4943 Lilac Way
Lake Elmo, MN 55042
4 bd 3 ba 3,242 sqft Built 1998 Lot 17,990 sqft single_family
Most recent sale
$721,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $721,000 | MLS #6182483 |
| May 10, 2022 | Listed | $675,000 | MLS #6182483 |
| Sep 28, 2012 | Sold | $425,000 | MLS #4152433 |
| Jul 30, 2012 | Listing removed | $449,000 | Mankato |
| Jul 27, 2012 | Price changed | $449,000 | MLS #4128647 |
| May 14, 2012 | Listed | $465,000 | MLS #4128647 |
| Jun 13, 2011 | Listing removed | $475,000 | NorthstarMLS |
| May 20, 2010 | Price changed | $475,000 | MLS #3883074 |
| Feb 15, 2010 | Listed | $499,950 | MLS #3883074 |
| Sep 14, 1998 | Sold | $57,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $398,700 | $230,000 | $628,700 | $6,248 |
| 2024 | $406,700 | $210,000 | $616,700 | $5,746 |
| 2023 | $392,100 | $192,800 | $584,900 | $5,196 |
| 2022 | $325,400 | $160,000 | $485,400 | $5,026 |
| 2021 | $328,900 | $158,200 | $487,100 | $4,522 |
| 2020 | $332,000 | $153,000 | $485,000 | $4,490 |
| 2019 | $299,700 | $153,000 | $452,700 | $4,454 |
| 2018 | $297,100 | $153,000 | $450,100 | $4,382 |
| 2017 | $301,300 | $143,500 | $444,800 | $4,200 |
| 2016 | $298,900 | $143,500 | $442,400 | $4,346 |
| 2015 | $298,400 | $124,800 | $423,200 | $4,188 |
| 2014 | $304,400 | $99,600 | $404,000 | $4,562 |
| 2013 | $300,000 | $106,200 | $406,200 | $4,354 |
| 2012 | $300,000 | $106,200 | $406,200 | $4,246 |
| 2011 | $303,900 | $107,200 | $411,100 | $3,922 |
| 2010 | $282,400 | $136,400 | $418,800 | $3,806 |
| 2009 | — | — | $433,100 | $3,530 |
| 2007 | — | — | $391,600 | $3,128 |
| 2006 | — | — | $370,600 | $3,102 |
Property facts
Year built
1998
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,242 sqft
Lot size
17,990 sqft
ZIP code
55042
City
Lake Elmo
Street
Lilac Way
Coordinates
45.02004, -92.86395
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,863
Gross rental yield
8.09%
Implied cap rate
5.26%
Trend-extrapolated value
—
Frequently asked questions
When did 4943 Lilac Way last sell?
4943 Lilac Way most recently sold on Jun 30, 2022 for $721,000.
What is the current tax assessment for 4943 Lilac Way?
The most recent total assessment for 4943 Lilac Way (year 2025) is $628,700 with $6,248 in property tax.
How does 4943 Lilac Way's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $721,000.
When was 4943 Lilac Way built?
4943 Lilac Way was built in 1998.
How does 4943 Lilac Way compare to others on Lilac Way?
We track 4 other properties on Lilac Way. Browse the list under "Other properties on Lilac Way" to compare beds, baths, and sale history.
What are the property facts for 4943 Lilac Way?
4943 Lilac Way is a 4 bed, 3 bath, 3,242 sqft, 17,990 sqft lot single_family.
Is 4943 Lilac Way a flip candidate?
No — 4943 Lilac Way does not appear in our flips dataset.
Is 4943 Lilac Way a tax-appeal candidate?
No — 4943 Lilac Way 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 Way