NOT LISTED FOR SALE

11256 40th St N Lake Elmo, MN 55042

Estimated Value: $633,082 - $668,000

3 Beds
2.5 Baths
2,543 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 15, 2025

Last sale price $650,000 $256 Per Sq Ft

Current estimated payment $3,934/month

Highlights

  • 1 Fireplace
  • No HOA
  • 3 Car Attached Garage
  • Stillwater Area High School Rated A-
  • Stainless Steel Appliances
  • 2-minute walk to Firefly Park

About This Home

As of May 2025

Sold before print

Last Agent to Sell the Property

Alexis Nelson

Real Broker, LLC Listed on: 03/27/2025

Real Broker, LLC

Co-Listed By

Adrian Clercx

Real Broker, LLC

Last Buyer's Agent

Alexis Nelson

Real Broker, LLC Listed on: 03/27/2025

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,367

Year Built

  • Built in 2017

Lot Details

  • 9,453 Sq Ft Lot
  • Lot Dimensions are 70x134x70x137

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,543 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Village Preserve 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1202921330096

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,367

Year Built

Built in 2017

Lot Details

0

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
  • Year Built: 2017
  • Above Grade Finished Sq Ft: 2543
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Full, Concrete, Sump Pump, Unfinished, Walkout
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Gas
  • Living Area: 2543
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 712

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Washer/Dryer Hookup

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictNumber: 834
  • SchoolDistrictPhone: 651-351-8301

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 70x134x70x137
  • Lot Size Sq Ft: 9452.52
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1202921330096
  • Tax Annual Amount: 5367
  • TaxWithAssessments: 5370.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 15, 2025
Sold by
Nelson Alexis L and Clercx Alexis L
Bought by
Krause Nolan M and Krause Tara J
Seller's Agent
Alexis Nelson
Real Broker, LLC
Buyer's Agent
Alexis Nelson
Real Broker, LLC
List Price
$650,000
Sold Price
$650,000
Views
6
Current Estimated Value
$653,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,021
Avg. Annual Appreciation
-1.41%
Original Mortgage
$450,000
Outstanding Balance
$443,683
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$203,095

Purchase Details

Closed on
May 2, 2022
Sold by
Ashby Dana and Shetka Elliot
Bought by
Nelson Alexis and Clercx Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2021
Sold by
Ashby Dana M and Shetka Elliot
Bought by
Ashby Dana M and Shetka Elliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2017
Sold by
Creative Homes Inc
Bought by
Ashby Dana M and Shetka Elliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,221
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Krause Nolan M $650,000 Titlesmart
Nelson Alexis $635,000 --
Ashby Dana M -- Edina Realty Title
Ashby Dana M $464,691 Custom Home Builders Title L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause Nolan M $450,000
Previous Owner Nelson Alexis $603,250
Previous Owner Ashby Dana M $382,000
Previous Owner Ashby Dana M $418,221
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $650,000 0.0% $256 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $650,000 -- $256 / 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 $5,822 $591,800 $185,000 $406,800
2023 $5,822 $588,500 $185,000 $403,500
2022 $4,774 $551,600 $171,700 $379,900
2021 $4,188 $461,000 $142,500 $318,500
2020 $4,250 $451,000 $132,500 $318,500
2019 $4,250 $459,000 $135,000 $324,000
2018 $316 $431,900 $130,000 $301,900
2017 $74 $130,000 $130,000 $0
2016 -- $6,600 $6,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6692543

NorthstarMLS

APN: 12-029-21-33-0096