4 months on rocket

5724 57th Street Cv N, Lake Elmo, MN, 55042

$1,950,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1 SqFt
$1,950,000/SqFt
House

Location

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5724 57th Street Cv N, Lake Elmo$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached GarageYes
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6557579
StatusActive

About 5724 57th Street Cv N

Exceptional opportunity to build the house of your dreams in the Discover Crossing Community with Style & Structure! Style & Structure will design and build to your specifications. This lovely homesite is ideally located on a charming cul-de-sac and a short distance to downtown Stillwater and Lake Elmo! The gorgeous setting in collaboration with a stunning custom home built by award winner, Style & Structure, is sure to make a home that exceeds your expectations. Style & Structure is known for creating timeless homes with luxurious design elements, functionality, and extraordinary craftsmanship delivered with a fun and transparent process. Photos in the listing are examples of what Style & Structure could create for you.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn onto Lake Elmo Ave N. Drive to 57th Street Cove N.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $1,950,000/SqFt

HOA Fees:

  • Amount: $550
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,766
  • 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

$672.9K

Med. Price/SqFt

$223

Avg. Days On Market

43

# of Sold Homes

22

5724 57th Street Cv N vs Lake Elmo

126 DAYS ON ROCKET

+83 Days

$1,950,000

+$1.2M More

$1,950,000/SqFt

+$1.9M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $1.9M/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: #6557579

Listing Office:

  • Office Name: Compass

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Last updated on: 11/21/2024, 6:22:48 PM 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$2,766$247,500
2019$2,778$250,000
2018$2,612$250,000
2017$2,612$223,700

History based on county public records data.

Payment Calculator

$9,983

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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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.

Nearby Schools

school-card-donut-382550
6
/10

  • Lake Elmo Elementary School

  • 11030 Stillwater Blvd N

  • 2.14 miles

  • Public District Grades PK-5

school-card-donut-382551
4
/10

  • Rutherford Elementary School

  • 115 Rutherford Rd

  • 2.14 miles

  • Public District Grades PK-5

school-card-donut-382552
7
/10

  • Lily Lake Elementary School

  • 2003 Willard St W

  • 2.78 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $140,291. Most Lake Elmo, MN residents have annual incomes between $100k-200k. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5724 57th Street Cv N

What is the listing price of this property?

The listing price of 5724 57th Street Cv N property is $1,950,000.

What type of property is this?

The property 5724 57th Street Cv N is a house located in Lake Elmo, Minnesota, 55042.

Is this property for sale now?

Active Listing: 5724 57th Street Cv N is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,766 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5724 57th Street Cv N has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5724 57th Street Cv N is 1 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5724 57th Street Cv N is 2024.

Rocket Homes›Minnesota›Washington County›Lake Elmo›55042›5724 57th Street Cv N

This home is located at 5724 57th Street Cv N in Lake Elmo, MN and zip code 55042. This 1 square foot home was built in 2024. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $1,950,000.

Over 7 listings were sold over their listed price in October 2024 in Lake Elmo, MN. In the same period over 12 listings were sold below the listed price and 3 listings were sold for the listed price. Between September 2024 and October 2024, Lake Elmo, MN real estate market has seen increase in the number of listings by 9.5%. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $672,950.

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

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