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Single Family ResidenceResidential
$675,416$386 / 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 95How 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 $465,000 on Sep 18, 2003

7240 MONARDO LN

MINNEAPOLIS, MN 55435
4
Beds
4.5
Baths
1,750 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.
1962
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$675K
$642K low$708K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$465,000 · Sep 18, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,311 (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.$676,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$441,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$235,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$668,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$676,300

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.1975
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.Masonry/Concrete Masonry Units (Cmus)
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.Deck · 468 ft²Patio · 468 ft²Porch · 111 ft²

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

E
Cornelia Elementary SchoolA
Elementary · Grades KG–5 · 0.5 mi
H
Edina High SchoolA+
High · Grades 9–12 · 1.1 mi
M
South View Middle SchoolA
Middle · Grades 6–8 · 2.0 mi

District: Edina Public School District

Neighborhood · ZIP 55435These 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.129
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

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.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.40%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.7%
PopulationHow many people live in this area.14,385
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,696 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,688
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,453
Average tempThe average temperature here across a full year.45°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%

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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

7240 Monardo 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.

  • Worth more than 85% of homes in Hennepin County
  • Costs more per square foot than 85% of homes in Hennepin County
  • Bigger than 74% of homes in Minneapolis 55435
  • Has a bigger lot than 87% of homes in Lake Edina
  • Older than 81% of homes in Minneapolis 55435

What homes are worth in Minneapolis 55435

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

This home
$105K$1.2M

This home is worth more than 82% of homes in Minneapolis 55435.

How it measures up in Minneapolis 55435

The dot is this home. The mark in the middle is the typical home in Minneapolis 55435.

Estimated value$675,416
CheaperTypical $239,732Pricier

Pricier than 82% of homes nearby

Price per ft²$386
CheaperTypical $244Pricier

Pricier than 76% of homes nearby

Living area1,750 ft²
SmallerTypical 1,300 ft²Bigger

Bigger than 74% of homes nearby

Lot size0.49 ac
SmallerTypical 1.57 acBigger

Bigger than 26% of homes nearby

Year built1962
OlderTypical 1976Newer

Newer than 19% of homes nearby

How 7240 Monardo Ln ranks against every home in each area.
MeasureThis homeLake EdinaMinneapolis 55435Hennepin County
Estimated valuepricier than$675,41642% of homes82% of homes85% of homes
Price per ft²pricier than$38651% of homes76% of homes85% of homes
Living areabigger than1,750 ft²37% of homes74% of homes69% of homes
Lot sizebigger than0.49 ac87% of homes26% of homes77% of homes
Year builtnewer than196251% of homes19% of homes44% of homes

About 7240 Monardo Ln

How much is 7240 Monardo Ln, Minneapolis, MN worth?

The TopHap Estimate for 7240 Monardo Ln, Minneapolis, MN is $675,416 as of Sep 24, 2026. The likely range is $642,415 to $708,417. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7240 Monardo Ln, Minneapolis, MN last sell?

7240 Monardo Ln, Minneapolis, MN last sold on Sep 18, 2003 for $465,000, according to the county's recorded deed.

How big is 7240 Monardo Ln, Minneapolis, MN?

7240 Monardo Ln, Minneapolis, MN has 4 bedrooms, 4.5 bathrooms, 1,750 square feet of living space and a 0.49-acre lot.

When was 7240 Monardo Ln, Minneapolis, MN built?

7240 Monardo Ln, Minneapolis, MN was built in 1962, making it 64 years old. It is a ranch home. The building has 1 story.

What schools serve 7240 Monardo Ln, Minneapolis, MN?

7240 Monardo Ln, Minneapolis, MN is assigned to Cornelia Elementary School (elementary), rated A; Edina High School (high), rated A+; South View Middle School (middle), rated A. All sit in Edina Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7240 Monardo Ln, Minneapolis, MN compare to other homes in Minneapolis 55435?

Among the 5,149 homes in Minneapolis 55435, it is worth more than 82% of them ($675,416 against a typical $239,732), its price per square foot is higher than 76% of them ($386 against a typical $244), it is bigger than 74% of them (1,750 ft² against a typical 1,300 ft²), its lot is bigger than 26% of them (0.49 ac against a typical 1.57 ac) and it is newer than 19% of them (1962 against a typical 1976). Measured against all of Hennepin County, it is worth more than 85% 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 7240 Monardo Ln, Minneapolis, MN?

The 2025 property tax bill for 7240 Monardo Ln, Minneapolis, MN was $9,311. The county assessed it at $676,300.

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