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3973 Kokanee Ln

Lake Elmo, MN 55042

3 bd 3 ba 2,642 sqft Built 2024 Lot 7,797 sqft townhomes
Most recent sale
$119,000
Dec 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2026 Price changed $610,000 NorthstarMLS
May 1, 2026 Price changed $620,000 NorthstarMLS
Apr 22, 2026 Price changed $630,000 NorthstarMLS
Apr 16, 2026 Listed $650,000 NorthstarMLS
Jan 24, 2025 Sold $600,000 NorthstarMLS
Nov 16, 2024 Listed $619,900 NorthstarMLS
Sep 17, 2024 Price changed $619,900 NorthstarMLS
Jul 25, 2024 Price changed $629,900 NorthstarMLS
Jan 29, 2024 Listed $619,900 NorthstarMLS
Dec 22, 2022 Sold $119,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $173,500 $150,000 $323,500 $3,084
2024 $170,000 $170,000 $1,818
2023 $165,700 $165,700 $1,722
2022 $96,100 $96,100 $1,198
2021 $49,700 $49,700 $556
2020 $6,600 $6,600 $74

Property facts

Year built
2024
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
2,642 sqft
Lot size
7,797 sqft
ZIP code
55042
City
Lake Elmo
Street
Kokanee Ln
Coordinates
45.00665, -92.88392

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
$714
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3973 Kokanee Ln last sell?
3973 Kokanee Ln most recently sold on Dec 22, 2022 for $119,000.
What is the current tax assessment for 3973 Kokanee Ln?
The most recent total assessment for 3973 Kokanee Ln (year 2025) is $323,500 with $3,084 in property tax.
How does 3973 Kokanee Ln's assessment compare to its last sale price?
The current assessment is 171.8% above the last sale price of $119,000.
When was 3973 Kokanee Ln built?
3973 Kokanee Ln was built in 2024.
How does 3973 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 3973 Kokanee Ln?
3973 Kokanee Ln is a 3 bed, 3 bath, 2,642 sqft, 7,797 sqft lot townhomes.
Is 3973 Kokanee Ln a flip candidate?
No — 3973 Kokanee Ln does not appear in our flips dataset.
Is 3973 Kokanee Ln a tax-appeal candidate?
No — 3973 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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