M
Seller's Agent in 2025
Mark Ashby
Edina Realty, Inc.
(651) 491-2222
12 in this area
49 Total Sales
11241 40th St N Lake Elmo, MN 55042
4
Beds
2.5
Baths
2,543
Sq Ft
9,017
Sq Ft Lot
Highlights
- Home Office
- 3 Car Attached Garage
- Humidifier
- Stillwater Area High School Rated A-
- Forced Air Heating and Cooling System
- 2-minute walk to Firefly Park
About This Home
As of August 2025Move-In ready, skip the wait to build! Located in Lake Elmo's highly desirable Village Preserve community, this stunning Creative Homes-built "Sutherland" floor plan offers thoughtful design and modern upgrades throughout. Upstairs, you'll find four spacious bedrooms, a versatile loft, convenient laundry room, and three total bathrooms. The expansive primary suite features a luxurious walk-in California Closets, a beautifully tiled walk-in shower, and a double vanity. The open-concept main level boasts honed granite countertops, a gas range with double oven, an oversized walk-in pantry, and ample cabinet space. A large mudroom with built-in bench and closet provides the perfect drop zone. Need to work from home? Enjoy a bright and private main-floor office. Finish the lower level to quickly build equity and personalize your space further. Extras you won't get with new construction include window coverings, water softener, gutters, Smart home features: front door lock, thermostat, ceiling speakers, plus a maintenance-free deck overlooking a lush, landscaped yard! Enjoy walkable access to downtown Lake Elmo, scenic paved trails in the neighborhood nature preserve, and a great local playground. Part of the highly regarded Stillwater School District.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,907
Year Built
- Built in 2017
Lot Details
- 9,017 Sq Ft Lot
- Lot Dimensions are 63x131x74x133
HOA Fees
- $43 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2,543 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Natural lighting in basement
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Underground Utilities
Community Details
- Association fees include professional mgmt
- Cities Management Association, Phone Number (612) 381-8600
- Village Preserve 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1202921330099
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2025
Closed on
Aug 6, 2025
Sold by
Larkin Brittney and Larkin Shane
Bought by
Metz Joshua and Metz Angelica
Seller's Agent
Mark Ashby
Edina Realty, Inc.
Buyer's Agent
Tyler Putrah
Korman Realty
List Price
$650,000
Sold Price
$647,000
Premium/Discount to List
-$3,000
-0.46%
Total Days on Market
16
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.02%
Purchase Details
Closed on
Jul 13, 2022
Sold by
Hoy Alexander E and Hoy Kristina G
Bought by
Larkin Brittney and Larkin Shane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
5.78%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 4, 2017
Sold by
Creative Homes Inc
Bought by
Hoy Alexander E and Hoy Kristine G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,720
Interest Rate
3.88%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $647,000 | Edina Realty Title | |
| Warranty Deed | $635,000 | Edina Realty Title | |
| Warranty Deed | $470,800 | Custom Home Bldrs Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $508,000 | Balloon | |
| Previous Owner | $423,720 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $647,000 | -0.5% | $254 / Sq Ft |
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | For Sale | $650,000 | -- | $256 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,910 | $599,400 | $185,000 | $414,400 |
| 2023 | $5,910 | $599,000 | $185,000 | $414,000 |
| 2022 | $4,858 | $561,400 | $171,700 | $389,700 |
| 2021 | $4,264 | $469,200 | $142,500 | $326,700 |
| 2020 | $4,326 | $459,200 | $132,500 | $326,700 |
| 2019 | $4,256 | $467,300 | $135,000 | $332,300 |
| 2018 | $316 | $432,600 | $130,000 | $302,600 |
| 2017 | $74 | $130,000 | $130,000 | $0 |
| 2016 | -- | $6,600 | $6,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Ashby
-
Tyler Putrah
T
Buyer's Agent in 2025
Tyler Putrah
Korman Realty
(507) 339-3032
1 in this area
25 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6738470
APN: 12-029-21-33-0099
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