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2342 40th Ave; Rochester, MN Property Details

2342 40th Ave, Rochester, MN is a Single Family that was built in 2019. This property is not for sale. Our records show that 2342 40th Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 3,360 square feet. The lot size of 2342 40th Ave is 130,680 square feet.

Off market
2342 40th Ave SE Rochester, MN 55904
$585,000 Estimated Value
4 Beds
2.5 Baths
3,360 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2019
  • Open Loans / Balance: 1 / $403,271
  • Est. Equity / %: $207,729 / 34%
  • Gross Yield: 8.871%
  • APN: 63.16.23.083789
  • Situs County: Olmsted

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Metal
  • Porch Type: Open
  • Roof Cover Type: Metal

Measurements

  • Total: 3,360/SqFt
  • Lot: 130,680/SqFt
  • Gross: 3,360/SqFt
  • Living: 3,360/SqFt
  • Building: 3,360/SqFt
  • Ground: 1,680/SqFt

Legal Description

  • Description: SECT-16 TWP-106 RANGE-013 3.00 AC TH PT N12 SW14 NW14 SEC 16 DES AS FOL COM SWCOR SW14 NW14 TH N 359 DEG 0753 AL W LN NW14 66
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: 43.98748 / -92.39785
  • Subdivision: City Lands 106-13-16
  • Property Class: Residential

Amenities

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

Ownership Info

2342 40th Ave SE has no associated ownership info
2342 40th Ave SE has no associated ownership info.

Taxes

2342 40th Ave SE has 10 associated Taxes items

2342 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 $585,000. The APN we've located for 2342 40th Ave is 63.16.23.083789.

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Taxes
  • Assessed Value:  $585,000
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  63.16.23.083789
  • Assessed Land Value:  80000
  • Market Land Value:  80000
  • Tax Amount:  10938
  • Tax Year:  2026
  • Market Value:  585000
  • Market Year:  2025

Tax History

2342 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 $10,938 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $585,000 Land Value $80,000 Improvement Value $505,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $558,700 Land Value $80,000 Improvement Value $478,700 Tax Amount $9,190 Change Rate -0.011615% Assessed CR Tax Rate +0.016449%
Year 2023 Assessed Value $518,600 Land Value $80,000 Improvement Value $438,600 Tax Amount $9,298 Change Rate +0.078404% Assessed CR Tax Rate +0.017929%
Year 2022 Assessed Value $524,100 Land Value $80,000 Improvement Value $444,100 Tax Amount $8,622 Change Rate +0.866234% Assessed CR Tax Rate +0.016451%
Year 2021 Assessed Value $439,100 Land Value $60,000 Improvement Value $379,100 Tax Amount $4,620 Change Rate +1.059741% Assessed CR Tax Rate +0.010522%
Year 2020 Assessed Value $147,900 Land Value $60,000 Improvement Value $87,900 Tax Amount $2,243 Change Rate +1.614219% Assessed CR Tax Rate +0.015166%
Year 2019 Assessed Value $60,000 Land Value $60,000 Improvement Value Tax Amount $858 Change Rate +2.086331% Assessed CR Tax Rate +0.0143%
Year 2018 Assessed Value $60,000 Land Value $60,000 Improvement Value Tax Amount $278 Change Rate Assessed CR Tax Rate +0.004633%
Year 2017 Assessed Value $19,300 Land Value $19,300 Improvement Value Tax Amount $278 Change Rate Assessed CR Tax Rate +0.014404%