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10822 38th Trl

Lake Elmo, MN 55042

3 bd 3 ba 2,196 sqft Built 2022 Lot 8,146 sqft single_family
Most recent sale
$132,500
Apr 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2022 Sold $614,900 NorthstarMLS
Aug 29, 2022 Listed for rent $4,000 NorthstarMLS
Aug 26, 2022 Listed $599,900 MLS #6253592
Aug 24, 2022 Price changed $599,900 MLS #6230384
Aug 9, 2022 Price changed $629,900 MLS #6230384
Jul 5, 2022 Listed $649,900 MLS #6230384
May 31, 2022 Listed $659,900 MLS #6204673
May 14, 2022 Listed $659,900 MLS #6195929
Mar 7, 2022 Listed $659,900 MLS #6161105
Sep 17, 2021 Listed $639,900 MLS #6101868
Apr 16, 2021 Sold $132,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $439,800 $150,000 $589,800 $5,800
2024 $419,400 $170,000 $589,400 $5,380
2023 $174,400 $162,700 $337,100 $2,918
2022 $97,300 $97,300 $1,212
2021 $52,000 $52,000 $582
2020 $9,400 $9,400 $104

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,196 sqft
Lot size
8,146 sqft
ZIP code
55042
City
Lake Elmo
Street
38th Trl
Coordinates
45.00577, -92.88884

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
$795
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 10822 38th Trl last sell?
10822 38th Trl most recently sold on Apr 16, 2021 for $132,500.
What is the current tax assessment for 10822 38th Trl?
The most recent total assessment for 10822 38th Trl (year 2025) is $589,800 with $5,800 in property tax.
How does 10822 38th Trl's assessment compare to its last sale price?
The current assessment is 345.1% above the last sale price of $132,500.
When was 10822 38th Trl built?
10822 38th Trl was built in 2022.
How does 10822 38th Trl compare to others on 38th Trl?
We track 8 other properties on 38th Trl. Browse the list under "Other properties on 38th Trl" to compare beds, baths, and sale history.
What are the property facts for 10822 38th Trl?
10822 38th Trl is a 3 bed, 3 bath, 2,196 sqft, 8,146 sqft lot single_family.
Is 10822 38th Trl a flip candidate?
Yes — 10822 38th Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10822 38th Trl a tax-appeal candidate?
No — 10822 38th Trl is not currently flagged as a tax-appeal candidate.

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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