NOT LISTED FOR SALE

4047 Monarch Ln Lake Elmo, MN 55042

Estimated Value: $703,242 - $811,000

4 Beds
3 Baths
3,105 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $670,000 $216 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,796/month

32 Days on Market

Highlights

  • 1 Fireplace
  • Community Garden
  • Living Room
  • Stillwater Area High School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Firefly Park

About This Home

As of November 2023

Welcome to peaceful life on the prairie! Butterflies, hummingbirds & switch grass greet you as you enter Wildflower of Lake Elmo. Enjoy the ease of association maintained one-level living! This ideal floor plan features a primary suite that seamlessly connects the walk-in closet and laundry room as well as a 2nd main floor bedroom or home office. Two lower-level bedrooms offer the perfect place for visiting family and friends. Gather with neighbors in the wildflower gardens or for an evening book club or enjoy endless privacy in the comfort of your home.

Last Agent to Sell the Property

Jodi Klepac

Edina Realty, Inc. Listed on: 09/22/2023

Edina Realty, Inc.

Co-Listed By

Sara Yocum

Edina Realty, Inc.

Last Buyer's Agent

Stacy Sullivan

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,794

Year Built

  • Built in 2020

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 15x120

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1202921340072

Community Details

Overview

  • Association fees include lawn care, professional mgmt, recreation facility, snow removal
  • Wildflower At Lake Elmo Assn. Association, Phone Number (952) 930-1001
  • Wildflower/Lake Elmo 2Nd Add Subdivision

Amenities

  • Community Garden

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,794

Year Built

Built in 2020

Lot Details

0

HOA Fees

$222 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Common Garden, Trail(s)
  • Fee Frequency: Monthly
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 1696
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 3105
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1409
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Flex Room, Foyer, Mud Room

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Patio,Porch

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Guest Parking
  • Garage Square Feet: 508

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Professional Mgmt, Recreation Facility, Snow Removal
  • Phone: 952-930-1001
  • Association Fee: 222
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Exercise Room,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Wildflower at Lake Elmo Assn.

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 15x120
  • Lot Size Sq Ft: 6098.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1202921340072
  • Tax Annual Amount: 2794
  • TaxWithAssessments: 2794.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 21, 2023
Sold by
Wiechmann Amy and Wiechmann Chris
Bought by
Krysti Lauren and Anderson Brian
Seller's Agent
Jodi Klepac
Edina Realty, Inc.
Buyer's Agent
Stacy Sullivan
Edina Realty, Inc.
List Price
$715,000
Sold Price
$670,000
Premium/Discount to List
-$45,000
-6.29%
Views
48
Current Estimated Value
$724,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,522
Avg. Annual Appreciation
3.44%
Original Mortgage
$402,000
Outstanding Balance
$396,324
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$313,329

Purchase Details

Closed on
Feb 5, 2021
Sold by
Robert Engstrom Companies
Bought by
Wiechmann Chris and Wiechmann Amy
Source: Public Records

Range of Values:

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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
Krysti Lauren $670,000 --
Wiechmann Chris $589,000 None Available
Wiechmann Chris Chris $589,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krysti Lauren $402,000
Closed Wiechmann Chris Chris $589,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $670,000 -3.6% $216 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $695,000 -2.8% $224 / Sq Ft
09/22/2023 09/22/23 For Sale $715,000 -- $230 / 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 $6,864 $682,200 $200,000 $482,200
2023 $6,864 $633,400 $150,000 $483,400
2022 $2,294 $623,800 $168,700 $455,100
2021 $1,696 $521,500 $140,000 $381,500
2020 $1,148 $182,500 $132,500 $50,000
2019 $630 $135,000 $135,000 $0
2018 $90 $125,000 $125,000 $0
2017 -- $8,000 $8,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6437964

NorthstarMLS

APN: 12-029-21-34-0072