10862 38th St
Lake Elmo, MN 55042
5 bd 3 ba 3,202 sqft Built 2022 Lot 8,799 sqft single_family
Most recent sale
$816,248
May 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 24, 2023 | Sold | $750,000 | NorthstarMLS |
| Nov 28, 2022 | Price changed for rent | $4,775 | NorthstarMLS |
| Nov 8, 2022 | Listed for rent | $5,800 | NorthstarMLS |
| Oct 27, 2022 | Listed | $799,900 | MLS #6301705 |
| Oct 18, 2022 | Listed | $849,900 | MLS #6272946 |
| Oct 15, 2022 | Listed | $849,900 | MLS #6272100 |
| Sep 30, 2022 | Listed | $869,900 | MLS #6267103 |
| Sep 28, 2022 | Price changed | $869,900 | MLS #6254901 |
| Sep 14, 2022 | Price changed | $859,900 | MLS #6254901 |
| Aug 31, 2022 | Listed for rent | $5,800 | NorthstarMLS |
| Aug 30, 2022 | Listed | $879,900 | MLS #6254901 |
| Aug 6, 2022 | Listed | $879,900 | MLS #6245667 |
| Jul 23, 2022 | Price changed | $879,900 | MLS #6188115 |
| May 10, 2022 | Sold | $816,248 | Public Record |
| May 1, 2022 | Listed | $899,900 | MLS #6188115 |
| Apr 18, 2022 | Listed | $899,900 | MLS #6180861 |
| Mar 7, 2022 | Listed | $899,900 | MLS #6161110 |
| Feb 4, 2022 | Price changed | $849,900 | MLS #6133375 |
| Dec 14, 2021 | Price changed | $834,900 | MLS #6133375 |
| Dec 7, 2021 | Listed | $824,900 | MLS #6133375 |
| Nov 4, 2021 | Sold | $148,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $564,100 | $150,000 | $714,100 | $7,230 |
| 2024 | $553,100 | $170,000 | $723,100 | $6,810 |
| 2023 | $72,900 | $165,700 | $238,600 | $2,060 |
| 2022 | — | $51,600 | $51,600 | $644 |
| 2021 | — | $8,700 | $8,700 | $62 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,202 sqft
Lot size
8,799 sqft
ZIP code
55042
City
Lake Elmo
Street
38th St
Coordinates
45.00454, -92.88864
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,803
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value
—
Frequently asked questions
When did 10862 38th St last sell?
10862 38th St most recently sold on May 10, 2022 for $816,248.
What is the current tax assessment for 10862 38th St?
The most recent total assessment for 10862 38th St (year 2025) is $714,100 with $7,230 in property tax.
How does 10862 38th St's assessment compare to its last sale price?
The current assessment is 12.5% below the last sale price of $816,248.
When was 10862 38th St built?
10862 38th St was built in 2022.
How does 10862 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 10862 38th St?
10862 38th St is a 5 bed, 3 bath, 3,202 sqft, 8,799 sqft lot single_family.
Is 10862 38th St a flip candidate?
Yes — 10862 38th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10862 38th St a tax-appeal candidate?
No — 10862 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