4850 40th St SW is a 2,131 square foot house on a 10 acre lot with 4 bedrooms and 2 bathrooms. Based on Redfin's Rochester data, we estimate the home's value is $594,177.
Single-familyProperty Type
1977Year Built
10 acresLot Size
$279Est. Price/Sq.Ft.
3 spacesParking
Source:Public Records
Redfin Estimate
$594,177
$5,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.9% higher than the average sale price ($578K) of 5 comparable homes.
NORTHSTARMLS as Distributed by MLS Grid #SEMN4017520
Jan 18, 2010
Listed
$299,900
$141/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,890 (+4.9%)
$173,600 + $296,500
$470,100
2025
$4,660 (+11.1%)
$162,600 + $275,400
$438,000
2024
$4,194 (+13.7%)
$165,000 + $269,400
$434,400
2023
$3,688 (+3.9%)
$138,510 + $227,550
$366,060
2022
$3,550 (+8.9%)
$117,344 + $207,405
$324,749
2021
$3,260 (−2.9%)
$101,830 + $198,610
$300,440
2020
$3,358 (+4.9%)
$101,490 + $190,020
$291,510
2019
$3,202 (+1.5%)
$101,480 + $189,810
$291,290
2018
$3,154 (+1.6%)
$100,900 + $176,400
$277,300
2017
$3,104 (+10.3%)
$95,600 + $170,000
$265,600
2015
$2,814 (+0.9%)
$95,000 + $158,400
$253,400
2014
$2,788
$95,000 + $158,400
$253,400
Tax history for 4850 40th St SW
Year
Property tax
Land + Additions
Assessment*
2026
$4,890 (+4.9%)
$173,600 + $296,500
$470,100
2025
$4,660 (+11.1%)
$162,600 + $275,400
$438,000
2024
$4,194 (+13.7%)
$165,000 + $269,400
$434,400
2023
$3,688 (+3.9%)
$138,510 + $227,550
$366,060
2022
$3,550 (+8.9%)
$117,344 + $207,405
$324,749
2021
$3,260 (−2.9%)
$101,830 + $198,610
$300,440
2020
$3,358 (+4.9%)
$101,490 + $190,020
$291,510
2019
$3,202 (+1.5%)
$101,480 + $189,810
$291,290
2018
$3,154 (+1.6%)
$100,900 + $176,400
$277,300
2017
$3,104 (+10.3%)
$95,600 + $170,000
$265,600
2015
$2,814 (+0.9%)
$95,000 + $158,400
$253,400
2014
$2,788
$95,000 + $158,400
$253,400
*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: 1,120
Basement Finish: Finished
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Foundation Type: Concrete Block
Building Style Type: Split Level
Building Construction Quality: Above Average
Exterior Wall: Siding Sheathing
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Living Sq. Ft: 2,131
Adjusted Gross Sq. Ft: 1,816
Ground Floor Sq. Ft: 1,347
Building Sq. Ft: 3,307
# of Stories: 1.25
Stories Type: 1 1/4
Legal Description: SECT-29 TWP-106 RANGE-014 10.00 AC TH PT NW1/4 NW1/4 SEC 29 DES AS FOL COM NWCOR NW1/4 TH N 89 DEG 56'16"E AL N LN NW1/4 566FT TO PT OF BEG TH CONT N 89 DEG 56'16"E AL SD N LN 388.42FT TH S 04 DEG 26'46"E 304.17FT TH S 01 DEG 03'47"E 303.42FT TH S 89 DEG 56'16"W
Parking & Garage Information
Parking Type: Unfinished Attached Garage
Garage/Parking Sq. Ft: 840
Garage / Carport Type: Unfinished Attached
Lot Information
# of Buildings: 2
Land Sq. Ft: 435,600
Municipality Name: ROCHESTER TWP
Acres: 10
County Use Description: SINGLE FAM
Financial
Assessor Information
Assessment Year: 2025
Tax District County: ROCHESTER TWP /0535
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,131
Stories: 1.25
Lot Size: 10 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: 1985
County: Olmsted County
APN: 642922070974
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
Bamber Valley Elementary School
Public PreK-5 • Assigned • 2.6mi
8/10
Willow Creek Middle School
Public 6-8 • Assigned • 4.8mi
5/10
Mayo Senior High School
Public 9-12 • Assigned • 5.2mi
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
64
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
$565,000 – $684,000
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