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2240 40th Ave; Rochester, MN Property Details

2240 40th Ave, Rochester, MN is a Single Family that was built in 1975. This property is for sale. Our records show that 2240 40th Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,640 square feet. The lot size of 2240 40th Ave is 174,501 square feet.

On Market for 860 days
2240 40th Ave SE Rochester, MN 55904
$75,000 Listing Price
4 Beds
2 Baths
1,640 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Est. Equity / %: $564,000 / 100%
  • Gross Yield: 47.648%
  • APN: 63.16.21.067521
  • Situs County: Olmsted

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Quality: C+
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 1,640/SqFt
  • Lot: 174,501/SqFt
  • Gross: 1,640/SqFt
  • Garage: 648/SqFt
  • Living: 1,640/SqFt
  • Basement: 1,144/SqFt
  • Building: 1,640/SqFt
  • Ground: 1,640/SqFt
  • Garage Finished: 648/SqFt
  • Basement Finished: 900/SqFt

Legal Description

  • Description: SECT-16 TWP-106 RANGE-013 4.13 AC TH PT NE14 NW14 DES AS FOL COM NWCOR NE14 NW14 TH S 89 DEGREES 0901E AL N LN 175FT FOR THE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 43.991158 / -92.39311
  • Subdivision: Wildwood Meadows Second
  • Property Class: Residential

Amenities

  • Plus Four: 6046
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

2240 40th Ave SE has no associated ownership info
2240 40th Ave SE has no associated ownership info.

Taxes

2240 40th Ave SE has 10 associated Taxes items

2240 40th Ave, Rochester, MN pays taxes in Olmsted County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $453,300. The APN we've located for 2240 40th Ave is 63.16.21.067521.

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Taxes
  • Assessed Value:  $453,300
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  63.16.21.067521
  • Assessed Land Value:  94000
  • Market Land Value:  95000
  • Tax Amount:  4520
  • Tax Year:  2026
  • Market Value:  458200
  • Market Year:  2025

Tax History

2240 40th Ave SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $4,520 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $453,300 Land Value $94,000 Improvement Value $359,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $415,900 Land Value $95,000 Improvement Value $320,900 Tax Amount $4,110 Change Rate +0.113821% Assessed CR Tax Rate +0.009882%
Year 2023 Assessed Value $414,500 Land Value $95,000 Improvement Value $319,500 Tax Amount $3,690 Change Rate +0.09107% Assessed CR Tax Rate +0.008902%
Year 2022 Assessed Value $422,600 Land Value $95,000 Improvement Value $327,600 Tax Amount $3,382 Change Rate +0.04254% Assessed CR Tax Rate +0.008003%
Year 2021 Assessed Value $338,300 Land Value $80,000 Improvement Value $258,300 Tax Amount $3,244 Change Rate +0.023667% Assessed CR Tax Rate +0.009589%
Year 2020 Assessed Value $327,000 Land Value $80,000 Improvement Value $247,000 Tax Amount $3,169 Change Rate +1.053791% Assessed CR Tax Rate +0.009691%
Year 2019 Assessed Value $315,800 Land Value $80,000 Improvement Value $235,800 Tax Amount $1,543 Change Rate -0.434177% Assessed CR Tax Rate +0.004886%
Year 2018 Assessed Value $302,800 Land Value $80,000 Improvement Value $222,800 Tax Amount $2,727 Change Rate +0.01% Assessed CR Tax Rate +0.009006%
Year 2017 Assessed Value $270,600 Land Value $67,000 Improvement Value $203,600 Tax Amount $2,700 Change Rate +0.237397% Assessed CR Tax Rate +0.009978%
Year 2016 Assessed Value $247,200 Land Value $63,500 Improvement Value $183,700 Tax Amount $2,182 Change Rate -0.042982% Assessed CR Tax Rate +0.008827%
Year 2015 Assessed Value $248,100 Land Value $63,500 Improvement Value $184,600 Tax Amount $2,280 Change Rate +0.017403% Assessed CR Tax Rate +0.00919%
Year 2014 Assessed Value $220,500 Land Value $62,500 Improvement Value $158,000 Tax Amount $2,241 Change Rate Assessed CR Tax Rate +0.010163%
Year 2012 Assessed Value $223,800 Land Value $62,660 Improvement Value $161,140 Tax Amount Change Rate Assessed CR Tax Rate