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11704 56th St

Lake Elmo, MN 55042

5 bd 4 ba 5,694 sqft Built 2007 Lot 32,801 sqft single_family
Most recent sale
$985,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2022 Sold $985,000 MLS #6122101
Oct 30, 2021 Listed $985,000 MLS #6122101
Aug 14, 2009 Sold $712,000 Public Record
May 31, 2009 Listing removed $769,000 NorthstarMLS
Apr 4, 2009 Price changed $779,000 MLS #3583510
Mar 11, 2009 Relisted $799,000 MLS #3583510
Feb 24, 2009 Listing removed $839,000 NorthstarMLS
Aug 8, 2008 Listed $899,000 MLS #3583510
May 4, 2007 Sold $225,000 Public Record
Apr 4, 2006 Sold $212,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $753,000 $225,000 $978,000 $10,394
2024 $756,300 $275,000 $1,031,300 $10,212
2023 $712,000 $213,900 $925,900 $8,830
2022 $597,000 $177,500 $774,500 $8,656
2021 $575,500 $172,500 $748,000 $7,476
2020 $575,500 $172,500 $748,000 $7,708
2019 $586,400 $180,000 $766,400 $7,672
2018 $551,200 $180,000 $731,200 $7,632
2017 $538,900 $180,000 $718,900 $8,278
2016 $639,800 $175,000 $814,800 $8,002
2015 $627,200 $136,000 $763,200 $8,074
2014 $630,300 $133,500 $763,800 $8,220
2013 $594,800 $106,800 $701,600 $7,998
2012 $601,900 $113,300 $715,200 $8,180
2011 $614,700 $127,100 $741,800 $7,146
2010 $556,600 $161,600 $718,200 $7,552

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
5,694 sqft
Lot size
32,801 sqft
ZIP code
55042
City
Lake Elmo
Street
56th St
Coordinates
45.02984, -92.86921

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,541
Gross rental yield
10.41%
Implied cap rate
6.76%
Trend-extrapolated value

Frequently asked questions

When did 11704 56th St last sell?
11704 56th St most recently sold on Apr 6, 2022 for $985,000.
What is the current tax assessment for 11704 56th St?
The most recent total assessment for 11704 56th St (year 2025) is $978,000 with $10,394 in property tax.
How does 11704 56th St's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $985,000.
When was 11704 56th St built?
11704 56th St was built in 2007.
How does 11704 56th St compare to others on 56th St?
We track 8 other properties on 56th St. Browse the list under "Other properties on 56th St" to compare beds, baths, and sale history.
What are the property facts for 11704 56th St?
11704 56th St is a 5 bed, 4 bath, 5,694 sqft, 32,801 sqft lot single_family.
Is 11704 56th St a flip candidate?
No — 11704 56th St does not appear in our flips dataset.
Is 11704 56th St a tax-appeal candidate?
No — 11704 56th 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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