2 months on rocket

11531 Arnie Way N, Lake Elmo, MN, 55042

$869,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,944 SqFt
$295/SqFt
Townhouse
Schools Nearby

Location

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11531 Arnie Way N, Lake Elmo$869,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached Garage, Concrete, Garage Door Opener
Attached Garage3 spaces
Year BuiltNew Const., 2022
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceGas, Living Room
MLS #6482579
StatusActive

About 11531 Arnie Way N

GRAND CLOSING INCENTIVE on Pratt Homes’ last remaining home site. The Royal Golf Club is now private. The home price includes the initiation fee and 12 months dues for a SOCIAL CLUB membership in the club. This lot features 87 feet street frontage for great curb appeal. The Madison model featured has 3 BR/3 Bath/ 3 car garage. Single level living at its best. Great room box vault with fireplace. Open plan with large kitchen/informal dining, screen porch and office. Owner’s suite includes luxury bath and walk-in closet that connects to laundry. Lower level family broom, 2 BR’s, ¾ bath and flex room. Options include second fireplace and wet bar. Association maintained community. List price is the base price. Many options and upgrades to choose from. VERY IMPORTANT—PHOTOS SHOWN ARE OF A PREVIOUS MODEL AND DEPICT OPTIONAL FEATURES AND FINISHES NOT INCLUDED IN BASE PRICE.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 2,944 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Oven, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Oak-Land Junior High School, Public District Grades 7-9
  • Stillwater Area High School, Public District Grades 10-12
  • Lake Elmo Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Manning Ave go west on 10th St to Palmer Drive. Turn right and go to Arnie Way N. Turn left and lot will be on right side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $869,000
  • Price Per SqFt: $295/SqFt

HOA Fees:

  • Amount: $340
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,542
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Elmo, MN.

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Lake Elmo, MN

City

Med. Sold Price

$680K

Med. Price/SqFt

$220

Avg. Days On Market

36

# of Sold Homes

13

11531 Arnie Way N vs Lake Elmo

87 DAYS ON ROCKET

+51 Days

$869,000

+$189K More

$295/SqFt

+$74 More

KEY TAKEAWAY

This property is $189K more than the Median Sold Price and $74/SqFt more than other homes in Lake Elmo, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6482579

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/26/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,542$227,500
2019$2,556$230,000
2018 - $10,500

History based on county public records data.

Payment Calculator

$4,745

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,672

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-423564
6
/10

  • Lake Elmo Elementary

  • 11030 Stillwater Blvd N

  • 2.53 miles

  • Public District Grades KG-6

High School

school-card-donut-423565
6
/10

  • Oak-Land Junior High School

  • 820 Manning Ave N

  • 0.50 miles

  • Public District Grades 7-9

school-card-donut-423566
7
/10

  • Stillwater Area High School

  • 5701 Stillwater Blvd N

  • 4.43 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,286. The most common annual income of people living in Lake Elmo, MN is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11531 Arnie Way N

What is the listing price of this property?

The listing price of 11531 Arnie Way N property is $869,000.

What type of property is this?

The property 11531 Arnie Way N is a townhouse located in Lake Elmo, Minnesota, 55042.

Is this property for sale now?

Active Listing: 11531 Arnie Way N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11531 Arnie Way N are:
Lake Elmo Elementary: GreatSchools Rating 6/10
Oak-Land Junior High School: GreatSchools Rating 6/10
Stillwater Area High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,542 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11531 Arnie Way N has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 11531 Arnie Way N is 2,944 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11531 Arnie Way N is 2022.

Rocket Homes›Minnesota›Washington County›Lake Elmo›55042›11531 Arnie Way N

This home is located at 11531 Arnie Way N in Lake Elmo, MN and zip code 55042. This 2,944 square foot home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $869,000.

Lake Elmo, MN housing market in March 2024 saw over 5 listings sold above listed price, more than 0 sold at listed price and over 8 sold below. Between February 2024 and March 2024, Lake Elmo, MN real estate market has seen increase in the number of listings by 18.2%. The median list price of listings available in March 2024 was $680,000, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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