3505 Lilac Ave
Lake Elmo, MN 55042
3 bd 3 ba 2,539 sqft Built 2022 Lot 14,462 sqft single_family
Most recent sale
$580,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2025 | Sold | $599,000 | NorthstarMLS |
| Jan 16, 2025 | Listed | $599,000 | NorthstarMLS |
| Jul 29, 2022 | Sold | $580,000 | MLS #6213776 |
| Jun 6, 2022 | Listed | $580,000 | MLS #6213776 |
| Oct 6, 2021 | Sold | $109,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $446,200 | $150,000 | $596,200 | $5,874 |
| 2024 | $435,500 | $155,000 | $590,500 | $5,392 |
| 2023 | — | $120,400 | $120,400 | $1,076 |
| 2022 | — | $85,600 | $85,600 | $1,068 |
| 2021 | — | $46,200 | $46,200 | $516 |
| 2020 | — | $46,200 | $46,200 | $132 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,539 sqft
Lot size
14,462 sqft
ZIP code
55042
City
Lake Elmo
Street
Lilac Ave
Coordinates
44.99938, -92.87010
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,809
Gross rental yield
7.88%
Implied cap rate
5.12%
Trend-extrapolated value
—
Frequently asked questions
When did 3505 Lilac Ave last sell?
3505 Lilac Ave most recently sold on Jul 29, 2022 for $580,000.
What is the current tax assessment for 3505 Lilac Ave?
The most recent total assessment for 3505 Lilac Ave (year 2025) is $596,200 with $5,874 in property tax.
How does 3505 Lilac Ave's assessment compare to its last sale price?
The current assessment is 2.8% above the last sale price of $580,000.
When was 3505 Lilac Ave built?
3505 Lilac Ave was built in 2022.
How does 3505 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 3505 Lilac Ave?
3505 Lilac Ave is a 3 bed, 3 bath, 2,539 sqft, 14,462 sqft lot single_family.
Is 3505 Lilac Ave a flip candidate?
Yes — 3505 Lilac Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3505 Lilac Ave a tax-appeal candidate?
No — 3505 Lilac 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 Lilac Ave