NOT LISTED FOR SALE

10718 40th St N Lake Elmo, MN 55042

Estimated Value: $693,000 - $809,722

3 Beds
3 Baths
2,988 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 31, 2022

Last sale price $83,649 $28 Per Sq Ft

Est. 817% increase in value since last sale

Current estimated payment $4,849/month

Highlights

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

About This Home

As of July 2022

Stunning Victoria rambler plan on a beautiful, private lot.

Ryan McMonigal

National Realty Guild Listed on: 10/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 2022 | New Construction

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include professional mgmt, shared amenities
  • Omega Property Management Association, Phone Number (763) 449-9100
  • Built by CREATIVE HOMES INC (667667)
  • Legacy/North Star 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102921430065

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: 1841
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 40x50
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Living Area: 2988
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1147
  • Basement YN: Yes
  • SqFtTotal: 3682.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 656
  • ParkingOpen: 2
  • Garage Door Height: 8

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Shared Amenities
  • Phone: 763-449-9100
  • Association Fee: 34
  • Association: Yes

Association/Amenities

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

Lot Info

  • PropertyAttachedYN: No
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Builder License: 667667
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1102921430065
  • Tax Annual Amount: 100
  • TaxWithAssessments: 100.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Jul 26, 2022
Sold by
Creative Homes Inc
Bought by
Ferderer Robert and Ferderer Sarah L
Buyer's Agent
Ryan McMonigal
National Realty Guild
List Price
$813,649
Sold Price
$83,649
Premium/Discount to List
-$730,000
-89.72%
Current Estimated Value
$766,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,282
Avg. Annual Appreciation
117.32%
Original Mortgage
$475,000
Outstanding Balance
$458,643
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$311,512
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
Ferderer Robert $813,648 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferderer Robert $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2022 10/29/22 For Sale $813,649 +872.7% $272 / Sq Ft
07/31/2022 07/31/22 Sold $83,649 -- $28 / 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 $6,324 $651,800 $175,000 $476,800
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: 6303569

NorthstarMLS

APN: 11-029-21-43-0065