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2318 40th Ave; Rochester, MN Property Details

2318 40th Ave, Rochester, MN is a Single Family that was built in 2015. This property is currently Financed and is not for sale. Our records show that 2318 40th Ave has 2 bedrooms, and 2.5 bathrooms, and a total of 1,635 square feet. The lot size of 2318 40th Ave is 510,959 square feet.

Off market
2318 40th Ave SE Rochester, MN 55904
$90,000 Listing Price
2 Beds
2.5 Baths
1,635 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2015
  • Purchase Price: $61,000
  • Open Loans: 1
  • Gross Yield: 7.765%
  • APN: 63.16.23.083788
  • Situs County: Olmsted
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,635/SqFt
  • Lot: 510,959/SqFt
  • Gross: 1,635/SqFt
  • Living: 1,635/SqFt
  • Basement: 1,635/SqFt
  • Building: 1,635/SqFt
  • Ground: 1,635/SqFt
  • Basement Unfinished: 1,635/SqFt
  • Price Per Square Foot: $37.31

Legal Description

  • Description: SECT-16 TWP-106 RANGE-013 11.73 AC THE N12 SW14 NW14 SEC 16 EXCEPT N12 NW14 SW14 NW14 ALSO LESS TH PT DES AS FOL COM SWCOR SW
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: 43.98796 / -92.39539
  • Subdivision: City Lands 106-13-16
  • Property Class: Residential

Amenities

  • Plus Four: 2728
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

2318 40th Ave SE has no associated ownership info
2318 40th Ave SE has no associated ownership info.

Taxes

2318 40th Ave SE has 10 associated Taxes items

2318 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 $465,300. The APN we've located for 2318 40th Ave is 63.16.23.083788.

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Taxes
  • Assessed Value:  $465,300
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  63.16.23.083788
  • Assessed Land Value:  133800
  • Market Land Value:  135000
  • Tax Amount:  6470
  • Tax Year:  2026
  • Market Value:  469600
  • Market Year:  2025

Tax History

2318 40th Ave SE has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $6,470 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $465,300 Land Value $133,800 Improvement Value $331,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $452,400 Land Value $135,000 Improvement Value $317,400 Tax Amount $5,548 Change Rate +0.000361% Assessed CR Tax Rate +0.012263%
Year 2023 Assessed Value $438,500 Land Value $135,000 Improvement Value $303,500 Tax Amount $5,546 Change Rate +0.085748% Assessed CR Tax Rate +0.012648%
Year 2022 Assessed Value $437,000 Land Value $135,000 Improvement Value $302,000 Tax Amount $5,108 Change Rate +0.026115% Assessed CR Tax Rate +0.011689%
Year 2021 Assessed Value $374,300 Land Value $105,000 Improvement Value $269,300 Tax Amount $4,978 Change Rate +0.014056% Assessed CR Tax Rate +0.013299%
Year 2020 Assessed Value $365,100 Land Value $105,000 Improvement Value $260,100 Tax Amount $4,909 Change Rate +0.015095% Assessed CR Tax Rate +0.013446%
Year 2019 Assessed Value $351,700 Land Value $105,000 Improvement Value $246,700 Tax Amount $4,836 Change Rate +0.167552% Assessed CR Tax Rate +0.01375%
Year 2018 Assessed Value $343,800 Land Value $105,000 Improvement Value $238,800 Tax Amount $4,142 Change Rate -0.066276% Assessed CR Tax Rate +0.012048%
Year 2017 Assessed Value $296,900 Land Value $75,700 Improvement Value $221,200 Tax Amount $4,436 Change Rate Assessed CR Tax Rate +0.014941%