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11535 Arnie Way

Lake Elmo, MN 55042

2 bd 2 ba 1,839 sqft Built 2023 Lot 9,583 sqft townhomes
Most recent sale
$225,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2023 Sold $1,008,819 NorthstarMLS
Jul 20, 2022 Sold $225,000 Public Record
Apr 28, 2022 Price changed $849,349 MLS #6150698
Feb 8, 2022 Listed $743,000 MLS #6150698
Jun 21, 2021 Price changed $696,000 MLS #5754916
May 10, 2021 Listed $678,000 MLS #5754916

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $539,900 $315,000 $854,900 $8,852
2024 $154,000 $249,400 $403,400 $3,572
2023 $274,100 $274,100 $2,848
2022 $227,500 $227,500 $2,836
2021 $227,500 $227,500 $2,542
2020 $230,000 $230,000 $2,556
2019 $10,500 $10,500 $124

Property facts

Year built
2023
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,839 sqft
Lot size
9,583 sqft
ZIP code
55042
City
Lake Elmo
Street
Arnie Way
Coordinates
44.96629, -92.87088

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 11535 Arnie Way last sell?
11535 Arnie Way most recently sold on Jul 20, 2022 for $225,000.
What is the current tax assessment for 11535 Arnie Way?
The most recent total assessment for 11535 Arnie Way (year 2025) is $854,900 with $8,852 in property tax.
How does 11535 Arnie Way's assessment compare to its last sale price?
The current assessment is 280.0% above the last sale price of $225,000.
When was 11535 Arnie Way built?
11535 Arnie Way was built in 2023.
How does 11535 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 11535 Arnie Way?
11535 Arnie Way is a 2 bed, 2 bath, 1,839 sqft, 9,583 sqft lot townhomes.
Is 11535 Arnie Way a flip candidate?
Yes — 11535 Arnie Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 11535 Arnie Way a tax-appeal candidate?
No — 11535 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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