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10947 41st St

Lake Elmo, MN 55042

3 bd 3 ba 2,484 sqft Built 2021 Lot 8,276 sqft single_family
Most recent sale
$555,258
Jan 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 12, 2022 Sold $555,258 MLS #6022154
Jul 9, 2021 Listed $555,258 MLS #6022154
Jul 8, 2021 Sold $256,970 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $476,700 $150,000 $626,700 $6,224
2024 $475,400 $170,000 $645,400 $5,980
2023 $250,600 $165,700 $416,300 $3,592
2022 $51,600 $51,600 $644
2021 $8,700 $8,700 $62

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,484 sqft
Lot size
8,276 sqft
ZIP code
55042
City
Lake Elmo
Street
41st St
Coordinates
45.00827, -92.88509

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,726
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value

Frequently asked questions

When did 10947 41st St last sell?
10947 41st St most recently sold on Jan 12, 2022 for $555,258.
What is the current tax assessment for 10947 41st St?
The most recent total assessment for 10947 41st St (year 2025) is $626,700 with $6,224 in property tax.
How does 10947 41st St's assessment compare to its last sale price?
The current assessment is 12.9% above the last sale price of $555,258.
When was 10947 41st St built?
10947 41st St was built in 2021.
How does 10947 41st St compare to others on 41st St?
We track 8 other properties on 41st St. Browse the list under "Other properties on 41st St" to compare beds, baths, and sale history.
What are the property facts for 10947 41st St?
10947 41st St is a 3 bed, 3 bath, 2,484 sqft, 8,276 sqft lot single_family.
Is 10947 41st St a flip candidate?
Yes — 10947 41st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10947 41st St a tax-appeal candidate?
No — 10947 41st 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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