4061 Kokanee Ln
Lake Elmo, MN 55042
3 bd 3 ba 2,978 sqft Built 2022 Lot 7,319 sqft single_family
Most recent sale
$254,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 27, 2026 | Sold | $206,000 | Public Record |
| Mar 17, 2023 | Sold | $659,753 | NorthstarMLS |
| Oct 14, 2022 | Price changed | $699,990 | MLS #6239320 |
| Jul 23, 2022 | Listed | $709,990 | MLS #6239320 |
| May 19, 2022 | Sold | $254,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $555,000 | $150,000 | $705,000 | $7,126 |
| 2024 | $544,700 | $170,000 | $714,700 | $6,720 |
| 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
2,978 sqft
Lot size
7,319 sqft
ZIP code
55042
City
Lake Elmo
Street
Kokanee Ln
Coordinates
45.00782, -92.88550
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,524
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 4061 Kokanee Ln last sell?
4061 Kokanee Ln most recently sold on May 19, 2022 for $254,000.
What is the current tax assessment for 4061 Kokanee Ln?
The most recent total assessment for 4061 Kokanee Ln (year 2025) is $705,000 with $7,126 in property tax.
How does 4061 Kokanee Ln's assessment compare to its last sale price?
The current assessment is 177.6% above the last sale price of $254,000.
When was 4061 Kokanee Ln built?
4061 Kokanee Ln was built in 2022.
How does 4061 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 4061 Kokanee Ln?
4061 Kokanee Ln is a 3 bed, 3 bath, 2,978 sqft, 7,319 sqft lot single_family.
Is 4061 Kokanee Ln a flip candidate?
Yes — 4061 Kokanee Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4061 Kokanee Ln a tax-appeal candidate?
Yes — 4061 Kokanee Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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
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