANCIAL CU
Type	Credit Union
Address	SAINT PAUL, MN 55124

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	180 Months
Due	Aug 14, 2034

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

October 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	7245 16TH AVE S, RICHFIELD, MN 55423-3402
Transaction Type	Mortgage
Record Updated	Feb 27, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00T5977484
Date	Oct 6, 2022
Instrument	T5977484

Lender

Name	WINGS FINANCIAL CU
Type	Credit Union
Address	SAINT PAUL, MN 55124

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Oct 5, 2042

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

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	$5,563.00 (+16.26%)	$385,200 (+5.25%) Land $110,700 Building $274,500	$385,200 (+5.25%) Land $110,700 Building $274,500
2023	$4,785.00 Homeowner's exemption
2022		$366,000 Land $101,000 Building $265,000	$366,000 Land $101,000 Building $265,000

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 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 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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