3989 Kokanee Ln
Lake Elmo, MN 55042
3 bd 3 ba 2,700 sqft Built 2022 Lot 7,797 sqft single_family
Most recent sale
$649,900
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2022 | Sold | $649,900 | MLS #6193996 |
| May 11, 2022 | Listed | $649,900 | MLS #6193996 |
| May 1, 2022 | Listed | $649,900 | MLS #6188118 |
| Apr 8, 2022 | Listed | $649,900 | MLS #6176676 |
| Mar 7, 2022 | Listed | $649,900 | MLS #6161118 |
| Jan 24, 2022 | Listing removed | $634,900 | NorthstarMLS |
| Nov 23, 2021 | Listed | $634,900 | MLS #6130158 |
| Oct 1, 2021 | Sold | $254,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $452,200 | $150,000 | $602,200 | $5,942 |
| 2024 | $448,800 | $170,000 | $618,800 | $5,694 |
| 2023 | $165,400 | $162,200 | $327,600 | $2,838 |
| 2022 | — | $96,100 | $96,100 | $1,198 |
| 2021 | — | $49,700 | $49,700 | $556 |
| 2020 | — | $6,600 | $6,600 | $74 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,700 sqft
Lot size
7,797 sqft
ZIP code
55042
City
Lake Elmo
Street
Kokanee Ln
Coordinates
45.00701, -92.88392
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,050
Gross rental yield
7.48%
Implied cap rate
4.86%
Trend-extrapolated value
—
Frequently asked questions
When did 3989 Kokanee Ln last sell?
3989 Kokanee Ln most recently sold on Jul 1, 2022 for $649,900.
What is the current tax assessment for 3989 Kokanee Ln?
The most recent total assessment for 3989 Kokanee Ln (year 2025) is $602,200 with $5,942 in property tax.
How does 3989 Kokanee Ln's assessment compare to its last sale price?
The current assessment is 7.3% below the last sale price of $649,900.
When was 3989 Kokanee Ln built?
3989 Kokanee Ln was built in 2022.
How does 3989 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 3989 Kokanee Ln?
3989 Kokanee Ln is a 3 bed, 3 bath, 2,700 sqft, 7,797 sqft lot single_family.
Is 3989 Kokanee Ln a flip candidate?
Yes — 3989 Kokanee Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3989 Kokanee Ln a tax-appeal candidate?
No — 3989 Kokanee Ln 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 Kokanee Ln