NOT LISTED FOR SALE

10688 40th St N Lake Elmo, MN 55042

Estimated Value: $741,000 - $833,000

3 Beds
2.5 Baths
2,200 Sq Ft
$356/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $708,606 $322 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,958/month

Highlights

  • New Construction
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Stillwater Area High School Rated A-
  • 3 Car Attached Garage

About This Home

As of November 2022

This home is located at 10688 40th St N, Lake Elmo, MN 55042 since 26 October 2022 and is currently estimated at $784,233, approximately $356 per square foot. This property was built in 2022. 10688 40th St N is a home located in Washington County with nearby schools including Lake Elmo Elementary School, Oak-Land Middle School, and Stillwater Area High School.

Last Agent to Sell the Property

Jean-Luke Delport

New Home Star Listed on: 10/26/2022

Last Buyer's Agent

Nicholas Pierce

Covenant Partners LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,979 Sq Ft Lot
  • Lot Dimensions are 62x130x77x130

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include professional mgmt
  • Omega Property Management Association, Phone Number (763) 449-9100
  • Built by CREATIVE HOMES INC
  • Legacy At Northstar Community

Listing and Financial Details

  • Assessor Parcel Number 1102921430060

Home Details

Home Type

Single Family

Est. Annual Taxes

$100

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$34 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 2200
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, 8 ft+ Pour, Egress Window(s), Full
  • Living Area: 2200
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 694

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt
  • Phone: 763-449-9100
  • Association Fee: 34
  • Association: Yes
  • Community Name: Legacy at Northstar

Association/Amenities

  • HOA Management Co: Omega property management
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictNumber: 834
  • SchoolDistrictPhone: 651-351-8301

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 62x130x77x130
  • Lot Size Sq Ft: 8979
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Builder License: 667667
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1102921430060
  • Tax Annual Amount: 100
  • TaxWithAssessments: 100.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Nov 14, 2022
Sold by
Gwsa Land Development Llc
Bought by
Hanson Builders Inc
Seller's Agent
Jean-Luke Delport
New Home Star
Buyer's Agent
Nicholas Pierce
Covenant Partners LLC
List Price
$708,606
Sold Price
$708,606
Total Days on Market
0
Current Estimated Value
$784,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,627
Avg. Annual Appreciation
4.01%
Original Mortgage
$558,283
Outstanding Balance
$543,654
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$240,579

Purchase Details

Listed on
Oct 26, 2022
Closed on
Nov 10, 2022
Sold by
Creative Homes Inc
Bought by
Duerst Benjamin William and Duerst Jessica Mary
Seller's Agent
Jean-Luke Delport
New Home Star
Buyer's Agent
Nicholas Pierce
Covenant Partners LLC
List Price
$708,606
Sold Price
$708,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,283
Outstanding Balance
$543,654
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$240,579

Purchase Details

Closed on
May 4, 2022
Sold by
Gwsa Land Development Llc
Bought by
Creative Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hanson Builders Inc -- --
Duerst Benjamin William $708,606 Chb Title
Creative Homes Inc $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duerst Benjamin William $558,283
Previous Owner Creative Homes Inc $293,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $708,606 0.0% $322 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $708,606 -- $322 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,468 $650,700 $175,000 $475,700
2022 $100 $180,800 $180,800 $0
2021 $380 $8,200 $8,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6301717

NorthstarMLS

APN: 11-029-21-43-0060