5131 40th St SW is a 3,400 square foot house on a 5.54 acre lot with 5 bedrooms and 4 bathrooms. - it last sold on August 31, 2005 for $100,000. Based on Redfin's Rochester data, we estimate the home's value is $871,480.
Single-familyProperty Type
2005Year Built
5.54 acresLot Size
$256Est. Price/Sq.Ft.
5 car garageParking
Source:Public Records
Redfin Estimate
$871,480
$771K since sold in August 2005$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17% higher than the average sale price ($745K) of 6 comparable homes.
NORTHSTARMLS as Distributed by MLS Grid #SEMN2936606
Jan 16, 2008
Listed
$689,900
$203/sq ft
Public Records
Aug 31, 2005
Sold
$100,000
$29/sq ft
Public Records
Sep 17, 2003
Sold
$100,000
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,742 (+3.1%)
$200,000 + $586,800
$786,800
2025
$8,478 (+12.7%)
$200,000 + $551,500
$751,500
2024
$7,520 (+8.5%)
$200,000 + $531,100
$731,100
2023
$6,934 (−2.8%)
$200,000 + $456,900
$656,900
2022
$7,136 (+4.2%)
$200,000 + $428,400
$628,400
2021
$6,846 (−3.8%)
$200,000 + $411,500
$611,500
2020
$7,116 (+26.8%)
$200,000 + $400,700
$600,700
2019
$5,614
$130,000 + $381,900
$511,900
2018
$5,610 (−2.6%)
$130,000 + $367,300
$497,300
2017
$5,758 (+7.3%)
$130,000 + $367,300
$497,300
2015
$5,366 (+3.4%)
$130,000 + $356,300
$486,300
2014
$5,188
$130,000 + $343,900
$473,900
Tax history for 5131 40th St SW
Year
Property tax
Land + Additions
Assessment*
2026
$8,742 (+3.1%)
$200,000 + $586,800
$786,800
2025
$8,478 (+12.7%)
$200,000 + $551,500
$751,500
2024
$7,520 (+8.5%)
$200,000 + $531,100
$731,100
2023
$6,934 (−2.8%)
$200,000 + $456,900
$656,900
2022
$7,136 (+4.2%)
$200,000 + $428,400
$628,400
2021
$6,846 (−3.8%)
$200,000 + $411,500
$611,500
2020
$7,116 (+26.8%)
$200,000 + $400,700
$600,700
2019
$5,614
$130,000 + $381,900
$511,900
2018
$5,610 (−2.6%)
$130,000 + $367,300
$497,300
2017
$5,758 (+7.3%)
$130,000 + $367,300
$497,300
2015
$5,366 (+3.4%)
$130,000 + $356,300
$486,300
2014
$5,188
$130,000 + $343,900
$473,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R1
Low Density Residential District
The purpose of this district is to provide for low density residential development in those areas described as Suburban Subdivision Area within the Comprehensive Plan that have suitable soils for long-term private sewage systems and those areas suitable for Low Density Residential within the Urban Service or Reserve Area served by Public or other centralized sewage collection and treatment system.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Property details
Interior
Basement Information
Basement Sq. Ft: 1,800
Basement Finish: Finished
Bathroom Information
# of Full Baths: 4
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Fireplace Type: Gas/Log
Has Fireplace
Exterior
Exterior Information
Foundation Type: Concrete Block
Building Style Type: Ranch
Building Construction Quality: Good
Exterior Wall: Metal
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: HERITAGE HILLS
Living Sq. Ft: 3,400
Adjusted Gross Sq. Ft: 2,499
Ground Floor Sq. Ft: 1,800
Building Sq. Ft: 4,660
Legal Description: SECT-19 TWP-106 RANGE-014 HERITAGE HILLS LOT-001 BLOCK-001 5.54 AC LOT 1 BLK 1
Parking & Garage Information
Parking Type: Attached Finished Garage
Garage/Parking Sq. Ft: 1,840
Garage / Carport Type: Attached Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 241,322
Legal Lot Number: 1
Legal Block Number: 1
Municipality Name: ROCHESTER TWP
Acres: 5.54
County Use Description: SINGLE FAM
Financial
Assessor Information
Assessment Year: 2025
Tax District County: ROCHESTER TWP /0535
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 3,400
Stories: —
Lot Size: 5.54 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2010
County: Olmsted County
APN: 641944061206
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
Bamber Valley Elementary School
Public PreK-5 • Assigned • 2.7mi
8/10
Willow Creek Middle School
Public 6-8 • Assigned • 5.0mi
5/10
Mayo Senior High School
Public 9-12 • Assigned • 5.4mi
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
$828,000 – $1.00M
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