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4005 Kokanee Ln

Lake Elmo, MN 55042

3 bd 3 ba 2,253 sqft Built 2022 Lot 7,912 sqft single_family
Most recent sale
$268,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2023 Sold $560,000 Public Record
Jul 1, 2023 Listed $619,000 NorthstarMLS
May 18, 2023 Price changed $619,000 NorthstarMLS
Apr 29, 2023 Listed $639,990 NorthstarMLS
Jan 13, 2023 Listed $639,990 NorthstarMLS
Jan 10, 2023 Price changed $639,990 NorthstarMLS
Nov 29, 2022 Price changed $644,990 NorthstarMLS
Oct 14, 2022 Price changed $649,990 MLS #6236006
Jul 16, 2022 Listed $659,990 MLS #6236006
May 26, 2022 Sold $268,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $388,500 $150,000 $538,500 $5,208
2024 $382,300 $170,000 $552,300 $4,984
2023 $165,700 $165,700 $1,722
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
1
Beds
3
Baths
3
Living area
2,253 sqft
Lot size
7,912 sqft
ZIP code
55042
City
Lake Elmo
Street
Kokanee Ln
Coordinates
45.00736, -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
$1,608
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4005 Kokanee Ln last sell?
4005 Kokanee Ln most recently sold on May 26, 2022 for $268,000.
What is the current tax assessment for 4005 Kokanee Ln?
The most recent total assessment for 4005 Kokanee Ln (year 2025) is $538,500 with $5,208 in property tax.
How does 4005 Kokanee Ln's assessment compare to its last sale price?
The current assessment is 100.9% above the last sale price of $268,000.
When was 4005 Kokanee Ln built?
4005 Kokanee Ln was built in 2022.
How does 4005 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 4005 Kokanee Ln?
4005 Kokanee Ln is a 3 bed, 3 bath, 2,253 sqft, 7,912 sqft lot single_family.
Is 4005 Kokanee Ln a flip candidate?
Yes — 4005 Kokanee Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4005 Kokanee Ln a tax-appeal candidate?
No — 4005 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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