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3959 Kokanee Ln

Lake Elmo, MN 55042

3 bd 3 ba 2,738 sqft Built 2022 Lot 9,757 sqft single_family
Most recent sale
$659,900
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $659,900 MLS #6161658
Mar 8, 2022 Listed $659,900 MLS #6161658
Jan 24, 2022 Listing removed $624,900 NorthstarMLS
Nov 23, 2021 Listed $624,900 MLS #6130138
Sep 14, 2021 Sold $116,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $493,300 $150,000 $643,300 $6,414
2024 $484,100 $170,000 $654,100 $6,072
2023 $155,600 $161,600 $317,200 $2,750
2022 $96,100 $96,100 $1,198
2021 $49,700 $49,700 $556
2020 $49,700 $49,700 $74

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,738 sqft
Lot size
9,757 sqft
ZIP code
55042
City
Lake Elmo
Street
Kokanee Ln
Coordinates
45.00627, -92.88393

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
$4,107
Gross rental yield
7.47%
Implied cap rate
4.85%
Trend-extrapolated value

Frequently asked questions

When did 3959 Kokanee Ln last sell?
3959 Kokanee Ln most recently sold on Jul 20, 2022 for $659,900.
What is the current tax assessment for 3959 Kokanee Ln?
The most recent total assessment for 3959 Kokanee Ln (year 2025) is $643,300 with $6,414 in property tax.
How does 3959 Kokanee Ln's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $659,900.
When was 3959 Kokanee Ln built?
3959 Kokanee Ln was built in 2022.
How does 3959 Kokanee Ln compare to others on Kokanee Ln?
We track 8 other properties on Kokanee Ln. Browse the list under "Other properties on Kokanee Ln" to compare beds, baths, and sale history.
What are the property facts for 3959 Kokanee Ln?
3959 Kokanee Ln is a 3 bed, 3 bath, 2,738 sqft, 9,757 sqft lot single_family.
Is 3959 Kokanee Ln a flip candidate?
Yes — 3959 Kokanee Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3959 Kokanee Ln a tax-appeal candidate?
No — 3959 Kokanee Ln 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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