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Residential (General/Single)Residential
$991,444$276 / 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 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $214,900 on Oct 21, 2022

8985 GRACE LN

LORETTO, MN 55357
4
Beds
3.3
Baths
3,589 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.
3.19 ac
Lot SizeThe size of the land the home sits on, from county records.
2023
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
12
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$991K
$888K low$1.1M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$214,900 · Oct 21, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$12,804 (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.$1,000,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$225,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$775,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$428,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,000,800

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
29
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
58
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
54
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential (General/Single)
CountyHENNEPIN
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.Package
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.

E
Hanover Elementary SchoolA
Elementary · Grades KG–5 · 2.5 mi
H
Buffalo High SchoolA-
High · Grades 9–12 · 9.5 mi
M
Buffalo Community Middle SchoolB+
Middle · Grades 6–8 · 11.7 mi

District: Buffalo-Hanover-Montrose Schools

Neighborhood · ZIP 55357These 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.42
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.96
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

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.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
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.3,155
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.162 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$128,581
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$177,942
Average tempThe average temperature here across a full year.44°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

8985 Grace 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 96% of homes in Hennepin County
  • Costs more per square foot than 68% of homes in Hennepin County
  • Bigger than 96% of homes in Hennepin County
  • Has a bigger lot than 95% of homes in Hennepin County
  • Among the newest homes in Loretto 55357

What homes are worth in Loretto 55357

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

This home
$89K$1.3M

This home is worth more than 95% of homes in Loretto 55357.

How it measures up in Loretto 55357

The dot is this home. The mark in the middle is the typical home in Loretto 55357.

Estimated value$991,444
CheaperTypical $401,758Pricier

Pricier than 95% of homes nearby

Price per ft²$276
CheaperTypical $270Pricier

Pricier than 53% of homes nearby

Living area3,589 ft²
SmallerTypical 1,827 ft²Bigger

Bigger than 94% of homes nearby

Lot size3.19 ac
SmallerTypical 2.53 acBigger

Bigger than 58% of homes nearby

Year built2023
OlderTypical 1997Newer

Newer than almost all homes nearby

How 8985 Grace Ln ranks against every home in each area.
MeasureThis homeLoretto 55357Hennepin County
Estimated valuepricier than$991,44495% of homes96% of homes
Price per ft²pricier than$27653% of homes68% of homes
Living areabigger than3,589 ft²94% of homes96% of homes
Lot sizebigger than3.19 ac58% of homes95% of homes
Year builtnewer than2023almost all homesalmost all homes

About 8985 Grace Ln

How much is 8985 Grace Ln, Loretto, MN worth?

The TopHap Estimate for 8985 Grace Ln, Loretto, MN is $991,444 as of Aug 30, 2026. The likely range is $888,106 to $1,094,782. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 8985 Grace Ln, Loretto, MN last sell?

8985 Grace Ln, Loretto, MN last sold on Oct 21, 2022 for $214,900, according to the county's recorded deed.

How big is 8985 Grace Ln, Loretto, MN?

8985 Grace Ln, Loretto, MN has 4 bedrooms, 3.3 bathrooms and 3,589 square feet of living space.

When was 8985 Grace Ln, Loretto, MN built?

8985 Grace Ln, Loretto, MN was built in 2023, making it 3 years old. The building has 2 stories.

What schools serve 8985 Grace Ln, Loretto, MN?

8985 Grace Ln, Loretto, MN is assigned to Hanover Elementary School (elementary), rated A; Buffalo High School (high), rated A-; Buffalo Community Middle School (middle), rated B+. All sit in Buffalo-Hanover-Montrose Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 8985 Grace Ln, Loretto, MN compare to other homes in Loretto 55357?

Among the 1,498 homes in Loretto 55357, it is worth more than 95% of them ($991,444 against a typical $401,758), its price per square foot is higher than 53% of them ($276 against a typical $270), it is bigger than 94% of them (3,589 ft² against a typical 1,827 ft²), its lot is bigger than 58% of them (3.19 ac against a typical 2.53 ac) and it is newer than almost all of them (2023 against a typical 1997). Measured against all of Hennepin County, it is worth more than 96% 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 8985 Grace Ln, Loretto, MN?

The 2025 property tax bill for 8985 Grace Ln, Loretto, MN was $12,804. The county assessed it at $1,000,800.

More homes on Grace Ln

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