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18542 Salem St

Elk River, MN 55330

5 bd 3 ba 2,277 sqft Built 2022 Lot 13,504 sqft single_family
Most recent sale
$445,075
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $445,075 MLS #6148844
Feb 3, 2022 Listed for rent $2,995 NorthstarMLS
Feb 3, 2022 Listed $439,900 MLS #6148844

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $272,300 $96,700 $369,000 $4,862
2023 $84,200 $84,200 $1,370
2022 $3,600 $3,600 $54

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,277 sqft
Lot size
13,504 sqft
ZIP code
55330
City
Elk River
Street
Salem St
Coordinates
45.30760, -93.62286

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,416
Gross rental yield
9.21%
Implied cap rate
5.99%
Trend-extrapolated value

Frequently asked questions

When did 18542 Salem St last sell?
18542 Salem St most recently sold on Jun 10, 2022 for $445,075.
What is the current tax assessment for 18542 Salem St?
The most recent total assessment for 18542 Salem St (year 2025) is $369,000 with $4,862 in property tax.
How does 18542 Salem St's assessment compare to its last sale price?
The current assessment is 17.1% below the last sale price of $445,075.
When was 18542 Salem St built?
18542 Salem St was built in 2022.
How does 18542 Salem St compare to others on Salem St?
We track 8 other properties on Salem St. Browse the list under "Other properties on Salem St" to compare beds, baths, and sale history.
What are the property facts for 18542 Salem St?
18542 Salem St is a 5 bed, 3 bath, 2,277 sqft, 13,504 sqft lot single_family.
Is 18542 Salem St a flip candidate?
No — 18542 Salem St does not appear in our flips dataset.
Is 18542 Salem St a tax-appeal candidate?
No — 18542 Salem St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.0%
Implied 1-yr
+0.0%
2026 Q3
$403.1K
2026 Q4
$403.2K
ZIP 55330 — Median Price History + Forecast

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