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514 6th Street Ln

Lake Elmo, MN 55042

4 bd 3 ba 2,732 sqft Built 2019 Lot 10,019 sqft single_family
Most recent sale
$635,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $635,000 MLS #6220144
Jun 20, 2022 Listed $615,000 MLS #6220144
May 16, 2019 Sold $465,239 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $481,800 $170,000 $651,800 $6,514
2024 $415,300 $160,000 $575,300 $5,528
2023 $391,000 $174,700 $565,700 $5,120
2022 $327,700 $145,000 $472,700 $4,894
2021 $320,300 $133,000 $453,300 $4,210
2020 $320,300 $133,000 $453,300 $1,068
2019 $110,500 $110,500 $1,482
2018 $125,500 $125,500 $1,000
2017 $85,600 $85,600 $518
2016 $45,800 $45,800 $70

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,732 sqft
Lot size
10,019 sqft
ZIP code
55042
City
Lake Elmo
Street
6th Street Ln
Coordinates
44.95293, -92.91344

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,098
Gross rental yield
7.74%
Implied cap rate
5.03%
Trend-extrapolated value

Frequently asked questions

When did 514 6th Street Ln last sell?
514 6th Street Ln most recently sold on Aug 1, 2022 for $635,000.
What is the current tax assessment for 514 6th Street Ln?
The most recent total assessment for 514 6th Street Ln (year 2025) is $651,800 with $6,514 in property tax.
How does 514 6th Street Ln's assessment compare to its last sale price?
The current assessment is 2.6% above the last sale price of $635,000.
When was 514 6th Street Ln built?
514 6th Street Ln was built in 2019.
How does 514 6th Street Ln compare to others on 6th Street Ln?
We track 8 other properties on 6th Street Ln. Browse the list under "Other properties on 6th Street Ln" to compare beds, baths, and sale history.
What are the property facts for 514 6th Street Ln?
514 6th Street Ln is a 4 bed, 3 bath, 2,732 sqft, 10,019 sqft lot single_family.
Is 514 6th Street Ln a flip candidate?
No — 514 6th Street Ln does not appear in our flips dataset.
Is 514 6th Street Ln a tax-appeal candidate?
No — 514 6th 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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