10694 40th St
Lake Elmo, MN 55042
3 bd 3 ba 2,536 sqft Built 2022 Lot 8,451 sqft single_family
Most recent sale
$229,000
Mar 1, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2024 | Sold | $715,000 | NorthstarMLS |
| Mar 4, 2024 | Listed | $725,000 | NorthstarMLS |
| Mar 1, 2023 | Sold | $229,000 | Public Record |
| Jun 14, 2022 | Sold | $658,758 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $474,800 | $150,000 | $624,800 | $6,202 |
| 2024 | $466,700 | $175,000 | $641,700 | $5,940 |
| 2023 | — | $39,400 | $39,400 | $380 |
| 2022 | — | $8,000 | $8,000 | $100 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,536 sqft
Lot size
8,451 sqft
ZIP code
55042
City
Lake Elmo
Street
40th St
Coordinates
45.00785, -92.89258
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
$1,374
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 10694 40th St last sell?
10694 40th St most recently sold on Mar 1, 2023 for $229,000.
What is the current tax assessment for 10694 40th St?
The most recent total assessment for 10694 40th St (year 2025) is $624,800 with $6,202 in property tax.
How does 10694 40th St's assessment compare to its last sale price?
The current assessment is 172.8% above the last sale price of $229,000.
When was 10694 40th St built?
10694 40th St was built in 2022.
How does 10694 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 10694 40th St?
10694 40th St is a 3 bed, 3 bath, 2,536 sqft, 8,451 sqft lot single_family.
Is 10694 40th St a flip candidate?
Yes — 10694 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10694 40th St a tax-appeal candidate?
No — 10694 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