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Apartments (Generic)Residential
Last sold for $33,250,000 on Jan 8, 2024

5855 HIGHWAY 7

MINNEAPOLIS, MN 55416
0
Baths
2.28 ac
Lot SizeThe size of the land the home sits on, from county records.
2020
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$33,250,000 · Jan 8, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$452,226 (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.$37,620,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,340,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$33,280,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$37,620,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$37,620,000

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
CountyHENNEPIN
Lot (acres)The size of the land the home sits on, from county records.2.28
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.

H
St. Louis Park High SchoolB+
High · Grades 9–12 · 0.5 mi
E
Peter Hobart Elementary SchoolB
Elementary · Grades KG–5 · 1.3 mi
M
St. Louis Park Middle SchoolC
Middle · Grades 6–8 · 2.0 mi

District: St. Louis Park Public School District

Neighborhood · ZIP 55416These 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.98
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.47%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
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.31,562
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,956 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$112,196
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$132,176
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 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

5855 Highway 7 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 largest lots in Elmwood
  • Among the newest homes in Elmwood

How it measures up in Minneapolis 55416

The dot is this home. The mark in the middle is the typical home in Minneapolis 55416.

Lot size2.28 ac
SmallerTypical 0.24 acBigger

Bigger than 90% of homes nearby

Year built2020
OlderTypical 1955Newer

Newer than almost all homes nearby

How 5855 Highway 7 ranks against every home in each area.
MeasureThis homeElmwoodMinneapolis 55416Hennepin County
Lot sizebigger than2.28 acalmost all homes90% of homes93% of homes
Year builtnewer than2020almost all homesalmost all homes98% of homes

About 5855 Highway 7

When did 5855 Highway 7, Minneapolis, MN last sell?

5855 Highway 7, Minneapolis, MN last sold on Jan 8, 2024 for $33,250,000, according to the county's recorded deed.

When was 5855 Highway 7, Minneapolis, MN built?

5855 Highway 7, Minneapolis, MN was built in 2020, making it 6 years old.

What schools serve 5855 Highway 7, Minneapolis, MN?

5855 Highway 7, Minneapolis, MN is assigned to St. Louis Park High School (high), rated B+; Peter Hobart Elementary School (elementary), rated B; St. Louis Park Middle School (middle), rated C. All sit in St. Louis Park Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5855 Highway 7, Minneapolis, MN compare to other homes in Minneapolis 55416?

Among the 11,585 homes in Minneapolis 55416, its lot is bigger than 90% of them (2.28 ac against a typical 0.24 ac) and it is newer than almost all of them (2020 against a typical 1955). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5855 Highway 7, Minneapolis, MN?

The 2025 property tax bill for 5855 Highway 7, Minneapolis, MN was $452,226. The county assessed it at $37,620,000.

More homes on Highway 7

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Assigned schools

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