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Rural ResidenceResidential
$366,733$285 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 82How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

12050 HIGHWAY 5

COLOGNE, MN 55322
4
Beds
1.8
Baths
1,286 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
5.85 ac
Lot SizeThe size of the land the home sits on, from county records.
1971
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$367K
$302K low$432K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,120 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$399,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$188,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$211,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$379,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$399,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountyCARVER
Lot (acres)The size of the land the home sits on, from county records.5.85
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.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 200 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

H
Waconia High SchoolA
High · Grades 9–12 · 0.8 mi
M
Waconia Middle SchoolA-
Middle · Grades 6–8 · 1.1 mi
E
Bayview Elementary SchoolA
Elementary · Grades KG–5 · 2.4 mi

District: Waconia Public School District

Neighborhood · ZIP 55322These 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.148
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.4,310
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.82 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$119,827
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$133,643
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.30 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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

How this home compares

12050 Highway 5 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs more per square foot than 79% of homes in Cologne 55322
  • Smaller than 76% of homes in Carver County
  • Has a bigger lot than 94% of homes in Carver County
  • Older than 85% of homes in Carver County

What homes are worth in Cologne 55322

Each bar is how many homes fall in that price range. The marker is this home.

This home
$155K$999K

This home is worth more than 48% of homes in Cologne 55322.

How it measures up in Cologne 55322

The dot is this home. The mark in the middle is the typical home in Cologne 55322.

Estimated value$366,733
CheaperTypical $374,954Pricier

Pricier than 48% of homes nearby

Price per ft²$285
CheaperTypical $220Pricier

Pricier than 79% of homes nearby

Living area1,286 ft²
SmallerTypical 1,642 ft²Bigger

Bigger than 26% of homes nearby

Lot size5.85 ac
SmallerTypical 0.71 acBigger

Bigger than 70% of homes nearby

Year built1971
OlderTypical 1994Newer

Newer than 31% of homes nearby

How 12050 Highway 5 ranks against every home in each area.
MeasureThis homeCologne 55322Carver County
Estimated valuepricier than$366,73348% of homes44% of homes
Price per ft²pricier than$28579% of homes79% of homes
Living areabigger than1,286 ft²26% of homes24% of homes
Lot sizebigger than5.85 ac70% of homes94% of homes
Year builtnewer than197131% of homes15% of homes

About 12050 Highway 5

How much is 12050 Highway 5, Cologne, MN worth?

The TopHap Estimate for 12050 Highway 5, Cologne, MN is $366,733 as of Aug 30, 2026. The likely range is $301,605 to $431,861. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 12050 Highway 5, Cologne, MN last sell?

12050 Highway 5, Cologne, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 12050 Highway 5, Cologne, MN?

12050 Highway 5, Cologne, MN has 4 bedrooms, 1.8 bathrooms, 1,286 square feet of living space and a 5.85-acre lot.

When was 12050 Highway 5, Cologne, MN built?

12050 Highway 5, Cologne, MN was built in 1971, making it 55 years old. The building has 1 story.

What schools serve 12050 Highway 5, Cologne, MN?

12050 Highway 5, Cologne, MN is assigned to Waconia High School (high), rated A; Waconia Middle School (middle), rated A-; Bayview Elementary School (elementary), rated A. All sit in Waconia Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 12050 Highway 5, Cologne, MN compare to other homes in Cologne 55322?

Among the 1,562 homes in Cologne 55322, it is worth more than 48% of them ($366,733 against a typical $374,954), its price per square foot is higher than 79% of them ($285 against a typical $220), it is bigger than 26% of them (1,286 ft² against a typical 1,642 ft²), its lot is bigger than 70% of them (5.85 ac against a typical 0.71 ac) and it is newer than 31% of them (1971 against a typical 1994). Measured against all of Carver County, it is worth more than 44% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 12050 Highway 5, Cologne, MN?

The 2026 property tax bill for 12050 Highway 5, Cologne, MN was $2,120. The county assessed it at $399,900.

More homes on Highway 5

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