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3500 Lilac Ave

Lake Elmo, MN 55042

4 bd 3 ba 2,200 sqft Built 2022 Lot 10,542 sqft single_family
Most recent sale
$619,900
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $619,900 MLS #6173502
Apr 3, 2022 Listed $619,900 MLS #6173502
Feb 4, 2022 Price changed $614,900 MLS #6127468
Jan 11, 2022 Price changed $604,900 MLS #6127468
Nov 14, 2021 Listed $599,900 MLS #6127468
Jun 7, 2021 Sold $220,909 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $522,200 $150,000 $672,200 $6,748
2024 $451,100 $155,000 $606,100 $5,558
2023 $100,000 $136,100 $236,100 $2,060
2022 $85,500 $85,500 $1,066
2021 $46,100 $46,100 $516
2020 $11,700 $11,700 $130

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,200 sqft
Lot size
10,542 sqft
ZIP code
55042
City
Lake Elmo
Street
Lilac Ave
Coordinates
44.99927, -92.87102

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,300
Gross rental yield
6.39%
Implied cap rate
4.15%
Trend-extrapolated value

Frequently asked questions

When did 3500 Lilac Ave last sell?
3500 Lilac Ave most recently sold on Jun 3, 2022 for $619,900.
What is the current tax assessment for 3500 Lilac Ave?
The most recent total assessment for 3500 Lilac Ave (year 2025) is $672,200 with $6,748 in property tax.
How does 3500 Lilac Ave's assessment compare to its last sale price?
The current assessment is 8.4% above the last sale price of $619,900.
When was 3500 Lilac Ave built?
3500 Lilac Ave was built in 2022.
How does 3500 Lilac Ave compare to others on Lilac Ave?
We track 8 other properties on Lilac Ave. Browse the list under "Other properties on Lilac Ave" to compare beds, baths, and sale history.
What are the property facts for 3500 Lilac Ave?
3500 Lilac Ave is a 4 bed, 3 bath, 2,200 sqft, 10,542 sqft lot single_family.
Is 3500 Lilac Ave a flip candidate?
Yes — 3500 Lilac Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3500 Lilac Ave a tax-appeal candidate?
No — 3500 Lilac Ave 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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