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Rural Improved / Non-ResidentialOther / Unknown

7221 40TH ST SW

BYRON, MN 55920
3
Beds
1
Baths
1,084 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.
78.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,640 (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.$955,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$678,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$277,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$569,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$959,500

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.45
58
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
16
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
47
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.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.22 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.undetermined

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Improved / Non-Residential
StyleThe architectural style of the home, such as ranch or colonial.Ranch
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.1985
Lot (acres)The size of the land the home sits on, from county records.78.13
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 237 ft²

Transaction History(1)

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
Byron Primary School
Elementary · Grades PK–2 · 5.2 mi
M
Byron Middle SchoolB+
Middle · Grades 6–8 · 5.8 mi
H
Byron Senior High SchoolA
High · Grades 9–12 · 6.7 mi

District: Byron Public School District

Neighborhood · ZIP 55920These 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.62
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

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.96%
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.3.3%
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.8,598
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.121 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$121,299
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$148,649
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.33 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

7221 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.

  • Smaller than 80% of homes in Byron 55920
  • Among the largest lots in Byron 55920
  • Older than 89% of homes in Byron 55920

How it measures up in Byron 55920

The dot is this home. The mark in the middle is the typical home in Byron 55920.

Living area1,084 ft²
SmallerTypical 1,428 ft²Bigger

Bigger than 20% of homes nearby

Lot size78.13 ac
SmallerTypical 0.26 acBigger

Bigger than almost all homes nearby

Year built1960
OlderTypical 1999Newer

Newer than 11% of homes nearby

How 7221 40th St Sw ranks against every home in each area.
MeasureThis homeByron 55920Olmsted County
Living areabigger than1,084 ft²20% of homes26% of homes
Lot sizebigger than78.13 acalmost all homesalmost all homes
Year builtnewer than196011% of homes21% of homes

About 7221 40th St Sw

When did 7221 40th St Sw, Byron, MN last sell?

7221 40th St Sw, Byron, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 7221 40th St Sw, Byron, MN?

7221 40th St Sw, Byron, MN has 3 bedrooms, 1 bathrooms, 1,084 square feet of living space and a 78.13-acre lot.

When was 7221 40th St Sw, Byron, MN built?

7221 40th St Sw, Byron, MN was built in 1960, making it 66 years old. It is a ranch home. The building has 1 story.

What schools serve 7221 40th St Sw, Byron, MN?

7221 40th St Sw, Byron, MN is assigned to Byron Primary School (elementary); Byron Middle School (middle), rated B+; Byron Senior High School (high), rated A. All sit in Byron Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7221 40th St Sw, Byron, MN compare to other homes in Byron 55920?

Among the 3,040 homes in Byron 55920, it is bigger than 20% of them (1,084 ft² against a typical 1,428 ft²), its lot is bigger than almost all of them (78.13 ac against a typical 0.26 ac) and it is newer than 11% of them (1960 against a typical 1999). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7221 40th St Sw, Byron, MN?

The 2026 property tax bill for 7221 40th St Sw, Byron, MN was $5,640. The county assessed it at $955,900.

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