NOT LISTED FOR SALE

740 Midwest Trail N Lake Elmo, MN 55042

West Lakeland Neighborhood

Estimated Value: $823,000 - $1,078,000

4 Beds
4 Baths
2,639 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 740 Midwest Trail N, Lake Elmo, MN 55042 and is currently estimated at $939,632, approximately $356 per square foot. 740 Midwest Trail N is a home located in Washington County with nearby schools including Lake Elmo Elementary School, Oak-Land Middle School, and Stillwater Area High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Olson Michael C and Olson Luann M
Bought by
Nace Joshua and Nace Sara
Current Estimated Value
$939,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 1996
Sold by
Clark David B
Bought by
Olson Michael C and Olson Luann M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Nace Joshua $615,000 Partners Title Llc
Olson Michael C $409,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nace Joshua $548,250
Closed Nace Joshua $61,500
Closed Nace Joshua $492,000
Previous Owner Olson Michael C $360,500
Previous Owner Olson Michael C $391,079
Previous Owner Olson Michael C $417,000
Previous Owner Olson Michael C $75,000
Source: Public Records

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 $7,406 $763,700 $223,700 $540,000
2023 $7,406 $812,200 $285,700 $526,500
2022 $5,246 $722,000 $229,200 $492,800
2021 $4,720 $604,700 $192,000 $412,700
2020 $4,628 $580,700 $177,000 $403,700
2019 $4,390 $573,900 $168,100 $405,800
2018 $4,326 $523,200 $153,100 $370,100
2017 $4,614 $522,500 $153,100 $369,400
2016 $4,726 $543,700 $173,100 $370,600
2015 $4,612 $547,200 $153,100 $394,100
2013 -- $485,000 $122,600 $362,400
Source: Public Records

Map

Minnesota Washington County Lake Elmo 55042 West Lakeland

740 Midwest Trail N, Lake Elmo, MN

This home is located at 740 Midwest Trail N, Lake Elmo, MN 55042 and is currently estimated at $939,632, approximately $356 per square foot. 740 Midwest Trail N is a home located in Washington County with nearby schools including Lake Elmo Elementary School, Oak-Land Middle School, and Stillwater Area High School.

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