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10832 40th St

Lake Elmo, MN 55042

5 bd 5 ba 4,345 sqft Built 2022 Lot 8,581 sqft single_family
Most recent sale
$806,750
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $806,750 MLS #6166454
Mar 19, 2022 Listed $806,750 MLS #6166454

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $613,400 $150,000 $763,400 $7,798
2024 $601,200 $175,000 $776,200 $7,378
2023 $159,800 $159,800 $1,410
2022 $8,000 $8,000 $100

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,345 sqft
Lot size
8,581 sqft
ZIP code
55042
City
Lake Elmo
Street
40th St
Coordinates
45.00690, -92.88711

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
$6,518
Gross rental yield
9.70%
Implied cap rate
6.30%
Trend-extrapolated value

Frequently asked questions

When did 10832 40th St last sell?
10832 40th St most recently sold on Jun 24, 2022 for $806,750.
What is the current tax assessment for 10832 40th St?
The most recent total assessment for 10832 40th St (year 2025) is $763,400 with $7,798 in property tax.
How does 10832 40th St's assessment compare to its last sale price?
The current assessment is 5.4% below the last sale price of $806,750.
When was 10832 40th St built?
10832 40th St was built in 2022.
How does 10832 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 10832 40th St?
10832 40th St is a 5 bed, 5 bath, 4,345 sqft, 8,581 sqft lot single_family.
Is 10832 40th St a flip candidate?
No — 10832 40th St does not appear in our flips dataset.
Is 10832 40th St a tax-appeal candidate?
No — 10832 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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