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2248 40TH ST SW

ROCHESTER, MN 55902
0
Baths
512 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
8.92 ac
Lot SizeThe size of the land the home sits on, from county records.
1970
Year BuiltThe year the home was originally built, according to county records.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,084 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$230,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$178,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$51,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$203,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$230,300

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.33
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
14
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
60
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
46
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
44
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

CountyOLMSTED
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1988
Lot (acres)The size of the land the home sits on, from county records.8.92
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Bamber Valley Elementary SchoolA-
Elementary · Grades PK–5 · 2.0 mi
M
Willow Creek Middle SchoolB-
Middle · Grades 6–8 · 3.2 mi
H
Mayo High SchoolA
High · Grades 9–12 · 3.8 mi

District: Rochester Public School District

Neighborhood · ZIP 55902These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.76
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.26,266
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.635 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$122,949
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$170,465
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2248 40th St Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the smallest homes in Rochester 55902
  • Among the largest lots in Rochester 55902
  • Older than 72% of homes in Rochester 55902

How it measures up in Rochester 55902

The dot is this home. The mark in the middle is the typical home in Rochester 55902.

Living area512 ft²
SmallerTypical 1,824 ft²Bigger

Smaller than almost all homes nearby

Lot size8.92 ac
SmallerTypical 0.29 acBigger

Bigger than almost all homes nearby

Year built1970
OlderTypical 1991Newer

Newer than 28% of homes nearby

How 2248 40th St Sw ranks against every home in each area.
MeasureThis homeRochester 55902Olmsted County
Living areabigger than512 ft²almost no homesalmost no homes
Lot sizebigger than8.92 acalmost all homes98% of homes
Year builtnewer than197028% of homes31% of homes

About 2248 40th St Sw

When did 2248 40th St Sw, Rochester, MN last sell?

2248 40th St Sw, Rochester, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 2248 40th St Sw, Rochester, MN?

2248 40th St Sw, Rochester, MN has 512 square feet of living space and a 8.92-acre lot.

When was 2248 40th St Sw, Rochester, MN built?

2248 40th St Sw, Rochester, MN was built in 1970, making it 56 years old.

What schools serve 2248 40th St Sw, Rochester, MN?

2248 40th St Sw, Rochester, MN is assigned to Bamber Valley Elementary School (elementary), rated A-; Willow Creek Middle School (middle), rated B-; Mayo High School (high), rated A. All sit in Rochester Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2248 40th St Sw, Rochester, MN compare to other homes in Rochester 55902?

Among the 9,331 homes in Rochester 55902, it is bigger than almost none of them (512 ft² against a typical 1,824 ft²), its lot is bigger than almost all of them (8.92 ac against a typical 0.29 ac) and it is newer than 28% of them (1970 against a typical 1991). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2248 40th St Sw, Rochester, MN?

The 2026 property tax bill for 2248 40th St Sw, Rochester, MN was $4,084. The county assessed it at $230,300.

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