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CondominiumResidential

2255 Ranchview Ln

MINNEAPOLIS, MN 55447
0.79 ac
Lot SizeThe size of the land the home sits on, from county records.
1994
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
Built 199412 units1,118–1,268 ft²
$2.1M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$170K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$142
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-55.1%vs the Minneapolis ZIP median sale $/ft² ($316)

Sales Performance

$213K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
8.3%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+0.4%per yeartypical hold 7.5 yrsfrom 11 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20002005200820112014201820212026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20002005200820112014201820212026

20 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$125K$160K$195K$230K1,118 ft²1,148 ft²1,178 ft²1,208 ft²1,238 ft²1,268 ft²
2 bd
2 bed
12 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 1.5 ba · 1,118 ft²
5 units
2 bd · 1.5 ba · 1,268 ft²
3 units
2 bd · 1.5 ba · 1,168 ft²
2 units
One-off layouts
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$125K–$125K
1 unit
$149K–$149K
1 unit
$159K–$162K
2 units
$166K–$177K
5 units
$211K–$211K
1 unit
$220K–$230K
2 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.83%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.0%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.11.7 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.50%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.56%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$151,364
Median tax billThe middle annual property tax bill among the building's units.$2,528
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 14Aug 7, 2026$212,500Unit 16May 13, 2024$266,000Unit 21Feb 12, 2021$200,000Unit 13May 27, 2020$220,000Unit 21Jul 24, 2018$185,000Unit 23Jun 14, 2018$177,400Unit 22Feb 15, 2018$181,300Unit 22Nov 4, 2015$133,000Unit 14May 29, 2014$114,000Unit 20Oct 11, 2011$91,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.11 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.0.79
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.Package
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Waterfront

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Birchview Elementary SchoolA
Elementary · Grades KG–5 · 1.4 mi
M
Central Middle SchoolA
Middle · Grades 6–8 · 1.5 mi
H
Wayzata High SchoolA+
High · Grades 9–12 · 3.3 mi

District: Wayzata Public School District

Neighborhood · ZIP 55447These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.74
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.22,307
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,342 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$126,222
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$155,739
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

2255 Ranchview Ln N # 13
2 bd · 1.5 ba · 1,260 ft²
$169K
2255 Ranchview Ln N # 14
2 bd · 1.5 ba · 1,118 ft²
$220K
2255 Ranchview Ln N # 15
2 bd · 2.5 ba · 1,118 ft²
$149K
2255 Ranchview Ln N # 16
2 bd · 1.5 ba · 1,168 ft²
$211K
2255 Ranchview Ln N # 17
2 bd · 1.5 ba · 1,168 ft²
$159K
2255 Ranchview Ln N # 18
2 bd · 1.5 ba · 1,268 ft²
$176K
2255 Ranchview Ln N # 19
2 bd · 1.5 ba · 1,268 ft²
$125K
2255 Ranchview Ln N # 20
2 bd · 1.5 ba · 1,118 ft²
$162K
2255 Ranchview Ln N # 21
2 bd · 1.5 ba · 1,118 ft²
$166K
2255 Ranchview Ln N
2 bd · 1.5 ba · 1,118 ft²
$230K
2255 Ranchview Ln N # 23
2 bd · 1.5 ba · 1,118 ft²
$177K
2255 Ranchview Ln N # 24
2 bd · 1.5 ba · 1,268 ft²
$171K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 2255 Ranchview Ln

How many units are in 2255 Ranchview Ln, Minneapolis, MN?

2255 Ranchview Ln, Minneapolis, MN has 12 residential units across built in 1994, according to county assessor records.

What is a unit at 2255 Ranchview Ln, Minneapolis, MN worth?

The median TopHap Estimate across the 12 units at 2255 Ranchview Ln, Minneapolis, MN is $169,920. That works out to $142 per square foot. Units run from 1,118 to 1,268 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 2255 Ranchview Ln, Minneapolis, MN expensive for Minneapolis?

Units at 2255 Ranchview Ln, Minneapolis, MN carry a median of $142 per square foot, 55% below the Minneapolis median of $316 per square foot.

How often do units sell at 2255 Ranchview Ln, Minneapolis, MN?

1 units at 2255 Ranchview Ln, Minneapolis, MN sold in the last 12 months, out of 20 recorded arms-length sales all time. That is a turnover rate of 8.3% of the building per year. The median sale over that period was $213K.

Have units at 2255 Ranchview Ln, Minneapolis, MN appreciated?

Across 11 repeat sales of the same unit, 2255 Ranchview Ln, Minneapolis, MN returned a median 0.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 7.5 years.

What floor plans does 2255 Ranchview Ln, Minneapolis, MN have?

The most common plan at 2255 Ranchview Ln, Minneapolis, MN is a 2-bedroom of 1,118 square feet, repeated 5 times, with a median estimate of $176,646. TopHap identifies 3 recurring plans in the building.

Closest homes

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Assigned schools

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