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8656 27th St

Lake Elmo, MN 55042

4 bd 2 ba 2,500 sqft Built 1964 Lot 21,693 sqft single_family
Most recent sale
$515,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2024 Sold $569,000 NorthstarMLS
Mar 4, 2022 Sold $515,000 MLS #6147234
Feb 3, 2022 Listed $499,900 MLS #6147234
Jul 28, 2017 Sold $280,000 MLS #4829067
Jun 26, 2017 Relisted $299,900 MLS #4829067
Jun 13, 2017 Listing removed $299,900 NorthstarMLS
May 31, 2017 Price changed $299,900 MLS #4829067
May 12, 2017 Listed $320,000 MLS #4829067

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $303,000 $153,300 $456,300 $4,732
2024 $297,700 $145,000 $442,700 $4,282
2023 $246,200 $132,200 $378,400 $3,744
2022 $202,300 $107,500 $309,800 $3,530
2021 $194,000 $97,100 $291,100 $3,148
2020 $193,100 $99,600 $292,700 $3,260
2019 $179,700 $94,000 $273,700 $3,064
2018 $169,600 $78,700 $248,300 $2,726
2017 $154,700 $68,100 $222,800 $2,480
2016 $148,300 $67,800 $216,100 $2,336
2015 $148,400 $59,900 $208,300 $2,278
2014 $135,600 $46,900 $182,500 $2,180
2013 $134,200 $53,800 $188,000 $2,210
2012 $134,200 $53,800 $188,000 $2,092
2011 $152,200 $59,600 $211,800 $2,196
2010 $159,100 $75,800 $234,900 $2,194
2009 $259,500 $2,220
2007 $290,600 $2,294
2006 $275,000 $2,286

Property facts

Year built
1964
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,500 sqft
Lot size
21,693 sqft
ZIP code
55042
City
Lake Elmo
Street
27th St
Coordinates
44.98853, -92.93082

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
$3,750
Gross rental yield
8.74%
Implied cap rate
5.68%
Trend-extrapolated value

Frequently asked questions

When did 8656 27th St last sell?
8656 27th St most recently sold on Mar 4, 2022 for $515,000.
What is the current tax assessment for 8656 27th St?
The most recent total assessment for 8656 27th St (year 2025) is $456,300 with $4,732 in property tax.
How does 8656 27th St's assessment compare to its last sale price?
The current assessment is 11.4% below the last sale price of $515,000.
When was 8656 27th St built?
8656 27th St was built in 1964.
How does 8656 27th St compare to others on 27th St?
We track 5 other properties on 27th St. Browse the list under "Other properties on 27th St" to compare beds, baths, and sale history.
What are the property facts for 8656 27th St?
8656 27th St is a 4 bed, 2 bath, 2,500 sqft, 21,693 sqft lot single_family.
Is 8656 27th St a flip candidate?
No — 8656 27th St does not appear in our flips dataset.
Is 8656 27th St a tax-appeal candidate?
No — 8656 27th 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
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast

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