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Residential (General/Single)Residential
$1,047,325$504 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $652,000 on Jul 15, 2020

1240 ARBOR ST

WAYZATA, MN 55391
4
Beds
3.5
Baths
2,076 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.
0.39 ac
Lot SizeThe size of the land the home sits on, from county records.
2016
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$1M
$982K low$1.1M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$652,000 · Jul 15, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,116 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$774,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$192,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$581,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$762,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$774,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.0.39
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
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.Lake
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.DeckPorch · 152 ft²

Transaction History(4)

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.

E
Schumann Elementary
Elementary · Grades KG–2 · 2.7 mi
M
Orono Middle SchoolA+
Middle · Grades 6–8 · 2.8 mi
H
Orono High SchoolA
High · Grades 9–12 · 2.8 mi

District: Orono Public School District

Neighborhood · ZIP 55391These 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.95
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.8

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.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.46%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.7%
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.16,434
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.587 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$154,708
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$233,868
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

1240 Arbor St 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.

  • Worth more than 95% of homes in Hennepin County
  • Costs more per square foot than 95% of homes in Hennepin County
  • Bigger than 79% of homes in Hennepin County
  • Has a bigger lot than 71% of homes in Hennepin County
  • Newer than 95% of homes in Hennepin County

What homes are worth in Wayzata 55391

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

This home
$289K$6.9M

This home is worth more than 52% of homes in Wayzata 55391.

How it measures up in Wayzata 55391

The dot is this home. The mark in the middle is the typical home in Wayzata 55391.

Estimated value$1,047,325
CheaperTypical $998,900Pricier

Pricier than 52% of homes nearby

Price per ft²$504
CheaperTypical $476Pricier

Pricier than 55% of homes nearby

Living area2,076 ft²
SmallerTypical 2,178 ft²Bigger

Bigger than 46% of homes nearby

Lot size0.39 ac
SmallerTypical 0.51 acBigger

Bigger than 36% of homes nearby

Year built2016
OlderTypical 1977Newer

Newer than 92% of homes nearby

How 1240 Arbor St ranks against every home in each area.
MeasureThis homeWayzata 55391Hennepin County
Estimated valuepricier than$1,047,32552% of homes95% of homes
Price per ft²pricier than$50455% of homes95% of homes
Living areabigger than2,076 ft²46% of homes79% of homes
Lot sizebigger than0.39 ac36% of homes71% of homes
Year builtnewer than201692% of homes95% of homes

About 1240 Arbor St

How much is 1240 Arbor St, Wayzata, MN worth?

The TopHap Estimate for 1240 Arbor St, Wayzata, MN is $1,047,325 as of Sep 24, 2026. The likely range is $981,525 to $1,113,125. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1240 Arbor St, Wayzata, MN last sell?

1240 Arbor St, Wayzata, MN last sold on Jul 15, 2020 for $652,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 1240 Arbor St, Wayzata, MN?

1240 Arbor St, Wayzata, MN has 4 bedrooms, 3.5 bathrooms, 2,076 square feet of living space and a 0.39-acre lot.

When was 1240 Arbor St, Wayzata, MN built?

1240 Arbor St, Wayzata, MN was built in 2016, making it 10 years old. The building has 2 stories.

What schools serve 1240 Arbor St, Wayzata, MN?

1240 Arbor St, Wayzata, MN is assigned to Schumann Elementary (elementary); Orono Middle School (middle), rated A+; Orono High School (high), rated A. All sit in Orono Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1240 Arbor St, Wayzata, MN compare to other homes in Wayzata 55391?

Among the 6,395 homes in Wayzata 55391, it is worth more than 52% of them ($1,047,325 against a typical $998,900), its price per square foot is higher than 55% of them ($504 against a typical $476), it is bigger than 46% of them (2,076 ft² against a typical 2,178 ft²), its lot is bigger than 36% of them (0.39 ac against a typical 0.51 ac) and it is newer than 92% of them (2016 against a typical 1977). Measured against all of Hennepin County, it is worth more than 95% 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 1240 Arbor St, Wayzata, MN?

The 2025 property tax bill for 1240 Arbor St, Wayzata, MN was $8,116. The county assessed it at $774,400.

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