Skip to content
Skip to content
TopHapOpen in map
Retail Stores (Personal Services, Photography, Travel)Commercial
$77,444$34 / 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 56How 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

407 1ST ST

WELCOME, MN 56181
0
Baths
2,288 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.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1946
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$77K
$44K low$111K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$828 (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.$25,000 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$23,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$25,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$25,000

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.36
39
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
15
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
64
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
53
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
9
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 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.Retail Stores (Personal Services, Photography, Travel)
CountyMARTIN
Lot (acres)The size of the land the home sits on, from county records.0.19
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.Composition Shingle
HeatingThe type of heating system in the home.Hot Water
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

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
Sherburn Elementary School
Elementary · Grades KG–2 · 5.3 mi
M
Martin County West Junior High SchoolC
Middle · Grades 7–8 · 5.5 mi
H
Martin County West Senior High SchoolC-
High · Grades 9–12 · 5.5 mi

District: Martin County West School District

Neighborhood · ZIP 56181These 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.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.10

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.15%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
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.1,117
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.18 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$67,266
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$77,763
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%

Owner Tools

Do you own this home?
Claim this home

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

407 1st 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 less than 81% of homes in Welcome 56181
  • Costs less per square foot than 98% of homes in Welcome 56181
  • Bigger than 87% of homes in Martin County
  • Has a smaller lot than 88% of homes in Welcome 56181

What homes are worth in Welcome 56181

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

This home
$36K$670K

This home is worth more than 19% of homes in Welcome 56181.

How it measures up in Welcome 56181

The dot is this home. The mark in the middle is the typical home in Welcome 56181.

Estimated value$77,444
CheaperTypical $138,695Pricier

Pricier than 19% of homes nearby

Price per ft²$34
CheaperTypical $106Pricier

Pricier than 2% of homes nearby

Living area2,288 ft²
SmallerTypical 1,464 ft²Bigger

Bigger than 86% of homes nearby

Lot size0.19 ac
SmallerTypical 0.48 acBigger

Bigger than 12% of homes nearby

Year built1946
OlderTypical 1953Newer

Newer than 43% of homes nearby

How 407 1st St ranks against every home in each area.
MeasureThis homeWelcome 56181Martin County
Estimated valuepricier than$77,44419% of homes21% of homes
Price per ft²pricier than$342% of homes3% of homes
Living areabigger than2,288 ft²86% of homes87% of homes
Lot sizebigger than0.19 ac12% of homes27% of homes
Year builtnewer than194643% of homes44% of homes

About 407 1st St

How much is 407 1st St, Welcome, MN worth?

The TopHap Estimate for 407 1st St, Welcome, MN is $77,444 as of Jul 14, 2026. The likely range is $43,753 to $111,135. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 407 1st St, Welcome, MN last sell?

407 1st St, Welcome, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 407 1st St, Welcome, MN?

407 1st St, Welcome, MN has 2,288 square feet of living space and a 0.19-acre lot.

When was 407 1st St, Welcome, MN built?

407 1st St, Welcome, MN was built in 1946, making it 80 years old. The building has 1 story.

What schools serve 407 1st St, Welcome, MN?

407 1st St, Welcome, MN is assigned to Sherburn Elementary School (elementary); Martin County West Junior High School (middle), rated C; Martin County West Senior High School (high), rated C-. All sit in Martin County West School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 407 1st St, Welcome, MN compare to other homes in Welcome 56181?

Among the 586 homes in Welcome 56181, it is worth more than 19% of them ($77,444 against a typical $138,695), its price per square foot is higher than 2% of them ($34 against a typical $106), it is bigger than 86% of them (2,288 ft² against a typical 1,464 ft²), its lot is bigger than 12% of them (0.19 ac against a typical 0.48 ac) and it is newer than 43% of them (1946 against a typical 1953). Measured against all of Martin County, it is worth more than 21% 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 407 1st St, Welcome, MN?

The 2025 property tax bill for 407 1st St, Welcome, MN was $828. The county assessed it at $25,000.

More homes on 1st St

Closest homes

More homes in Welcome 56181

Assigned schools

Explore the area

See this home in context

Open 407 1st St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map