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Residential (General/Single)Residential
$720,943$290 / 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 $437,000 on Apr 25, 2014

3240 MAGNOLIA DR

HAMEL, MN 55340
4
Beds
2.5
Baths
2,486 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.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
2013
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

$721K
$690K low$752K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$437,000 · Apr 25, 2014

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,583 (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.$655,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$170,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$485,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$650,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$655,200

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.0.22
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
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
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.Deck · 192 ft²Porch · 138 ft²

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

H
Wayzata High SchoolA+
High · Grades 9–12 · 1.2 mi
E
Greenwood Elementary SchoolA-
Elementary · Grades KG–5 · 1.4 mi
M
West Middle SchoolA
Middle · Grades 6–8 · 4.3 mi

District: Wayzata Public School District

Neighborhood · ZIP 55340These 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.27
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.2%
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.9,056
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.261 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$163,049
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$242,627
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%

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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

3240 Magnolia Dr 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 87% of homes in Hennepin County
  • Bigger than 87% of homes in Hennepin County
  • Has a smaller lot than 73% of homes in Hamel 55340
  • Newer than 94% of homes in Hennepin County

What homes are worth in Hamel 55340

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

This home
$323K$1.9M

This home is worth more than 54% of homes in Hamel 55340.

How it measures up in Hamel 55340

The dot is this home. The mark in the middle is the typical home in Hamel 55340.

Estimated value$720,943
CheaperTypical $695,389Pricier

Pricier than 54% of homes nearby

Price per ft²$290
CheaperTypical $292Pricier

Pricier than 48% of homes nearby

Living area2,486 ft²
SmallerTypical 2,243 ft²Bigger

Bigger than 58% of homes nearby

Lot size0.22 ac
SmallerTypical 0.33 acBigger

Bigger than 27% of homes nearby

Year built2013
OlderTypical 2013Newer

Newer than 51% of homes nearby

How 3240 Magnolia Dr ranks against every home in each area.
MeasureThis homeHamel 55340Hennepin County
Estimated valuepricier than$720,94354% of homes87% of homes
Price per ft²pricier than$29048% of homes55% of homes
Living areabigger than2,486 ft²58% of homes87% of homes
Lot sizebigger than0.22 ac27% of homes40% of homes
Year builtnewer than201351% of homes94% of homes

About 3240 Magnolia Dr

How much is 3240 Magnolia Dr, Hamel, MN worth?

The TopHap Estimate for 3240 Magnolia Dr, Hamel, MN is $720,943 as of Sep 24, 2026. The likely range is $690,356 to $751,530. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3240 Magnolia Dr, Hamel, MN last sell?

3240 Magnolia Dr, Hamel, MN last sold on Apr 25, 2014 for $437,000, according to the county's recorded deed.

How big is 3240 Magnolia Dr, Hamel, MN?

3240 Magnolia Dr, Hamel, MN has 4 bedrooms, 2.5 bathrooms, 2,486 square feet of living space and a 0.22-acre lot.

When was 3240 Magnolia Dr, Hamel, MN built?

3240 Magnolia Dr, Hamel, MN was built in 2013, making it 13 years old. The building has 2 stories.

What schools serve 3240 Magnolia Dr, Hamel, MN?

3240 Magnolia Dr, Hamel, MN is assigned to Wayzata High School (high), rated A+; Greenwood Elementary School (elementary), rated A-; West Middle School (middle), rated A. All sit in Wayzata Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3240 Magnolia Dr, Hamel, MN compare to other homes in Hamel 55340?

Among the 4,292 homes in Hamel 55340, it is worth more than 54% of them ($720,943 against a typical $695,389), its price per square foot is higher than 48% of them ($290 against a typical $292), it is bigger than 58% of them (2,486 ft² against a typical 2,243 ft²), its lot is bigger than 27% of them (0.22 ac against a typical 0.33 ac) and it is newer than 51% of them (2013 against a typical 2013). Measured against all of Hennepin County, it is worth more than 87% 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 3240 Magnolia Dr, Hamel, MN?

The 2025 property tax bill for 3240 Magnolia Dr, Hamel, MN was $7,583. The county assessed it at $655,200.

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