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TownhouseResidential
$727,130$418 / 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 $613,000 on Sep 10, 2020

7718 LOCHMERE TER

MINNEAPOLIS, MN 55439
0
Baths
1,740 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.
3,049 ft²
Lot SizeThe size of the land the home sits on, from county records.
1984
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$727K
$664K low$791K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$613,000 · Sep 10, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$10,715 (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.$765,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$101,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$664,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$720,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$765,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Townhouse
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.1995
Lot (acres)The size of the land the home sits on, from county records.0.07
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
HeatingThe type of heating system in the home.Floor/Wall Furnace
CoolingThe type of cooling or air conditioning in the home.Package
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

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.

M
Valley View Middle SchoolA
Middle · Grades 6–8 · 1.2 mi
E
Creek Valley Elementary SchoolA+
Elementary · Grades KG–5 · 1.7 mi
H
Edina High SchoolA+
High · Grades 9–12 · 2.3 mi

District: Edina Public School District

Neighborhood · ZIP 55439These 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.54
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 100.13

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.94%
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.1.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.9,581
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,010 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$156,880
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$205,692
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

7718 Lochmere Ter 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 87% of homes in Hennepin County
  • Costs more per square foot than 90% of homes in Hennepin County
  • Bigger than 69% of homes in Hennepin County
  • Has a smaller lot than 96% of homes in Minneapolis 55439
  • Newer than 80% of homes in Minneapolis 55439

What homes are worth in Minneapolis 55439

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

This home
$137K$1.9M

This home is worth more than 55% of homes in Minneapolis 55439.

How it measures up in Minneapolis 55439

The dot is this home. The mark in the middle is the typical home in Minneapolis 55439.

Estimated value$727,130
CheaperTypical $686,979Pricier

Pricier than 55% of homes nearby

Price per ft²$418
CheaperTypical $364Pricier

Pricier than 70% of homes nearby

Living area1,740 ft²
SmallerTypical 1,856 ft²Bigger

Bigger than 42% of homes nearby

Lot size3,049 ft²
SmallerTypical 0.36 acBigger

Bigger than 4% of homes nearby

Year built1984
OlderTypical 1971Newer

Newer than 80% of homes nearby

How 7718 Lochmere Ter ranks against every home in each area.
MeasureThis homeDewey HillMinneapolis 55439Hennepin County
Estimated valuepricier than$727,13073% of homes55% of homes87% of homes
Price per ft²pricier than$41889% of homes70% of homes90% of homes
Living areabigger than1,740 ft²53% of homes42% of homes69% of homes
Lot sizebigger than3,049 ft²10% of homes4% of homes5% of homes
Year builtnewer than198472% of homes80% of homes68% of homes

About 7718 Lochmere Ter

How much is 7718 Lochmere Ter, Minneapolis, MN worth?

The TopHap Estimate for 7718 Lochmere Ter, Minneapolis, MN is $727,130 as of Sep 24, 2026. The likely range is $663,681 to $790,579. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7718 Lochmere Ter, Minneapolis, MN last sell?

7718 Lochmere Ter, Minneapolis, MN last sold on Sep 10, 2020 for $613,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 7718 Lochmere Ter, Minneapolis, MN?

7718 Lochmere Ter, Minneapolis, MN has 1,740 square feet of living space and a 0.07-acre lot.

When was 7718 Lochmere Ter, Minneapolis, MN built?

7718 Lochmere Ter, Minneapolis, MN was built in 1984, making it 42 years old. It is a ranch home. The building has 1 story.

What schools serve 7718 Lochmere Ter, Minneapolis, MN?

7718 Lochmere Ter, Minneapolis, MN is assigned to Valley View Middle School (middle), rated A; Creek Valley Elementary School (elementary), rated A+; Edina High School (high), rated A+. All sit in Edina Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7718 Lochmere Ter, Minneapolis, MN compare to other homes in Minneapolis 55439?

Among the 3,566 homes in Minneapolis 55439, it is worth more than 55% of them ($727,130 against a typical $686,979), its price per square foot is higher than 70% of them ($418 against a typical $364), it is bigger than 42% of them (1,740 ft² against a typical 1,856 ft²), its lot is bigger than 4% of them (3,049 ft² against a typical 0.36 ac) and it is newer than 80% of them (1984 against a typical 1971). Measured against all of Hennepin County, it is worth more than 87% 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 7718 Lochmere Ter, Minneapolis, MN?

The 2025 property tax bill for 7718 Lochmere Ter, Minneapolis, MN was $10,715. The county assessed it at $765,100.

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