10720 38th St
Lake Elmo, MN 55042
4 bd 5 ba 4,414 sqft Built 2021 Lot 8,712 sqft single_family
Most recent sale
$780,000
Jan 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 20, 2022 | Sold | $780,000 | MLS #6082391 |
| Aug 10, 2021 | Listed | $791,950 | MLS #6082391 |
| Aug 2, 2021 | Sold | $260,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $645,800 | $150,000 | $795,800 | $8,172 |
| 2024 | $638,100 | $170,000 | $808,100 | $7,718 |
| 2023 | $239,900 | $165,400 | $405,300 | $3,498 |
| 2022 | — | $51,600 | $51,600 | $644 |
| 2021 | — | $8,700 | $8,700 | $62 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,414 sqft
Lot size
8,712 sqft
ZIP code
55042
City
Lake Elmo
Street
38th St
Coordinates
45.00516, -92.89187
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,621
Gross rental yield
10.19%
Implied cap rate
6.62%
Trend-extrapolated value
—
Frequently asked questions
When did 10720 38th St last sell?
10720 38th St most recently sold on Jan 20, 2022 for $780,000.
What is the current tax assessment for 10720 38th St?
The most recent total assessment for 10720 38th St (year 2025) is $795,800 with $8,172 in property tax.
How does 10720 38th St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $780,000.
When was 10720 38th St built?
10720 38th St was built in 2021.
How does 10720 38th St compare to others on 38th St?
We track 8 other properties on 38th St. Browse the list under "Other properties on 38th St" to compare beds, baths, and sale history.
What are the property facts for 10720 38th St?
10720 38th St is a 4 bed, 5 bath, 4,414 sqft, 8,712 sqft lot single_family.
Is 10720 38th St a flip candidate?
Yes — 10720 38th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10720 38th St a tax-appeal candidate?
No — 10720 38th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 38th St