10844 40th St
Lake Elmo, MN 55042
4 bd 5 ba 4,008 sqft Built 2023 single_family
Most recent sale
$290,000
May 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2024 | Sold | $840,000 | Public Record |
| Apr 4, 2024 | Listing removed | — | NorthstarMLS |
| Nov 19, 2023 | Listed | $891,154 | NorthstarMLS |
| Jul 23, 2023 | Listing removed | — | NorthstarMLS |
| May 18, 2023 | Listed | $721,000 | NorthstarMLS |
| May 3, 2023 | Sold | $290,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $260,400 | $146,700 | $407,100 | $3,894 |
| 2024 | — | $123,200 | $123,200 | $1,318 |
| 2023 | — | $65,700 | $65,700 | $682 |
| 2022 | — | $8,100 | $8,100 | $100 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,008 sqft
Lot size
—
ZIP code
55042
City
Lake Elmo
Street
40th St
Coordinates
45.00651, -92.88674
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
$1,740
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 10844 40th St last sell?
10844 40th St most recently sold on May 3, 2023 for $290,000.
What is the current tax assessment for 10844 40th St?
The most recent total assessment for 10844 40th St (year 2025) is $407,100 with $3,894 in property tax.
How does 10844 40th St's assessment compare to its last sale price?
The current assessment is 40.4% above the last sale price of $290,000.
When was 10844 40th St built?
10844 40th St was built in 2023.
How does 10844 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 10844 40th St?
10844 40th St is a 4 bed, 5 bath, 4,008 sqft single_family.
Is 10844 40th St a flip candidate?
Yes — 10844 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10844 40th St a tax-appeal candidate?
No — 10844 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