3235 Lake Elmo Ave
Lake Elmo, MN 55042
2 bd 1 ba 1,428 sqft Built 1950 Lot 12,371 sqft single_family
Most recent sale
$350,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 9, 2022 | Sold | $350,000 | MLS #6221261 |
| Jun 30, 2022 | Listed | $350,000 | MLS #6221261 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $180,600 | $137,900 | $318,500 | $3,062 |
| 2024 | $171,500 | $141,300 | $312,800 | $2,972 |
| 2023 | $153,600 | $121,400 | $275,000 | $2,392 |
| 2022 | $123,900 | $98,000 | $221,900 | $4,732 |
| 2021 | $116,200 | $85,100 | $201,300 | $4,352 |
| 2020 | $116,200 | $85,100 | $201,300 | $4,414 |
| 2019 | $115,600 | $87,500 | $203,100 | $4,248 |
| 2018 | $106,500 | $77,000 | $183,500 | $1,688 |
| 2017 | $97,700 | $71,500 | $169,200 | $1,520 |
| 2016 | $89,100 | $67,200 | $156,300 | $1,550 |
| 2015 | $85,900 | $67,000 | $152,900 | $1,534 |
| 2014 | $85,000 | $65,300 | $150,300 | $1,392 |
| 2013 | $70,500 | $49,800 | $120,300 | $1,374 |
| 2012 | $70,300 | $56,400 | $126,700 | $1,376 |
| 2011 | $71,800 | $57,100 | $128,900 | $1,420 |
| 2010 | $88,500 | $85,900 | $174,400 | $1,394 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,428 sqft
Lot size
12,371 sqft
ZIP code
55042
City
Lake Elmo
Street
Lake Elmo Ave
Coordinates
44.99584, -92.87896
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,142
Gross rental yield
7.34%
Implied cap rate
4.77%
Trend-extrapolated value
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Frequently asked questions
When did 3235 Lake Elmo Ave last sell?
3235 Lake Elmo Ave most recently sold on Sep 9, 2022 for $350,000.
What is the current tax assessment for 3235 Lake Elmo Ave?
The most recent total assessment for 3235 Lake Elmo Ave (year 2025) is $318,500 with $3,062 in property tax.
How does 3235 Lake Elmo Ave's assessment compare to its last sale price?
The current assessment is 9.0% below the last sale price of $350,000.
When was 3235 Lake Elmo Ave built?
3235 Lake Elmo Ave was built in 1950.
How does 3235 Lake Elmo Ave compare to others on Lake Elmo Ave?
We track 8 other properties on Lake Elmo Ave. Browse the list under "Other properties on Lake Elmo Ave" to compare beds, baths, and sale history.
What are the property facts for 3235 Lake Elmo Ave?
3235 Lake Elmo Ave is a 2 bed, 1 bath, 1,428 sqft, 12,371 sqft lot single_family.
Is 3235 Lake Elmo Ave a flip candidate?
No — 3235 Lake Elmo Ave does not appear in our flips dataset.
Is 3235 Lake Elmo Ave a tax-appeal candidate?
No — 3235 Lake Elmo Ave 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 Lake Elmo Ave