10845 38th Trl
Lake Elmo, MN 55042
4 bd 5 ba 4,584 sqft Built 2019 Lot 14,375 sqft single_family
Most recent sale
$681,873
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 22, 2025 | Sold | $970,000 | NorthstarMLS |
| Mar 27, 2024 | Listing removed | — | NorthstarMLS |
| Mar 27, 2024 | Listed | $989,990 | NorthstarMLS |
| Oct 17, 2022 | Sold | $681,873 | Public Record |
| Apr 4, 2022 | Listing removed | — | NorthstarMLS |
| Apr 3, 2022 | Listed | $989,990 | MLS #6173455 |
| Mar 11, 2022 | Price changed | $973,290 | MLS #6142833 |
| Jan 16, 2022 | Listing removed | $923,728 | NorthstarMLS |
| Jan 16, 2022 | Listed | $948,290 | MLS #6142833 |
| Jun 12, 2021 | Price changed | $923,728 | MLS #5769819 |
| Jun 4, 2021 | Listed | $916,737 | MLS #5769819 |
| Jun 4, 2021 | Listing removed | $906,029 | NorthstarMLS |
| Apr 16, 2021 | Price changed | $906,029 | MLS #5738577 |
| Apr 11, 2021 | Listing removed | $888,959 | NorthstarMLS |
| Apr 11, 2021 | Listed | $888,959 | MLS #5738577 |
| Apr 9, 2021 | Price changed | $888,959 | MLS #5690502 |
| Mar 13, 2021 | Price changed | $859,468 | MLS #5690502 |
| Mar 5, 2021 | Price changed | $849,468 | MLS #5690502 |
| Feb 13, 2021 | Listing removed | $818,599 | NorthstarMLS |
| Dec 18, 2020 | Price changed | $839,468 | MLS #5690502 |
| Dec 2, 2020 | Listed | $823,599 | MLS #5690502 |
| Jun 16, 2020 | Sold | $745,630 | Public Record |
| Jan 13, 2020 | Sold | $138,030 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $722,600 | $150,000 | $872,600 | $9,056 |
| 2024 | $720,200 | $175,000 | $895,200 | $8,650 |
| 2023 | $678,000 | $180,800 | $858,800 | $8,042 |
| 2022 | $568,400 | $150,000 | $718,400 | $7,900 |
| 2021 | $547,800 | $135,000 | $682,800 | $6,686 |
| 2020 | $547,800 | $135,000 | $682,800 | $564 |
| 2019 | — | $50,800 | $50,800 | $66 |
Property facts
Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,584 sqft
Lot size
14,375 sqft
ZIP code
55042
City
Lake Elmo
Street
38th Trl
Coordinates
45.00494, -92.88755
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,876
Gross rental yield
12.10%
Implied cap rate
7.87%
Trend-extrapolated value
—
Frequently asked questions
When did 10845 38th Trl last sell?
10845 38th Trl most recently sold on Oct 17, 2022 for $681,873.
What is the current tax assessment for 10845 38th Trl?
The most recent total assessment for 10845 38th Trl (year 2025) is $872,600 with $9,056 in property tax.
How does 10845 38th Trl's assessment compare to its last sale price?
The current assessment is 28.0% above the last sale price of $681,873.
When was 10845 38th Trl built?
10845 38th Trl was built in 2019.
How does 10845 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 10845 38th Trl?
10845 38th Trl is a 4 bed, 5 bath, 4,584 sqft, 14,375 sqft lot single_family.
Is 10845 38th Trl a flip candidate?
Yes — 10845 38th Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10845 38th Trl a tax-appeal candidate?
No — 10845 38th Trl 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 Trl