5686 Kelvin Ave
Lake Elmo, MN 55042
4 bd 3 ba 3,801 sqft Built 2022 Lot 49,746 sqft single_family
Most recent sale
$1,226,681
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $1,226,681 | MLS #6247768 |
| Aug 14, 2022 | Listed | $1,224,646 | MLS #6247768 |
| Aug 5, 2018 | Listed | $201,000 | MLS #4988971 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $880,800 | $222,200 | $1,103,000 | $11,710 |
| 2024 | $862,900 | $222,200 | $1,085,100 | $10,682 |
| 2023 | — | $237,100 | $237,100 | $2,464 |
| 2022 | — | $196,800 | $196,800 | $2,550 |
| 2021 | — | $174,300 | $174,300 | $2,038 |
| 2020 | — | $174,300 | $174,300 | $1,966 |
| 2019 | — | $176,800 | $176,800 | $250 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,801 sqft
Lot size
49,746 sqft
ZIP code
55042
City
Lake Elmo
Street
Kelvin Ave
Coordinates
45.03008, -92.89886
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,702
Gross rental yield
5.58%
Implied cap rate
3.63%
Trend-extrapolated value
—
Frequently asked questions
When did 5686 Kelvin Ave last sell?
5686 Kelvin Ave most recently sold on Sep 30, 2022 for $1,226,681.
What is the current tax assessment for 5686 Kelvin Ave?
The most recent total assessment for 5686 Kelvin Ave (year 2025) is $1,103,000 with $11,710 in property tax.
How does 5686 Kelvin Ave's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $1,226,681.
When was 5686 Kelvin Ave built?
5686 Kelvin Ave was built in 2022.
How does 5686 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 5686 Kelvin Ave?
5686 Kelvin Ave is a 4 bed, 3 bath, 3,801 sqft, 49,746 sqft lot single_family.
Is 5686 Kelvin Ave a flip candidate?
No — 5686 Kelvin Ave does not appear in our flips dataset.
Is 5686 Kelvin Ave a tax-appeal candidate?
No — 5686 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