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Single Family ResidenceResidential
$548,862$175 / 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 97How 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 $312,000 on Nov 17, 2016

505 DIVISION ST S

MORRISTOWN, MN 55052
3
Beds
4 / 2
Baths
3,136 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 ac
Lot SizeThe size of the land the home sits on, from county records.
2012
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
5
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$549K
$533K low$565K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$312,000 · Nov 17, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,122 (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.$519,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$130,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$389,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$511,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$519,600

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.15 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

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.A-Frame
CountyRICE
Lot (acres)The size of the land the home sits on, from county records.5.00
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.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
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.Mixed
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.Patio · 520 ft²

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
Waterville - Elysian - Morristown Junior High SchoolA-
Middle · Grades 7–8 · 0.3 mi
E
Waterville Elementary SchoolB-
Elementary · Grades PK–4 · 5.8 mi
H
Waterville High SchoolB-
High · Grades 9–12 · 5.8 mi

District: Waterville-Elysian-Morristown Public School District

Neighborhood · ZIP 55052These 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.130
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.6%
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.2,290
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.47 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$88,145
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$101,491
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 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

505 Division St S 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 84% of homes in Rice County
  • Costs less per square foot than 80% of homes in Rice County
  • Bigger than 97% of homes in Morristown 55052
  • Has a bigger lot than 82% of homes in Rice County
  • Newer than 93% of homes in Morristown 55052

What homes are worth in Morristown 55052

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

This home
$120K$828K

This home is worth more than 82% of homes in Morristown 55052.

How it measures up in Morristown 55052

The dot is this home. The mark in the middle is the typical home in Morristown 55052.

Estimated value$548,862
CheaperTypical $339,367Pricier

Pricier than 82% of homes nearby

Price per ft²$175
CheaperTypical $225Pricier

Pricier than 33% of homes nearby

Living area3,136 ft²
SmallerTypical 1,376 ft²Bigger

Bigger than 97% of homes nearby

Lot size5 ac
SmallerTypical 0.73 acBigger

Bigger than 70% of homes nearby

Year built2012
OlderTypical 1974Newer

Newer than 93% of homes nearby

How 505 Division St S ranks against every home in each area.
MeasureThis homeMorristown 55052Rice County
Estimated valuepricier than$548,86282% of homes84% of homes
Price per ft²pricier than$17533% of homes20% of homes
Living areabigger than3,136 ft²97% of homes97% of homes
Lot sizebigger than5 ac70% of homes82% of homes
Year builtnewer than201293% of homes92% of homes

About 505 Division St S

How much is 505 Division St S, Morristown, MN worth?

The TopHap Estimate for 505 Division St S, Morristown, MN is $548,862 as of Sep 24, 2026. The likely range is $532,632 to $565,092. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 505 Division St S, Morristown, MN last sell?

505 Division St S, Morristown, MN last sold on Nov 17, 2016 for $312,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 505 Division St S, Morristown, MN?

505 Division St S, Morristown, MN has 3 bedrooms, 4 bathrooms, 3,136 square feet of living space and a 5.00-acre lot.

When was 505 Division St S, Morristown, MN built?

505 Division St S, Morristown, MN was built in 2012, making it 14 years old. It is a a-frame home. The building has 1 story.

What schools serve 505 Division St S, Morristown, MN?

505 Division St S, Morristown, MN is assigned to Waterville - Elysian - Morristown Junior High School (middle), rated A-; Waterville Elementary School (elementary), rated B-; Waterville High School (high), rated B-. All sit in Waterville-Elysian-Morristown Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 505 Division St S, Morristown, MN compare to other homes in Morristown 55052?

Among the 1,065 homes in Morristown 55052, it is worth more than 82% of them ($548,862 against a typical $339,367), its price per square foot is higher than 33% of them ($175 against a typical $225), it is bigger than 97% of them (3,136 ft² against a typical 1,376 ft²), its lot is bigger than 70% of them (5 ac against a typical 0.73 ac) and it is newer than 93% of them (2012 against a typical 1974). Measured against all of Rice County, it is worth more than 84% 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 505 Division St S, Morristown, MN?

The 2026 property tax bill for 505 Division St S, Morristown, MN was $8,122. The county assessed it at $519,600.

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