9940 53rd St
Lake Elmo, MN 55042
5 bd 4 ba 3,143 sqft Built 1993 Lot 109,423 sqft single_family
Most recent sale
$690,000
Jul 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 14, 2022 | Sold | $690,000 | MLS #6203806 |
| May 28, 2022 | Listed | $685,000 | MLS #6203806 |
| May 27, 2022 | Listed | $685,000 | MLS #6201221 |
| Aug 3, 1994 | Sold | $195,000 | Public Record |
| Aug 27, 1993 | Sold | $39,900 | Public Record |
| Apr 1, 1993 | Sold | $39,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $437,300 | $223,600 | $660,900 | $6,618 |
| 2024 | $415,900 | $228,600 | $644,500 | $5,970 |
| 2023 | $324,100 | $203,500 | $527,600 | $4,600 |
| 2022 | $271,900 | $168,900 | $440,800 | $4,564 |
| 2021 | $262,600 | $156,400 | $419,000 | $3,890 |
| 2020 | $262,600 | $156,400 | $419,000 | $3,910 |
| 2019 | $263,400 | $158,900 | $422,300 | $3,970 |
| 2018 | $244,800 | $158,500 | $403,300 | $3,764 |
| 2017 | $228,200 | $158,000 | $386,200 | $3,602 |
| 2016 | $227,000 | $153,800 | $380,800 | $3,618 |
| 2015 | $214,200 | $153,300 | $367,500 | $3,710 |
| 2014 | $223,000 | $151,100 | $374,100 | $3,356 |
| 2013 | $182,400 | $118,200 | $300,600 | $3,218 |
| 2012 | $179,900 | $124,500 | $304,400 | $3,180 |
| 2011 | $180,600 | $125,500 | $306,100 | $3,292 |
| 2010 | $191,300 | $165,600 | $356,900 | $3,188 |
Property facts
Year built
1993
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,143 sqft
Lot size
109,423 sqft
ZIP code
55042
City
Lake Elmo
Street
53rd St
Coordinates
45.02812, -92.90454
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,715
Gross rental yield
8.20%
Implied cap rate
5.33%
Trend-extrapolated value
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Frequently asked questions
When did 9940 53rd St last sell?
9940 53rd St most recently sold on Jul 14, 2022 for $690,000.
What is the current tax assessment for 9940 53rd St?
The most recent total assessment for 9940 53rd St (year 2025) is $660,900 with $6,618 in property tax.
How does 9940 53rd St's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $690,000.
When was 9940 53rd St built?
9940 53rd St was built in 1993.
How does 9940 53rd St compare to others on 53rd St?
We track 8 other properties on 53rd St. Browse the list under "Other properties on 53rd St" to compare beds, baths, and sale history.
What are the property facts for 9940 53rd St?
9940 53rd St is a 5 bed, 4 bath, 3,143 sqft, 109,423 sqft lot single_family.
Is 9940 53rd St a flip candidate?
No — 9940 53rd St does not appear in our flips dataset.
Is 9940 53rd St a tax-appeal candidate?
No — 9940 53rd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 53rd St