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Single Family ResidenceResidential
$2,197,930$715 / 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 Aug 30, 2026
Last sold for $2,150,000 on Dec 16, 2025

5280 SALEM LN

LORETTO, MN 55357
4
Beds
3.3
Baths
3,072 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.
64.68 ac
Lot SizeThe size of the land the home sits on, from county records.
2004
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$2.2M
$2.1M low$2.3M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$2,150,000 · Dec 16, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,564 (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.$1,164,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$582,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$582,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,145,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,164,800

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.131 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.1 percent flood zone

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.Colonial
CountyHENNEPIN
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.Yes
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 · 72 ft²Patio · 72 ft²Porch · 402 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.

E
Hanover Elementary SchoolA
Elementary · Grades KG–5 · 3.0 mi
H
Buffalo High SchoolA-
High · Grades 9–12 · 9.6 mi
M
Buffalo Community Middle SchoolB+
Middle · Grades 6–8 · 11.7 mi

District: Buffalo-Hanover-Montrose Schools

Neighborhood · ZIP 55357These 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.42
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 100.11

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.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
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.3,155
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.162 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$128,581
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$177,942
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%

Owner Tools

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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

5280 Salem Ln 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.

  • Among the most valuable homes in Loretto 55357
  • Among the highest price per square foot in Loretto 55357
  • Bigger than 94% of homes in Hennepin County
  • Among the largest lots in Hennepin County
  • Newer than 87% of homes in Hennepin County

What homes are worth in Loretto 55357

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

This home
$86K$1.3M

This home is worth more than almost all homes in Loretto 55357.

How it measures up in Loretto 55357

The dot is this home. The mark in the middle is the typical home in Loretto 55357.

Estimated value$2,197,930
CheaperTypical $401,645Pricier

Pricier than almost all homes nearby

Price per ft²$715
CheaperTypical $270Pricier

Pricier than almost all homes nearby

Living area3,072 ft²
SmallerTypical 1,824 ft²Bigger

Bigger than 89% of homes nearby

Lot size64.68 ac
SmallerTypical 2.53 acBigger

Bigger than almost all homes nearby

Year built2004
OlderTypical 1997Newer

Newer than 79% of homes nearby

How 5280 Salem Ln ranks against every home in each area.
MeasureThis homeLoretto 55357Hennepin County
Estimated valuepricier than$2,197,930almost all homesalmost all homes
Price per ft²pricier than$715almost all homesalmost all homes
Living areabigger than3,072 ft²89% of homes94% of homes
Lot sizebigger than64.68 acalmost all homesalmost all homes
Year builtnewer than200479% of homes87% of homes

About 5280 Salem Ln

How much is 5280 Salem Ln, Loretto, MN worth?

The TopHap Estimate for 5280 Salem Ln, Loretto, MN is $2,197,930 as of Aug 30, 2026. The likely range is $2,119,075 to $2,276,785. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5280 Salem Ln, Loretto, MN last sell?

5280 Salem Ln, Loretto, MN last sold on Dec 16, 2025 for $2,150,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5280 Salem Ln, Loretto, MN?

5280 Salem Ln, Loretto, MN has 4 bedrooms, 3.3 bathrooms and 3,072 square feet of living space.

When was 5280 Salem Ln, Loretto, MN built?

5280 Salem Ln, Loretto, MN was built in 2004, making it 22 years old. It is a colonial home. The building has 2 stories.

What schools serve 5280 Salem Ln, Loretto, MN?

5280 Salem Ln, Loretto, MN is assigned to Hanover Elementary School (elementary), rated A; Buffalo High School (high), rated A-; Buffalo Community Middle School (middle), rated B+. All sit in Buffalo-Hanover-Montrose Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5280 Salem Ln, Loretto, MN compare to other homes in Loretto 55357?

Among the 1,498 homes in Loretto 55357, it is worth more than almost all of them ($2,197,930 against a typical $401,645), its price per square foot is higher than almost all of them ($715 against a typical $270), it is bigger than 89% of them (3,072 ft² against a typical 1,824 ft²), its lot is bigger than almost all of them (64.68 ac against a typical 2.53 ac) and it is newer than 79% of them (2004 against a typical 1997). Measured against all of Hennepin County, it is worth more than almost all 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 5280 Salem Ln, Loretto, MN?

The 2025 property tax bill for 5280 Salem Ln, Loretto, MN was $8,564. The county assessed it at $1,164,800.

More homes on Salem Ln

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