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4055 Kokanee Ln

Lake Elmo, MN 55042

3 bd 3 ba 2,762 sqft Built 2021 Lot 9,583 sqft single_family
Most recent sale
$640,000
Feb 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 8, 2022 Sold $640,000 MLS #6082431
Aug 10, 2021 Listed $644,990 MLS #6082431

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $548,500 $150,000 $698,500 $7,050
2024 $546,600 $170,000 $716,600 $6,740
2023 $189,900 $163,400 $353,300 $3,056
2022 $96,100 $96,100 $1,198
2021 $49,700 $49,700 $556
2020 $6,600 $6,600 $74

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,762 sqft
Lot size
9,583 sqft
ZIP code
55042
City
Lake Elmo
Street
Kokanee Ln
Coordinates
45.00788, -92.88529

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,143
Gross rental yield
7.77%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 4055 Kokanee Ln last sell?
4055 Kokanee Ln most recently sold on Feb 8, 2022 for $640,000.
What is the current tax assessment for 4055 Kokanee Ln?
The most recent total assessment for 4055 Kokanee Ln (year 2025) is $698,500 with $7,050 in property tax.
How does 4055 Kokanee Ln's assessment compare to its last sale price?
The current assessment is 9.1% above the last sale price of $640,000.
When was 4055 Kokanee Ln built?
4055 Kokanee Ln was built in 2021.
How does 4055 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 4055 Kokanee Ln?
4055 Kokanee Ln is a 3 bed, 3 bath, 2,762 sqft, 9,583 sqft lot single_family.
Is 4055 Kokanee Ln a flip candidate?
No — 4055 Kokanee Ln does not appear in our flips dataset.
Is 4055 Kokanee Ln a tax-appeal candidate?
No — 4055 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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