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10823 38th Trl

Lake Elmo, MN 55042

3 bd 3 ba 3,294 sqft Built 2019 Lot 8,581 sqft single_family
Most recent sale
$709,900
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Sold $709,900 MLS #6139384
Jan 6, 2022 Listed $709,900 MLS #6139384
Dec 30, 2021 Listing removed $649,900 NorthstarMLS
Jun 9, 2021 Listed $649,900 MLS #6003970
Jun 5, 2021 Listing removed $649,900 NorthstarMLS
Mar 29, 2021 Price changed $649,900 MLS #5697916
Feb 16, 2021 Sold $125,000 Public Record
Jan 4, 2021 Listed $595,000 MLS #5697916
Jan 1, 2021 Listing removed $595,000 NorthstarMLS
Feb 17, 2020 Price changed $595,000 MLS #5318479
Dec 30, 2019 Price changed $598,000 MLS #5318479
Oct 6, 2019 Listed $595,000 MLS #5318479
Jun 18, 2019 Sold $471,073 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $512,100 $150,000 $662,100 $6,632
2024 $512,600 $175,000 $687,600 $6,430
2023 $482,600 $180,800 $663,400 $6,012
2022 $404,500 $150,000 $554,500 $5,952
2021 $389,900 $135,000 $524,900 $6,532
2020 $50,800 $50,800 $906
2019 $8,700 $8,700 $66

Property facts

Year built
2019
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
3,294 sqft
Lot size
8,581 sqft
ZIP code
55042
City
Lake Elmo
Street
38th Trl
Coordinates
45.00491, -92.88828

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
$4,941
Gross rental yield
8.35%
Implied cap rate
5.43%
Trend-extrapolated value

Frequently asked questions

When did 10823 38th Trl last sell?
10823 38th Trl most recently sold on Apr 21, 2022 for $709,900.
What is the current tax assessment for 10823 38th Trl?
The most recent total assessment for 10823 38th Trl (year 2025) is $662,100 with $6,632 in property tax.
How does 10823 38th Trl's assessment compare to its last sale price?
The current assessment is 6.7% below the last sale price of $709,900.
When was 10823 38th Trl built?
10823 38th Trl was built in 2019.
How does 10823 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 10823 38th Trl?
10823 38th Trl is a 3 bed, 3 bath, 3,294 sqft, 8,581 sqft lot single_family.
Is 10823 38th Trl a flip candidate?
Yes — 10823 38th Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10823 38th Trl a tax-appeal candidate?
No — 10823 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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