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Single Family ResidenceResidential
$435,847$277 / 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 90How 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
Last sold for $460,000 on May 16, 2025

23348 FARMSTEAD WAY

ROGERS, MN 55374
4
Beds
2.8
Baths
1,575 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.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
2024
Year BuiltThe year the home was originally built, according to county records.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$436K
$394K low$478K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$460,000 · May 16, 2025
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$48,847
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$39,078
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.76%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$355,000
LENNAR MORTGAGE LLC · recorded May 16, 2025
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$32,000
BUILD WEALTH MN INC

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,450 (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.$134,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$60,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$74,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$134,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.37
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
33
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
59
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
50
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

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
StyleThe architectural style of the home, such as ranch or colonial.Split Level
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.0.23
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.Package
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

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
Rogers STEM Magnet Elementary SchoolA
Elementary · Grades KG–4 · 1.2 mi
M
Rogers Middle SchoolA
Middle · Grades 5–8 · 2.7 mi
H
Rogers High SchoolA+
High · Grades 9–12 · 2.8 mi

District: Elk River Area Isd 728

Neighborhood · ZIP 55374These 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.26
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

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.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.15,577
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.418 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$138,708
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$158,886
Average tempThe average temperature here across a full year.44°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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

23348 Farmstead Way 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 74% of homes in Hennepin County
  • Costs more per square foot than 80% of homes in Rogers 55374
  • Smaller than 71% of homes in Rogers 55374
  • Has a smaller lot than 72% of homes in Rogers 55374
  • Among the newest homes in Hennepin County

What homes are worth in Rogers 55374

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

This home
$198K$859K

This home is worth more than 63% of homes in Rogers 55374.

How it measures up in Rogers 55374

The dot is this home. The mark in the middle is the typical home in Rogers 55374.

Estimated value$435,847
CheaperTypical $379,415Pricier

Pricier than 63% of homes nearby

Price per ft²$277
CheaperTypical $206Pricier

Pricier than 80% of homes nearby

Living area1,575 ft²
SmallerTypical 1,838 ft²Bigger

Bigger than 29% of homes nearby

Lot size0.23 ac
SmallerTypical 0.35 acBigger

Bigger than 28% of homes nearby

Year built2024
OlderTypical 2002Newer

Newer than 97% of homes nearby

How 23348 Farmstead Way ranks against every home in each area.
MeasureThis homeRogers 55374Hennepin County
Estimated valuepricier than$435,84763% of homes74% of homes
Price per ft²pricier than$27780% of homes74% of homes
Living areabigger than1,575 ft²29% of homes61% of homes
Lot sizebigger than0.23 ac28% of homes47% of homes
Year builtnewer than202497% of homesalmost all homes

About 23348 Farmstead Way

How much is 23348 Farmstead Way, Rogers, MN worth?

The TopHap Estimate for 23348 Farmstead Way, Rogers, MN is $435,847 as of Jul 14, 2026. The likely range is $393,969 to $477,725. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 23348 Farmstead Way, Rogers, MN last sell?

23348 Farmstead Way, Rogers, MN last sold on May 16, 2025 for $460,000, according to the county's recorded deed.

How big is 23348 Farmstead Way, Rogers, MN?

23348 Farmstead Way, Rogers, MN has 4 bedrooms, 2.8 bathrooms, 1,575 square feet of living space and a 0.23-acre lot.

When was 23348 Farmstead Way, Rogers, MN built?

23348 Farmstead Way, Rogers, MN was built in 2024, making it 2 years old. It is a split level home.

What schools serve 23348 Farmstead Way, Rogers, MN?

23348 Farmstead Way, Rogers, MN is assigned to Rogers STEM Magnet Elementary School (elementary), rated A; Rogers Middle School (middle), rated A; Rogers High School (high), rated A+. All sit in Elk River Area Isd 728. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 23348 Farmstead Way, Rogers, MN compare to other homes in Rogers 55374?

Among the 6,830 homes in Rogers 55374, it is worth more than 63% of them ($435,847 against a typical $379,415), its price per square foot is higher than 80% of them ($277 against a typical $206), it is bigger than 29% of them (1,575 ft² against a typical 1,838 ft²), its lot is bigger than 28% of them (0.23 ac against a typical 0.35 ac) and it is newer than 97% of them (2024 against a typical 2002). Measured against all of Hennepin County, it is worth more than 74% 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 23348 Farmstead Way, Rogers, MN?

The 2025 property tax bill for 23348 Farmstead Way, Rogers, MN was $1,450. The county assessed it at $134,800.

Closest homes

More homes in Rogers 55374

Assigned schools

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