3508 Kelvin Ave
Lake Elmo, MN 55042
4 bd 2 ba 2,461 sqft Built 1968 Lot 150,282 sqft single_family
Most recent sale
$445,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $445,000 | Public Record |
| May 23, 2022 | Sold | $445,000 | MLS #6154533 |
| Apr 12, 2022 | Listed | $425,000 | MLS #6154533 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $232,000 | $147,700 | $379,700 | $7,342 |
| 2024 | $222,300 | $140,000 | $362,300 | $3,326 |
| 2023 | $210,400 | $113,700 | $324,100 | $2,800 |
| 2022 | $170,500 | $92,100 | $262,600 | $3,370 |
| 2021 | $162,800 | $84,300 | $247,100 | $2,960 |
| 2020 | $162,800 | $84,300 | $247,100 | $2,920 |
| 2019 | $155,500 | $86,500 | $242,000 | $2,928 |
| 2018 | $140,900 | $85,800 | $226,700 | $2,754 |
| 2017 | $129,500 | $80,200 | $209,700 | $2,658 |
| 2016 | $127,800 | $76,600 | $204,400 | $2,004 |
| 2015 | $124,500 | $76,500 | $201,000 | $2,024 |
| 2014 | $126,700 | $74,900 | $201,600 | $1,882 |
| 2013 | $108,100 | $58,000 | $166,100 | $1,838 |
| 2012 | $107,100 | $64,800 | $171,900 | $1,718 |
| 2011 | $98,300 | $65,000 | $163,300 | $1,774 |
| 2010 | $112,700 | $90,900 | $203,600 | $1,788 |
Property facts
Year built
1968
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,461 sqft
Lot size
150,282 sqft
ZIP code
55042
City
Lake Elmo
Street
Kelvin Ave
Coordinates
44.99945, -92.89957
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,692
Gross rental yield
9.96%
Implied cap rate
6.47%
Trend-extrapolated value
—
Frequently asked questions
When did 3508 Kelvin Ave last sell?
3508 Kelvin Ave most recently sold on Jun 3, 2022 for $445,000.
What is the current tax assessment for 3508 Kelvin Ave?
The most recent total assessment for 3508 Kelvin Ave (year 2025) is $379,700 with $7,342 in property tax.
How does 3508 Kelvin Ave's assessment compare to its last sale price?
The current assessment is 14.7% below the last sale price of $445,000.
When was 3508 Kelvin Ave built?
3508 Kelvin Ave was built in 1968.
How does 3508 Kelvin Ave compare to others on Kelvin Ave?
We track 8 other properties on Kelvin Ave. Browse the list under "Other properties on Kelvin Ave" to compare beds, baths, and sale history.
What are the property facts for 3508 Kelvin Ave?
3508 Kelvin Ave is a 4 bed, 2 bath, 2,461 sqft, 150,282 sqft lot single_family.
Is 3508 Kelvin Ave a flip candidate?
No — 3508 Kelvin Ave does not appear in our flips dataset.
Is 3508 Kelvin Ave a tax-appeal candidate?
No — 3508 Kelvin Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Kelvin Ave