NOT LISTED FOR SALE

10838 40th St N Lake Elmo, MN 55042

Estimated Value: $603,000 - $1,014,000

4 Beds
4.5 Baths
5,172 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $923,420 $179 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,023/month

Highlights

  • New Construction
  • In Ground Pool
  • Sport Court
  • Stillwater Area High School Rated A-
  • Bonus Room
  • Home Office

About This Home

As of March 2024

Hanson Builders at Legacy at North Star! Come feel the difference of a home that is designed for life, in a community that provides a serene setting plus the amenities you can't live without!

Last Agent to Sell the Property

Katie Brown

Hanson Builders Inc Listed on: 07/22/2023

Last Buyer's Agent

Ade Aladi

All State Realty Mgmt Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,712

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Drain
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Sport Court

Additional Features

  • Air Exchanger
  • 8,712 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1402921110074

Community Details

Overview

  • Association fees include shared amenities
  • Omega Association, Phone Number (763) 449-9100
  • Built by HANSON BUILDERS INC
  • Legacy At North Star Community
  • Legacy At North Star Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$686

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$45 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: 2023
  • Above Grade Finished Sq Ft: 3680
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Concrete, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 5172
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1492
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Study, Athletic Court, Bonus Room, Game Room, Sun Room
  • SqFtTotal: 5475.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • PoolFeatures: Below Ground, Outdoor Pool, Shared

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 728
  • Garage Door Height: 8

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other, Shared Amenities
  • Phone: 763-449-9100
  • Association Fee: 45
  • Association: Yes
  • Amenities Unit: Exercise Room,Hardwood Floors,In-Ground Sprinkler
  • Community Name: Legacy at North Star

Association/Amenities

  • HOA Management Co: Omega
  • 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: Irregular
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 4568
  • Yearly/Seasonal: Yearly

Green Features

  • Green Certified Status: Pending

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1402921110074
  • Tax Annual Amount: 686
  • TaxWithAssessments: 686.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Mar 28, 2024
Sold by
Hanson Builders Inc
Bought by
Alabi Adeniyi
Seller's Agent
Katie Brown
Hanson Builders Inc
Buyer's Agent
Ade Aladi
All State Realty Mgmt Co
List Price
$917,105
Sold Price
$923,420
Premium/Discount to List
$6,315
0.69%
Views
129
Current Estimated Value
$877,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,476
Avg. Annual Appreciation
0.45%

Purchase Details

Closed on
May 2, 2023
Sold by
Gwsa Land Development Llc
Bought by
Hanson Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Alabi Adeniyi $917,106 Chb Title
Hanson Builders Inc $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Builders Inc $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $923,420 +0.7% $179 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $917,105 -- $177 / 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
2024 $4,102 $436,600 $150,000 $286,600
2023 $4,102 $175,000 $175,000 $0
2022 $100 $180,800 $180,800 $0
2021 $682 $8,200 $8,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6406269

NorthstarMLS

APN: 14-029-21-11-0074