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Single Family ResidenceResidential
$212,543$151 / 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 Jul 14, 2026

6040 TERRACE CIR

ROCKFORD, MN 55373
3
Beds
1.5
Baths
1,406 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.
0.49 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.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
4
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$213K
$206K low$219K high
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.$65,905
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$52,724
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.56%
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.$85,000
RESIDENTIAL MORTGAGE GROUP INC · R · recorded Nov 20, 2001
2nd 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.$61,638
US BANK NA ND

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,127 (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.$326,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$70,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$256,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$335,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$326,400

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.Ranch
CountyHENNEPIN
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.0.49
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.Floor/Wall Furnace
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.No
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.Porch · 54 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Rockford Elementary SchoolC
Elementary · Grades KG–4 · 0.4 mi
M
Rockford Middle SchoolB-
Middle · Grades 5–8 · 0.5 mi
H
Rockford High SchoolA
High · Grades 9–12 · 0.5 mi

District: Rockford Area School District 883

Neighborhood · ZIP 55373These 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.82
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.16

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.5,121
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.426 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,772
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$105,401
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.29 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

6040 Terrace Cir 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 81% of homes in Rockford 55373
  • Costs less per square foot than 88% of homes in Hennepin County
  • Has a bigger lot than 76% of homes in Hennepin County
  • Older than 80% of homes in Rockford 55373

What homes are worth in Rockford 55373

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

This home
$154K$1.1M

This home is worth more than 19% of homes in Rockford 55373.

How it measures up in Rockford 55373

The dot is this home. The mark in the middle is the typical home in Rockford 55373.

Estimated value$212,543
CheaperTypical $284,180Pricier

Pricier than 19% of homes nearby

Price per ft²$151
CheaperTypical $199Pricier

Pricier than 20% of homes nearby

Living area1,406 ft²
SmallerTypical 1,396 ft²Bigger

Bigger than 51% of homes nearby

Lot size0.49 ac
SmallerTypical 0.33 acBigger

Bigger than 70% of homes nearby

Year built1977
OlderTypical 1998Newer

Newer than 20% of homes nearby

How 6040 Terrace Cir ranks against every home in each area.
MeasureThis homeRockford 55373Hennepin County
Estimated valuepricier than$212,54319% of homes23% of homes
Price per ft²pricier than$15120% of homes12% of homes
Living areabigger than1,406 ft²51% of homes52% of homes
Lot sizebigger than0.49 ac70% of homes76% of homes
Year builtnewer than197720% of homes58% of homes

About 6040 Terrace Cir

How much is 6040 Terrace Cir, Rockford, MN worth?

The TopHap Estimate for 6040 Terrace Cir, Rockford, MN is $212,543 as of Jul 14, 2026. The likely range is $205,629 to $219,457. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 6040 Terrace Cir, Rockford, MN last sell?

6040 Terrace Cir, Rockford, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 6040 Terrace Cir, Rockford, MN?

6040 Terrace Cir, Rockford, MN has 3 bedrooms, 1.5 bathrooms, 1,406 square feet of living space and a 0.49-acre lot.

When was 6040 Terrace Cir, Rockford, MN built?

6040 Terrace Cir, Rockford, MN was built in 1977, making it 49 years old. It is a ranch home. The building has 1 story.

What schools serve 6040 Terrace Cir, Rockford, MN?

6040 Terrace Cir, Rockford, MN is assigned to Rockford Elementary School (elementary), rated C; Rockford Middle School (middle), rated B-; Rockford High School (high), rated A. All sit in Rockford Area School District 883. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 6040 Terrace Cir, Rockford, MN compare to other homes in Rockford 55373?

Among the 2,243 homes in Rockford 55373, it is worth more than 19% of them ($212,543 against a typical $284,180), its price per square foot is higher than 20% of them ($151 against a typical $199), it is bigger than 51% of them (1,406 ft² against a typical 1,396 ft²), its lot is bigger than 70% of them (0.49 ac against a typical 0.33 ac) and it is newer than 20% of them (1977 against a typical 1998). Measured against all of Hennepin County, it is worth more than 23% 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 6040 Terrace Cir, Rockford, MN?

The 2025 property tax bill for 6040 Terrace Cir, Rockford, MN was $4,127. The county assessed it at $326,400.

Closest homes

More homes in Rockford 55373

Assigned schools

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