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Single Family ResidenceResidential
$249,766$233 / 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 96How 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 $188,200 on Jun 24, 2022

3040 HIGHWAY 7 SW

MONTEVIDEO, MN 56265
0
Baths
1,070 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.
5.58 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.

Valuation

$250K
$239K low$261K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$188,200 · Jun 24, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,874 (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.$274,500 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$44,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$229,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$208,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$274,500

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.27
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
34
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
51
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
44
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
8
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
CountyCHIPPEWA
Lot (acres)The size of the land the home sits on, from county records.5.58
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.

M
Montevideo Middle SchoolB-
Middle · Grades 5–8 · 2.0 mi
H
Montevideo Senior High SchoolB+
High · Grades 9–12 · 2.2 mi
E
Ramsey Elementary SchoolC+
Elementary · Grades KG–2 · 2.8 mi

District: Montevideo Public School District

Neighborhood · ZIP 56265These 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.128
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.20

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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
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.7,691
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.28 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,477
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75,547
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.26 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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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

3040 Highway 7 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 79% of homes in Chippewa County
  • Costs more per square foot than 91% of homes in Chippewa County
  • Has a bigger lot than 87% of homes in Montevideo 56265
  • Older than 69% of homes in Chippewa County

What homes are worth in Montevideo 56265

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

This home
$41K$517K

This home is worth more than 76% of homes in Montevideo 56265.

How it measures up in Montevideo 56265

The dot is this home. The mark in the middle is the typical home in Montevideo 56265.

Estimated value$249,766
CheaperTypical $160,000Pricier

Pricier than 76% of homes nearby

Price per ft²$233
CheaperTypical $162Pricier

Pricier than 89% of homes nearby

Living area1,070 ft²
SmallerTypical 1,080 ft²Bigger

Bigger than 50% of homes nearby

Lot size5.58 ac
SmallerTypical 0.28 acBigger

Bigger than 87% of homes nearby

Year built1920
OlderTypical 1950Newer

Newer than 32% of homes nearby

How 3040 Highway 7 Sw ranks against every home in each area.
MeasureThis homeMontevideo 56265Chippewa County
Estimated valuepricier than$249,76676% of homes79% of homes
Price per ft²pricier than$23389% of homes91% of homes
Living areabigger than1,070 ft²50% of homes52% of homes
Lot sizebigger than5.58 ac87% of homes87% of homes
Year builtnewer than192032% of homes31% of homes

About 3040 Highway 7 Sw

How much is 3040 Highway 7 Sw, Montevideo, MN worth?

The TopHap Estimate for 3040 Highway 7 Sw, Montevideo, MN is $249,766 as of Sep 24, 2026. The likely range is $239,027 to $260,505. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3040 Highway 7 Sw, Montevideo, MN last sell?

3040 Highway 7 Sw, Montevideo, MN last sold on Jun 24, 2022 for $188,200, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 3040 Highway 7 Sw, Montevideo, MN?

3040 Highway 7 Sw, Montevideo, MN has 1,070 square feet of living space and a 5.58-acre lot.

When was 3040 Highway 7 Sw, Montevideo, MN built?

3040 Highway 7 Sw, Montevideo, MN was built in 1920, making it 106 years old.

What schools serve 3040 Highway 7 Sw, Montevideo, MN?

3040 Highway 7 Sw, Montevideo, MN is assigned to Montevideo Middle School (middle), rated B-; Montevideo Senior High School (high), rated B+; Ramsey Elementary School (elementary), rated C+. All sit in Montevideo Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3040 Highway 7 Sw, Montevideo, MN compare to other homes in Montevideo 56265?

Among the 2,975 homes in Montevideo 56265, it is worth more than 76% of them ($249,766 against a typical $160,000), its price per square foot is higher than 89% of them ($233 against a typical $162), it is bigger than 50% of them (1,070 ft² against a typical 1,080 ft²), its lot is bigger than 87% of them (5.58 ac against a typical 0.28 ac) and it is newer than 32% of them (1920 against a typical 1950). Measured against all of Chippewa County, it is worth more than 79% 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 3040 Highway 7 Sw, Montevideo, MN?

The 2026 property tax bill for 3040 Highway 7 Sw, Montevideo, MN was $6,874. The county assessed it at $274,500.

More homes on Highway 7 Sw

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