NOT LISTED FOR SALE

10862 38th St N Lake Elmo, MN 55042

Estimated Value: $765,000 - $902,000

5 Beds
3 Baths
3,202 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $750,000 $234 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,371/month

43 Days on Market

Highlights

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

About This Home

As of February 2023

Welcome home to this beautiful Augustine floor plan with a two-story great room, 20' tall stone fireplace and open railing. Open concept on the main-level featuring a gourmet kitchen that is perfect for hosting holidays and entertaining. Additionally, you will also find a bedroom on the main floor along with a 3/4 bath that works perfect for main level living. You will love the oversized 4 and a half car garage, one of a kind for the neighborhood, that will fit everyone's toys! On the upper level, you will find four more bedrooms. The owner's suite features a stunning vaulted ceiling and an extremely large walk-in closet. In the bathroom, you will find a beautiful tile shower, freestanding tub, and separate vanities. The walkout basement has plenty of natural light and additional room. Come by today to take a look!

Last Agent to Sell the Property

Jean-Luke Delport

New Home Star Listed on: 10/27/2022

Co-Listed By

Kellie Bradt

Creative Real Estate Group, LLC

Last Buyer's Agent

Jean-Luke Delport

New Home Star Listed on: 10/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,230

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,799 Sq Ft Lot
  • Lot Dimensions are 85x105

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 3,202 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

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 (667667)
  • Legacy At North Star Community
  • Legacy/North Star 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402921120042

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,230

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$34 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 3202
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Living Area: 3202
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • SqFtTotal: 4744.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • CompletionDate: 2022-06-09

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 1002
  • Garage Door Height: 8

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Other, Professional Mgmt
  • Phone: 763-449-9100
  • Association Fee: 34
  • Association: Yes
  • Community Name: Legacy at North Star

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: 85x105
  • Lot Size Sq Ft: 8799.12
  • 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

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1402921120042
  • Tax Annual Amount: 62
  • TaxWithAssessments: 62.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Feb 24, 2023
Sold by
Creative Homes Inc
Bought by
Pitzen Benjamin
Seller's Agent
Jean-Luke Delport
New Home Star
Buyer's Agent
Jean-Luke Delport
New Home Star
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%
Total Days on Market
43
Current Estimated Value
$847,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,201
Avg. Annual Appreciation
5.01%
Original Mortgage
$705,000
Outstanding Balance
$685,941
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$153,293

Purchase Details

Closed on
Mar 30, 2022
Sold by
Gwsa Land Development Llc
Bought by
Hanson Builders 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
Pitzen Benjamin $750,000 --
Hanson Builders Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitzen Benjamin $705,000
Closed Pitzen Benjamin $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $750,000 -3.2% $234 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
11/24/2022 11/24/22 Price Changed $774,900 -3.1% $242 / Sq Ft
10/26/2022 10/26/22 For Sale $799,900 -- $250 / 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 $7,230 $714,100 $150,000 $564,100
2023 $7,230 $723,100 $170,000 $553,100
2022 $644 $238,600 $165,700 $72,900
2021 $62 $137,500 $137,500 $0
2020 $644 $8,700 $8,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6301705

NorthstarMLS

APN: 14-029-21-12-0042