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10453 56th Pl

Lake Elmo, MN 55042

5 bd 5 ba 5,272 sqft Built 2022 Lot 41,426 sqft single_family
Most recent sale
$217,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 19, 2022 Sold $1,282,948 NorthstarMLS
Aug 14, 2022 Listed $1,275,338 MLS #6247742
Feb 28, 2022 Sold $217,000 Public Record
Jan 31, 2022 Sold $217,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $896,700 $220,000 $1,116,700 $11,868
2024 $861,500 $220,000 $1,081,500 $10,642
2023 $218,900 $218,900 $1,912
2022 $195,000 $195,000 $2,528
2021 $172,500 $172,500 $2,018
2020 $172,500 $172,500 $1,946
2019 $175,000 $175,000 $250

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
5,272 sqft
Lot size
41,426 sqft
ZIP code
55042
City
Lake Elmo
Street
56th Pl
Coordinates
45.02902, -92.89536

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
$1,302
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 10453 56th Pl last sell?
10453 56th Pl most recently sold on Feb 28, 2022 for $217,000.
What is the current tax assessment for 10453 56th Pl?
The most recent total assessment for 10453 56th Pl (year 2025) is $1,116,700 with $11,868 in property tax.
How does 10453 56th Pl's assessment compare to its last sale price?
The current assessment is 414.6% above the last sale price of $217,000.
When was 10453 56th Pl built?
10453 56th Pl was built in 2022.
How does 10453 56th Pl compare to others on 56th Pl?
We track 7 other properties on 56th Pl. Browse the list under "Other properties on 56th Pl" to compare beds, baths, and sale history.
What are the property facts for 10453 56th Pl?
10453 56th Pl is a 5 bed, 5 bath, 5,272 sqft, 41,426 sqft lot single_family.
Is 10453 56th Pl a flip candidate?
Yes — 10453 56th Pl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10453 56th Pl a tax-appeal candidate?
No — 10453 56th Pl 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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