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10970 38th Ct

Lake Elmo, MN 55042

3 bd 3 ba 3,058 sqft Built 2021 Lot 13,286 sqft single_family
Most recent sale
$484,242
May 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Listed $795,000 NorthstarMLS
May 21, 2021 Sold $484,242 Public Record
Apr 30, 2020 Sold $136,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $422,000 $145,000 $567,000 $5,536
2024 $419,300 $170,000 $589,300 $5,378
2023 $394,700 $168,700 $563,400 $4,972
2022 $115,400 $115,400 $1,240
2021 $93,200 $93,200 $1,042
2020 $51,400 $51,400 $572
2019 $9,600 $9,600 $72

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,058 sqft
Lot size
13,286 sqft
ZIP code
55042
City
Lake Elmo
Street
38th Ct
Coordinates
45.00507, -92.88426

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,587
Gross rental yield
11.37%
Implied cap rate
7.39%
Trend-extrapolated value

Frequently asked questions

When did 10970 38th Ct last sell?
10970 38th Ct most recently sold on May 21, 2021 for $484,242.
What is the current tax assessment for 10970 38th Ct?
The most recent total assessment for 10970 38th Ct (year 2025) is $567,000 with $5,536 in property tax.
How does 10970 38th Ct's assessment compare to its last sale price?
The current assessment is 17.1% above the last sale price of $484,242.
When was 10970 38th Ct built?
10970 38th Ct was built in 2021.
How does 10970 38th Ct compare to others on 38th Ct?
We track 8 other properties on 38th Ct. Browse the list under "Other properties on 38th Ct" to compare beds, baths, and sale history.
What are the property facts for 10970 38th Ct?
10970 38th Ct is a 3 bed, 3 bath, 3,058 sqft, 13,286 sqft lot single_family.
Is 10970 38th Ct a flip candidate?
Yes — 10970 38th Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10970 38th Ct a tax-appeal candidate?
Yes — 10970 38th Ct appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast

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