9987 5th Street Ln
Lake Elmo, MN 55042
3 bd 3 ba 1,913 sqft Built 2015 Lot 2,309 sqft townhomes
Most recent sale
$355,000
Mar 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 8, 2026 | Listed for rent | $2,895 | TenantTurner |
| Apr 30, 2022 | Listed for rent | $2,750 | ShowMojo |
| Mar 22, 2022 | Listed for rent | $2,750 | ShowMojo |
| Mar 14, 2022 | Sold | $355,000 | MLS #6138162 |
| Jan 28, 2022 | Price changed | $364,900 | MLS #6138162 |
| Jan 14, 2022 | Price changed | $374,900 | MLS #6138162 |
| Dec 30, 2021 | Listed | $381,900 | MLS #6138162 |
| Nov 29, 2021 | Sold | $363,700 | Public Record |
| Apr 2, 2016 | Sold | $293,990 | MLS #4654918 |
| Feb 14, 2016 | Price changed | $293,990 | MLS #4654918 |
| Jan 1, 2016 | Sold | $285,300 | Public Record |
| Oct 17, 2015 | Listed | $299,500 | MLS #4654918 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $218,200 | $120,000 | $338,200 | $3,224 |
| 2024 | $220,200 | $126,000 | $346,200 | $3,064 |
| 2023 | $195,300 | $146,500 | $341,800 | $2,950 |
| 2022 | $172,300 | $128,000 | $300,300 | $3,128 |
| 2021 | $162,700 | $112,300 | $275,000 | $2,574 |
| 2020 | $162,700 | $112,300 | $275,000 | $2,606 |
| 2019 | $163,800 | $115,400 | $279,200 | $2,172 |
| 2018 | $142,300 | $75,000 | $217,300 | $2,360 |
| 2017 | $159,700 | $79,700 | $239,400 | $1,296 |
| 2016 | $76,800 | $55,300 | $132,100 | $60 |
Property facts
Year built
2015
Property type
townhomes
Stories
—
Beds
3
Baths
3
Living area
1,913 sqft
Lot size
2,309 sqft
ZIP code
55042
City
Lake Elmo
Street
5th Street Ln
Coordinates
44.95411, -92.90392
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,870
Gross rental yield
9.70%
Implied cap rate
6.31%
Trend-extrapolated value
—
Frequently asked questions
When did 9987 5th Street Ln last sell?
9987 5th Street Ln most recently sold on Mar 14, 2022 for $355,000.
What is the current tax assessment for 9987 5th Street Ln?
The most recent total assessment for 9987 5th Street Ln (year 2025) is $338,200 with $3,224 in property tax.
How does 9987 5th Street Ln's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $355,000.
When was 9987 5th Street Ln built?
9987 5th Street Ln was built in 2015.
How does 9987 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 9987 5th Street Ln?
9987 5th Street Ln is a 3 bed, 3 bath, 1,913 sqft, 2,309 sqft lot townhomes.
Is 9987 5th Street Ln a flip candidate?
No — 9987 5th Street Ln does not appear in our flips dataset.
Is 9987 5th Street Ln a tax-appeal candidate?
No — 9987 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 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 5th Street Ln