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Commercial > Multi-family / Apartments
Sold
06/07/2019
Sold Price
$915,000$--/ft²

7420 S Cedar Ave
Richfield, MN 55423

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 0.5
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1968
    Year Built
  • -
    DOM
  • 11
    Permits
7420 S Cedar Ave, Richfield, MN 55423 is a multi-family/apartments property built in 1968 on a 0.480 acre lot with 11 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2019 for $915,000.

    Permits

    7420 S Cedar Ave has 11 permit records of total value of $99,660.

    Permit History
    11
    Permits
    $99,660
    Total Permit Value
    October 30, 2018
    Description: Replace water heaterJob Value: $7,000Status: finalType: plumbingSub Type: Multi-familyBusiness Name: Jayhawk MechanicalFees: $144Effective Date: 2018-10-30Permit Number: RI128159
    June 19, 2008
    Description: Repair neutral connector on main serviceJob Value: $1,500Status: finalType: ElectricalSub Type: Multi-familyBusiness Name: Prairie ElectricFees: $46Effective Date: 2008-06-19Permit Number: RI074758
    May 30, 2006
    Description: Fire repairJob Value: $80,000Status: finalType: BuildingSub Type: Multi-familyBusiness Name: Maverick ConstrFees: $893Effective Date: 2006-05-30Permit Number: RI065843
    May 22, 2006
    Description: Set tub lav W.C and kitchen sinkJob Value: $2,045Status: finalType: plumbingSub Type: Multi-familyBusiness Name: Bredahl Plumbing IncFees: $46Effective Date: 2006-05-22Permit Number: RI065878
    May 19, 2006
    Description: Kitchen fire rewireJob Value: $3,000Status: finalType: ElectricalSub Type: Multi-familyBusiness Name: Oaks Electric CoFees: $61Effective Date: 2006-05-19Permit Number: RI065879
    March 22, 2002
    Description: Reinstall kitchen sinkJob Value: $100Status: finalType: plumbingSub Type: Multi-familyBusiness Name: Blaylock PlumbingFees: $40Effective Date: 2002-03-22Permit Number: RI047486
    March 22, 2002
    Description: Replaced plywood flooring in kitchenJob Value: $500Status: finalType: BuildingSub Type: Multi-familyFees: $24Effective Date: 2002-03-22Permit Number: RI047394
    March 9, 2001
    Description: Garage onlyJob Value: $5,365Status: finalType: BuildingSub Type: Multi-familyBusiness Name: Century RoofingFees: $114Effective Date: 2001-03-09Permit Number: RI040912
    November 22, 2000
    Description: 110 v circuit to wtr heater controlJob Value: $150Status: finalType: ElectricalSub Type: Multi-familyBusiness Name: Samsel Electric Service InFees: $40Effective Date: 2000-11-22Permit Number: RI041345
    April 22, 1999
    Description: Tear off and reroof entire apaStatus: FinaledType: BuildingSub Type: Single family residential0Effective Date: 1999-04-22Permit Number: RI033145
    May 19, 1998
    Description: Cedar apartments- containmentStatus: FinaledType: BuildingSub Type: Multi-family0Effective Date: 1998-05-19Permit Number: RI028535

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$16,765.04
      From latest Total Assessed Value1.62%
      Total Assessed Value$1,033,000
      =
      Land
      Assessed Value      $120,000
      +
      Additions
      Assessed Value      $913,000

      • In 2023, taxes billed for 7420 S Cedar Ave were $16,765.04, which is 1.62% from latest Total Assessed Value of $1,033,000.

    Property History

    7420 S Cedar Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7420 S Cedar Ave

    • Hazard Risks

      Tornado
      127
      Carb Mono
      126
      Nat'l Avg
      100
      Hail
      93
      Ozone
      93
      Air Pollution
      88
      Lead
      80
      Particulates
      80
      Wind
      71
      Weather
      60
      Earthquake
      13
      Hurricane
      0

      • 11 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 7420 S Cedar Ave.

      Walkability Index

      15 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      7420 S Cedar Ave has a walkability score of 15 out of 20, which means that it is in a very walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      17 °F

      Low

      8°F

      High

      26°F

      Summer
      Average

      71 °F

      Low

      60°F

      High

      81°F

      In the winter at 7420 S Cedar Ave, temperatures range from 7.58°F to 25.83°F with an average of 16.71°F. In the summer, the temperature ranges from 59.69°F to 81.48°F with and average of 70.59°F.

    School Information

    Public/private schools serving 7420 S Cedar Ave

      Public Schools

      Centennial Elementary
      Grades: KG-5
      0.22  mi
      C-
      Richfield High School
      Grades: 9-12
      1.81  mi
      D+
      Richfield Middle School
      Grades: 6-8
      2.82  mi
      D
      Bloomington-Richfield Early Learning Services
      Grades: EE-PK
      1.86  mi
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 7420 S Cedar Ave have ratings undefined, undefined, undefined, and undefined.

    Neighborhood

    This property is located in Southeast Richfield, Richfield, MN 55423.

    • Region

      • Boundary map of Southeast Richfield.

      Crime Index for 55423

      90

      Below national average
      90

      The crime index in 55423 is 90, which is 0.9 times lower than national average.

    • Seasonal Housing units 55423

      4%

      of housing is for seasonal rent.

      Daytime Population for 55423

      +15%

      of people during work hours.

    Market Trends

    Historical market data near 7420 S Cedar Ave over selected time period.

    Nearby Properties on Cedar Ave

    USAMNHennepin CountyRichfieldCedar Ave