10659 40th St
Lake Elmo, MN 55042
5 bd 4 ba 3,533 sqft Built 2023 Lot 11,151 sqft single_family
Most recent sale
$709,000
Apr 9, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 9, 2024 | Sold | $709,000 | NorthstarMLS |
| Nov 15, 2023 | Listed | $729,900 | NorthstarMLS |
| Apr 3, 2023 | Sold | $1,190,788 | Public Record |
| Oct 31, 2022 | Sold | $429,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $551,300 | $150,000 | $701,300 | $7,420 |
| 2024 | — | $175,000 | $175,000 | $1,872 |
| 2023 | — | $65,700 | $65,700 | $682 |
| 2022 | — | $8,000 | $8,000 | $100 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,533 sqft
Lot size
11,151 sqft
ZIP code
55042
City
Lake Elmo
Street
40th St
Coordinates
45.00711, -92.89196
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,300
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value
—
Frequently asked questions
When did 10659 40th St last sell?
10659 40th St most recently sold on Apr 9, 2024 for $709,000.
What is the current tax assessment for 10659 40th St?
The most recent total assessment for 10659 40th St (year 2025) is $701,300 with $7,420 in property tax.
How does 10659 40th St's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $709,000.
When was 10659 40th St built?
10659 40th St was built in 2023.
How does 10659 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 10659 40th St?
10659 40th St is a 5 bed, 4 bath, 3,533 sqft, 11,151 sqft lot single_family.
Is 10659 40th St a flip candidate?
Yes — 10659 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10659 40th St a tax-appeal candidate?
No — 10659 40th St 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 40th St