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7540 Ridgeway Rd; Minneapolis, MN Property Details

7540 Ridgeway Rd, Minneapolis, MN is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 7540 Ridgeway Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 1,509 square feet. The lot size of 7540 Ridgeway Rd is 16,553 square feet.

Off market
7540 Ridgeway Rd Minneapolis, MN 55426
$615,000 Listing Price
4 Beds
2.5 Baths
1,509 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $615,000
  • Open Loans / Balance: 1 / $382,943
  • Est. Equity / %: $495,057 / 56.38%
  • Gross Yield: 7.76%
  • APN: 05-117-21-22-0046
  • Situs County: Hennepin
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,509/SqFt
  • Lot: 16,553/SqFt
  • Gross: 3,497/SqFt
  • Garage: 441/SqFt
  • Living: 1,509/SqFt
  • Basement: 1,358/SqFt
  • Building: 3,308/SqFt
  • Ground: 1,509/SqFt
  • Price Per Square Foot: $407.55

Legal Description

  • Description: LOT 002 BLOCK 002 A EWALD TERRACE SE145X136X90X155
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hopkins Public School District
  • Lat / Lon: 44.976704 / -93.377106
  • Subdivision: Ewald Terrace
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 1583
  • Cooling: Packaged Unit
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Space/Suspended
  • Parking: 2

Ownership Info

7540 Ridgeway Rd has no associated ownership info
7540 Ridgeway Rd has no associated ownership info.

Taxes

7540 Ridgeway Rd has 10 associated Taxes items

7540 Ridgeway Rd, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $812,600. The APN we've located for 7540 Ridgeway Rd is 05-117-21-22-0046.

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Taxes
  • Assessed Value:  $812,600
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  05-117-21-22-0046
  • Assessed Land Value:  255600
  • Market Land Value:  255600
  • Tax Amount:  13054.44
  • Tax Year:  2025
  • Market Value:  812600
  • Market Year:  2025

Tax History

7540 Ridgeway Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $812,600 Land Value $255,600 Improvement Value $557,000 Tax Amount $13,054.44 Change Rate +0.06148% Assessed CR Tax Rate +0.016065%
Year 2024 Assessed Value $799,500 Land Value $253,200 Improvement Value $546,300 Tax Amount $12,298.34 Change Rate +0.059232% Assessed CR Tax Rate +0.015383%
Year 2023 Assessed Value $780,100 Land Value $228,000 Improvement Value $552,100 Tax Amount $11,610.62 Change Rate +0.186598% Assessed CR Tax Rate +0.014884%
Year 2022 Assessed Value $738,000 Land Value $214,000 Improvement Value $524,000 Tax Amount $9,784.8 Change Rate +0.12537% Assessed CR Tax Rate +0.013259%
Year 2021 Assessed Value $651,000 Land Value $188,000 Improvement Value $463,000 Tax Amount $8,694.74 Change Rate -0.069124% Assessed CR Tax Rate +0.013356%
Year 2020 Assessed Value $598,000 Land Value $170,000 Improvement Value $428,000 Tax Amount $9,340.38 Change Rate +0.059743% Assessed CR Tax Rate +0.015619%
Year 2019 Assessed Value $611,000 Land Value $186,000 Improvement Value $425,000 Tax Amount $8,813.82 Change Rate +0.108838% Assessed CR Tax Rate +0.014425%
Year 2018 Assessed Value $582,000 Land Value $168,000 Improvement Value $414,000 Tax Amount $7,948.7 Change Rate +0.059547% Assessed CR Tax Rate +0.013658%
Year 2017 Assessed Value $487,000 Land Value $119,000 Improvement Value $368,000 Tax Amount $7,501.98 Change Rate +0.131647% Assessed CR Tax Rate +0.015404%
Year 2016 Assessed Value $421,000 Land Value $138,000 Improvement Value $283,000 Tax Amount $6,629.26 Change Rate +0.155419% Assessed CR Tax Rate +0.015746%
Year 2015 Assessed Value $363,000 Land Value $144,000 Improvement Value $219,000 Tax Amount $5,737.54 Change Rate Assessed CR Tax Rate +0.015806%
Year 2014 Assessed Value $339,000 Land Value $138,000 Improvement Value $201,000 Tax Amount Change Rate Assessed CR Tax Rate