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Single Family ResidenceResidential
$182,275$200 / 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 79How 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 $189,000 on Feb 21, 2006

516 RIDGE RD

MAYER, MN 55360
4
Beds
1.8
Baths
912 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.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$182K
$144K low$221K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$189,000 · Feb 21, 2006
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.$78,275
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$62,620
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.55%
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.$104,000
CORTRUST MTG · recorded Jan 14, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,340 (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.$242,200 (2026)
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.$182,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$238,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$242,200

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
CountyCARVER
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1985
Lot (acres)The size of the land the home sits on, from county records.0.26
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.Central
CoolingThe type of cooling or air conditioning in the home.Yes
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.Deck · 120 ft²

Transaction History(2)

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
Watertown-Mayer Elementary SchoolA
Elementary · Grades 1–5 · 5.8 mi
M
Watertown-Mayer Middle SchoolA
Middle · Grades 6–8 · 6.0 mi
H
Watertown-Mayer High SchoolA-
High · Grades 9–12 · 6.0 mi

District: Watertown-Mayer Public School District

Neighborhood · ZIP 55360These 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.110
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

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.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.9%
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.3,331
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.104 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$112,323
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$126,830
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

516 Ridge Rd 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 95% of homes in Mayer 55360
  • Among the smallest homes in Mayer 55360
  • Has a smaller lot than 77% of homes in Mayer 55360
  • Older than 80% of homes in Carver County

What homes are worth in Mayer 55360

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

This home
$153K$842K

This home is worth more than 5% of homes in Mayer 55360.

How it measures up in Mayer 55360

The dot is this home. The mark in the middle is the typical home in Mayer 55360.

Estimated value$182,275
CheaperTypical $273,688Pricier

Pricier than 5% of homes nearby

Price per ft²$200
CheaperTypical $184Pricier

Pricier than 62% of homes nearby

Living area912 ft²
SmallerTypical 1,461 ft²Bigger

Smaller than almost all homes nearby

Lot size0.26 ac
SmallerTypical 0.34 acBigger

Bigger than 23% of homes nearby

Year built1977
OlderTypical 2003Newer

Newer than 25% of homes nearby

How 516 Ridge Rd ranks against every home in each area.
MeasureThis homeMayer 55360Carver County
Estimated valuepricier than$182,2755% of homes8% of homes
Price per ft²pricier than$20062% of homes48% of homes
Living areabigger than912 ft²almost no homes3% of homes
Lot sizebigger than0.26 ac23% of homes41% of homes
Year builtnewer than197725% of homes20% of homes

About 516 Ridge Rd

How much is 516 Ridge Rd, Mayer, MN worth?

The TopHap Estimate for 516 Ridge Rd, Mayer, MN is $182,275 as of Jul 14, 2026. The likely range is $143,808 to $220,742. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 516 Ridge Rd, Mayer, MN last sell?

516 Ridge Rd, Mayer, MN last sold on Feb 21, 2006 for $189,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 516 Ridge Rd, Mayer, MN?

516 Ridge Rd, Mayer, MN has 4 bedrooms, 1.8 bathrooms, 912 square feet of living space and a 0.26-acre lot.

When was 516 Ridge Rd, Mayer, MN built?

516 Ridge Rd, Mayer, MN was built in 1977, making it 49 years old. It is a split level home. The building has 1 story.

What schools serve 516 Ridge Rd, Mayer, MN?

516 Ridge Rd, Mayer, MN is assigned to Watertown-Mayer Elementary School (elementary), rated A; Watertown-Mayer Middle School (middle), rated A; Watertown-Mayer High School (high), rated A-. All sit in Watertown-Mayer Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 516 Ridge Rd, Mayer, MN compare to other homes in Mayer 55360?

Among the 1,312 homes in Mayer 55360, it is worth more than 5% of them ($182,275 against a typical $273,688), its price per square foot is higher than 62% of them ($200 against a typical $184), it is bigger than almost none of them (912 ft² against a typical 1,461 ft²), its lot is bigger than 23% of them (0.26 ac against a typical 0.34 ac) and it is newer than 25% of them (1977 against a typical 2003). Measured against all of Carver County, it is worth more than 8% 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 516 Ridge Rd, Mayer, MN?

The 2026 property tax bill for 516 Ridge Rd, Mayer, MN was $2,340. The county assessed it at $242,200.

Closest homes

More homes in Mayer 55360

Assigned schools

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