7438 3rd Ave S, Richfield (Minneapolis), MN 55423 Property Records

Hennepin County property record for 7438 3rd Ave S, Richfield, MN 55423

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.75 ba · 1,050 sqft · built 1948
Lot Size0.23 acres (10,019 sqft)
Owner2 Individual Names on File
Last Sale$590,000 (Jun 2018)
Tax Bill$4,110 (2025)
Deeds & MortgagesSep 2020 Mortgage
Apr 2019 Mortgage
Flood ZoneZone X (minimal risk)
APN34-028-24-42-0007

Property Details

APN / Parcel Number

Primary APN34-028-24-42-0007

Interior

Bedrooms3 Beds
Full Baths1.75 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,050 sqft Living Area
Gross Area1,710 sqft
1st Floor Area840 sqft
Basement Area504 sqft
Family RoomFamily Room
FlooringCarpet
Interior WallsPlaster
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1948
Effective Year BuiltEffective 1970
Architectural StyleBungalow
Exterior MaterialMetal
Construction TypeFrame
Roof TypeGable
Roof MaterialAsphalt
Lot Area10,019 sqft (0.23 acres)
Lot Dimensions134 ft deep x 75 ft wide
View / LotLake
Garage TypeDetached
Garage Area280 sqft
PorchEnclosed Porch
Porch Area156 sqft

Utilities, Heating & Cooling

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

Location & Zoning

Street Address7438 3RD AVE S
CityMINNEAPOLIS
StateMN
Zip55423-4321
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLOT 007 BLOCK 001 A NICOLLET GARDEN LOTS E 75X134
Legal Range24
Legal Township028
Legal Section34
Legal Quarter42
Legal SubdivisionNICOLLET GARDEN LOTS
Legal Block1
Legal Lot Number7
JurisdictionHENNEPIN MN
Township / Civil DivisionRICHFIELD
Census Block Group3
Census Block3005
Census Tract24802

Owner

7438 3rd Ave S is owned and occupied by two individuals who bought it in June 2018.

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

Owner of Record2 Individual Names on File
Mailing Address7438 3RD AVE S, MINNEAPOLIS, MN 55423-4321
OccupancyOwner Occupied
Owner TypeIndividual

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

DateDocument
Sep 10, 2020Deed of Trust, Mortgage · Conventional Mortgage
QUICKEN LNS
Apr 25, 2019Deed of Trust, Mortgage · Conventional Mortgage
QUICKEN LNS

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 6, 2018 · Amount on File
Deed SaleJun 6, 2018 · Amount on File
Prior SaleJul 5, 2002 · Amount on File
Deed Document Number201810560289
Record UpdatedSep 20, 2026

September 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address7438 3RD AVE S, RICHFIELD, MN 55423-4321
Document Number0010843980
Instrument DateSep 10, 2020
Transaction TypeMortgage
Record UpdatedOct 16, 2020
Title CompanyOTHER

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address7438 3RD AVE S RICHFIELD MN 554234321, RICHFIELD, MN 55423-4321

Mortgage

Document Number0010843980
DateSep 24, 2020
Instrument10843980
Lender
NameQUICKEN LNS
TypeFunding / Finance Company
AddressDETROIT, MI 48226-1906
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueSep 23, 2035

April 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address7438 3RD AVE S, RICHFIELD, MN 55423-4321
Document Number0010654987
Instrument DateApr 25, 2019
Transaction TypeMortgage
Record UpdatedMay 16, 2019
Title CompanyABSTRACT TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address7438 3RD AVE S RICHFIELD MN 554234321, RICHFIELD, MN 55423-4321

Mortgage

Document Number0010654987
DateApr 30, 2019
Instrument10654987
Lender
NameQUICKEN LNS
TypeFunding / Finance Company
AddressDETROIT, MN 48226-1906
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueApr 29, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 7438 3rd Ave S was $4,110 with a homeowner's exemption.

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$4,110.00$292,700 Land $112,000 Building $180,700$292,700 Land $112,000 Building $180,700
2023$3,703.00 Homeowner's exemption
2022$288,000 Land $120,000 Building $168,000$288,000 Land $120,000 Building $168,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 7438 3rd Ave S in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1987.

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 Claims1 (1987)
Most Recent ClaimJul 1987 · Severe Storms, Tornadoes & Flooding

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

The area around 7438 3rd 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 RiskNot 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 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 615 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
1,000 / 75
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless
100 / 20

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