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Single Family ResidenceResidential
$476,431$239 / 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 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1488 40TH ST SW

MONTROSE, MN 55363
6
Beds
5 / 1
Baths
1,992 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.
40 ac
Lot SizeThe size of the land the home sits on, from county records.
1970
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

$476K
$434K low$519K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,072 (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.$842,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$503,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$339,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$727,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$842,900

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.27 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWRIGHT
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1985
Lot (acres)The size of the land the home sits on, from county records.40.00
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.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
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 · 576 ft²

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

E
Montrose Elementary School of InnovationB-
Elementary · Grades KG–5 · 2.1 mi
M
Buffalo Community Middle SchoolB+
Middle · Grades 6–8 · 6.8 mi
H
Buffalo High SchoolB+
High · Grades 9–12 · 7.3 mi

District: Buffalo-Hanover-Montrose Schools

Neighborhood · ZIP 55363These 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.143
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.20%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
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.4,691
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.169 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$93,783
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$98,763
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.29 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

1488 40th St Sw 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 92% of homes in Montrose 55363
  • Bigger than 92% of homes in Montrose 55363
  • Has a bigger lot than 98% of homes in Wright County
  • Older than 87% of homes in Montrose 55363

What homes are worth in Montrose 55363

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

This home
$110K$692K

This home is worth more than 92% of homes in Montrose 55363.

How it measures up in Montrose 55363

The dot is this home. The mark in the middle is the typical home in Montrose 55363.

Estimated value$476,431
CheaperTypical $297,491Pricier

Pricier than 92% of homes nearby

Price per ft²$239
CheaperTypical $239Pricier

Pricier than 51% of homes nearby

Living area1,992 ft²
SmallerTypical 1,216 ft²Bigger

Bigger than 92% of homes nearby

Lot size40 ac
SmallerTypical 0.28 acBigger

Bigger than 97% of homes nearby

Year built1970
OlderTypical 2002Newer

Newer than 13% of homes nearby

How 1488 40th St Sw ranks against every home in each area.
MeasureThis homeMontrose 55363Wright County
Estimated valuepricier than$476,43192% of homes76% of homes
Price per ft²pricier than$23951% of homes46% of homes
Living areabigger than1,992 ft²92% of homes78% of homes
Lot sizebigger than40 ac97% of homes98% of homes
Year builtnewer than197013% of homes17% of homes

About 1488 40th St Sw

How much is 1488 40th St Sw, Montrose, MN worth?

The TopHap Estimate for 1488 40th St Sw, Montrose, MN is $476,431 as of Jul 14, 2026. The likely range is $433,788 to $519,074. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1488 40th St Sw, Montrose, MN last sell?

1488 40th St Sw, Montrose, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 1488 40th St Sw, Montrose, MN?

1488 40th St Sw, Montrose, MN has 6 bedrooms, 5 bathrooms, 1,992 square feet of living space and a 40.00-acre lot.

When was 1488 40th St Sw, Montrose, MN built?

1488 40th St Sw, Montrose, MN was built in 1970, making it 56 years old. The building has 1 story.

What schools serve 1488 40th St Sw, Montrose, MN?

1488 40th St Sw, Montrose, MN is assigned to Montrose Elementary School of Innovation (elementary), rated B-; Buffalo Community Middle School (middle), rated B+; Buffalo High School (high), rated B+. All sit in Buffalo-Hanover-Montrose Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1488 40th St Sw, Montrose, MN compare to other homes in Montrose 55363?

Among the 1,999 homes in Montrose 55363, it is worth more than 92% of them ($476,431 against a typical $297,491), its price per square foot is higher than 51% of them ($239 against a typical $239), it is bigger than 92% of them (1,992 ft² against a typical 1,216 ft²), its lot is bigger than 97% of them (40 ac against a typical 0.28 ac) and it is newer than 13% of them (1970 against a typical 2002). Measured against all of Wright County, it is worth more than 76% 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 1488 40th St Sw, Montrose, MN?

The 2026 property tax bill for 1488 40th St Sw, Montrose, MN was $4,072. The county assessed it at $842,900.

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