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10879 38th Trl

Lake Elmo, MN 55042

3 bd 3 ba 2,292 sqft Built 2020 Lot 7,405 sqft single_family
Most recent sale
$650,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $650,000 MLS #6167574
Mar 23, 2022 Listed $639,900 MLS #6167574
Jun 3, 2021 Sold $536,667 Public Record
Dec 23, 2019 Sold $265,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $466,200 $150,000 $616,200 $6,104
2024 $462,800 $175,000 $637,800 $5,898
2023 $440,100 $180,800 $620,900 $5,570
2022 $24,400 $132,100 $156,500 $1,662
2021 $92,900 $92,900 $1,038
2020 $92,900 $92,900 $564
2019 $50,800 $50,800 $66

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,292 sqft
Lot size
7,405 sqft
ZIP code
55042
City
Lake Elmo
Street
38th Trl
Coordinates
45.00534, -92.88708

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
$3,438
Gross rental yield
6.35%
Implied cap rate
4.13%
Trend-extrapolated value

Frequently asked questions

When did 10879 38th Trl last sell?
10879 38th Trl most recently sold on May 24, 2022 for $650,000.
What is the current tax assessment for 10879 38th Trl?
The most recent total assessment for 10879 38th Trl (year 2025) is $616,200 with $6,104 in property tax.
How does 10879 38th Trl's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $650,000.
When was 10879 38th Trl built?
10879 38th Trl was built in 2020.
How does 10879 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 10879 38th Trl?
10879 38th Trl is a 3 bed, 3 bath, 2,292 sqft, 7,405 sqft lot single_family.
Is 10879 38th Trl a flip candidate?
Yes — 10879 38th Trl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10879 38th Trl a tax-appeal candidate?
No — 10879 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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