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9031 7th St

Lake Elmo, MN 55042

3 bd 3 ba 2,683 sqft Built 2021 Lot 7,405 sqft single_family
Most recent sale
$594,350
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $594,350 MLS #6157240
Feb 26, 2022 Listed $594,900 MLS #6157240
Jan 30, 2022 Relisted $594,900 MLS #5714809
Jan 26, 2022 Listing removed $594,900 NorthstarMLS
Jan 3, 2022 Price changed $594,900 MLS #5714809
Sep 13, 2021 Relisted $599,900 MLS #5714809
Aug 23, 2021 Listing removed $599,900 NorthstarMLS
Apr 23, 2021 Listed $599,900 MLS #5714809

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $441,000 $150,000 $591,000 $6,258
2024 $437,600 $165,000 $602,600 $5,966
2023 $412,000 $175,300 $587,300 $5,896
2022 $145,500 $145,500 $2,002
2021 $112,600 $112,600 $1,472
2020 $112,600 $112,600 $774
2019 $55,300 $55,300 $322

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,683 sqft
Lot size
7,405 sqft
ZIP code
55042
City
Lake Elmo
Street
7th St
Coordinates
44.95506, -92.92189

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
$4,025
Gross rental yield
8.13%
Implied cap rate
5.28%
Trend-extrapolated value

Frequently asked questions

When did 9031 7th St last sell?
9031 7th St most recently sold on May 13, 2022 for $594,350.
What is the current tax assessment for 9031 7th St?
The most recent total assessment for 9031 7th St (year 2025) is $591,000 with $6,258 in property tax.
How does 9031 7th St's assessment compare to its last sale price?
The current assessment is 0.6% below the last sale price of $594,350.
When was 9031 7th St built?
9031 7th St was built in 2021.
How does 9031 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 9031 7th St?
9031 7th St is a 3 bed, 3 bath, 2,683 sqft, 7,405 sqft lot single_family.
Is 9031 7th St a flip candidate?
No — 9031 7th St does not appear in our flips dataset.
Is 9031 7th St a tax-appeal candidate?
No — 9031 7th 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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