4230 40th St SW is a 938 square foot house on a 72.26 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's Rochester data, we estimate the home's value is $850,981.
Single-familyProperty Type
1900Year Built
72.26 acresLot Size
$907Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$850,981
$58K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 62% higher than the average sale price ($525K) of 5 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$3,708 (+13.5%)
$607,100 + $25,000
$632,100
2025
$3,266 (+7.2%)
$541,500 + $25,000
$566,500
2024
$3,048 (+26.1%)
$516,900 + $25,000
$541,900
2023
$2,418 (+7.8%)
$426,900 + $25,000
$451,900
2022
$2,243 (+7.2%)
$332,100 + $25,000
$357,100
2021
$2,092 (−10.7%)
$332,100 + $25,000
$357,100
2020
$2,343 (+7.0%)
$332,100 + $25,000
$357,100
2019
$2,188 (−2.6%)
$332,100 + $25,000
$357,100
2018
$2,246 (−5.3%)
$332,100 + $25,000
$357,100
2017
$2,372 (−7.1%)
$349,700 + $7,000
$356,700
2015
$2,554 (−5.8%)
$333,200 + $7,000
$340,200
2014
$2,710
$308,500 + $7,000
$315,500
Tax history for 4230 40th St SW
Year
Property tax
Land + Additions
Assessment*
2026
$3,708 (+13.5%)
$607,100 + $25,000
$632,100
2025
$3,266 (+7.2%)
$541,500 + $25,000
$566,500
2024
$3,048 (+26.1%)
$516,900 + $25,000
$541,900
2023
$2,418 (+7.8%)
$426,900 + $25,000
$451,900
2022
$2,243 (+7.2%)
$332,100 + $25,000
$357,100
2021
$2,092 (−10.7%)
$332,100 + $25,000
$357,100
2020
$2,343 (+7.0%)
$332,100 + $25,000
$357,100
2019
$2,188 (−2.6%)
$332,100 + $25,000
$357,100
2018
$2,246 (−5.3%)
$332,100 + $25,000
$357,100
2017
$2,372 (−7.1%)
$349,700 + $7,000
$356,700
2015
$2,554 (−5.8%)
$333,200 + $7,000
$340,200
2014
$2,710
$308,500 + $7,000
$315,500
*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, pasture land, and natural habitat for plant and animal life. This district in 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 Agricultural Protection Area and Agricultural 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
Housing-Single unit
Housing-Mobile home park
Timberland
Property details
Interior
Basement Information
Basement Sq. Ft: 468
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Room Information
# of Rooms: 4
Exterior
Exterior Information
Foundation Type: Stone
Building Construction Quality: Average
Exterior Wall: Metal
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Living Sq. Ft: 938
Adjusted Gross Sq. Ft: 1,514
Ground Floor Sq. Ft: 938
Building Sq. Ft: 1,406
# of Stories: 1.25
Stories Type: 1 1/4
Legal Description: SECT-29 TWP-106 RANGE-014 72.26 AC N1/2 NE1/4 & N1/4A SE1/4 NE1/4 LESS TH PT DES AS FOL COM AT NWCOR SD NE1/4 TH E AL N LINE SD NE1/4 368FT TO PT OF BEG TH CONT E AL SD N LINE 590FT TH S590FT TH W590FT TH N590FT TO PT OF BEG SEC 29-106-14
Parking & Garage Information
Garage/Parking Sq. Ft: 924
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,147,646
Municipality Name: ROCHESTER TWP
Acres: 72.26
County Use Description: SINGLE FAM
Financial
Assessor Information
Assessment Year: 2025
Tax District County: ROCHESTER TWP /0535
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 938
Stories: 1.25
Lot Size: 72.26 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1950
County: Olmsted County
APN: 642911047343
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
K - 12
Preschool & daycare
Bamber Valley Elementary School
Public PreK-5 • Assigned • 2.3mi
8/10
Willow Creek Middle School
Public 6-8 • Assigned • 4.3mi
5/10
Mayo Senior High School
Public 9-12 • Assigned • 4.7mi
9/10
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, 15 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
Rochester, MN • 55902
Average low and high temperatures (°F)
23
7
31
15
49
29
57
39
69
49
78
60
83
66
77
61
74
56
62
46
45
31
29
15
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
$809,000 – $979,000
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