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11531 Arnie Way

Lake Elmo, MN 55042

3 bd 3 ba 2,944 sqft Built 2024 Lot 8,712 sqft townhomes
Most recent sale
$763,030
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2025 Sold $994,044 NorthstarMLS
Nov 7, 2024 Listed $975,000 NorthstarMLS
Jul 17, 2024 Listed $950,000 NorthstarMLS
Jan 30, 2024 Listing removed NorthstarMLS
Jan 29, 2024 Listed $869,000 NorthstarMLS
Oct 2, 2023 Listing removed NorthstarMLS
Jan 13, 2023 Listed $250,000 NorthstarMLS
Sep 27, 2022 Sold $763,030 Public Record
Sep 9, 2022 Price changed $869,000 MLS #6224891
Jun 23, 2022 Listed $837,000 MLS #6224891

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $315,000 $315,000 $3,628
2024 $250,000 $250,000 $2,674
2023 $274,100 $274,100 $2,848
2022 $227,500 $227,500 $2,836
2021 $227,500 $227,500 $2,542
2020 $227,500 $227,500 $2,556
2019 $230,000 $230,000 $124

Property facts

Year built
2024
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
2,944 sqft
Lot size
8,712 sqft
ZIP code
55042
City
Lake Elmo
Street
Arnie Way
Coordinates
44.96645, -92.87110

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
$4,416
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 11531 Arnie Way last sell?
11531 Arnie Way most recently sold on Sep 27, 2022 for $763,030.
What is the current tax assessment for 11531 Arnie Way?
The most recent total assessment for 11531 Arnie Way (year 2025) is $315,000 with $3,628 in property tax.
How does 11531 Arnie Way's assessment compare to its last sale price?
The current assessment is 58.7% below the last sale price of $763,030.
When was 11531 Arnie Way built?
11531 Arnie Way was built in 2024.
How does 11531 Arnie Way compare to others on Arnie Way?
We track 8 other properties on Arnie Way. Browse the list under "Other properties on Arnie Way" to compare beds, baths, and sale history.
What are the property facts for 11531 Arnie Way?
11531 Arnie Way is a 3 bed, 3 bath, 2,944 sqft, 8,712 sqft lot townhomes.
Is 11531 Arnie Way a flip candidate?
No — 11531 Arnie Way does not appear in our flips dataset.
Is 11531 Arnie Way a tax-appeal candidate?
No — 11531 Arnie Way 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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