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Commercial > Multi-family / Apartments
Sold
03/19/2021
Sold Price
$660,000$--/ft²

7116 S Cedar Ave
Richfield, MN 55423

  • -
    Bed
  • -
    Bath
  • -
    Living Area
  • 0.4
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1959
    Year Built
  • -
    DOM
  • 12
    Permits
7116 S Cedar Ave, Richfield, MN 55423 is a multi-family/apartments property built in 1959 on a 0.390 acre lot with 12 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2021 for $660,000.

    Permits

    7116 S Cedar Ave has 12 permit records of total value of $91,512.

    Permit History
    12
    Permits
    $91,512
    Total Permit Value
    December 5, 2019
    Description: Boiler not a furnaceJob Value: $11,000Status: finalType: MechanicalSub Type: Single family residentialBusiness Name: Residential Heating & A/CFees: $171Effective Date: 2019-12-05Permit Number: RI134796
    July 11, 2019
    Description: Replacing 22 winows in all the unitsJob Value: $28,700Status: finalType: BuildingSub Type: Multi-familyBusiness Name: Brent Krause Remodeling LLCFees: $809Effective Date: 2019-07-11Permit Number: RI131575
    March 30, 2018
    Project Name: Unit 1 PC7116Description: Complete rewire of unit due to fireStatus: canceledType: Ele exst 1 or 2 familyApplicant: Fred Pike JrEffective Date: 2018-03-30Permit Number: ELE1703-07199
    August 8, 2017
    Description: Replace gas rangeJob Value: $500Status: issuedType: plumbingSub Type: Single family residentialBusiness Name: FFM LLC; Linn Star TransferFees: $35Effective Date: 2017-08-08Permit Number: RI122098
    June 14, 2017
    Description: Repair of fire damage - unit 1Job Value: $29,241Status: finalType: BuildingSub Type: Multi-familyBusiness Name: Pillar ConstructionFees: $835Effective Date: 2017-06-14Permit Number: RI120092
    June 13, 2017
    Description: Rewire unit due to fireJob Value: $8,371Status: finalType: ElectricalSub Type: Multi-familyBusiness Name: Excel Electric LLC OF MNFees: $172Effective Date: 2017-06-13Permit Number: RI120317
    June 7, 2017
    Description: Reconnect baseboard radiator install kitchen sink toilet lav & shower valve & gas stoveJob Value: $2,000Status: finalType: plumbingSub Type: Multi-familyBusiness Name: MY Service PRO 612 PlumberFees: $46Effective Date: 2017-06-07Permit Number: RI120715
    October 17, 2016
    Description: 2 water heaterJob Value: $1,000Status: finalType: plumbingSub Type: Multi-familyBusiness Name: Champion PlumbingFees: $36Effective Date: 2016-10-17Permit Number: RI117635
    June 1, 2015
    Description: Replace gas rangeJob Value: $500Status: issuedType: plumbingSub Type: Multi-familyBusiness Name: FFM LLC; Linn Star TransferFees: $35Effective Date: 2015-06-01Permit Number: RI110410
    March 4, 2015
    Description: DishwasherJob Value: $500Status: issuedType: plumbingSub Type: Multi-familyBusiness Name: FFM LLC; Ford AIR Final Mile Linn Star TransferFees: $35Effective Date: 2015-03-04Permit Number: RI109171
    November 10, 2014
    Description: 29 sqJob Value: $7,000Status: finalType: BuildingSub Type: Multi-familyBusiness Name: Majestic Custom ConstructionFees: $156Effective Date: 2014-11-10Permit Number: RI106656
    October 15, 2012
    Description: Change out 8 fuse boxes to circuit breaker panelsJob Value: $2,700Status: finalType: ElectricalSub Type: Multi-familyBusiness Name: Snyder ElectricFees: $55Effective Date: 2012-10-15Permit Number: RI096434

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$11,197.94
      From latest Total Assessed Value1.62%
      Total Assessed Value$690,000
      =
      Land
      Assessed Value      $84,000
      +
      Additions
      Assessed Value      $606,000

      • In 2023, taxes billed for 7116 S Cedar Ave were $11,197.94, which is 1.62% from latest Total Assessed Value of $690,000.

    Property History

    7116 S Cedar Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7116 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 7116 S Cedar Ave.

      Walkability Index

      17 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      7116 S Cedar Ave has a walkability score of 17 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 7116 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 7116 S Cedar Ave

      Public Schools

      Centennial Elementary
      Grades: KG-5
      0.29  mi
      C-
      Richfield High School
      Grades: 9-12
      1.76  mi
      D+
      Richfield Middle School
      Grades: 6-8
      2.84  mi
      D
      Bloomington-Richfield Early Learning Services
      Grades: EE-PK
      1.83  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 7116 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 7116 S Cedar Ave over selected time period.

    Nearby Properties on Cedar Ave

    USAMNHennepin CountyRichfieldCedar Ave