10742 40th St
Lake Elmo, MN 55042
4 bd 5 ba 4,712 sqft Built 2021 Lot 10,890 sqft single_family
Most recent sale
$935,680
Apr 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 14, 2022 | Sold | $935,680 | MLS #6082357 |
| Nov 20, 2021 | Price changed | $932,780 | MLS #6082357 |
| Aug 10, 2021 | Listed | $907,851 | MLS #6082357 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $785,800 | $150,000 | $935,800 | $9,784 |
| 2024 | $727,400 | $175,000 | $902,400 | $8,728 |
| 2023 | $239,700 | $180,800 | $420,500 | $3,628 |
| 2022 | — | $8,000 | $8,000 | $100 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,712 sqft
Lot size
10,890 sqft
ZIP code
55042
City
Lake Elmo
Street
40th St
Coordinates
45.00843, -92.89074
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
$7,068
Gross rental yield
9.06%
Implied cap rate
5.89%
Trend-extrapolated value
—
Frequently asked questions
When did 10742 40th St last sell?
10742 40th St most recently sold on Apr 14, 2022 for $935,680.
What is the current tax assessment for 10742 40th St?
The most recent total assessment for 10742 40th St (year 2025) is $935,800 with $9,784 in property tax.
How does 10742 40th St's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $935,680.
When was 10742 40th St built?
10742 40th St was built in 2021.
How does 10742 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 10742 40th St?
10742 40th St is a 4 bed, 5 bath, 4,712 sqft, 10,890 sqft lot single_family.
Is 10742 40th St a flip candidate?
No — 10742 40th St does not appear in our flips dataset.
Is 10742 40th St a tax-appeal candidate?
No — 10742 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