NOT LISTED FOR SALE

10822 38th Trail N Lake Elmo, MN 55042

Estimated Value: $682,000 - $927,000

3 Beds
2.5 Baths
2,196 Sq Ft
$360/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $614,900 $280 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,932/month

23 Days on Market

Highlights

  • New Construction
  • Loft
  • 3 Car Attached Garage
  • Stillwater Area High School Rated A-
  • 1 Fireplace
  • Living Room

About This Home

As of November 2022

Interest rate buy down available! REASONS WHY THIS HOME IS A BUY: 1) Great floor plan in Lake Elmo in the Stillwater school district. 2) The Kitchen features white - quartz countertops, White Shaker Cabinets, and Samsung Appliances. 3) Peace of mind. It's a brand-new home. 10 year warranties. 4) Not your traditional 2nd level. Its open, and full of light! And if you're interested in building your own home, you have first pick on our newest homesites in our final phase of development!

Last Agent to Sell the Property

Jean-Luke Delport

New Home Star Listed on: 08/26/2022

Last Buyer's Agent

Kim Shea

Sunset Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,146 Sq Ft Lot
  • Lot Dimensions are 65x125

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Shake Siding

Interior Spaces

  • 2,196 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Loft
  • Natural lighting in 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 At Northstar Community
  • Legacy/North Star 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402921120017

Home Details

Home Type

Single Family

Est. Annual Taxes

$582

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: 2196
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 40x30
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows
  • Living Area: 2196
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Laundry
  • SqFtTotal: 3272.00

Beds/Baths

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other, Professional Mgmt, Shared Amenities
  • 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: 65x125
  • Lot Size Sq Ft: 8145.72
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 667667
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement, Shake Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1402921120017
  • Tax Annual Amount: 582
  • TaxWithAssessments: 582.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Nov 15, 2022
Sold by
Creative Homes Inc
Bought by
Shea Jesse Stephen
Seller's Agent
Jean-Luke Delport
New Home Star
Buyer's Agent
Kim Shea
Sunset Realty
List Price
$599,900
Sold Price
$614,900
Premium/Discount to List
$15,000
2.5%
Total Days on Market
23
Current Estimated Value
$789,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,582
Avg. Annual Appreciation
10.17%
Original Mortgage
$491,920
Outstanding Balance
$479,078
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$310,404

Purchase Details

Closed on
Apr 15, 2021
Sold by
Gwsa Land Development Llc
Bought by
Creative Homes Inc
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
Shea Jesse Stephen $917,930 Chb Title Llc
Creative Homes Inc $132,500 Custom Home Builders Ttl Llc
-- $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Jesse Stephen $491,920
Closed -- $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $614,900 +2.5% $280 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $599,900 -- $273 / 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 $5,800 $589,400 $170,000 $419,400
2022 $1,212 $343,400 $165,700 $177,700
2021 $582 $137,500 $137,500 $0
2020 $104 $132,500 $132,500 $0
2019 -- $11,700 $11,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6253592

NorthstarMLS

APN: 14-029-21-12-0017