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10784 40th St

Lake Elmo, MN 55042

4 bd 5 ba 4,584 sqft Built 2021 Lot 8,712 sqft single_family
Most recent sale
$925,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $925,000 MLS #6194713
May 12, 2022 Listed $942,995 MLS #6194713
Jan 27, 2022 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $740,700 $150,000 $890,700 $9,264
2024 $724,200 $175,000 $899,200 $8,692
2023 $39,400 $39,400 $510
2022 $8,100 $8,100 $100

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,584 sqft
Lot size
8,712 sqft
ZIP code
55042
City
Lake Elmo
Street
40th St
Coordinates
45.00809, -92.88890

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,876
Gross rental yield
8.92%
Implied cap rate
5.80%
Trend-extrapolated value

Frequently asked questions

When did 10784 40th St last sell?
10784 40th St most recently sold on Jul 29, 2022 for $925,000.
What is the current tax assessment for 10784 40th St?
The most recent total assessment for 10784 40th St (year 2025) is $890,700 with $9,264 in property tax.
How does 10784 40th St's assessment compare to its last sale price?
The current assessment is 3.7% below the last sale price of $925,000.
When was 10784 40th St built?
10784 40th St was built in 2021.
How does 10784 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 10784 40th St?
10784 40th St is a 4 bed, 5 bath, 4,584 sqft, 8,712 sqft lot single_family.
Is 10784 40th St a flip candidate?
Yes — 10784 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10784 40th St a tax-appeal candidate?
No — 10784 40th St 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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