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9864 5th Street Ln

Lake Elmo, MN 55042

3 bd 3 ba 1,824 sqft Built 2016 Lot 1,855 sqft townhomes
Most recent sale
$360,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $360,000 Public Record
Aug 5, 2022 Sold $360,000 MLS #6218796
Jun 20, 2022 Listed $345,900 MLS #6218796
Aug 19, 2016 Sold $280,955 MLS #4723215
Jul 2, 2016 Price changed $286,955 MLS #4723215
Jun 11, 2016 Price changed $285,955 MLS #4723215
Jun 2, 2016 Listed $285,445 MLS #4723215
Jan 1, 2016 Sold $274,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $221,400 $100,000 $321,400 $3,064
2024 $220,600 $105,000 $325,600 $2,882
2023 $192,300 $118,900 $311,200 $2,698
2016 $4,500 $4,500 $52

Property facts

Year built
2016
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,824 sqft
Lot size
1,855 sqft
ZIP code
55042
City
Lake Elmo
Street
5th Street Ln
Coordinates
44.95390, -92.90671

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
$2,736
Gross rental yield
9.12%
Implied cap rate
5.93%
Trend-extrapolated value

Frequently asked questions

When did 9864 5th Street Ln last sell?
9864 5th Street Ln most recently sold on Aug 5, 2022 for $360,000.
What is the current tax assessment for 9864 5th Street Ln?
The most recent total assessment for 9864 5th Street Ln (year 2025) is $321,400 with $3,064 in property tax.
How does 9864 5th Street Ln's assessment compare to its last sale price?
The current assessment is 10.7% below the last sale price of $360,000.
When was 9864 5th Street Ln built?
9864 5th Street Ln was built in 2016.
How does 9864 5th Street Ln compare to others on 5th Street Ln?
We track 8 other properties on 5th Street Ln. Browse the list under "Other properties on 5th Street Ln" to compare beds, baths, and sale history.
What are the property facts for 9864 5th Street Ln?
9864 5th Street Ln is a 3 bed, 3 bath, 1,824 sqft, 1,855 sqft lot townhomes.
Is 9864 5th Street Ln a flip candidate?
No — 9864 5th Street Ln does not appear in our flips dataset.
Is 9864 5th Street Ln a tax-appeal candidate?
No — 9864 5th 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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