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10466 56th Pl

Lake Elmo, MN 55042

5 bd 5 ba 5,363 sqft Built 2024 Lot 35,240 sqft single_family
Most recent sale
$580,000
Aug 14, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2024 Sold $1,700,000 NorthstarMLS
Mar 11, 2024 Listed $1,700,000 NorthstarMLS
Feb 18, 2024 Listing removed NorthstarMLS
Nov 15, 2023 Listed $1,749,000 NorthstarMLS
Aug 14, 2023 Sold $580,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $513,800 $220,000 $733,800 $7,458
2024 $220,000 $220,000 $2,352
2023 $235,000 $235,000 $2,442
2022 $195,000 $195,000 $2,528
2021 $172,500 $172,500 $1,928
2020 $175,000 $175,000 $1,946
2019 $21,100 $21,100 $250

Property facts

Year built
2024
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
5,363 sqft
Lot size
35,240 sqft
ZIP code
55042
City
Lake Elmo
Street
56th Pl
Coordinates
45.02999, -92.89493

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
$3,480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 10466 56th Pl last sell?
10466 56th Pl most recently sold on Aug 14, 2023 for $580,000.
What is the current tax assessment for 10466 56th Pl?
The most recent total assessment for 10466 56th Pl (year 2025) is $733,800 with $7,458 in property tax.
How does 10466 56th Pl's assessment compare to its last sale price?
The current assessment is 26.5% above the last sale price of $580,000.
When was 10466 56th Pl built?
10466 56th Pl was built in 2024.
How does 10466 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 10466 56th Pl?
10466 56th Pl is a 5 bed, 5 bath, 5,363 sqft, 35,240 sqft lot single_family.
Is 10466 56th Pl a flip candidate?
Yes — 10466 56th Pl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 10466 56th Pl a tax-appeal candidate?
No — 10466 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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