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Single Family ResidenceResidential
$463,705$266 / 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 91How 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 $425,000 on Aug 1, 2024

540 8TH ST SW

PINE ISLAND, MN 55963
4
Beds
1
Baths
1,744 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.
5.47 ac
Lot SizeThe size of the land the home sits on, from county records.
1860
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$464K
$423K low$504K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$425,000 · Aug 1, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,492 (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.$390,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$146,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$244,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$289,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$400,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyOLMSTED
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.1980
Lot (acres)The size of the land the home sits on, from county records.5.47
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
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 · 224 ft²Shed · 1,800 ft²Patio · 160 ft²Porch · 48 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.

H
Pine Island High SchoolA
High · Grades 9–12 · 0.8 mi
M
Pine Island Middle SchoolB-
Middle · Grades 5–8 · 0.8 mi
E
Pine Island Elementary SchoolB
Elementary · Grades PK–4 · 2.4 mi

District: Pine Island Public School District

Neighborhood · ZIP 55963These 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.91
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.76
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

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.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.7%
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.6,189
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.79 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$102,194
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$120,020
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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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

540 8th St Sw 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 79% of homes in Pine Island 55963
  • Costs more per square foot than 66% of homes in Olmsted County
  • Bigger than 73% of homes in Pine Island 55963
  • Has a bigger lot than 97% of homes in Olmsted County
  • Among the oldest homes in Pine Island 55963

What homes are worth in Pine Island 55963

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

This home
$135K$728K

This home is worth more than 79% of homes in Pine Island 55963.

How it measures up in Pine Island 55963

The dot is this home. The mark in the middle is the typical home in Pine Island 55963.

Estimated value$463,705
CheaperTypical $338,862Pricier

Pricier than 79% of homes nearby

Price per ft²$266
CheaperTypical $232Pricier

Pricier than 63% of homes nearby

Living area1,744 ft²
SmallerTypical 1,392 ft²Bigger

Bigger than 73% of homes nearby

Lot size5.47 ac
SmallerTypical 0.33 acBigger

Bigger than 79% of homes nearby

Year built1860
OlderTypical 1993Newer

Older than almost all homes nearby

How 540 8th St Sw ranks against every home in each area.
MeasureThis homePine Island 55963Olmsted County
Estimated valuepricier than$463,70579% of homes79% of homes
Price per ft²pricier than$26663% of homes66% of homes
Living areabigger than1,744 ft²73% of homes71% of homes
Lot sizebigger than5.47 ac79% of homes97% of homes
Year builtnewer than1860almost no homesalmost no homes

About 540 8th St Sw

How much is 540 8th St Sw, Pine Island, MN worth?

The TopHap Estimate for 540 8th St Sw, Pine Island, MN is $463,705 as of Sep 24, 2026. The likely range is $422,969 to $504,441. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 8th St Sw, Pine Island, MN last sell?

540 8th St Sw, Pine Island, MN last sold on Aug 1, 2024 for $425,000, according to the county's recorded deed.

How big is 540 8th St Sw, Pine Island, MN?

540 8th St Sw, Pine Island, MN has 4 bedrooms, 1 bathrooms, 1,744 square feet of living space and a 5.47-acre lot.

When was 540 8th St Sw, Pine Island, MN built?

540 8th St Sw, Pine Island, MN was built in 1860, making it 166 years old. The building has 1 story.

What schools serve 540 8th St Sw, Pine Island, MN?

540 8th St Sw, Pine Island, MN is assigned to Pine Island High School (high), rated A; Pine Island Middle School (middle), rated B-; Pine Island Elementary School (elementary), rated B. All sit in Pine Island Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 8th St Sw, Pine Island, MN compare to other homes in Pine Island 55963?

Among the 2,141 homes in Pine Island 55963, it is worth more than 79% of them ($463,705 against a typical $338,862), its price per square foot is higher than 63% of them ($266 against a typical $232), it is bigger than 73% of them (1,744 ft² against a typical 1,392 ft²), its lot is bigger than 79% of them (5.47 ac against a typical 0.33 ac) and it is newer than almost none of them (1860 against a typical 1993). Measured against all of Olmsted County, it is worth more than 79% 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 540 8th St Sw, Pine Island, MN?

The 2026 property tax bill for 540 8th St Sw, Pine Island, MN was $3,492. The county assessed it at $390,400.

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