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8540 Ironwood Trl

Lake Elmo, MN 55042

3 bd 3 ba 1,842 sqft Built 1973 Lot 34,412 sqft single_family
Most recent sale
$400,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $400,000 MLS #6170851
Mar 31, 2022 Listed $379,900 MLS #6170851
Jun 27, 2014 Sold $256,000 MLS #4445535
May 8, 2014 Relisted $259,900 MLS #4445535
Apr 17, 2014 Listing removed $259,900 NorthstarMLS
Apr 1, 2014 Price changed $259,900 MLS #4445535
Feb 6, 2014 Listed $269,750 MLS #4445535
Mar 24, 2006 Sold $211,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $235,400 $171,200 $406,600 $4,224
2024 $225,300 $164,200 $389,500 $3,770
2023 $205,000 $145,400 $350,400 $3,472
2022 $169,300 $122,500 $291,800 $3,312
2021 $160,800 $112,500 $273,300 $2,988
2020 $160,800 $112,500 $273,300 $3,174
2019 $161,800 $115,000 $276,800 $2,800
2018 $148,400 $110,000 $258,400 $2,602
2017 $139,400 $100,000 $239,400 $2,466
2016 $135,100 $89,600 $224,700 $2,358
2015 $130,600 $89,600 $220,200 $2,148
2014 $123,100 $73,100 $196,200 $1,940
2013 $105,400 $56,500 $161,900 $1,978
2012 $104,500 $63,200 $167,700 $1,980
2011 $93,600 $63,000 $156,600 $2,004
2010 $99,700 $90,900 $190,600 $2,112
2009 $227,500 $2,222
2007 $260,100 $2,014
2006 $246,200 $2,008

Property facts

Year built
1973
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,842 sqft
Lot size
34,412 sqft
ZIP code
55042
City
Lake Elmo
Street
Ironwood Trl
Coordinates
44.99087, -92.93283

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,763
Gross rental yield
8.29%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 8540 Ironwood Trl last sell?
8540 Ironwood Trl most recently sold on May 2, 2022 for $400,000.
What is the current tax assessment for 8540 Ironwood Trl?
The most recent total assessment for 8540 Ironwood Trl (year 2025) is $406,600 with $4,224 in property tax.
How does 8540 Ironwood Trl's assessment compare to its last sale price?
The current assessment is 1.7% above the last sale price of $400,000.
When was 8540 Ironwood Trl built?
8540 Ironwood Trl was built in 1973.
How does 8540 Ironwood Trl compare to others on Ironwood Trl?
We track 8 other properties on Ironwood Trl. Browse the list under "Other properties on Ironwood Trl" to compare beds, baths, and sale history.
What are the property facts for 8540 Ironwood Trl?
8540 Ironwood Trl is a 3 bed, 3 bath, 1,842 sqft, 34,412 sqft lot single_family.
Is 8540 Ironwood Trl a flip candidate?
No — 8540 Ironwood Trl does not appear in our flips dataset.
Is 8540 Ironwood Trl a tax-appeal candidate?
No — 8540 Ironwood Trl 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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