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9657 4th Street Ln

Lake Elmo, MN 55042

3 bd 3 ba 1,955 sqft Built 2021 Lot 2,012 sqft townhomes
Most recent sale
$424,990
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 17, 2022 Sold $424,990 MLS #6142245
Feb 3, 2022 Price changed $434,990 MLS #6142245
Jan 14, 2022 Listing removed $434,990 NorthstarMLS
Jan 14, 2022 Listed $437,990 MLS #6142245
Aug 24, 2021 Listed $434,990 MLS #6089226

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $257,900 $128,400 $386,300 $3,698
2024 $262,800 $143,800 $406,600 $3,600
2023 $230,800 $134,400 $365,200 $3,158
2022 $41,100 $41,100 $512
2021 $10,700 $10,700 $76

Property facts

Year built
2021
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,955 sqft
Lot size
2,012 sqft
ZIP code
55042
City
Lake Elmo
Street
4th Street Ln
Coordinates
44.95109, -92.91092

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
$2,933
Gross rental yield
8.28%
Implied cap rate
5.38%
Trend-extrapolated value

Frequently asked questions

When did 9657 4th Street Ln last sell?
9657 4th Street Ln most recently sold on Feb 17, 2022 for $424,990.
What is the current tax assessment for 9657 4th Street Ln?
The most recent total assessment for 9657 4th Street Ln (year 2025) is $386,300 with $3,698 in property tax.
How does 9657 4th Street Ln's assessment compare to its last sale price?
The current assessment is 9.1% below the last sale price of $424,990.
When was 9657 4th Street Ln built?
9657 4th Street Ln was built in 2021.
How does 9657 4th Street Ln compare to others on 4th Street Ln?
We track 8 other properties on 4th Street Ln. Browse the list under "Other properties on 4th Street Ln" to compare beds, baths, and sale history.
What are the property facts for 9657 4th Street Ln?
9657 4th Street Ln is a 3 bed, 3 bath, 1,955 sqft, 2,012 sqft lot townhomes.
Is 9657 4th Street Ln a flip candidate?
No — 9657 4th Street Ln does not appear in our flips dataset.
Is 9657 4th Street Ln a tax-appeal candidate?
No — 9657 4th Street Ln 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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