7231 40th St SW is a 2,192 square foot house on a 68.2 acre lot with 4 bedrooms and 3.5 bathrooms. - it last sold on November 01, 2000 for $133,000. Based on Redfin's Byron data, we estimate the home's value is $1,523,644.
Single-familyProperty Type
1990Year Built
68.2 acresLot Size
$695Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,523,644
$1.4M since sold in November 2000$7,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 69.7% higher than the average sale price ($898K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
A2
Agricultural Protection District
The purpose of this district is to maintain, conserve and enhance agricultural lands, which are historically valuable for crop production, pastureland, and natural habitat for plant and animal life. The district is intended to encourage long-term agricultural uses and preserve prime agricultural farmland by restricting the location and density of non-farm dwellings and other non-farm land uses. The A-2 District does provide a slightly higher density of non-farm dwellings than the A-1 District and is intended to apply to those areas within the Comprehensive Plan's Resource Protection Area where major agricultural investments, large farms, and feedlots are more scattered and greater numbers on non-farm uses or small parcels are present.
Permitted uses
Include but are not limited to:
Agriculture
Dairy
Livestock production
Infrastructure-Other
Agriculture-Cropland
Housing-Mobile home park
Timberland
Property details
Interior
Basement Information
Basement Sq. Ft: 2,176
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete Block
Exterior Wall: Siding Sheathing
Roof Framing Type: Wood
Building Type: Single Family
Property Information
Living Sq. Ft: 2,192
Ground Floor Sq. Ft: 2,192
Building Sq. Ft: 4,984
# of Stories: 1.75
Stories Type: 1 3/4
Legal Description: SECT-23 TWP-106 RANGE-015 68.20 AC NW1/4 SE1/4 AND NE1/4 SW1/4 LESS NW1/4 NE1/4 SW1/4 ALSO LESS TH PT OF THE NW1/4 SE1/4 DES AS FOL BEG SECOR NW1/4 SE1/4 TH N 00 DEG 25'57"W AL E LN NW1/4 SE1/4 228FT TH S 83 DEG 35'33"W 381.07FT TH S 00 DEG 25'57"E PAR WITH E LN
Parking & Garage Information
Parking Type: Attached Finished Garage
Garage/Parking Sq. Ft: 1,276
Garage / Carport Type: Attached Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 2,970,792
Municipality Name: SALEM TWP
Acres: 68.2
County Use Description: SINGLE FAM
Financial
Assessor Information
Assessment Year: 2025
Tax District County: SALEM TWP /0531
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 2,192
Stories: 1.75
Lot Size: 68.2 acres
Style: Single Family Residential
Year Built: 1990
Year Renovated: 1995
County: Olmsted County
APN: 652342080363
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
Byron Elementary School
Public 3-5 • Assigned • 5.0mi
9/10
Byron Middle School
Public 6-8 • Assigned • 5.7mi
7/10
Byron Senior High School
Public 9-12 • Assigned • 6.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 97° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Byron, MN • 55920
Average low and high temperatures (°F)
22
6
30
14
48
28
57
38
69
48
78
60
83
65
77
60
74
55
64
44
44
30
29
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.45M – $1.75M
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