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4061 Monarch Ln N, Lake Elmo, MN, 55042

$670,000

Home List Price

$7,956*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,849 SqFt
$235/SqFt
House
Schools Nearby

Location

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4061 Monarch Ln N, Lake Elmo$670,000

Buyer Closing Credits

$7,956*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Garage Door Opener, Guest Parking, Insulated Garage
Attached Garage2 spaces
Year Built2018
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas
MLS #6504903
StatusActive

About 4061 Monarch Ln N

Welcome to The Prairie Villa - where elegance and nature seamlessly intertwine. Tucked into the wonderful Wildflower neighborhood of Lake Elmo, a turnkey lifestyle awaits. One level living with the finest of finishes including main floor primary suite and office. Relax and enjoy while the association does the rest! Former TJB model featuring fresh paint and lovely decor. This home has been pre-inspected to ensure excellent condition and a peaceful transaction.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 2,849 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener, Guest Parking, Insulated Garage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Stillwater Blvd to 39th to Wildflower Drive to Monarch S to Home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $670,000
  • Price Per SqFt: $235/SqFt

HOA Fees:

  • Amount: $714
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,878
  • 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

4061 Monarch Ln N vs Lake Elmo

30 DAYS ON ROCKET

-6 Days

$670,000

-$10K Less

$235/SqFt

+$14 More

KEY TAKEAWAY

This property is $10K less than the Median Sold Price and $14/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: #6504903

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 4/27/2024, 1:22:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 19, 2019Home Sold
$579,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,878$521,100
2019$4,720$508,200
2018$2,806$277,400
2017$90$7,700

History based on county public records data.

Payment Calculator

$3,649

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,075

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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-1291814
6
/10

  • Lake Elmo Elementary

  • 11030 Stillwater Blvd N

  • 0.51 miles

  • Public District Grades KG-6

High School

school-card-donut-1291815
7
/10

  • Stillwater Area High School

  • 5701 Stillwater Blvd N

  • 1.99 miles

  • Public District Grades 10-12

school-card-donut-1291816
6
/10

  • Oak-Land Junior High School

  • 820 Manning Ave N

  • 3.30 miles

  • Public District Grades 7-9

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $140,291. Residents of Lake Elmo, MN typically earn between $100k-200k each year. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4061 Monarch Ln N

What is the listing price of this property?

The listing price of 4061 Monarch Ln N property is $670,000.

What type of property is this?

The property 4061 Monarch Ln N is a house located in Lake Elmo, Minnesota, 55042.

Is this property for sale now?

Active Listing: 4061 Monarch Ln 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 4061 Monarch Ln N are:
Lake Elmo Elementary: GreatSchools Rating 6/10
Stillwater Area High School: GreatSchools Rating 7/10
Oak-Land Junior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,878 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 19, 2019 for $579,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4061 Monarch Ln N has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4061 Monarch Ln N is 2,849 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4061 Monarch Ln N is 2018.

Rocket Homes›Minnesota›Washington County›Lake Elmo›55042›4061 Monarch Ln N

This home is located at 4061 Monarch Ln N in Lake Elmo, MN and zip code 55042. This 2,849 square foot home was built in 2018. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $670,000.

In March 2024, from all listings sold in Lake Elmo, MN there were more than 5 sold above asking price, over 8 sold below and more than 0 were sold right at the asked price. In March 2024 in Lake Elmo, MN there were 18.2% more homes for sale than in February 2024. 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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