Sold Aug 16, 2021
$567,961
Buyer
Seller
$454,370
by Waterstone Mortgage Corp
Mortgage Due Aug 01, 2051
10737 38th Street North has been categorized by the local assessors in Lake Elmo, MN as a residential type of property.
The building on the property was first built in 2021 and is 3 years old.
The home has a total of 3 bedrooms.
Residents will have access to 3 full bathrooms.
There are 3 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 10737 38th Street North has 2,804 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 9,949 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10737 38th Street North sold most recently in Jul 30, 2021 for a total of $567,961. If you work out the math, that's approximately a cost of $202.55 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,578 in taxes each year. 10737 38th Street North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $577,900. If we break it down further, the land itself was valued at $165,700. Improvements to the property, however, were assessed at a total of $412,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10737 38th Street North sold most recently in Jul 30, 2021 for a total of $567,961. If you work out the math, that's approximately a cost of $202.55 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,578 in taxes each year. 10737 38th Street North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $577,900. If we break it down further, the land itself was valued at $165,700. Improvements to the property, however, were assessed at a total of $412,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
10737 38th Street North, Lake Elmo, MN 55042
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