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10838 38th Trl

Lake Elmo, MN 55042

4 bd 3 ba 3,466 sqft Built 2021 Lot 8,359 sqft single_family
Most recent sale
$813,452
Aug 25, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2026 Sold $1,988,000 Public Record
Oct 18, 2023 Listed $679,900 NorthstarMLS
Oct 11, 2023 Price changed for rent $4,750 NorthstarMLS
Sep 29, 2023 Price changed $719,900 NorthstarMLS
Sep 21, 2023 Price changed $679,900 NorthstarMLS
Aug 30, 2023 Price changed $729,900 NorthstarMLS
Aug 3, 2023 Price changed $739,900 NorthstarMLS
Jul 14, 2023 Listed for rent $4,325 NorthstarMLS
Jun 4, 2023 Price changed $749,900 NorthstarMLS
Apr 22, 2023 Price changed $769,900 NorthstarMLS
Mar 10, 2023 Price changed for rent $4,325 NorthstarMLS
Mar 6, 2023 Listed for rent $4,125 NorthstarMLS
Dec 29, 2022 Listed $749,900 NorthstarMLS
Nov 29, 2022 Listed for rent $4,125 NorthstarMLS
Nov 23, 2022 Listed $749,900 NorthstarMLS
Nov 9, 2022 Price changed $749,900 NorthstarMLS
Oct 27, 2022 Listed $769,900 MLS #6301848
Oct 18, 2022 Listed $769,900 MLS #6272876
Oct 14, 2022 Price changed $799,900 MLS #6266468
Sep 29, 2022 Listed $749,900 MLS #6266468
Sep 28, 2022 Price changed $749,900 MLS #6254559
Aug 29, 2022 Listed $799,900 MLS #6254559
Jul 5, 2022 Listed $799,900 MLS #6230395
May 21, 2022 Listed $799,900 MLS #6200097
Mar 11, 2022 Listed $799,900 MLS #6163152
Oct 18, 2021 Listed $749,900 MLS #6116057
Aug 25, 2021 Sold $813,452 Public Record
Nov 23, 2020 Sold $142,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $543,500 $150,000 $693,500 $6,994
2024 $535,900 $170,000 $705,900 $6,626
2023 $201,800 $165,700 $367,500 $3,172
2022 $97,300 $97,300 $1,212
2021 $52,000 $52,000 $582
2020 $9,400 $9,400 $104

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,466 sqft
Lot size
8,359 sqft
ZIP code
55042
City
Lake Elmo
Street
38th Trl
Coordinates
45.00566, -92.88863

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,199
Gross rental yield
7.67%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 10838 38th Trl last sell?
10838 38th Trl most recently sold on Aug 25, 2021 for $813,452.
What is the current tax assessment for 10838 38th Trl?
The most recent total assessment for 10838 38th Trl (year 2025) is $693,500 with $6,994 in property tax.
How does 10838 38th Trl's assessment compare to its last sale price?
The current assessment is 14.7% below the last sale price of $813,452.
When was 10838 38th Trl built?
10838 38th Trl was built in 2021.
How does 10838 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 10838 38th Trl?
10838 38th Trl is a 4 bed, 3 bath, 3,466 sqft, 8,359 sqft lot single_family.
Is 10838 38th Trl a flip candidate?
Yes — 10838 38th Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10838 38th Trl a tax-appeal candidate?
No — 10838 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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